Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $ 68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of the recovery operation have not been disclosed. In a recent social media post, Match Systems …
Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash
In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado […]
LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody
The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $ 6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the retrieval of all stolen items. California Authorities Arrest Trio for Stealing Bitcoin Mining Hardware On March 19, 2024, the LAPD, along with detectives …
Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation
After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $ 4.2 million” of the compromised assets. Teng elaborated that Binance is committed to “support[ing] Ripple in their investigations,” indicating ongoing collaboration. New Binance CEO Discusses Freezing $ 4.2 …
Digital Assets Worth $343M Stolen From Crypto Exchange Platforms in November — Study
Digital assets worth just over $ 343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on BNB Chain and Ethereum represented 83% of the total losses across targeted chains. Highest Monthly Loss …