Aug 24, 2026 | Cryptocurrency Theft, DeFi, Fraud, Scam, Security
What happened? Between late July and early August 2026, the cryptocurrency ecosystem observed one of the most significant hardware wallet exploits to date. On-chain analysis indicates that over 1,816 BTC; valued at approximately $116 million was drained from over...
May 16, 2025 | Cryptocurrency exchanges, Cryptocurrency Theft, Fraud, Security
There has been a noticeable uptick in the number of sophisticated and targeted Coinbase phishing attacks that employ social engineering against Coinbase users in recent months resulting in losses into the hundreds of millions of dollars. These phishing attacks are...
Jan 2, 2024 | Cryptocurrency Theft, Fraud, Hacking, Security
The methods by which cryptocurrency is stolen by hackers and fraudsters change as cryptocurrency users become more aware of how cryptocurrency thefts happen. We thus thought it would be helpful to outline the most common ways that cryptocurrency is being stolen in...
Sep 22, 2022 | Compliance, Cryptocurrency Theft, Money Laundering
Last month the US Treasury placed sanctions on cryptocurrency mixer Tornado cash causing a considerable amount of pushback and questions about the suitability and legality of sanctions on Tornado cash. The sanctions on Tornado cash follow an increasing amount of...
Jun 12, 2020 | Cryptocurrency Theft, Hacking, Security
When a hacker is able to obtain access to a user’s cryptocurrency account, 99.9% of the time it’s due to a breach of user’s seed phrase. But the seed phrase can be breached in a variety of ways, allowing a hacker to steal cryptocurrency, and there are different attack...
May 29, 2020 | Cryptocurrency Theft, Hacking
Nowadays, the percentage of Bitcoin transactions that involve criminal activity has declined considerably compared to what it once was. Today, a relatively small number of Bitcoin transactions are related to crime, even though many (uneducated) pundits and politicians...
