US and French Authorities Confirm Arrest of Notorious Hackers Behind BreachForums

In a significant breakthrough in the fight against cybercrime, US and French authorities have confirmed the arrests of five hackers accused of being part of a notorious cybercrime forum, BreachForums. The US Department of Justice announced the indictment of British national Kai West, 25, accusing him of being a serial hacker known as IntelBroker. According to the indictment, West is accused of being behind a years-long hacking scheme that caused more than $25 million in damages by[…]

Read More

Cyberattack on Iran’s Top Crypto Exchange Results in Massive Losses

On Wednesday, Nobitex, Iran’s leading cryptocurrency exchange, announced it suffered a significant security breach, with hackers draining funds from its hot wallet. In a statement posted on its website, translated by TechCrunch, Nobitex confirmed unauthorized access to its systems and hot wallet, where a portion of customer cryptocurrencies is stored. The exchange is actively investigating the incident, and its website and mobile app will remain offline until further notice. Blockchain records indicate the attackers stole at least[…]

Read More