5h ago|cryptoticker.io

China just reminded the world that crypto is still off-limits on the mainland, and this time the warning hits stablecoins the hardest.

7h ago|cryptopolitan.com

The Indian police have arrested a fraud ring that mimics the Australian accent, targeting unsuspecting victims to steal from them. According to reports, the police were alerted to suspicious activities going on in the building, leading to a raid led by the Cyberabad police on the location. Indian police officers attached to the operation claimed […]

9h ago|coincu.com

Upbit to restore crypto deposits on Dec 1 after $36.8M Solana theft, emphasizing wallet security. Read more...

14h ago|bitcoin.com

A cybersecurity breach pushed crypto platform Upbit to halt transfers and rebuild parts of its wallet infrastructure while investigators reviewed abnormal activity and the exchange moved to assure customers their assets remained fully protected. Upbit Races to Fortify Systems After Security Breach South Korean crypto exchange Upbit issued an announcement on Nov. 28 from Oh […]

20h ago|cryptopotato.com

Interpol's updated crime data reveals increasingly sophisticated crypto scam networks overlapping with drug, firearms, and wildlife trafficking markets worldwide.

1d ago|coincu.com

Upbit CEO Oh Kyung-seok apologizes for Solana security breach; $26M user losses covered. Read more...

1d ago|cryptopolitan.com

The FBI has issued a public service announcement to the general populace, warning them about the latest financial scam that has been growing in the country.

1d ago|newsbtc.com

South Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The breach impacted over 20 different tokens and has prompted Upbit to freeze assets on its platform while an investigation unfolds. Lazarus Group Tied To Upbit Hack Authorities are now investigating the possibility of North Korean involvement in the cyber attack. Reports suggest that a group affiliated with North Korea’s intelligence agency, the notorious Lazarus Group, may have orchestrated the hack, which Upbit has described as an “abnormal withdrawal.”  This group has been consistently linked to several high-profile crypto heists in recent years, and the US Federal Bureau of Investigation (FBI) has identified North Korean cyber operations as one of the most sophisticated and persistent threats. Related Reading: Hyperliquid (HYPE) Ready For A Significant Surge To $50: Key Levels Identified The recent attack coincidentally occurred just days before the sixth anniversary of a previous major breach, in which Upbit lost 342,000 Ethereum (ETH) to North Korean hackers.  According to an unnamed government official, this latest hack bears similarities to a 2019 incident in which approximately 58 billion won in cryptocurrencies was stolen, also attributed to the Lazarus Group. In response to the attack, the South Korean National Police Agency has launched an investigation into the matter, although officials have not provided further comments on the case. Upbit’s operator, Dunamu, confirmed that an in-depth investigation into the cause and extent of the asset outflow is currently underway. Crypto Exchange Moves Funds To Cold Storage The cryptocurrency exchange’s CEO Oh Kyung-seok stated that as soon as abnormal withdrawal activity was detected, Upbit promptly suspended all deposit and withdrawal services.  “We are conducting a comprehensive inspection, prioritizing the protection of member assets,” he said in a notice to users. Following the discovery of the unauthorized transactions, Upbit has taken steps to freeze the affected funds wherever possible. To prevent any further unauthorized transfers, the exchange has shifted all remaining assets to cold storage, ensuring “a secure environment for funds.”  Related Reading: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism Upbit is also said to be working with relevant project teams to freeze assets on-chain, having already blocked a portion of the stolen funds related to the cryptocurrency Solayer (LAYER). The exchange has indicated that deposits and withdrawals will only resume once full security checks are completed. Dunamu has vowed to reimburse customers for any losses with business funds as part of its commitment to its users. It remains to be seen what additional information the country’s authorities will release in the coming days, as well as potential refund deadlines for affected individuals.   Featured image from DALL-E, chart from TradingView.com

1d ago|beincrypto.com

A South Korean expert has suggested that the recent Upbit breach may have originated from a high-level mathematical exploit targeting flaws in the exchange’s signature or random-number generation system. Rather than a conventional wallet compromise, the attack appears to have leveraged subtle nonce-bias patterns embedded in millions of Solana transactions—an approach requiring advanced cryptographic expertise The post Upbit Hack Stemmed From High-Level Mathematical Exploit, Says Local Expert appeared first on BeInCrypto.

2d ago|cryptopolitan.com

The Upbit hacker moved funds through Railgun, passing the mixer's test for banned wallets. The exploiter bypassed the test by quickly moving funds between wallets, so Railgun did not have an updated database of flagged addresses.

2d ago|cryptonomist.ch

The growth of digital assets is profoundly transforming the global financial landscape. All the details.

2d ago|coinjournal.net

Balancer will return $8M to affected liquidity providers after the V2 exploit. Whitehat and internal teams recovered part of the stolen $28M. Reimbursements will be distributed pro rata in the same tokens via a 180-day claim. Decentralised finance protocol Balancer has unveiled a plan to reimburse liquidity providers (LPs) following the massive exploit that drained […] The post Balancer unveils $8M reimbursement plan for LPs after the $128M V2 exploit appeared first on CoinJournal.

2d ago|coinpaper.com

North Korea’s Lazarus Group is under suspicion after a coordinated attack drained $30 million from Upbit.

2d ago|bitdegree.org

The International Monetary Fund (IMF) released a video on X on November 28 discussing the advantages and possible challenges created by tokenized markets.

2d ago|cryptopolitan.com

Balancer DeFi protocol has rolled out plans to begin reimbursing users after suffering a v2 exploit.

2d ago|fxstreet.com

Coca-Cola (KO) is basically one of the most famous drink brands in the world. It started in the late 1800s in the U.S., and over time, it turned into a huge global company. They’re known for their classic Coke, but they also make tons of other drinks—juices, waters, teas, and even energy drinks.

2d ago|beincrypto.com

For the better part of a decade, the ethos of cryptocurrency security was distilled into a single, terrifyingly simple mantra: “Not your keys, not your coins.” It was a call to arms for self-sovereignty, placing the burden of bank-grade security onto the shoulders of individuals. But as we move deeper into 2025 and beyond, that The post How Crypto Industry Is Rewriting Rules of Custody, Identity, and Defense in an Era of Automated Threats. appeared first on BeInCrypto.

2d ago|cryptoticker.io

Do Kwon wants his prison time capped at five years for the $40 billion Terra collapse, arguing he acted out of hubris and desperation.

2d ago|decrypt.co

Balancer has identified six whitehat actors who recovered approximately $3.9 million across multiple networks during the exploit.