Category: Theft
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Bybit suffers £1.1bn crypto heist in largest alleged theft on record
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Bybit, a Dubai -based cryptocurrency, revealed that the infiltrators stole 1.5 billion dollars (1.1 billion pounds) of digital assets in what may occupy the largest ranking theft in history. The breach, which targeted the ETHEREUM portfolio of the platform, has sparked new warnings of the security gaps in the market,…
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South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
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South Korea has Announce Sanctions against 15 individuals and one entity from North Korea involved in cybercrime, including large-scale cryptocurrency thefts. The move comes amid growing concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions. South Korea imposes sanctions on North Korean…
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Credit Bank to pay trader Sh1.7m in bizarre identity theft saga
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Credit Bank has been ordered to pay Sh1.7 million in compensation to a merchant and non-customer who was wrongly listed as a loan defaulter in a bizarre stolen identity case four years ago. High Court Judge Lawrence Ntheja Mugambi said the bank violated Paul Mosambi Mwatu’s human dignity and integrity…
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Pick-up loads: The difference between theft and robbery
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What is the best way for van or double cab users to secure luggage against weather or theft? Baggy There are four main options: one: Store relatively small but valuable goods in the passenger compartment. As discreetly as possible, for example behind the backrest of a bench seat. two: Install…
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Bitcoin Mining Contributing to Massive Electricity Theft in Malaysia: Report
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According to a report by a Malaysian media outlet, MalayMail, Bitcoin and cryptocurrency mining operations were mostly responsible for the massive electricity theft in the country between 2018 and 2023. Despite the strict measures, cryptocurrency mining and public services are not illegal in the Asian country. Bitcoin mining using stolen…
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Bitfinex Among Major Firms Affected by Evolve Bank Data Theft
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Cryptocurrency-friendly financial institution Evolve Bank and Trust has been implicated in a massive data breach. The bank has admitted to being aware of the incident, which involved the theft of 33 terabytes of user data. While Evolve Bank insisted that customer funds appeared to be intact, it acknowledged that hackers…
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Bitfinex Among Major Firms Affected by Evolve Bank Data Theft
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Cryptocurrency-friendly financial institution Evolve Bank and Trust has been implicated in a massive data breach. The bank has admitted to being aware of the incident, which involved the theft of 33 terabytes of user data. While Evolve Bank insisted that customer funds appeared to be intact, it acknowledged that hackers…
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Auto theft crisis deepens as insurance claims top $1.5 billion
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Article content Canada’s auto theft crisis is worsening, with insurance claims costs exceeding $1.5 billion for the first time. New data from the Insurance Bureau of Canada (IBC) shows insurance providers handled 49,679 claims related to stolen vehicles in 2023, with costs exceeding $1.54 billion for the year. Overall, the…
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Shoplifting crackdown: Retail theft ring targeting Macy’s, other retailers busted
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Andrei Popov Manhattan authorities have cracked down on a local cosmetics retailer for allegedly running a retail theft fencing operation, charging him and his owners with three counts of criminal possession of stolen property. Investigators raided the store and two of it storage units, and found more than $1 million…
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Russian court says US soldier charged with theft causing ‘significant’ damage By Reuters
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MOSCOW (Reuters) – U.S. soldier Gordon Black, detained in the Russian city of Vladivostok until July 2, is accused of theft and causing serious damage, a Russian court said. The detention of Black, who the Pentagon said traveled to Russia without authorization, represents another diplomatic headache for the United States,…