The Largest Crypto Heist Ever | Bybit Breach Leads to a $1.5 Billion Theft

"BYBIT" with a hacker in the background

The Rise of Sophisticated Cyber Attacks in the Crypto Space The cryptocurrency market has long been a prime target for cybercriminals. The decentralized nature of blockchain, the high-value assets at stake, and the evolving attack vectors make exchanges a lucrative opportunity for hackers. In what could be the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit confirmed a devastating security breach, resulting in the theft of approximately $1.5 billion in Ethereum (ETH). This incident surpasses previous record-breaking breaches in the industry and highlights significant security gaps in crypto exchange…

Read More

Malicious npm Packages Exploit Gmail SMTP to Steal Solana Wallet Keys

Hacker in a hoodie surrounded by blockchain symbols.

Cybersecurity researchers have uncovered a series of malicious npm packages designed to exfiltrate Solana private keys by exploiting Gmail’s SMTP service. These packages, including @async-mutex/mutex, dexscreener, solana-transaction-toolkit, and solana-stable-web-huks, masquerade as legitimate tools but contain hidden scripts that intercept and transmit private keys to attacker-controlled Gmail accounts. Attack Methodology The attackers employ typosquatting techniques, creating packages with names similar to popular libraries to deceive developers into installing them. Once integrated, these packages capture private keys during wallet interactions and use Gmail’s SMTP server to send the stolen data to the…

Read More