Defraud
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Tracking the stories that matter across crypto and online security.

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🚨 42DAO EXPLOITED FOR $762K!

An attacker exploited a vulnerability in 42DAO, allowing them to withdraw funds and cash out around $762,000 before the issue was detected.

The exploit is still ongoing, with the protocol estimated to be left with millions of dollars worth of bad debt.

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πŸ‘€ QR CODE LETTER SCAM STEALS $1.5 MILLION

Australian Police have warned of a sophisticated phishing scam after victims lost more than $1.47 million in early July. Fraudsters are mailing personalised letters containing QR codes that direct victims to fake cryptocurrency websites.

Once scanned, the sites trick victims into revealing their wallet recovery phrases or approving malicious transactions, allowing attackers to drain their crypto wallets.

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⚠️ AFX TRADE HIT BY $24.2 MILLION HACK

Attackers stole approximately $24.2 million USDC from AFX Trade after compromising the platform’s bridge, before moving the funds to Ethereum and swapping them for more than 12,400 ETH.

Bridge operations have since been paused while the stolen funds continue to be tracked.

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🚨 LIEN FINANCE HIT BY $542K EXPLOIT

An attacker manipulated Lien Finance's pricing system, allowing them to exchange worthless assets for approximately $542,000 USDC before draining the protocol.

The exploit targeted Lien Finance's OTC trading pools on Ethereum. The stolen funds remain in the attacker's wallet.

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🚨 EUROPOL TARGETS THE COM IN MAJOR ONLINE CRACKDOWN

Europol has flagged more than 4,300 websites and online pages linked to The Com for removal as part of a coordinated operation involving law enforcement from nine countries.

Authorities say the operation targeted online infrastructure used to spread violent extremist content, recruit members and facilitate cybercrime. The crackdown builds on Project Compass, which has already led to 30 arrests and identified 179 suspects.

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🚨 MORE THAN $9.3M DRAINED FROM TRIPLE-A HOT WALLETS

More than $9.3 million has been drained from wallets linked to crypto payments platform "Triple-A" across Ethereum, TRON, TON and Solana, with the stolen funds being swapped and bridged to Ethereum.

The incident appears to be ongoing, with reports that new deposits are still being drained as they arrive. Triple-A has not yet publicly acknowledged the incident or disabled deposits.

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πŸ‘€ $253 MILLION LOST TO CRYPTO HACKS IN JUST 90 DAYS

More than $253 million has been lost to crypto hacks over the past 90 days, averaging roughly $2.8 million stolen every day.

Of that total, around $179.6 million was stolen from DeFi protocols, while bridge-related hacks accounted for roughly $97.7 million.

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Defraud
🚨 MORE THAN $9.3M DRAINED FROM TRIPLE-A HOT WALLETS More than $9.3 million has been drained from wallets linked to crypto payments platform "Triple-A" across Ethereum, TRON, TON and Solana, with the stolen funds being swapped and bridged to Ethereum. The…
🚨 UPDATE: ANOTHER $1.8M DRAINED FROM TRIPLE-A

More than 31 hours after suspicious outflows were first detected, new deposits linked to Triple-A are reportedly still being drained.

An additional $1.8 million has now been taken across Bitcoin and TRON, bringing the reported total above $11.1 million.

Triple-A has responded by stating: β€œWe confirm that customers’ funds are not impacted.”

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🚨 GARDEN FINANCE HIT BY $450K EXPLOIT

Around $450,000 USDT has been drained from Garden Finance contracts across Ethereum, Base, Arbitrum and BNB Chain.

The exploit appears to be ongoing, with the attacker targeting contracts used to process cross-chain swaps.

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🚨 CRYPTO DAO’S PRO TOKEN EXPLOITED FOR $7.5M

An attacker abused the system used to distribute and rebalance Crypto DAO’s PRO token, repeatedly manipulating its PRO/BSC-USD trading pool on BNB Chain.

Around $7.46 million in stablecoin liquidity was drained through a custom-built attack contract.

