Web3 Hacks

terra Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin and LUNA cryptocurrency, has officially launched its Crypto Loss Claims Portal.

Terraform Labs Opens Crypto Loss Claims Portal for Terra Collapse Victims

zoth Zoth, a decentralized finance (DeFi) protocol focused on restaking real-world assets, has suffered a major security breach that led to losses exceeding $8.4 million.

TZoth DeFi Exploit Leads to $8.4M Loss, Sparks New Warnings Over Admin Key Risks

bitcoin 1 The New York State Assembly is reviewing a proposed bill, A06515, to strengthen legal action against cryptocurrency fraud. Introduced by Assemblymember Clyde Vanel on March 5, the bill seeks to criminalize fraudulent activities, including rug pulls, private key fraud, and failure to disclose financial interests in digital assets.

New York Bill Targets Crypto Fraud and Rug Pulls

fbi US authorities are working to return $8.2 million in cryptocurrency seized from three fraudulent accounts linked to a scam that targeted unsuspecting victims through fake investment schemes.

FBI Seeks to Return $8.2M Seized Crypto Funds to Scam Victims

Ben Zhou Bybit CEO Ben Zhou announced that the exchange has fully recovered its Ethereum (ETH) reserves following a massive $1.5 billion exploit on February 21. He confirmed that a new audited Proof of Reserves (POR) report will soon be released to prove that client assets are once again backed 1:1.

Bybit Closes $1.5 Billion Gap After Major Crypto Hack

sec The U.S. Securities and Exchange Commission (SEC) has announced the formation of the Cyber and Emerging Technologies Unit (CETU) to address fraud and cyber-related crimes within the blockchain industry. T

SEC Forms Cyber Unit to Tackle Blockchain Fraud and Cybercrime

scam estonians The U.S. Department of Justice (DOJ) announced that two Estonian nationals, Sergei Potapenko and Ivan Turõgin, have pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme.

Two Estonians Plead Guilty in $577M Crypto Fraud Case

hackers Hackers took control of the Saudi Law Conference’s official X account, using it to impersonate Saudi Crown Prince Mohammed bin Salman and promote fake cryptocurrencies. The cybercriminals falsely advertised an "Official Saudi Arabia Memecoin" and a "FALCON Memecoin," directing users to contract addresses linked to these fraudulent tokens.

Hackers Impersonate Saudi Crown Prince to Promote Fake Memecoins

coinbase According to a recent investigation by blockchain investigator ZachXBT and Tanuki42 from Web3 security platform zeroShadow, Coinbase users have suffered substantial financial losses due to social engineering scams.

Coinbase Scam Epidemic Leads to Massive User Losses

crypto hack The cryptocurrency sector faced $74 million in losses due to hacks in January, signaling a 45% decrease from the previous year's $133 million during the same period.

January Sees $74M in Crypto Hacks, CeFi Hit Hardest