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Cryptocurrency exchange Bybit has fallen victim to one of the largest digital asset thefts in history. The breach resulted in losses of approximately $1.4 billion in Ethereum tokens from a cold storage wallet. The incident came to light when prominent blockchain investigator ZachXBT identified suspi

Kaspersky Labs has identified a sophisticated malware campaign targeting cryptocurrency users through malicious software development kits embedded in mobile apps available on Google Play and the Apple App Store. Named "SparkCat," this malware utilizes optical character recognition to scan users' pho

In January 2025, the incidence of cryptocurrency cybercrime witnessed a noticeable reduction, with hackers seizing $73 million across 19 incidents—a 44% decrease from the $133 million stolen in January 2024. Despite this positive trend in cybersecurity, the figure marks a substantial increase from t

In a significant setback for the crypto industry, Phemex experienced a large-scale security breach on Thursday. Reports indicate that millions in various cryptocurrencies, including USDT, USDC, and Ethereum (ETH), were siphoned from the exchange’s hot wallets, leading to a temporary cessation of wit

A significant security flaw has put in jeopardy more than 14,500 Tron cryptocurrency wallets, potentially exposing millions of dollars in assets to theft. This vulnerability, detailed by security firm AMLBot in a report shared with Cointelegraph, compromised 2,130 wallets in the last quarter of 2024