🚀 US Judge Dismisses Class-Action Lawsuit Against Atomic Wallet
#AtomicWallet #ClassActionLawsuit #Crypto #JudgeDismissal #EstonianCryptoFirm #KonstantinGladyshev #EvercodeInfinite #CryptoHack #CourtJurisdiction #LegalAction #Cointelegraph #ColoradoCourt #CryptoRegulations
According to Cointelegraph, a United States federal judge has dismissed a class-action lawsuit against Atomic Wallet, citing a lack of jurisdiction over the Estonian crypto firm. The decision was made by Colorado district court judge Philip Brimmer on September 10, affecting Atomic Wallet, its CEO Konstantin Gladyshev, shareholder Pavel Sokolov, and Evercode Infinite, the software development firm behind Atomic Wallet.
The lawsuit was filed in August 2023 by a group of users who had stored cryptocurrencies through Atomic Wallet. This legal action followed a $100 million hack that the wallet provider experienced two months earlier. Judge Brimmer ruled that the contact between Atomic Wallet and Colorado was insufficient to establish the court's jurisdiction over the firm and the other defendants named in the suit.
In November, Atomic Wallet had moved to dismiss the lawsuit, arguing that it had no ties to the United States and that only one of the 21 plaintiffs, Graham Dickinson, was based in Colorado, where the suit was filed. The plaintiffs had contended that Atomic Wallet's advertisements were visible in Colorado on X, its mobile app could be downloaded in the state, and Dickinson had routinely communicated with Atomic Wallet's customer service representatives from his home in Colorado.
Judge Brimmer noted that the nature of Atomic Wallet's products, which are software applications, made it less likely that the firm deliberately targeted the Colorado market. He explained that unlike tangible goods that must be shipped to customers in a specific state, Atomic Wallet's products could reach users without the firm knowing their locations. Despite dismissing the claims, Brimmer allowed the plaintiffs an additional 21 days to explain why a suit against defendant Ilia Brusov, one of the founders of Evercode Infinite and an Atomic Wallet shareholder, should not be dismissed. Brusov owns a 12.8% stake in Atomic Wallet, while Sokolov also holds a 12.8% stake, and Gladyshev owns the remaining 74.4%.#AtomicWallet #ClassActionLawsuit #Crypto #JudgeDismissal #EstonianCryptoFirm #KonstantinGladyshev #EvercodeInfinite #CryptoHack #CourtJurisdiction #LegalAction #Cointelegraph #ColoradoCourt #CryptoRegulations
🚀 Bybit Launches Initiative Against Lazarus Group Amidst Crypto Hack
#Bybit #LazarusGroup #CryptoHack #SecurityBreach #BountyProgram #CryptoSecurity #DigitalAssets #NorthKorea #CyberCrime #FundsRecovery
According to CoinDesk, cryptocurrency exchange Bybit has initiated a campaign against the notorious Lazarus Group following a significant security breach. The exchange has introduced a new website aimed at tracking the group's wallet addresses, encouraging public participation in the investigation. Bybit is offering a 5% reward for any submissions that lead to the freezing of funds.
Bybit's CEO, Ben Zhou, announced this "war against Lazarus" through a social media post, highlighting the launch of what he described as the first bounty site providing full transparency on the sanctioned group's money laundering activities. Zhou emphasized that users can connect their wallets to the website to assist in tracing the stolen funds. He assured that a bounty would be paid immediately once assets are frozen.
Zhou further stated that a dedicated team has been assigned to maintain and update the website, with a commitment to continue efforts until the Lazarus Group and other malicious actors are eradicated from the industry. He also mentioned plans to extend the platform's use to other victims of the Lazarus Group in the future.
