Last week, an NFT trader named Todd Kramer made a simple plea on Twitter.“I been hacked,” he wrote. “All my apes gone. This just sold please help me.”Kramer was referring to his cache of Bored Ape Yacht Club non-fungible tokenss – now the single most valuable franchise of crypto collectibles. They’ll run you about $276,000, at the cheapest, and Kramer had eight of them, along … [Read more...] about Ape Theft Is an Expensive Way to Learn About Crypto’s Security Philosophy
Theft
After Identity Theft, Salvadorans Now Report Funds Disappearing From Chivo Wallets
After opening a link that referred her to a WhatsApp chat, the scammer asked her to deposit money in her Chivo wallet to recover the funds. Vieytez put in $100, and was asked for more. She put in another $100 and, again, was asked for more. When the account had $400 in it, the scammer took all the money. Source link … [Read more...] about After Identity Theft, Salvadorans Now Report Funds Disappearing From Chivo Wallets
Crypto payments platform ZPAE sues Bittrex for theft after botched listing
Cryptocurrency exchange Bittrex Global is facing a lawsuit for failing to list ZelaaPayAE’s ZPAE token on its platform. The Dubai-based payments platform has sued Bittrex for theft, misconduct, misrepresentation, and misleading after the exchange failed to list their token for over six months.And while the company is yet to receive a refund for the listing that never happened, … [Read more...] about Crypto payments platform ZPAE sues Bittrex for theft after botched listing
“PlugWalkJoe” indicted for $784k cryptocurrency theft scheme
Joseph O’Connor, known in some corners of the internet as PlugWalkJoe, was indicted on an array of charges relating to a May 2019 cryptocurrency exchange hack. During the attack, he is alleged to have absconded with digital assets valued at approximately $784,000.In the criminal scheme, authorities believe O'Connor utilized SIM swap attacks (an artifice of fraud where 2FA phone … [Read more...] about “PlugWalkJoe” indicted for $784k cryptocurrency theft scheme
Poly Network hacker returns less than 1% of the $600M theft
These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum (ETH), Binance Smart Chain, and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens being returned.So far, we have … [Read more...] about Poly Network hacker returns less than 1% of the $600M theft