29-Year-Old Ukrainian Cryptojacking Kingpin Arrested for Exploiting Cloud Services

A 29-year-old Ukrainian national has been arrested in connection with running a “sophisticated cryptojacking scheme,” netting them over $2 million (€1.8 million) in illicit profits. The person, described as the “mastermind” behind the operation, was apprehended in Mykolaiv, Ukraine, on January 9 by the National Police of Ukraine with support from Europol and an unnamed cloud service provider

Beware: Scam-as-a-Service Aiding Cybercriminals in Crypto Wallet-Draining Attacks

Cybersecurity researchers are warning about an increase in phishing attacks that are capable of draining cryptocurrency wallets. "These threats are unique in their approach, targeting a wide range of blockchain networks, from Ethereum and Binance Smart Chain to Polygon, Avalanche, and almost 20 other networks by using a crypto wallet-draining technique," Check Point researchers Oded Vanunu,

Crypto Hardware Wallet Ledger's Supply Chain Breach Results in $600,000 Theft

Crypto hardware wallet maker Ledger published a new version of its "@ledgerhq/connect-kit" npm module after unidentified threat actors pushed malicious code that led to the theft of more than $600,000 in virtual assets. The compromise was the result of a former employee falling victim to a phishing attack, the company said in a statement. This allowed the attackers to gain

New NKAbuse Malware Exploits NKN Blockchain Tech for DDoS Attacks

A novel multi-platform threat called NKAbuse has been discovered using a decentralized, peer-to-peer network connectivity protocol known as NKN (short for New Kind of Network) as a communications channel. "The malware utilizes NKN technology for data exchange between peers, functioning as a potent implant, and equipped with both flooder and backdoor capabilities," Russian

N. Korea's Kimsuky Targeting South Korean Research Institutes with Backdoor Attacks

The North Korean threat actor known as Kimsuky has been observed targeting research institutes in South Korea as part of a spear-phishing campaign with the ultimate goal of distributing backdoors on compromised systems. "The threat actor ultimately uses a backdoor to steal information and execute commands," the AhnLab Security Emergency Response Center (ASEC) said in an

U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. "Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists," the department said. "Sinbad is

N. Korean Hackers 'Mixing' macOS Malware Tactics to Evade Detection

The North Korean threat actors behind macOS malware strains such as RustBucket and KANDYKORN have been observed "mixing and matching" different elements of the two disparate attack chains, leveraging RustBucket droppers to deliver KANDYKORN. The findings come from cybersecurity firm SentinelOne, which also tied a third macOS-specific malware called ObjCShellz to the RustBucket campaign

Randstorm Exploit: Bitcoin Wallets Created b/w 2011-2015 Vulnerable to Hacking

Bitcoin wallets created between 2011 and 2015 are susceptible to a new kind of exploit called Randstorm that makes it possible to recover passwords and gain unauthorized access to a multitude of wallets spanning several blockchain platforms. "Randstorm() is a term we coined to describe a collection of bugs, design decisions, and API changes that, when brought in contact with each other, combine

Binance's Smart Chain Exploited in New 'EtherHiding' Malware Campaign

Threat actors have been observed serving malicious code by utilizing Binance's Smart Chain (BSC) contracts in what has been described as the "next level of bulletproof hosting." The campaign, detected two months ago, has been codenamed EtherHiding by Guardio Labs. The novel twist marks the latest iteration in an ongoing malware campaign that leverages compromised WordPress sites to serve

Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. "Ransomware attackers are on pace for their second-biggest year ever, having extorted at least $449.1 million through June," the blockchain analytics firm said in a midyear crypto crime report

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking to launder illegal proceeds from criminal activities such as drug trafficking, weapons trafficking,

BitKeep Confirms Cyber Attack, Loses Over $9 Million in Digital Currencies

Decentralized multi-chain crypto wallet BitKeep on Wednesday confirmed a cyber attack that allowed threat actors to distribute fraudulent versions of its Android app with the goal of stealing users' digital currencies. "With maliciously implanted code, the altered APK led to the leak of user's private keys and enabled the hacker to move funds," BitKeep CEO Kevin Como said, describing it as a "

Google Wins Lawsuit Against Russians Linked to Blockchain-based Glupteba Botnet

Google has won a lawsuit filed against two Russian nationals in connection with the operation of a botnet called Glupteba, the company said last week. The U.S. District Court for the Southern District of New York imposed monetary sanctions against the defendants and their U.S.-based legal counsel. The defendants have also been asked to pay Google's attorney fees. The defendants' move to press

Critical Flaw Reported in Move Virtual Machine Powering the Aptos Blockchain Network

Researchers have disclosed details about a now-patched critical flaw in the Move virtual machine that powers the Aptos blockchain network. The vulnerability "can cause Aptos nodes to crash and cause denial of service," Singapore-based Numen Cyber Labs said in a technical write-up published earlier this month. Aptos is a new entrant to the blockchain space, which launched its mainnet on October

Hackers Used Fake Job Offer to Hack and Steal $540 Million from Axie Infinity

The $540 million hack of Axie Infinity's Ronin Bridge in late March 2022 was the consequence of one of its former employees getting tricked by a fraudulent job offer on LinkedIn, it has emerged.  According to a report from The Block published last week citing two people familiar with the matter, a senior engineer at the company was duped into applying for a job at a non-existent company, causing

North Korean Hackers Suspected to be Behind $100M Horizon Bridge Hack

The notorious North Korea-backed hacking collective Lazarus Group is suspected to be behind the recent $100 million altcoin theft from Harmony Horizon Bridge, citing similarities to the Ronin bridge attack in March 2022. The finding comes as Harmony confirmed that its Horizon Bridge, a platform that allows users to move cryptocurrency across different blockchains, had been breached last week.