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Category: blockchain

Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft

Last week’s $1.46 billion Ethereum theft by North Korean-linked Lazarus Group has sent shockwaves through the cybercrime ecosystem, as it has not only joined the ranks of the largest known financial thefts in history but also demonstrated that the group’s skillset is presenting new challenges for defenders.  In the wake of the theft, numerous experts…

Preventing account takeover on centralized cryptocurrency exchanges in 2025

By Kelly Kaoudis and Evan Sultanik This blog post highlights key points from our new white paper Preventing Account Takeovers on Centralized Cryptocurrency Exchanges, which documents ATO-related attack vectors and defenses tailored to CEXes. Imagine trying to log in to your centralized cryptocurrency exchange (CEX) account and your password and username just… don’t work. You…

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…

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