Currently, the website is tracking 6,338 addresses linked to the Lazarus Group, with approximately $42.3 million already frozen, representing just over 3% of the stolen assets. The hack, which occurred on Friday, resulted in nearly $1.5 billion being stolen from Bybit, causing a significant impact on the crypto market and leading to a decline in digital asset prices. The attack, attributed to North Korea's Lazarus Group, has been labeled as the largest crypto theft to date.#Bybit #LazarusGroup #CryptoHack #SecurityBreach #BountyProgram #CryptoSecurity #DigitalAssets #NorthKorea #CyberCrime #FundsRecovery
🚀 🔥 AIXBT Hack: Hacker Exploits AI Crypto Bot AIXBT, Steals 55 ETH in Security Breach 🔥
#AIXBT #CryptoHack #ETH #SecurityBreach #CryptoBot #AI #DeFi #CryptoTrading #BlockchainSecurity #MarketImpact #AIInnovation #Cryptocurrency
An attacker has breached the dashboard of AI-powered crypto bot AIXBT, executing two unauthorized transactions that drained 55.5 ETH (worth $106,200) from its wallet. This incident has raised concerns about the security of AI-driven crypto trading platforms.Key Details of the Hack:The breach occurred on March 18 at 1:58 AM UTC.The hacker accessed AIXBT’s dashboard and triggered two transfers totaling 55.5 ETH.AIXBT’s core systems remained unaffected, according to its maintainer, "rxbt".Immediate security measures taken:Server migration and key swapsDashboard access paused for security upgradesHacker addresses reported to exchangesMarket Impact & AI Crypto Security ConcernsThe AIXBT token (AIXBT) on Ethereum’s Base layer-2 network dropped 15.5% to $0.09 following the attack.Experts warn that AI-powered crypto bots like AIXBT, ai16z, and Truth Terminal need stronger security frameworks to prevent future breaches.Decentralized AI researcher "S4mmy" emphasized the need for battle-testing AI agents managing crypto funds to prevent future exploits.The Future of AI in Crypto TradingDespite security concerns, industry experts believe that AI-driven crypto trading bots have long-term potential.Spencer Farrar, partner at Theory Ventures, stated that the space is in an experimental phase but could evolve into a major innovation.The market capitalization of AI agent-related tokens currently stands at $4.2 billion, according to CoinGecko.As decentralized finance (DeFi) platforms continue integrating AI-powered trading solutions, strengthening security measures will be crucial to protect users and assets from similar attacks, according to Cointelegraph.#AIXBT #CryptoHack #ETH #SecurityBreach #CryptoBot #AI #DeFi #CryptoTrading #BlockchainSecurity #MarketImpact #AIInnovation #Cryptocurrency
🚀 Fake Meme Coin Plummets After Hack on Sheffield United's Twitter
#FakeMemeCoin #SheffieldUnited #CryptoHack #MarketCrash #AssetSecurity
According to BlockBeats, a fake meme coin issued through a hack on Sheffield United's official Twitter account saw its market value drop by over 80% within 20 minutes, falling to $150,000. The coin's market capitalization had previously reached a peak of $939,000. BlockBeats advises users to avoid interacting with the coin and to prioritize asset security.#FakeMemeCoin #SheffieldUnited #CryptoHack #MarketCrash #AssetSecurity
🚀 Cetus Protocol Suffers Major Hack on Sui Network
#CetusProtocol #SuiNetwork #BlockchainSecurity #CryptoHack #LiquidityProtocol #OnChainData #CETUS #SUI
According to BlockBeats, on-chain data reveals that the Cetus Protocol, a liquidity protocol on the Sui network, has experienced a significant security breach. Hackers have reportedly stolen assets exceeding $150 million. The incident highlights ongoing security challenges within blockchain networks.#CetusProtocol #SuiNetwork #BlockchainSecurity #CryptoHack #LiquidityProtocol #OnChainData #CETUS #SUI
🚀 Whale Investor Opens Large SUI Position Following Cetus DEX Hack
#WhaleInvestor #SUI #CetusDEX #CryptoHack #JamesWynn #LongPosition #TokenInvestment #OnChainAnalysis
According to Odaily, on-chain analyst Yu Jin reported that after a hacker attack on Cetus DEX led to a slight drop in SUI prices, a major investor known as James Wynn established a significant long position in SUI. Utilizing a 10x leverage, Wynn opened a position of 3.3 million SUI tokens, valued at approximately $13.22 million, with an average entry price of $4.01 per token.#WhaleInvestor #SUI #CetusDEX #CryptoHack #JamesWynn #LongPosition #TokenInvestment #OnChainAnalysis
🚀 Nemo Protocol Suffers $2.4 Million Loss in Sui Network Hack
#NemoProtocol #SuiNetwork #CryptoHack #DeFi #USDC #Arbitrum #Ethereum #Circle #Bridging #Security #Loss #ETH #ARB
According to PANews, the Nemo Protocol on the Sui Network has been targeted by hackers, resulting in a loss of approximately $2.4 million. The attackers transferred USDC from Arbitrum to Ethereum using Circle's bridging service.#NemoProtocol #SuiNetwork #CryptoHack #DeFi #USDC #Arbitrum #Ethereum #Circle #Bridging #Security #Loss #ETH #ARB
🚀 Abracadabra Money Suffers $1.7 Million Loss in Hack
#AbracadabraMoney #hack #cyberattack #loss #TornadoCash #cryptohack #blockchain #crypto #securitybreach
According to PANews, Abracadabra Money has been targeted in a hacking incident, resulting in a loss of approximately $1.7 million. The attack was carried out by an entity using the address 0x1aaade3e9062d124b7deb0ed6ddc7055efa7354d, with the exploit contract identified as 0xb8e0a4758df2954063ca4ba3d094f2d6eda9b993. The stolen funds have been transferred to Tornado Cash.#AbracadabraMoney #hack #cyberattack #loss #TornadoCash #cryptohack #blockchain #crypto #securitybreach
🚀 Port3 Network Addresses Recent Hack and Plans Next Steps
#Port3Network #hack #AIagent #PORT3tokens #cryptohack #liquiditywithdrawal #cryptocurrency #securityincident #ForesightNews #tokenexploit
According to Foresight News, AI intelligent agent Port3 Network has announced that the details of a recent hacking incident have been fully uncovered. The team is currently developing a plan to address the situation and will soon release information on the next steps.
