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Pseudonymous on-chain cryptocurrency analyst ZachXBT is one of the most respected voices in the crypto space — but surprisingly enough, he doesn’t offer investment advice. Instead, the ‘crypto sleuth’ has taken to unveiling and publicizing the many scams running rampant in the world of digital assets. The blockchain detective has also exposed several high-profile hacks — most recently, a $112 million XRP breach on January 31 and a $35 million Atomic Wallet hack in June of 2023. Picks for you If you put $1,000 into an Anthony Scaramucci crypto portfolio at the start of 2025, here’s your return now 1 hour ago Buy signal for two oversold cryptocurrencies amid Trump’s tariffs crash 1 hour ago ...

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...

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...

The seized funds will be used to reimburse affected users, and prevent it from funding North Korea's nuclear weapons program. According to a press release published on Feb. 16 by Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim), authorities have seized 60 million Norwegian Kroner ($5.85 million) in stolen cryptocurrencies linked to the Axie Infinity Ronin Bridge hack last March. According to senior public prosecutor Bender,  "Økokrim is good at following the trail of money. This case shows that we also have a great capacity to follow the money on the blockchain, even if the criminals use advanced methods." According to Bender, Økokrim worked with FBI agents and the U.S. Department of Justice to track the trail of stolen digital assets. "We as a society stand stronger in the fight against digital, profit-motivated crime," she said, "This is money that can support North Korea and their nuclear w...