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#crypto theft

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ZachXBT Names French Bank Crédit Mutuel Arkéa as Suspected Victim of $133M Crypto Theft
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ZachXBT Names French Bank Crédit Mutuel Arkéa as Suspected Victim of $133M Crypto Theft

Key Highlights: Blockchain analytics firm Bitquery detected $108.8 million in USDC drained from Kraken, Crypto.com, and OKX accounts across a 21-hour window on November 1 and 2. Perpetrators routed the stolen assets through hundreds of intermediary wallets, converting significant portions into ether (ETH) to prevent centralized blacklisting. Crypto.com confirmed it blocked connected transactions, assuring users ...

Mysterious $106 Million Crypto Theft in Europe Converted to Monero
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Mysterious $106 Million Crypto Theft in Europe Converted to Monero

Key Highlights On-chain investigator ZachXBT has flagged 11 wallet addresses tied to a suspected exploit resulting in an estimated $106 million in stolen crypto assets. Differences in laundering patterns—specifically involving assets such as Ethereum and privacy coin Monero alongside centralized stablecoins—suggest the incident was not executed by North Korea’s Lazarus Group. Neither the affected organization ...

Stolen iPhone and $14,000 Loss Highlight London’s Growing Crypto Theft Problem
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Stolen iPhone and $14,000 Loss Highlight London’s Growing Crypto Theft Problem

Key Highlights: A victim identified as Ahmad suffered an estimated $14,000 in total financial losses following a street phone snatching in East London. Within hours of the theft, criminals drained multiple crypto wallets—including MetaMask, Phantom, and Bybit—and opened leveraged trading positions on eToro. Unauthorized transactions included retail charges at Costcutter and rides on Uber before ...

Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds
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Qubic Freezes Blockchain After Attacker Drains 1.4K Wallets With Weak Seeds

Key Highlights: Qubic patched a critical vulnerability in its web wallet caused by using JavaScript’s non-cryptographic Math.random() function for seed generation. Network validators, known as Computors, will vote on recovery options for frozen funds once the core team completes its audit of impacted wallets. The incident adds to an ongoing pattern of seed-generation vulnerabilities across ...

Ledger Investigates Potential Wallet Tampering After Reported $86M Crypto Theft
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Ledger Investigates Potential Wallet Tampering After Reported $86M Crypto Theft

Key Highlights: Ledger has instructed official reseller CryptoBilis to halt sales and shipments amid an active investigation into potential device-related security issues. Users who acquired devices from the vendor within the last 90 days are advised to hold off on setup or migrate funds to a freshly generated recovery phrase if already in use. While ...