Earlier reports from Foresight News indicated that Port3 was exploited by hackers this morning, leading to the unauthorized issuance of 1 billion PORT3 tokens. Following the incident, the project team withdrew liquidity, and the hackers destroyed approximately 830 million PORT3 tokens, valued at around $6.88 million.#Port3Network #hack #AIagent #PORT3tokens #cryptohack #liquiditywithdrawal #cryptocurrency #securityincident #ForesightNews #tokenexploit
🚀 Crypto Theft Results in $27 Million Loss for User Babur
#CryptoTheft #Solana #Ethereum #MalwareAttack #PrivateKeys #CrossChainTransfer #BlockchainSecurity #CryptoLoss #MultiSignatureWallet #CyberSecurity #CryptoHack #SOL #ETH
According to ChainCatcher, a significant crypto theft has resulted in the loss of $27 million for a user named Babur. The stolen assets were primarily linked to two addresses: a Solana address, 91xu, and an Ethereum Safe multi-signature address, 0xD2. The largest two transactions from these addresses amounted to over $18 million.
The hacker's addresses are identified as 71fM on Solana and 0x4f on Ethereum, with some funds already transferred cross-chain to the Ethereum network. The incident is suspected to have been caused by malware on the user's computer, leading to the exposure of private keys. It is believed that the user inadvertently executed a malicious file, resulting in the compromise of private keys, including those for the Safe multi-signature wallet, which may have been stored on the infected computer.#CryptoTheft #Solana #Ethereum #MalwareAttack #PrivateKeys #CrossChainTransfer #BlockchainSecurity #CryptoLoss #MultiSignatureWallet #CyberSecurity #CryptoHack #SOL #ETH
🚀 FTC Proposes Settlement with Nomad Crypto Bridge Operator Over Security Breach
#FTC #NomadCryptoBridge #SecurityBreach #IllusorySystems #CryptoHack #Ethereum #USDC #DAI #WBTC #Cybersecurity #FTCSettlement #CodeVulnerability #CryptoTheft #InformationSecurity #ETH
According to ChainCatcher, the U.S. Federal Trade Commission (FTC) announced on Tuesday a proposed settlement with Illusory Systems, the operator of the Nomad crypto bridge, following a hacking incident that resulted in the theft of nearly all platform funds.
The FTC's complaint states that Illusory Systems introduced a critical vulnerability during a code update in June 2022, which hackers exploited starting August 1, leading to the theft of approximately $186 million in Ethereum, USDC, DAI, and WBTC assets. Users suffered losses exceeding $100 million. The FTC accuses Nomad of failing to adequately test its code, maintain clear vulnerability reporting and incident response processes, and deploy basic security measures to limit user losses, despite claiming to be a "security-first" platform.
