Hacks

Ari Redbord (TRM Labs)
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.
Ari Redbord (TRM Labs)

Cross-chain bridge attacks equal $2B in 2022 (Charlie Green/Unsplash)
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.
Cross-chain bridge attacks equal $2B in 2022 (Charlie Green/Unsplash)

Canadian regulators ordered a freeze on Catalyx recently.
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.
Canadian regulators ordered a freeze on Catalyx recently.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)
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.
Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
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 2...
DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)

(Kenny Eliason/Unsplash, modified by CoinDesk)
Code Is Not (Always) Law
Sometimes, the law is the law, industry experts say.
(Kenny Eliason/Unsplash, modified by CoinDesk)

(Alpha Rad/Unsplash)
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.
(Alpha Rad/Unsplash)

(Towfiqu Barbhuiya/Unsplash)
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Poloniex investor Justin Sun confirmed the exploit, saying the exchange will reimburse affected users and offering a "white hat bounty" to the hacker.
(Towfiqu Barbhuiya/Unsplash)

CEO Ido Ben-Natan and CTO Raz Niv
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .
CEO Ido Ben-Natan and CTO Raz Niv