cryptosecurity

Security and Hacking News$BTC $NOM

#securityalert India’s BitConnect scam arrests underline ongoing threats from crypto-enabled crimes involving extortion and large crypto fund laundering. South Korean prosecutors investigating the disappearance of billions in seized Bitcoin illustrate persistent vulnerabilities in asset custody and law enforcement oversight. Meanwhile, North Korea's KONNI group has escalated attacks with AI-powered malware against blockchain devs, marking an evolution in threat sophistication targeting the crypto space.#hackingalert #scamalert #cryptosecurity

🚨 $48M Gone in a Click — South Korea’s Bitcoin Blunder 🚨
South Korea reportedly lost $48 million in seized Bitcoin — not to a hack, but a phishing scam 😬
💻 Fake website fooled a government employee
🔑 Wallet credentials compromised
💰 ~70 billion won in BTC vanished
The breach surfaced during an audit at the Gwangju District Prosecutors’ Office, exposing a harsh reality:
🔔 Cold storage isn’t invincible
⚠️ Human error is still the weakest link
🏛️ Governments aren’t immune to crypto security failures
🔍 Authorities are tracing the funds
⚖️ Custody standards may now face scrutiny
If governments can lose BTC to phishing… who’s really safe?
#bitcoin.” #CryptoSecurity #phishingattack $BTC

🚨 #SouthKoreaSeizedBTCLoss $48M Bitcoin VANISHES from Government Custody! 😱💸
Hey Binance KY fam! You won't believe this plot twist... South Korean prosecutors just became the latest victims of a crypto heist, but here's the kicker they were supposed to be the ones protecting these assets! 🤯
📋 What Went Down?
The Gwangju District Prosecutors' Office (yes, the actual government!) discovered that approximately 70 billion won (~$48 million USD) worth of seized Bitcoin has mysteriously disappeared from their custody.
🎣 The Culprit? A Simple Phishing Attack!

Here's where it gets wild: • An employee clicked on a fraudulent website (classic phishing trap! 🪝) • Wallet passwords were compromised • The BTC was stolen during "official storage" • Discovered only during a routine audit in January 2026 📅
⚖️ The Ironic Timing

Just weeks earlier (early Jan 2026), South Korea's Supreme Court finally ruled that seizing Bitcoin from exchange wallets is legal in criminal cases. They were literally celebrating their new crypto confiscation powers... and then this happens! 😅
🔐 Key Takeaways for Us:

✅ Not Your Keys, Not Your Coins Even government agencies learn this the hard way! ✅ Cold Storage is King – Hot wallets + government employees = disaster recipe 🚨 ✅ Multi-Sig is a Must – No single person should control $48M with one password ✅ Security Training Matters – If prosecutors can fall for phishing, so can we!
💭 Thoughts?

How do you think governments should store seized crypto? Cold wallets? Multi-sig setups? Or should they just HODL in Fort Knox 2.0? 😂
Drop your security tips below! Let's learn from their $48M mistake! 👇

#bitcoin #CryptoSecurity #PhishingAlert #HODL #BinanceKY #CryptoNews #Blockchain #SecurityFirst #DontClickSuspiciousLinks 🛡️
$BTC $ETH

NEWS: U.S. BITCOIN CUSTODY UNDER FIRE

David Bailey claims the son of the CEO at the firm hired by U.S. Marshals to safeguard government Bitcoin allegedly stole $40M.
He warns the U.S. Treasury should immediately secure the private keys from the Department of Justice, raising serious questions around custody risk, internal controls, and how state-held Bitcoin is protected.

If true, this could become a major stress test for government crypto custody standards — and a wake-up call for how sovereign Bitcoin is managed.

#Bitcoin #CryptoNews #CryptoSecurity

🕵️‍♂️ When Telegram Bragging Becomes Evidence on the Blockchain

One of the most underestimated risks in crypto isn’t weak security — it’s human behavior. A recent case involving the theft of $40 million from a U.S. government–related crypto wallet perfectly illustrates this. The investigation didn’t begin with complex exploits or insider leaks, but with careless bragging in a Telegram chat.

In an attempt to demonstrate wealth and influence, a user publicly referenced wallet balances and executed large transfers in real time. What looked like flexing quickly turned into a trail of on-chain signals. By linking public messages with transaction data, blockchain analysts were able to connect addresses, reconstruct fund flows, and narrow down the source of the theft.

This case highlights a critical reality of Web3: blockchains are transparent, and social platforms amplify that transparency. Every public statement, screenshot, or transaction shared for ego or intimidation can become a data point for on-chain investigators.