Under the proposed settlement, Illusory Systems will be prohibited from misrepresenting its security practices, required to implement a formal information security program, undergo independent security assessments every two years, and return any recovered funds to affected users that have not yet been reimbursed. Following the hack, Nomad managed to recover only $22 million of the stolen funds.#FTC #NomadCryptoBridge #SecurityBreach #IllusorySystems #CryptoHack #Ethereum #USDC #DAI #WBTC #Cybersecurity #FTCSettlement #CodeVulnerability #CryptoTheft #InformationSecurity #ETH
🚀 Unleash Protocol Experiences Unauthorized Fund Loss
#UnleashProtocol #FundLoss #CryptoHack #Ethereum #TornadoCash #DeFiSecurity #Blockchain #ETH
According to ChainCatcher, PeckShieldAlert has reported an unauthorized fund loss on Story Protocol's Unleash Protocol, amounting to approximately $3.9 million. The attacker transferred the stolen funds across chains to the Ethereum network and deposited 1337.1 ETH into the Tornado Cash protocol.#UnleashProtocol #FundLoss #CryptoHack #Ethereum #TornadoCash #DeFiSecurity #Blockchain #ETH
🚀 Saga Halts EVM Blockchain After $7 Million Hack
#Saga #EVMBlockchain #hack #DeFi #cryptohack #smartcontract #privatekey #bridges #swaps #cryptotheft #2026 #SAGA
Saga has suspended its EVM blockchain operations following a hacking incident that led to losses of nearly $7 million. According to NS3.AI, the attacker exploited vulnerabilities possibly linked to private key compromise or smart contract abuse, laundering the stolen funds through various bridges and swaps. This event is part of a recent increase in hacks targeting DeFi platforms, which have resulted in over $30 million in thefts since the start of 2026.#Saga #EVMBlockchain #hack #DeFi #cryptohack #smartcontract #privatekey #bridges #swaps #cryptotheft #2026 #SAGA
🚀 Canadian Fugitive Accused of $65 Million Crypto Theft
#CanadianFugitive #CryptoTheft #CryptoHack #IndexedFinance #KyberSwap #TornadoCash #MoneyLaundering #Serbia #Bosnia #Extradition #Fugitive #Cryptocurrency
A 21-year-old Canadian fugitive, Andean Medjedovic, is accused of stealing $65 million in assets from Indexed Finance and KyberSwap through hacking. According to Foresight News, Medjedovic was arrested in Belgrade, Serbia, in August 2024, but was released after a Serbian court denied the Netherlands' extradition request. He is believed to be hiding in Bosnia.
Investigations reveal that Medjedovic used his skills in mathematics and programming to attack Indexed Finance at the age of 18, profiting $16.5 million. He later targeted KyberSwap in 2023, gaining $48 million. Medjedovic allegedly used a fake Slovak passport and traveled across countries including Brazil, Dubai, and Spain. The U.S. Department of Justice accuses him of laundering money through mixers like Tornado Cash.
Despite facing arrest warrants from multiple countries, Medjedovic has denied all charges in previous court statements, claiming he continues to earn $100,000 monthly as a freelance cryptocurrency professional.#CanadianFugitive #CryptoTheft #CryptoHack #IndexedFinance #KyberSwap #TornadoCash #MoneyLaundering #Serbia #Bosnia #Extradition #Fugitive #Cryptocurrency
🚀 Solv Protocol Hack: BRO Vault Exploit Leads to $2.7M Loss of 38 SolvBTC
#SolvProtocol #BROVault #CryptoHack #SolvBTC #DeFiSecurity #SmartContractExploit #CryptoLoss #WhiteHatBounty #UserCompensation #DeFi #BTC
Key takeawaysSolv Protocol confirmed a limited exploit affecting its BRO vault.The attack resulted in the loss of 38.0474 SolvBTC, worth about $2.7 million.Fewer than 10 users were affected, while other vaults and funds remain secure.The protocol pledged full compensation for impacted users and offered a 10% white-hat bounty for the return of funds.Solv Protocol Confirms Limited BRO Vault ExploitSolv Protocol announced that a vulnerability exploit targeting its BRO vault led to the loss of 38.0474 SolvBTC, valued at approximately $2.7 million.According to the project’s official update, the incident affected fewer than 10 users, while all other vaults and protocol funds remained secure.The team stated that the vulnerability has been addressed and additional safeguards have been implemented to prevent similar incidents.Protocol Pledges Full User CompensationThe protocol confirmed that it will fully cover losses for all affected users, ensuring that no participants suffer permanent financial damage from the exploit.Solv Protocol emphasized that the issue was isolated to the BRO vault and did not impact other products or user assets across the platform.10% White-Hat Bounty Offered for Asset ReturnIn an effort to recover the stolen funds, Solv Protocol has offered the attacker a 10% white-hat reward if the assets are returned promptly.The team invited the attacker to establish contact through:Direct communication with the protocol teamOn-chain messaging to a designated wallet addressWhite-hat bounty offers are commonly used in the crypto industry to encourage attackers to return stolen funds in exchange for a negotiated reward.Security Measures Strengthened After IncidentFollowing the exploit, Solv Protocol said it has implemented additional security measures and safeguards to protect the protocol from future vulnerabilities.The incident highlights ongoing security risks in decentralized finance, where smart contract vulnerabilities can expose protocols to targeted attacks, even when overall platform funds remain largely secure.#SolvProtocol #BROVault #CryptoHack #SolvBTC #DeFiSecurity #SmartContractExploit #CryptoLoss #WhiteHatBounty #UserCompensation #DeFi #BTC
