According to Onchain investigator and cyber security analyst Zackxbt, workers infiltrating the web3 projects have stolen about $ 1 million in Crypto during the last week.

Many institutions including FAVRR, a web3 fan-token marketplace, non-fungable token (NFT) projects replicand and chainsaw were impressed Post,

Zackxbt stated that hackers exploited mint mechanisms for NFT projects, mined the large amounts of NFT, sold them, and dropped the price floor to zero, while they benefited.

Following the adventures, the danger actors shifted stolen funds through exchanges and several purse. Onchen Detective stated that the funds from Chensaw hack “mostly remain inactive”, while the stolen crypto from Favor was transferred to nested services.

Infiltration of crypto and blockchain projects The industry remains a problem in the industry by malicious software developers, causing financial losses to users and reduced the efforts of software development teams worldwide.

Connected: Zachxbt Slam Bitcoin Bridge Garden Finance for Londering Funds

Companies worldwide are facing security threats from inside

In November 2024, cyber security researchers identified a team of hackers, known as “Ruby Sleet” with the North Korean government, known as “Ruby Sleet”. Infiltration aerospace and defense contractor In America.

Researchers also found that hackers associated with this cyber crime syndicate began to target information technology firms, as well as infiltrated organizations, established fake recruitment initiative, and targeted these companies with social engineering scams.

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

Crypto Exchange Coinbase said it was A data leak victim And attempts to recover forcibly in May 2025 later.

External danger actors bribed several coinbase customer service contractors to steal account data from a self -sufficient customer and could be used as a leverage in an attempt to extract a ransom from the exchange.

Estimated 69,461 coinbase users were users Data affected by breechAnd according to Latham and Watkins Law firm, there were personal details such as addresses, telephone numbers and other identifiers.

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