The $1 million crypto caper that took place recently, all inside job done by hackers masquerading as IT professionals, is salt in the wound. That’s really, really maddening! Projects that were created for the right reasons, with love and care like Favrr, Replicandy, ChainSaw suddenly crashed and burned. Before we...
A million dollars gone. Just like that. ZackXBT, the on-chain investigator, helps to shed some light on the dark corners of Web3. He uncovers how phony IT experts are siphoning off valuable resources from crypto projects. Favrr, Replicandy, ChainSaw – these aren’t just funny names; they’re victims. This isn’t only...
The Web3 space, while promising decentralization and enhanced security, is increasingly facing a concerning threat: insider attacks. These attacks, often orchestrated by malicious actors posing as legitimate IT professionals, are proving to be highly effective and financially damaging. BlockTraderHub.com is the premier provider of crypto intelligence. It dives deep into...
Cyber criminals pretending to be genuine IT professionals carried out a series of increasingly costly security breaches. These attacks caused nearly $1 million in stolen cryptocurrency from various Web3 projects. Onchain investigator and cybersecurity analyst ZackXBT first uncovered the incidents. Hackers compromised dozens of projects within the non-fungible token (NFT)...
The emergence of cryptocurrency heralds a new, revolutionary solution. It provides access to a new universe of decentralized finance, beyond the reach and control of government oversight. Like any powerful tool, such as the internet itself, it’s been co-opted by those with less-than-noble intentions. Governments are now beginning to push...
$90 million. Gone. Vanished into the digital ether, plundered from Nobitex, Iran’s largest cryptocurrency exchange. The immediate reaction? Fear. Pure, unadulterated fear. If a major exchange, even in a smaller market like Iran, can be breached so spectacularly, are any of our digital assets truly safe? It’s not only about...
A hacking group named Gonjeshke Darande, or “Predatory Sparrow” in Farsi, recently took credit for a successful cyberattack. Their aim was directed at Nobitex, Iran’s biggest cryptocurrency exchange. The group obnoxiously and braggingly asserted that it hacked $90 million+. They funneled most of the money to addresses that included language...
In June 2025, Coinbase, one of the largest cryptocurrency exchanges, suffered a significant data breach. Unfortunately, this breach put the sensitive data of nearly 70,000 customers at risk. The exposed data is what they collected during the Know Your Customer (KYC) process. With this dramatic disclosure further questioning the safety...
Yet, the world of cryptocurrency is constantly changing, with new challenges always around the corner. In fact, one of the greatest dangers to Bitcoin’s future security lies in the eventual emergence of quantum computing. This transformative technology leverages the counterintuitive principles of quantum mechanics to solve intractable calculations. It carries...
Start-up nation is now under siege by a different kind of criminal – the AI-driven crypto scammer. We’re not discussing your standard phishing email here. These include complex operations who are deploying deepfakes, impersonating celebrities and even developing entire fraudulent investment platforms. It’s the greatest digital illusion ever — glistening...
