Pierluigi Paganini
September 08, 2026
Crypto exchange network Liquid Network lost $320 million overnight, then got most of it back after the hackers demanded a bug fix instead of a ransom Bitcoin’s Liquid Network, a sidechain built by Blockstream and used by dozens of exchanges to move funds faster and more privately than the main Bitcoin blockchain allows, got drained […]
Pierluigi Paganini
April 17, 2026
Grinex halted operations after a $13.7M hack, blaming Western intelligence. Stolen funds came from wallets of Russian users on the platform. Kyrgyz crypto exchange Grinex halted operations after a threat actor stole $13.7 million in a cyber attack that the company attributes to Western intelligence agencies. The stolen funds belonged to Russian users, as the […]
Pierluigi Paganini
December 02, 2025
Authorities seized $29M in Bitcoin after takedown of Cryptomixer, a service used to launder cybercrime proceeds. Europol announced the seizure of $29M in Bitcoin after shutting down Cryptomixer, a crypto-mixing service used for cybercrime and money laundering. The Europol reported that since its creation in 2016, Cryptomixer mixed over EUR 1.3 billion in Bitcoin. The […]
Pierluigi Paganini
November 12, 2025
“Bitcoin Queen” Zhimin Qian gets 11 years in London for laundering $7.3B from a crypto scam that defrauded 128K victims in China. A British court sentenced a Chinese woman, Zhimin Qian (47), also known as the “Bitcoin Queen,” to 11 years and eight months in jail for laundering $7.3B from a crypto scam that defrauded 128K […]
Pierluigi Paganini
September 30, 2025
A Chinese national was convicted in the UK for crypto fraud as police seized £5.5B (61,000 Bitcoin), the world’s largest cryptocurrency seizure. UK authorities raided the London home of Chinese national Zhimin Qian (47), also known as Yadi Zhang, and confiscated £5.5 billion (about $7.39 billion) in cryptocurrency, totaling 61,000 Bitcoin. Police described it as […]
Pierluigi Paganini
January 27, 2025
Crooks stole at least $69 million from Singapore-based cryptocurrency platform Phemex in an alleged cyberattack. Singapore-based crypto platform Phemex paused operations after a cyberattack that resulted in the theft of $69M. Phemex CEO Federico Variola stated they are restoring withdrawals and temporarily manually reviewing all requests. On Thursday, researchers at the blockchain security firm PeckShield noticed […]
Pierluigi Paganini
December 12, 2024
US Bitcoin ATM operator Byte Federal suffered a data breach impacting 58,000 customers, attackers gained unauthorized access to a server via GitLab flaw. US Bitcoin ATM operator Byte Federal disclosed a data breach after threat actors gained unauthorized access to a company server by exploiting a GitLab vulnerability. Byte Federal is a company specializing in […]
Pierluigi Paganini
December 03, 2024
The Japanese cryptocurrency platform DMM Bitcoin is closing its operations just six months after a $300 million cyber heist. DMM Bitcoin is a cryptocurrency exchange based in Japan, operated by DMM Group, a large Japanese e-commerce and entertainment conglomerate. Launched in 2018, the platform allows users to trade various cryptocurrencies, including Bitcoin, Ethereum, and Ripple, […]
Pierluigi Paganini
November 15, 2024
Bitfinex hacker, Ilya Lichtenstein, who stole 1 billion worth of Bitcoins from Bitfinex in 2016, has been sentenced to five years in prison. “Ilya Lichtenstein was sentenced today to five years in prison for his involvement in a money laundering conspiracy arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex, a global […]
Pierluigi Paganini
September 20, 2024
The US DoJ arrested two people and charged them with stealing and laundering more than $230 million worth of cryptocurrency. The U.S. DoJ arrested two people, Malone Lam (20) (aka “Greavys,” “Anne Hathaway,” and “$$$”) and Jeandiel Serrano (21) (aka “Box,” “VersaceGod,” and “@SkidStar”) in Miami and charged them with stealing more than $230 million […]
Artificial Intelligence / September 17, 2026
Hacking / September 17, 2026