🚀 UXLINK Attacker Converts 5,496 ETH to 11 Million DAI Following September Hack
#UXLINK #ETH #DAI #CryptoHack #CryptoAttack #BlockchainSecurity #CryptoLoss #MultiSigWallet #NS3AI #SeptemberHack
The UXLINK attacker has converted 5,496 ETH into approximately 11 million DAI. According to NS3.AI, this transaction is connected to the UXLINK hack that occurred on September 22, 2025, which was caused by a compromised multi-signature wallet. The attack led to losses surpassing $44 million.#UXLINK #ETH #DAI #CryptoHack #CryptoAttack #BlockchainSecurity #CryptoLoss #MultiSigWallet #NS3AI #SeptemberHack
🚀 Resolve Hacked for 80 Million USR Tokens
#Resolve #Hacked #USRtokens #Stablecoin #Cryptocurrency #Ethereum #CryptoSecurity #CryptoHack #Blockchain #CryptoNews #ETH #USDC
Foresight News posted on X (formerly Twitter). Stablecoin project Resolve has reportedly been hacked, resulting in the unauthorized creation of 80 million USR tokens. According to monitoring by @ai_9684xtpa, the attack began two hours ago when the hacker used 100,000 USDC to mint 50 million USR tokens. The situation remains uncontrolled as the attacker has since minted an additional 30 million USR tokens using another 100,000 USDC.
The hacker has utilized the newly minted USR tokens to purchase Ethereum, acquiring nearly 9,000 ETH valued at approximately $20 million. Of these, 5,500 ETH have been transferred to a new address. The incident highlights ongoing security vulnerabilities within the cryptocurrency sector.#Resolve #Hacked #USRtokens #Stablecoin #Cryptocurrency #Ethereum #CryptoSecurity #CryptoHack #Blockchain #CryptoNews #ETH #USDC
🚀 Crypto Hack Losses Surge to $52 Million in March
#CryptoHack #Cryptocurrency #CyberSecurity #CryptoLoss #Blockchain #CryptoNews #CryptoTheft
According to NS3.AI, PeckShield reported that losses from cryptocurrency hacks reached $52 million in March, marking a 96% increase compared to February. The most significant incident involved a $25 million loss related to the ResolvLabs USR depegging event.#CryptoHack #Cryptocurrency #CyberSecurity #CryptoLoss #Blockchain #CryptoNews #CryptoTheft
🚀 Project 0 Resumes Operations After Drift Protocol Hack
#Project0 #DeFi #DriftProtocol #CryptoHack #LendingProtocol #USDC #SOL #USDT #BTC #ETH #WIF #BONK #GovernanceTokens #CryptoNews #Blockchain #Deleveraging #CreditPool
Decentralized lending protocol Project 0 has announced the resumption of its operations. According to Foresight News, the platform had previously halted activities and initiated a deleveraging process following a hack on the Drift protocol. Project 0 reported that the remaining socialized loss amounts to approximately $1.9147 million, which will be distributed across the credit pool, resulting in an average asset write-down of 2.61% for lenders.
The write-down percentages vary by asset risk level, with USDC, SOL, and USDT experiencing a 1% reduction, mainstream assets like BTC and ETH seeing a 2.61% decrease, and WIF, BONK, and governance tokens facing a 6.62% reduction. Project 0 noted that as Drift assets are gradually unlocked and returned to affected users, the actual loss will be less than the stated baseline figures.
Previously, Project 0 co-founder MacBrennan explained that the protocol employs a unified credit pool to enable cross-protocol margin functionality, which is a core mechanism of P0. However, some community members expressed dissatisfaction, stating that they were impacted despite not directly participating in Drift lending.#Project0 #DeFi #DriftProtocol #CryptoHack #LendingProtocol #USDC #SOL #USDT #BTC #ETH #WIF #BONK #GovernanceTokens #CryptoNews #Blockchain #Deleveraging #CreditPool
🚀 Polymarket Predicts High Probability of Major Crypto Hack by Year-End
#Polymarket #cryptohack #cryptocurrency #decentralizedexchanges #lendingprotocols #blockchainsecurity #cyberattack #cryptoloss
The probability of another cryptocurrency hack resulting in losses exceeding $100 million by December 31 is currently estimated at 57% on Polymarket. According to Foresight News, this prediction includes potential attacks on decentralized exchanges and lending protocols.#Polymarket #cryptohack #cryptocurrency #decentralizedexchanges #lendingprotocols #blockchainsecurity #cyberattack #cryptoloss