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Blockchain analytics firm Match Systems has made contact with an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discounted prices. Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks. Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have pointed to an individual who is allegedly selling stolen cryptocurrency tokens via peer-to-peer transfers. Related: CoinEx hack: Compromised private keys led to $70M theft The investigators managed to identify and make contact with an individual on Telegram offering stolen assets. The team confirmed that the user was in control of an address containing over $6 million worth of cryptocurre...

Blockchain analysts warn of growing cooperation between Russia-based crypto exchanges and North Korea-linked hacking groups. Democratic People’s Republic of Korea hacker groups have been actively using Russia-based exchanges to launder crypto since 2021, as strict international monitoring of North Korea’s on-chain crimes limits the country’s possibilities of an enrichment capability. According to Chainalysis, a blockchain forensics firm, North Korean hacker groups are now “increasing their use of Russia-based exchanges” to launder crypto stolen from centralized exchanges or decentralized finance protocols. You might also like: North Korea linked to latest crypto hacks, surpassing $270m In a blog post on Sept. 14, the New York-based firm wrote that almost $22 million in crypto stolen from Harmony Protocol — a blockchain protocol exploited for roughly 100 million in crypto in Jun. 2022 — was recently transferred to a Russia-based exchange “...

A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack. Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit . On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had thus frozen its smart contract. The team added it is investigating the cause of the exploit and has reached out to the hacker to negotiate a potential return of stolen funds. Cypher has has experienced an exploit/security incident. The smart contract has been frozen. The team is currently working with individuals and investigating To the hacker: We are writing to see whether you would be open to speaking with us about any potential next steps. — cypher ️ (@cypher_protocol) August 7, 2023 According to data from Solana blockchain explorer Solscan, the wallet suspected to be tied to the exploit stole approx...

A group of sophisticated Twitter hackers is successfully targeting high-profile accounts on FinTwit and CryptoTwitter. The group remained anonymous until analyst ZachXBT uncovered its on-chain trails, shedding light on its previous activity. Last week, the group hacked the account of Jim Bianco from Bianco Research to promote a fake coin. Others who’ve fallen victim to the collective include broker and financial commentator Peter Schiff, OpenAI chief technology officer Mira Murati, music producer Steve Aoki, and Bitcoin Magazine editor Pete Rizzo. More than 115 ether have been stolen by the group through phishing scams that ask users to click on links to claim fake coins. The links give authorization to access your online MetaMask wallet. These scams have sometimes been running for days, affecting dozens of victims while Twitter Support takes its time to address them . OpenAI exec’s Twitter account hacked to steal crypto Read more: Not even Sir David Attenborough...