Hacks

Crypto Gets Another 'Neighborhood Watch' to Guard Against Hacks
Justine Bone, a cybersecurity firebrand whose research led to recalls of half a million faulty pacemakers, leads the soon-to-launch information-sharing and analysis center (ISAC) for crypto firms.

North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million

North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs
U.S. national security officials have raised concerns about North Korea's use of stolen crypto to develop nuclear weapons.

Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.

Crypto Exchange Catalyx Suspends Trading, Withdrawals Following 'Security Breach'
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.

DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.

What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
As with the FTX fraud, it’s unclear how tax authorities are going to treat tax issues when there’s criminal activity involved.


