Trezor and Ledger users targeted by scammers, fake official letters used to conduct seed phrase phishing

Russian Hacker Jailed for 81 Months Over $9M Ransomware Attacks

Aleksei Volkov, a Russian citizen, was sentenced to 81 months in U.S. prison for aiding ransomware attacks exceeding $9 million in losses. As an "initial access broker," he sold unauthorized network access. He owes $9.2 million in restitution and must forfeit crime-related equipment.

Resolv Hack Mints $80M Fake USR, Triggers Market Chaos

A security breach at Resolv Labs allowed attackers to mint 80 million uncollateralized USR stablecoins, causing a price collapse and market instability. Resolv paused contracts, burned illicit tokens, and confirmed $141 million in secure collateral.

Hacked for $110 Million as the Final Straw! DeFi Protocol Balancer's Development Company to Cease Operations

Trading Protocol Balancer Faces Major Turning Point, Founder Announces Balancer Labs Will Cease Operations, Protocol to Continue in Streamlined Form. This decision stems from security vulnerabilities and legal risks, with the current operational model becoming unsustainable. Despite significant TVL decline, Balancer still generates over $1 million in annualized fee revenue. The team has proposed an aggressive restructuring plan that includes token buybacks, revenue structure reforms, and focuses on five core product lines. Following the transformation, the team will concentrate on enhancing the protocol's competitiveness.

Venus Flash Loan Attacker Transferred 1743 ETH to New Address 50 Minutes Ago

According to analyst monitoring, the flash loan attacker on the Venus platform transferred 1743 ETH, with the address holdings reaching 7450 ETH, and funds being used for Aave yield farming. Venus has experienced multiple security incidents since 2021, with losses exceeding $270 million.

Stablecoin USR Suddenly Crashes and Depegs! Resolv Reveals "Minting Vulnerability" Exploited by Hackers, Who Steal $25 Million

DeFi protocol Resolv suffered an attack on March 22, where hackers minted 80 million stablecoins USR at low cost and cashed out approximately $25 million, causing USR to depeg and triggering market volatility. The attack stemmed from a lack of security measures on the protocol's privileged accounts, impacting overall liquidity and affecting the lending market. Resolv subsequently suspended the protocol and emphasized that collateral pools remained unaffected, but experts believe the hidden losses caused by the incident are significant.

Husband accuses wife of stealing over 2,000 bitcoins! Judge: The plaintiff has a very high chance of winning.

The UK High Court is hearing a Bitcoin theft case in which the plaintiff alleges his estranged wife secretly stole 2,323 Bitcoin in 2023. In the case, the plaintiff used audio evidence to prove that the defendant and her sister planned to transfer the Bitcoin. The judge found a high probability of the plaintiff prevailing and ordered asset freezing while dismissing some claims, recommending expedited trial proceedings.