Cybercriminals stole $2.7 billion in crypto this year, a new record for crypto-stealing hacks, according to blockchain-monitoring firms. Once again, in 2025, there were dozens of crypto heists hitting several cryptocurrency exchanges and other web3 and decentralized finance (DeFi) projects.
The biggest hack by far was the breach at Dubai-based crypto exchange Bybit, where hackers stole around $1.4 billion in crypto. Blockchain analysis firms, as well as the FBI, accused North Korean government hackers — the most prolific group targeting crypto in the last few years — of this massive heist.
Read more…
Source: TechCrunch News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Cascading Shadows: An Attack Chain Approach to Avoid Detection and Complicate Analysis
April 16, 2025
In December 2024, Palo Alto Unit 42 researchers uncovered an attack chain that employs distinct, multi-layered stages to deliver malware like Agent Tesla variants, Remcos RAT or XLoader. Attackers increasingly rely on such complex delivery mechanisms to evade detection, bypass traditional sandboxes, and ensure successful payload delivery and execution. The phishing campaign we analyzed used deceptive ...
- CrazyHunter Campaign Targets Taiwanese Critical Sectors
April 16, 2025
CrazyHunter has quickly emerged as a serious ransomware threat. The group made their introduction in the past month with the opening of their data leak site where they posted ten victims – all located from Taiwan. trend Micro researchers have followed some of their operations through internal monitoring since the start of January and have witnessed ...
- Hi, robot: Half of all internet traffic now automated
April 16, 2025
Traffic from “bad bots”—those created with malicious intent—first surpassed good bot traffic in 2016, Imperva’s research said, and it’s been getting worse. Bad bots comprised 37% of internet traffic in 2024, up from 32% the year prior. Good bots accounted for just 14% of the internet’s traffic. Bad bots do all kinds of unpleasant things. An ...
- Hertz Data Breach Included Credit Card, Personal Data
April 15, 2025
The car-rental company Hertz is warning its customers that a data breach exposed personal information including driver’s licenses, credit-card data, contact information and in some cases social security or passport numbers. The company said that hackers breached Cleo Communications, a company that it works with for file transfers. The company said in a “Notice of Data ...
- Chinese police put 3 U.S. operatives on wanted list over cyberattacks
April 15, 2025
Police authorities in Harbin, in northeast China’s Heilongjiang Province, said on Tuesday that they are pursuing three operatives affiliated with the U.S. National Security Agency (NSA) over suspected cyberattacks against China. The Harbin public security bureau said that the three operatives — Katheryn A. Wilson, Robert J. Snelling, and Stephen W. Johnson — had been ...
- Slow Pisces Targets Developers With Coding Challenges and Introduces New Customized Python Malware
April 14, 2025
Slow Pisces (aka Jade Sleet, TraderTraitor, PUKCHONG) is a North Korean state-sponsored threat group primarily focused on generating revenue for the DPRK regime, typically by targeting large organizations in the cryptocurrency sector. This article analyzes their campaign that we believe is connected to recent cryptocurrency heists. In this campaign, Slow Pisces engaged with cryptocurrency developers on ...