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🚨 APPLE SUED AFTER FAKE WALLET APP DRAINS $1.8M IN BITCOIN

Three iPhone users are suing Apple after allegedly losing a combined $1.8 million in Bitcoin through a fake Sparrow Wallet app downloaded from the App Store.

The victims entered their seed phrases into the fraudulent app, allowing scammers to drain their wallets. The real Sparrow Wallet has never released an iPhone app, while its developer reportedly warned Apple about impersonators as early as January 2024.

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🚨 RUSSIA CHARGES PAVEL DUROV WITH AIDING TERRORISM

Russia’s Federal Security Service (FSB) has charged Telegram founder Pavel Durov and placed him on an international wanted list, accusing Telegram of failing to remove channels, chats and bots allegedly used to coordinate sabotage, attacks and cybercrime.

The FSB claims Ukrainian operatives used the dating bot Leo (@leomatchbot) to pose as women, send phishing links and later impersonate Russian authorities to pressure young users into committing arson and attacks. It says 46 Russians aged 12 to 22 have been detained since July 2025.

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🚨 AUSTRALIA SUES TELEGRAM

Australia’s eSafety Commissioner has taken Telegram to Federal Court, accusing the platform of failing to remove videos of terrorist executions and mass shootings after users reported them.

Court documents allege 10 of 12 reported posts remained online, while the accounts responsible were not suspended or blocked. Telegram could be fined up to A$54.6 million, equivalent to around US$38 million.

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🚨 HACKERS REPLACE COPIED CRYPTO ADDRESSES

Advertising giant Adform, whose tracking technology is embedded across many websites, suffered a breach that exposed visitors to a crypto-stealing script.

While an affected website was open, the script could monitor your clipboard and replace copied Bitcoin, Ethereum or TRON addresses with one controlled by the attacker.

You copy the correct address, but seconds later your clipboard holds theirs instead.

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πŸ‘€ $210M LOST TO CRYPTO HACKS IN JULY

The crypto industry suffered 30 major hacks in July, with total losses reaching approximately $210.3 million, up from $75.9 million in June.

The largest incidents included COLDCARD at around $70 million, followed by AFX Trade and Ostium at roughly $24 million each.

The COLDCARD theft was the third-largest crypto hack of 2026 so far, behind the Drift and KelpDAO attacks.

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🚨 BITGO CEO DARES CLAUDE TO STEAL $6M

BitGo CEO Mike Belshe has placed 100 BTC worth around $6.3 million into a wallet and publicly challenged Anthropic’s Claude AI to take it.

The challenge follows Anthropic’s disclosure that Claude models reached the real internet during security tests and gained unauthorised access to systems belonging to three organisations.

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🚨 AI FOUND THE $100M COLDCARD BUG FOR JUST $2

Claude Code reportedly uncovered the same bug behind the COLDCARD thefts in just eight minutes using a single prompt.

A second test used GLM 5.2, a coding-focused AI model, with web access disabled, requiring it to identify the vulnerability directly from the code. It found the same issue in around 20 minutes at an estimated cost of just $2.

Total losses could now be as high as 2,055 BTC, worth around $130 million, showing how cheaply AI can uncover vulnerabilities capable of causing massive damage.

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🚨 THREE MEN CHARGED IN KIDNAPPING PLOT LINKED TO MALONE LAM’S $245M BITCOIN HEIST

Federal prosecutors have revealed charges against Sedric Louis, John Davis and Martel Williams, accusing them of travelling to Connecticut to rob Veer Chetal, who later pleaded guilty over the 2024 social-engineering theft of 4,100 BTC alongside Malone Lam and Jeandiel Serrano.

The trio allegedly stalked Chetal and his parents for two days while carrying air rifles and walkie-talkies, planning to force him to transfer the stolen Bitcoin. They abandoned the plot after fearing they had been caught on security cameras.

Days later, a separate Florida crew carried out the attack, carjacking, beating and briefly kidnapping Chetal’s parents.

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