Getting something for nothing - Analysis of the hack of YIEDL
On April 24, 2024, according to intelligence from the SlowMist security team, the YIEDL project on the BSC chain was attacked and the attacker made a profit of approximately US$300,000.

On April 24, 2024, according to intelligence from the SlowMist security team, the YIEDL project on the BSC chain was attacked and the attacker made a profit of approximately US$300,000.
A 20-year-old individual from Florida has been sentenced to 30 months in prison for his involvement in a cryptocurrency SIM swap scam that resulted in the theft of nearly $1 million.
According to ZachXBT, Yahya Maghrab's role primarily involved conducting lookups on X/Twitter accounts through his panel, facilitating scammer Skenkir in identifying potential US targets for SIM swap attacks.
Amidst a surge in Crypto hacks, CFPB takes proactive steps with regulatory measures to protect consumers.
The rogue developer also seized codebases and made an attempt to gain control of the project's social media accounts - demanding a significant share of their treasury and NFT reserves in the process.
A surge in SIM swap attacks has affected several cryptocurrency leaders and organizations, resulting in substantial financial losses and raising concerns about mobile carrier security.
The SIM card, functioning as a hardware wallet, will initially undergo testing with the central bank digital currency (CBDC) in select pilot areas. This test will only be available to a specific group of Android phone users, but there are plans to expand its availability in the near future.
An alleged SIM swap attack on the Gutter Cat Gang NFT project resulted in the illegal transfer of non-fungible tokens (NFTs) valued at more than $765,000.
FTX confirmed recovering over $5 billion in crypto, cash and liquid securities, $415 of which was stolen through hacks.
The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.