Hackers infiltrate cryptographic projects, steal $ 1 million

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Hackers pretending to be legal employees of IT technology (IT) who have stolen about $ 1 million in cryptography with infiltrated WEB3 projects in the last week, according to Onchain Investigator and a security analyst of ZackxBT.

This influenced several entities, including Favrr, Fan-Token Marketplace, unchanging token (NFT) replicandy and chain saw post.

Hackers used the mechanism of menting NFT projects, mass amounts of NFT, selling them and causing a price drop to zero during profit mining, said ZackxBT.

Tracking funds with exploit. Source: ZackxBT

After the exploits, the threat actors moved stolen funds with the aid of stock exchanges and many portfolios. Funds from the chain hack “mainly dormant”, while the stolen crypto from Favrr was transferred to nested services, said detective Onchain.

Infiltration of cryptographic projects and blockchain by malware programmers is still a problem in the industry, causing financial losses for users and undermining the efforts of programming teams around the world.

Related: Zachxbt Slams Bitcoin Bridge Garden Finance for the laundry of hacked funds

Companies around the world are facing security threats from the inside

In November 2024, scientists with cybersecurity identified a team of hackers with connections with the North Korean government known as “Ruby Sleet” infiltrating aviation contractors and defense in the USA.

Scientists also found that hackers associated with this syndicate of cybercrime began to attack information companies, infiltrating organizations, configuring false recruitment initiatives and directing these companies in the fraud of social engineering.

https://www.youtube.com/watch?v=kynq5yofkwo

Crypto Exchange Coinbase said she was a victim of data leakage and then an attempt to force in May 2025.

External actors threatened bribed several Coinbase customer service contractors to steal your account from clients’ swath and transfer them to employ as a lever to obtain a ransom from the exchange.

It is estimated that 69,461 coin users had an impact on data violation and contained personal data such as addresses, telephone numbers and other identifiers, according to Latham and Watkins.

Warehouse: China threatened by American Stablecouins, G7 called to fight the Lazarus Group: Asia Express

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