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Makina Finance, a decentralized finance protocol on Ethereum, lost approximately $4.2 million after an attacker exploited a vulnerable oracle mechanism in its DUSD/USDC stableswap pool, with blockchain security firm CertiK tracing the majority of stolen funds to an MEV builder address. What Happened

Nearly four out of five cryptocurrency projects that suffer major hacks never fully regain their footing, according to Mitchell Amador, CEO of Web3 security platform Immunefi. Amador told Cointelegraph that most protocols enter a state of paralysis the moment an exploit is discovered. "Most protocol

A newly discovered ransomware strain is weaponizing blockchain technology to build resilient command-and-control infrastructure that security teams struggle to dismantle. Group-IB cybersecurity researchers disclosed Thursday that DeadLock ransomware, first identified in July 2025, stores proxy serve

Chen Zhi, founder of Cambodia's Prince Holding Group and alleged mastermind behind one of Asia's largest scam operations, was extradited to China on Jan. 7 after U.S. prosecutors announced a record seizure of 127,271 Bitcoin worth approximately $15 billion—prompting Chinese officials to accuse the U

Hardware wallet maker Ledger customers reportedly received breach notifications after payment processor Global-e detected unauthorized access to its systems. The incident exposed customer names and contact information. On-chain investigator ZachXBT alerted the cryptocurrency community to the breach