The lesson is simple but often ignored. Privacy isn’t only about cryptography — it’s also about discipline. In an ecosystem where wallets are permanent and transactions are immutable, behavioral mistakes can be just as costly as technical ones.

Crypto doesn’t forget. And sometimes, the loudest evidence is posted voluntarily.

#CryptoSecurity #BlockchainAnalysis #Onchain #Telegram #CryptoCrime

#SouthKoreaSeizedBTCLoss
🚨 SHOCKING: South Korea’s $48M Seized Bitcoin Vanishes! 📉$BTC

Can you imagine a government agency getting phished? It just happened.
The Gwangju District Prosecutors' Office in South Korea is under fire after discovering that a massive stash of seized Bitcoin—worth approximately 70 billion KRW ($48 million USD)—has gone missing from their custody. 😱

🔍 What Happened?
During a routine audit of assets stored on hardware devices (USB drives), officials realized the funds were gone. The suspected culprit? A phishing attack. Reports suggest an official inadvertently accessed a fraudulent website, leading to the leak of private keys or passwords. $BTC

💡 Why This Matters for You:
Institutional Vulnerability: If law enforcement agencies with "strict" protocols can fall for phishing links, anyone can. 🛡️
The "Not Your Keys" Rule: Even when the government seizes your crypto, the security of those assets depends on the human handling the keys

Security Overhaul: This massive blunder is sparking a heated debate about how governments manage digital assets. Is it time for more advanced institutional custody solutions?

This incident is a loud wake-up call for the entire crypto community. Security isn't a one-time setup; it’s a constant battle. Stay vigilant, double-check every link, and never share your seed phrase! 🚫🖱️

What do you think? Should governments be held to higher security standards for seized crypto, or was this just an "unavoidable" human error?
Let’s discuss below! 👇

#BTC #SouthKoreaSeizedBTCLoss #CryptoSecurity #PhishingAlert
$BTC

📉 #SouthKoreaSeizedBTCLoss — South Korean Prosecutors Lose Tens of Millions in Seized Bitcoin! 🇰🇷💸

In a shocking development for the crypto world, authorities in South Korea’s Gwangju District Prosecutors’ Office have revealed that a huge amount of seized Bitcoin has gone missing while in state custody. Officials discovered the loss during a routine internal inspection of confiscated digital assets.

🔍 What Happened?
• About 70 billion won (~$47 – 48 million USD) worth of Bitcoin that had been seized from criminal cases disappeared.

• Prosecutors believe the loss occurred after someone mistakenly accessed a phishing website, which exposed private key credentials stored on USB drives. Once the credentials were exposed, the BTC was irreversibly transferred out.

• The exact amount and destination of the stolen Bitcoin have not been officially confirmed, and the investigation is ongoing.

⚠️ Why This Matters
This incident highlights security challenges even for official state custody of digital assets — if law enforcement can fall victim to a phishing attack, it raises questions about broader institutional readiness to manage cryptocurrencies securely.

Officials are working to trace the missing funds and are reviewing custody procedures, but there’s currently no public clarity on recovery or accountability.

🔐 Takeaway for Crypto Users
This story reinforces something the crypto community already knows: security practices matter hugely, whether you’re an individual or an institution.
#bitcoin #phishingattack #CryptoSecurity
$BTC
$BNB

🟡 Breaking News – 9:58 PM, January 19, New York City ⚡🗽

Jefferies has issued an urgent market warning as strategist Christopher Wood moves to completely exit Bitcoin, citing accelerating risks that quantum computing could one day break the cryptographic foundations securing the world’s largest cryptocurrency.

According to Bloomberg and InsideBitcoins, Wood removed a full 10% BTC allocation from Jefferies’ model portfolio, shifting the capital into gold and gold‑mining equities as concerns rise that quantum breakthroughs may arrive within years, not decades. 🧨💻🔐 [insidebitcoins.com], [bloomberg.com]
$FIL
This developing story has sparked intense debate across the crypto ecosystem as experts warn that cryptographically relevant quantum computers could theoretically derive private keys from exposed public keys—posing what Wood describes as a potentially existential threat to Bitcoin’s long‑term store‑of‑value status.
$BNB
While Jefferies stresses the risk may not hit near‑term price action, the shift signals growing institutional anxiety as quantum R&D accelerates worldwide. 🌀📉🪙 [bloomberg.com], [livemint.com]
$WCT
Market watchers note that quantum concerns have already begun influencing portfolio strategies, with some analysts arguing developers are underestimating the threat while others believe the network still has time to migrate to quantum‑resistant schemes.

