Crypto Theft

Crypto Theft latest news, images, analysis about Web2 days ago · Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. North Korea stole a record amount of cryptocurrency last year, …

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FAQs for Crypto Theft

How is crypto theft becoming a bigger issue?

The volume of crypto heists has not necessarily changed, but attacks are becoming more devastating, in part due to the rising popularity of Decentralized Finance (DeFi) projects, and the amount of money being poured into these projects. Share your thoughts on Cybersecurity and get a free copy of the Hacker's Manual 2022.

How can people protect themselves from crypto theft?

One way consumers can protect themselves from exchange theft, or insolvency, is to transfer their cryptocurrency from the exchange to a software wallet (a secure application installed on a computer or smartphone) or a hardware wallet (a hardware device that can be disconnected from the computer and internet).

What are the biggest crypto theft cases in history?

Hackers have stolen some $600 million in cryptocurrency from the decentralized finance platform Poly Network, in what it says is the largest theft in the industry’s history. A vulnerability in Poly Network allowed the thief to make off with the funds, the platform said Tuesday, begging the attacker to return the money.

How common is crypto theft?

You’re not the only one: According to a 2019 report on cryptocurrencies by security company Kaspersky, almost a fifth (19 percent) of survey respondents said they’d been hacked on exchanges, and a further 15 percent said they were victims of cryptocurrency fraud.

Most Popular News for Crypto Theft

North Korea Crypto Theft Hit Record High Last Year, UN …

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North Korea Crypto Theft Hit Record High Last Year, UN …
Web2 days ago · Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. North Korea stole a record amount of cryptocurrency last year, …

Watch What's Being Done to Stop Crypto Theft?

Topic: Crypto Theft

Watch What's Being Done to Stop Crypto Theft?
Web14 hours ago · Watch What's Being Done to Stop Crypto Theft? - Bloomberg Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers...

Exclusive-Record-Breaking 2022 for North Korea Crypto Theft

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Exclusive-Record-Breaking 2022 for North Korea Crypto Theft
WebFeb 6, 2023 · Ronin, a blockchain network that lets users transfer crypto in and out of the game, said digital cash worth almost $615 million was stolen on March 2022. (Reporting …

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$600 million gone: The biggest crypto theft in history - CNN

$600 million gone: The biggest crypto theft in history - CNN
WebAug 11, 2021 · Hackers have stolen some $600 million in cryptocurrency from the decentralized finance platform Poly Network, in what it says is the largest theft in the industry’s history. A …

FBI Confirms North Korea’s Involvement in the $100 Million …

Topic: crypto theft

FBI Confirms North Korea’s Involvement in the $100 Million …
Web1 day ago · The Federal Bureau of Investigation (FBI) has attributed the $100 million Harmony Horizon bridge crypto theft to North Korean hackers. The FBI confirmed that a …

Crypto theft: North Korea-linked hackers stole $1.7b in 2022

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Crypto theft: North Korea-linked hackers stole $1.7b in 2022
WebFeb 2, 2023 · North Korea-backed hackers stole $1.7bn (£1.4bn) of crypto in 2022, says blockchain analysis firm Chainalysis. This nearly quadruples the country's previous …

U.S. crypto firm Nomad hit by $190 million theft | Reuters

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U.S. crypto firm Nomad hit by $190 million theft | Reuters
WebAug 3, 2022 · LONDON, Aug 2 (Reuters) - U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the …

What to do when your crypto’s been stolen - Decrypt

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What to do when your crypto’s been stolen - Decrypt
WebOct 5, 2019 · You’re not the only one: According to a 2019 report on cryptocurrencies by security company Kaspersky, almost a fifth (19 percent) of survey respondents said …

Hackers stole $100 million in latest crypto theft | The Hill

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Hackers stole $100 million in latest crypto theft | The Hill
WebJun 24, 2022 · The theft is the latest crypto hack to occur in the last two months. In April, the FBI accused North Korean government-backed hackers of stealing about $620 million …

The crypto theft problem is getting worse and worse

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The crypto theft problem is getting worse and worse
WebApr 25, 2022 · According to blockchain market analysts at Chainalysis, thieves and fraudsters stole $3.2 billion in various cryptocurrencies last year. But in the first four …

Hackers Steal $600 Million in Likely Largest DeFi Crypto Theft

Hackers Steal $600 Million in Likely Largest DeFi Crypto Theft
WebAug 10, 2021 · Hackers perpetrated what is likely the biggest theft ever in the world of decentralized finance, stealing about $600 million in cryptocurrency from a protocol …

Crypto Worth Over $320 Million Taken in Wormhole Hack

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Crypto Worth Over $320 Million Taken in Wormhole Hack
WebFeb 3, 2022 · Crypto Worth Over $320 Million Taken in Wormhole Hack. ... The $320 million theft is the second-biggest since $600 million worth of tokens were stolen from …

Amid Record Theft, How Can You Keep Your Crypto Safe?

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Amid Record Theft, How Can You Keep Your Crypto Safe?
WebFeb 7, 2023 · A whopping $3.8 billion of crypto was stolen in 2022 — the biggest year ever for crypto hacking, a recent report found. DeFi (decentralized finance) protocols became …

Feds arrest a New York couple and seize $3.6 billion in stolen

Topic: stolen cryptocurrency

Feds arrest a New York couple and seize $3.6 billion in stolen
WebFeb 8, 2022 · A New York couple has been arrested and charged with conspiring to launder $4.5 billion in stolen cryptocurrency funds. Law enforcement officials have seized $3.6 …

Crypto scammers took a record $14 billion in 2021 - CNBC

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Crypto scammers took a record $14 billion in 2021 - CNBC
WebJan 6, 2022 · Crypto scammers took a record $14 billion in 2021 Scammers around the world took home a record $14 billion in cryptocurrency in 2021, thanks in large part to …

Record-breaking 2022 for North Korea crypto theft, UN report says

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Record-breaking 2022 for North Korea crypto theft, UN report says
Web2 days ago · The sanctions monitors said South Korea estimated that North Korean-linked hackers stole virtual assets worth $630 million in 2022, while a cybersecurity firm …