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‘White hat’ hackers take $47 million bounty after $320 million crypto theft

Hackers withdrew $320 million in bitcoin from Liquid Network, negotiated on-chain, returned $266.5 million and kept a $47 million reward.

Purported white-hat hackers withdrew 4,000 BTC (about $320 million) from Liquid Network's own wallet, one of the largest cryptocurrency thefts of 2026. Over roughly 12 hours of public on-chain negotiation with operator Blockstream, the hackers returned $266.5 million in bitcoin and kept 598.5 BTC (about $47 million), claiming it as a reward for uncovering a bug. Blockstream deployed updated software and paused deposits and withdrawals while experts traced the flaw to the Elements sidechain framework. April thefts of $290 million from Kelp and $280 million from Drift, attributed to North Korean hackers, were previously 2026's largest.

The Record · 8d agoData breach in the wild

Party’s over for scammers who went on spending spree after $240M bitcoin theft

AP report on scammers' spending spree after a $240 million bitcoin social engineering theft, as ringleader Malone Lam nears a plea agreement.

DataBreaches.net syndicates AP reporting on the $240 million bitcoin theft from a Washington, D.C. resident via social engineering calls impersonating Google and Gemini. Alleged ringleader Malone Lam, 22, faces a plea hearing; the scam network spent stolen funds on cars, jets, and mansions before FBI arrests. Crypto investment fraud complaints to the FBI rose nearly 50% in 2025.

DataBreaches.net · 8d agoPolicy & legal

Revolut Data Breach Exposes Customers’ Passport Copies and Full Transaction Histories to Hackers

Revolut leaked KYC documents and full transaction histories after a fraudulent, domain-authenticated email request impersonating a government agency.

Revolut disclosed that an attacker using an unauthorized email account on a legitimate government domain, with valid domain-authentication credentials, tricked the fintech into releasing customer data. The exposed data includes passport and driver's license copies, identity-verification selfies, full names, dates of birth, addresses, IBANs, and complete transaction histories including Bitcoin activity. Revolut says core systems, accounts, and funds were not compromised, and it blocked the email source and notified authorities. On-chain investigator ZachXBT and others indicated the operation targeted high-net-worth users facing elevated phishing, SIM-swap, and extortion risk.

Cyber Security News · 4d agoData breach3· 1 read