Regardless, the sudden rotation from Bitcoin into gold by a major Wall Street strategist has placed fresh pressure on sentiment, forcing investors to reassess how future‑proof crypto security really is amid rapid technological change. 🚨📊🌐 [bloomberg.com], [blockonomi.com]

#QuantumRisk #BitcoinAlert #CryptoSecurity #MarketPressure

This is underrated advice.
Most wallet drains in crypto are not from bad trades but from bad browser hygiene.

Extensions get sold. Updates get pushed. Permissions stay the same.
One silent update is all it takes to leak keys or sign malicious transactions.

Cold wallets, minimal extensions, and assume every “helper” is a potential attack surface.
If you do not use it regularly, delete it.

Security is alpha.
#CryptoSecurity #SelfCustody #OpSec #BTC #ETH

📌 #SouthKoreaSeizedBTCLoss — Government Loses ~$48M in Seized Bitcoin! 🇰🇷💥
$BTC
$BNB

The crypto world is buzzing after South Korean authorities revealed a massive loss of seized Bitcoin worth roughly 70 billion KRW (~$47–$48 million USD) while it was in state custody.

🔥 What Happened:
👉 The Gwangju District Prosecutors’ Office found that a large portion of Bitcoin seized in criminal cases had vanished during a routine internal inspection of confiscated digital assets.

👉 Prosecutors now believe the loss resulted from a sophisticated phishing attack that tricked an official into exposing wallet credentials — even though the assets were supposedly secured offline.

🧠 Why This Matters:
⚠ Government custody of crypto is not immune to scam risks — even official seized funds can disappear if security protocols aren’t solid.

💡 The case raises urgent questions about how digital assets are stored and safeguarded — and could impact how authorities handle crypto seizures worldwide.

📍 Investigation Ongoing:
Officials are currently probing how exactly the breach occurred and where the lost Bitcoin has been moved — but recovering phished crypto is extremely difficult once it leaves official wallets.

🚨 Crypto caution reminder:
If seized government Bitcoin can be lost to phishing, so can private holdings without strict security practices like proper hardware wallets and phishing awareness! ⛔
#CryptoSecurity #bitcoin #FedWatch #ScrollCoFounderXAccountHacked

$ZEC

#SouthKoreaSeizedBTCLoss
South Korea's prosecutors seized a lot of Bitcoin from bad people (like from illegal gambling).

They were keeping this Bitcoin safely — but recently, they lost about $48 million worth of it.

How? A worker clicked on a fake (phishing) link or website by mistake. Scammers tricked them, stole the secret password/keys, and took the Bitcoin.

Even the government got fooled by a simple online scam — crazy, right?

It shows: No one is 100% safe with crypto if security is weak.
#SouthKoreaSeizedBTCLoss #Bitcoin #CryptoSecurity

SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT 🚨

Layer 1 protocol $SAGA confirms massive security breach on SagaEVM chain. Hacker drained nearly 7M $USDC, bridged out, and swapped to $ETH.

• Project instantly paused the chain at block 6,593,800 upon detection.
• Investigation underway; cooperating with exchanges and bridge operators to blacklist the attacker's address.
• Crucially, the SSC mainnet, consensus layer, and validator system remain unaffected.

This is a massive cleanup operation. Watch the recovery closely.

#Saga #CryptoSecurity #EVMExploit #Blockchain 📉

🟥 SECURITY ALERT — SCROLL COMMUNITY 🟥
#ScrollCoFounderXAccountHacked
⚠️ Heads up, this is serious.
Between Jan 25–26, 2026, the X (Twitter) accounts of Scroll’s co-founders were compromised in a coordinated social-engineering attack.
🕵️ How the scam is playing out:
🔻 Hijacked profiles were redesigned to impersonate official X support/staff
🔻 Victims received DMs or saw posts claiming “copyright violations”
🔻 Messages pushed fake urgency — 48-hour deadlines to “resolve” the issue
🔻 Links led to credential-harvesting or wallet-draining traps
📣 Official response:
The Scroll team has confirmed the breach and is actively working with X’s security team to recover the accounts and shut down malicious activity.
🛑 Protect yourself right now:
🟠 Do NOT click links from compromised or suspicious accounts
🟠 Ignore copyright / verification threats sent via DMs
🟠 X staff will never ask for passwords, keys, or wallet access
🟠 Trust only announcements from verified, official Scroll channels
🧠 Reminder:
Scammers don’t hack code first — they hack people.
Stay alert. Stay skeptical.
#CryptoSecurity #SocialEngineering #PhishingAlert #Web3Safety #Scroll

SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT!

⚠️ NEARLY $7 MILLION DRAINED FROM SAGA EVM. Hacker bridged funds to $ETH.

• Protocol confirmed security breach on SagaEVM chain.
• Immediate chain halt enacted at block 6,593,800.
• Investigation underway with partners and exchanges.
• Mainnet SSC, consensus layer, and validators remain unaffected.

