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Threat actors stole $763.9 million across 67 incidents in Q2 2026, making it the most severe period for Web3 security since Q2 2025. Breaches in audited protocols highlighted an industry…
Crypto token memecore plummeted 76% in a single day, dropping from $2.64 to $0.50 before a minor rebound to $0.80. The crash wiped out nearly $3 billion in value, reducing…
A federal judge this week entered a $4.72 billion judgment against Alex Mashinsky, the founder and former CEO of collapsed crypto lending platform Celsius Network, while permanently banning him from…
The U.S. Department of Justice has launched a compensation process for victims of the $4 billion Onecoin fraud. More than $40 million in recovered assets will be distributed to eligible…
Bitcoin Magazine U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto John Daghita, an alleged U.S. government contractor accused of stealing more than $46 million in…
A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was also ordered to forfeit $7.5 million…
Bitcoin Magazine FTX-Fraudster Caroline Ellison Set for Release From Federal Custody After Serving Reduced Sentence Caroline Ellison, the former co-CEO of Alameda Research and a central figure in the collapse…
In 2025, Web3 fraud surged to $15.87 billion, far surpassing the $2.5 billion plus lost to traditional hacks. Unlike isolated breaches, losses were spread across millions of transactions, reflecting the…
A trader lost nearly $50 million in USDT after falling victim to an “address poisoning” scam. The attacker spoofed a wallet address that looked identical to the victim’s, tricking him…
Authorities allege a sweeping crypto phishing operation that drained nearly $16 million from Coinbase users nationwide, underscoring how social engineering scams exploit trust, move funds across blockchains, and trigger aggressive…