THORChain is being flagged as a key route for hackers to move stolen funds THORChain is under fresh scrutiny after on-chain analysts said the cross-chain swap protocol has become a favorite rail for moving stolen crypto from major hacks, including FTX, Bybit, Balancer, and KelpDAO. The protocol keeps leaning on the same defense: it’s neutral, […]
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AI Agents in Smart Contract Security: Savior or Threat Amid $3.4B Crypto Losses? The crypto world is reeling from a brutal 2025, with hackers looting over $3.4 billion from blockchain platforms, including a historic $1.4 billion heist at Bybit exchange. As smart contracts—managing over $100 billion in digital assets—remain a prime target, AI agents like […]
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D’CENT Wallet: Biometric Security to Protect Your Bitcoin Amid 2025’s Crime Surge With crypto thefts shattering records—over $2.17 billion stolen in just the first half of 2025—securing your digital assets has never been more critical. Enter D’CENT Wallet, dubbed the world’s first biometrically secured hardware wallet, stepping up with cutting-edge features to combat the relentless […]
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Cross-Chain Crime Surges 200% to $21.8 Billion: Elliptic Report Reveals Hackers’ Latest Hideouts A chilling new reality has emerged in the cryptocurrency space: cross-chain crime has exploded to $21.8 billion in 2025, a staggering 200% increase from $7 billion just two years ago, according to Elliptic’s 2025 Cross-Chain Crime Report. Criminals are exploiting the very […]
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Crypto Exchange eXch Shuts Down Amid Allegations of Bybit Hack Involvement and Lazarus Group Ties Crypto exchange eXch, a bastion for those valuing privacy with its no-KYC (Know Your Customer) policy, has announced it will cease operations on May 1, 2023. This drastic step comes in the wake of allegations linking eXch to the $400 […]
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eXch Shuts Down: Alleged Money Laundering in Bybit Hack Involves North Korea’s Lazarus Group eXch, a privacy-focused cryptocurrency exchange, will cease operations on May 1, 2023, amid allegations of laundering funds from the massive $1.5 billion Bybit hack. Accused of facilitating money laundering, eXch finds itself targeted by a transatlantic law enforcement operation. eXch to […]
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Lazarus Group Nets $2.51M from WBTC Sale Amidst Sophisticated Crypto Laundering Operations The Lazarus Group, a notorious North Korean hacking entity, has once again made headlines by turning a hefty profit of $2.51 million from selling 40.78 Wrapped Bitcoin (WBTC). Wrapped Bitcoin, or WBTC, is a tokenized version of Bitcoin that operates on the Ethereum […]
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ZachXBT Calls for Sweeping Government Regulations After Bybit Hack: Crypto Security in Crisis The recent Bybit hack, where North Korea’s Lazarus Group reportedly stole 401,000 ETH coins valued at $1.4 billion, has led prominent on-chain analyst ZachXBT to voice a stark warning about the state of crypto security. After tirelessly working to freeze the stolen […]
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North Korea Surpasses El Salvador in Bitcoin Holdings, Fueled by Bybit Hack North Korea’s government-backed hackers convert stolen Bybit funds into Bitcoin. Lazarus Group’s activities fund North Korea’s nuclear program, posing a global security threat. DeFi protocols like THORChain play a role in laundering these stolen assets. The Bybit Hack North Korea has leapfrogged El […]
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Crypto’s Centralized Trap: Lessons from Bybit Hack and the Need for Decentralization The Bybit hack, resulting in losses of up to $1.5 billion, serves as a stark reminder of the vulnerabilities inherent in centralized exchanges (CEXs). Despite cryptocurrency’s promise to disrupt traditional finance and offer financial freedom, the industry remains entangled in systems prone to […]
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