Category: Security

NEAR Protocol DeFi Hub Rhea Finance Loses $7.6 Million in Oracle Exploit

NEAR Protocol’s largest Decentralized Finance (DeFi) hub, Rhea Finance, suffered a $7.6 million exploit after an attacker manipulated its oracle and validation layer. Blockchain security firm CertiK flagged the incident, confirming that assets were drained across multiple tokens. How the Rhea Finance Exploit Unfolded The attacker deployed fake token contracts and created fresh liquidity pools…
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16. April 2026 0

Victims of Ruja Ignatova’s OneCoin Fraud Can Now Seek Compensation

The US Department of Justice has opened a remission process to compensate OneCoin fraud victims, making more than $40 million in forfeited assets available for distribution. According to the announcement, affected individuals who purchased the token between 2014 and 2019 can submit a petition through the official remission website. Individuals can also request the petition…
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14. April 2026 0

FBI and Indonesia Team Up to Take Down $20 Million Fraud Network

FBI Atlanta and Indonesian National Police dismantled the W3LL phishing network. Authorities seized key infrastructure tied to more than $20 million in fraud attempts. The joint operation was the first US-Indonesia law enforcement cooperation to shut down a hacking platform. Authorities also detained the alleged developer in Indonesia. The US Attorney’s Office for the Northern…
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14. April 2026 0

US Treasury’s Secret Weapon Against Crypto Hackers Is Now Available For Free

The US Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) launched a program to share real-time cyber threat intelligence with eligible digital asset firms at no cost. The initiative gives qualifying crypto companies access to the same security briefings that traditional banks and financial institutions have received for years. Why This Matters Now The…
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9. April 2026 0

Stablecoins Are About to Eat the Payments Industry — Here’s the Data

Stablecoins processed $28 trillion in real economic activity in 2025. A new Chainalysis report projects that number could reach $1.5 quadrillion by 2035. Two forces are driving the shift. Two macro catalysts — a historic wealth transfer and the mainstreaming of crypto payments — are set to reshape global finance. The Biggest Wealth Transfer in…
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9. April 2026 0

FBI Data Reveals Who Scammers Targeted Most as Crypto Fraud Losses Hit $11.4 Billion

In the latest internet crime report, the FBI revealed that the Internet Crime Complaint Center (IC3) recorded $11.366 billion in crypto-related fraud losses in 2025, a 22% jump from the prior year. The annual report also logged 181,565 crypto complaints, up 21% year over year. The average loss stood at $62,604, with 18,589 complainants losing…
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8. April 2026 0

Is North Korea Behind the Drift Protocol Hack? Here’s What the Data Shows

Blockchain analytics firm Elliptic’s latest analysis suggested that actors linked to the Democratic People’s Republic of Korea (DPRK) may be behind the Drift Protocol hack. The report highlighted that the hacker zeroed in on three primary vaults. This included the JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. Notably, the wallet used in…
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3. April 2026 0

Hackers Drain $52 Million in March, Nearly Doubling February’s Crypto Loss Toll

Crypto hackers stole more than $52 million across 20 major incidents in March 2026. This marked a 96% surge from the $26.5 million in losses in February, according to PeckShield data.  The sharp increase in crypto hacks signals a return to elevated threat levels after what had been the lowest monthly total in 11 months.…
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1. April 2026 0

Irish Police Crack Seized Bitcoin Wallet Dormant for Nearly a Decade

A total of 500 BTC worth around $35 million moved on-chain on March 24 after nearly a decade of dormancy. The funds belonged to convicted Irish cannabis grower Clifton Collins, whose 6,000 BTC fortune had been considered permanently lost since 2017. But this was not a mystery whale awakening from dormancy — it was a…
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25. March 2026 0

OpenClaw Creator Warns of Crypto Phishing Wave: ‘We Would Never Do That’

Peter Steinberger, creator of the open-source AI assistant OpenClaw, issued a public warning on March 19. He urged users to treat all crypto-related emails claiming ties to the project as scams. The project is “open source and non-commercial,” Steinberger wrote on X. He told followers to rely only on the official website and stay skeptical…
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19. March 2026 0