This is a massive security scare for Layer 1s. Stay alert.

#Saga #CryptoSecurity #EVMExploit #Layer1 🚨

🛑 Late-Breaking News | Special Report | Developing Story

Time: 9:58 PM, – New York City ⏰🗽

In a stunning News Flash, the TEXITcoin project has officially admitted an internal hack, igniting widespread investor outrage and sending shockwaves through the crypto market ⚠️💥.
$ETC
According to recent disclosures, founder Bobby Gray confirmed that a trusted developer created a backdoor, resulting in a loss of $210,000, a revelation delivered during the project’s Week 93 Marathon Call. [disruption...anking.com]
$SEI
This Urgent News bulletin follows months of mounting tension, with TEXITcoin already facing criticism over transparency, financial instability, and earlier security breaches.

Reports highlight that the insider hack had been concealed for nearly a year before Gray acknowledged it publicly, further eroding trust among participants who were already frustrated by the project’s volatile performance and shifting narratives. [disruption...anking.com]
$KILO
Tonight’s Breaking Update lands at the worst possible moment for the project, as market confidence weakens and long‑time supporters express concerns about leadership, accountability, and the project’s ability to recover from repeated structural failures.

The admission intensifies scrutiny across the broader crypto community, where observers warn that internal breaches pose one of the most serious threats to credibility in emerging blockchain ecosystems 🔍📉🔥.

#TEXITcoin #CryptoSecurity #MarketAlert #BreakingNews 🚨💣

⚠️ Michael Saylor Warns: Bitcoin Protocol Changes Could Introduce Risk

Michael Saylor, founder of Strategy, raised concerns about proposals to modify the Bitcoin protocol without robust cybersecurity safeguards.

According to NS3.AI, Saylor emphasized that defending the network should take priority over upgrades, warning that even well-intentioned developers could unintentionally weaken Bitcoin’s stability.

🛡️ Saylor’s core message:

Bitcoin’s strength lies in its resilience and predictability

Protocol changes increase attack surfaces

Security should outweigh innovation when it comes to the base layer

The comments sparked debate across the crypto community. Some agree with Saylor’s cautious stance, while others argue that centralization of key ownership and mining influence may pose equal or greater risks than protocol upgrades.

📌 The discussion highlights a broader tension in Bitcoin’s evolution:
Preserve the protocol vs. adapt for the future.
$BTC

#bitcoin #BTC #CryptoSecurity #blockchain #Decentralization

🚨 The $48M Vanishing Act: #SouthKoreaSeizedBTCLoss
$BTC

The crypto world is reeling as a jaw-dropping security lapse turns the hunter into the hunted. In a plot twist no one saw coming, South Korea’s Gwangju District Prosecutors' Office has confirmed the loss of roughly 70 billion won (~$48 Million) in seized Bitcoin—not to a sophisticated cyber-heist, but to a humble phishing scam.
$LINK
$XMR

While conducting a routine audit of assets stored on physical USB drives, an official reportedly accessed a fraudulent website, inadvertently handing over the keys to the kingdom. This isn't just a "loss"; it’s a seismic wake-up call for global digital custody. If the very authorities tasked with enforcing the law can lose a fortune to a single click, the conversation around decentralized security and institutional cold storage just moved from the sidelines to the center stage.
ZEC
This viral trend is more than a headline—it's a brutal reminder that in the world of Web3, your keys are only as secure as your weakest click. ---
#CryptoSecurity #BitcoinNews #BinanceSquare

South Korea Reports Loss of $48 Million in Seized Bitcoin Following Phishing Attack

A routine audit at the Gwangju District Prosecutors’ Office uncovered the theft of approximately 70 billion won ($48 million USD) in seized Bitcoin. The breach occurred after a government employee fell victim to a phishing scam, compromising the credentials to the official wallet.

Key Details:

· Method: An employee was tricked into entering wallet credentials on a fraudulent website.
· Assets: The stolen Bitcoin was part of assets seized and held by the prosecution service.
· Discovery: The loss was identified during a standard internal audit procedure.
· Status: An investigation is active, focusing on tracing the stolen funds.

Broader Implications:
This incident underscores critical vulnerabilities in how governments and institutions secure seized digital assets. It highlights that offline ("cold") storage solutions are only as secure as their access protocols. The event is prompting urgent reassessment of:
· Digital asset custody standards for public institutions.
· Security training to prevent social engineering attacks.
· Potential regulatory frameworks for managing seized cryptocurrency.

Authorities continue their investigation into the theft.

#SouthKorea #CryptoSecurity #PhishingAttack #Bitcoin #Regulation
$BTC