HackingAttacks
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JUST IN: 3,520 Bitcoin ($330M) stolen from a potential victim and swapped for Monero (XMR). — ZachXBT
#HackingAttacks
JUST IN: 3,520 Bitcoin ($330M) stolen from a potential victim and swapped for Monero (XMR). — ZachXBT
News significantly impacts cryptocurrency. Positive news, such as Bitcoin adoption by large companies or governments, typically increases the price. Negative news, such as bans, hacking attacks, or regulatory pressure, leads to a decline. Market emotions and speculation amplify these fluctuations.
#Regulation #HackingAttacks #speculation #PositiveNews #NegativeNews
#Regulation #HackingAttacks #speculation #PositiveNews #NegativeNews
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The value of cryptocurrency hacking operations increased to $1.6 billion in Q1 2025
Losses from cryptocurrency hacks rose to $1.63 billion in the first quarter of 2025, according to the 'Peak Shield' report, with the 'Bybit' breach accounting for 92% of the total stolen.
The amount stolen was $87 million in January, and surged to $1.53 billion in February due to this attack, which is considered one of the largest recorded incidents.
In February, other attacks caused losses of $126 million, including $50 million stolen from 'Infini', $9.5 million from 'zkLend', and $8.5 million from 'Ionic'.
The thefts sharply declined in March to $33 million, which is 97% lower than February, with some funds being recovered.
The first quarter of 2025 saw a 131% increase in thefts compared to the same period in 2024, which recorded $706 million.
Among the notable incidents in March was the hacking of the 'Abracadabra.Money' platform and the theft of 6,260 Ethereum ($13 million), in addition to an attack on 'Zoth' worth $8.4 million.
Despite these thefts, some assets were recovered.
On March 7, a hacker who seized $5 million from the '1inch' platform returned 90% of the funds and accepted a reward of $500,000.
#infini #InfiniHack
#hacking #HackingAttacks
Losses from cryptocurrency hacks rose to $1.63 billion in the first quarter of 2025, according to the 'Peak Shield' report, with the 'Bybit' breach accounting for 92% of the total stolen.
The amount stolen was $87 million in January, and surged to $1.53 billion in February due to this attack, which is considered one of the largest recorded incidents.
In February, other attacks caused losses of $126 million, including $50 million stolen from 'Infini', $9.5 million from 'zkLend', and $8.5 million from 'Ionic'.
The thefts sharply declined in March to $33 million, which is 97% lower than February, with some funds being recovered.
The first quarter of 2025 saw a 131% increase in thefts compared to the same period in 2024, which recorded $706 million.
Among the notable incidents in March was the hacking of the 'Abracadabra.Money' platform and the theft of 6,260 Ethereum ($13 million), in addition to an attack on 'Zoth' worth $8.4 million.
Despite these thefts, some assets were recovered.
On March 7, a hacker who seized $5 million from the '1inch' platform returned 90% of the funds and accepted a reward of $500,000.
#infini #InfiniHack
#hacking #HackingAttacks
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