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Theft
NFTs Worth $100M Reported Stolen Over Past Year: Elliptic
Thefts in May 2022 topped the list in in terms of value with 3,473 NFTs worth $23.9 million stolen.
Coinbase Allegedly Failed to Secure User Accounts, Faces Class Action Lawsuit
Coinbase is facing a class action lawsuit after the crypto exchange allegedly failed to properly secure customers’ accounts, leaving it vulnerable to theft and unauthorized transfers. “The Hash” panel breaks down the lawsuit and outlook on investor protection in the crypto sector.
Polygon-Based Web3 Game Dragoma Supporters Fall Victim to $3.5M Rug Pull: PeckShield
The funds have been siphoned out of the project and into centralized exchanges.
$15M of Optimism Tokens Stolen After Wintermute Sent Wrong Wallet Address
The theft, which follows the token’s botched airdrop, sent the token’s price to new lows.
North Korea Used Stolen Crypto to Fund Missile Program: Report
The estimate of $50 million is significantly lower than the $400 million identified by Chainalysis in a report released in January.
Canadian Police Arrest Teen for Allegedly Stealing $36M in Crypto
It is the biggest cryptocurrency theft ever reported in Canada, police said.
Colnago Turns to Blockchain to Counter Bicycle Theft
The bike manufacturer will use blockchain technology to combat theft and counterfeiting on all Colnago frames starting next year.
Bitcoin Miners Worth Over $1.3M Seized, 8 Arrested in Malaysia: Report
The machines were seized in joint operations with Sarawak Energy, the region's electricity company, between February and April.
What Yearn Finance’s ‘Blue Kirby’ Incident Means for Pseudonymity
DeFi investors are reeling from another case of pseudonymous treachery as Yearn.Finance community leader Blue Kirby allegedly absconded with ill-gotten gains.
