Author: Tristan Lodenberg

North Korea’s Lazarus Group has introduced a new macOS-focused cyberattack campaign known as “Mach-O Man,” significantly increasing risks for executives in fintech, cryptocurrency and other high-value industries. Security researchers warn that the group, responsible for an estimated $6.7 billion in stolen funds since 2017, is intensifying its operations with highly targeted social engineering tactics. According to blockchain security researcher Natalie Newson, the group has remained highly active, siphoning more than $500 million from recent exploits involving Drift and KelpDAO over the past two weeks. She described the campaign as a state-directed financial operation rather than isolated criminal activity, highlighting its…

Major US law firm Sullivan & Cromwell has issued a formal apology to Martin Glenn, Chief Judge of the US Bankruptcy Court for the Southern District of New York, after submitting a legal filing containing around 40 incorrect citations linked to artificial intelligence hallucinations. In a letter sent on Friday, Andrew Dietderich accepted responsibility for the errors, stating that the firm regretted the incident and acknowledged its obligation to ensure accuracy under Local Bankruptcy Rule 9011-1(d). The flawed emergency motion had been filed nine days earlier, highlighting how reliance on AI tools without proper oversight can create serious risks in…

Bitcoin climbed above $78,000 early Wednesday, rising about 2.t% in 24 hours, while the broader crypto market gained roughly 2.3%. Ethereum also increased by 2.7% to $2,386, showing synchronized strength across major digital assets. The move comes after weeks of volatility and renewed institutional participation. The rally was driven by, U.S. President Donald Trump announced that he will extend the ceasefire with Iran to allow time for negotiations between the two countries, strong ETF inflows, and short position liquidations. Once Bitcoin broke above $75,000, leveraged short positions were forced to close, creating a short squeeze that accelerated price gains. Spot Bitcoin ETFs…

Iran’s Foreign Minister Abbas Araqchi has sharply escalated rhetoric against the United States, calling the U.S. blockade of Iranian ports an “act of war” and a violation of the ongoing ceasefire arrangement. In a post on X, Araqchi stated that Islamic Republic of Iran would not accept pressure, adding that Tehran has the capability to defend its national interests and counter restrictions imposed by Washington. Maritime Tensions Rise in Strait of Hormuz The situation intensified after reports that Iranian forces attacked three cargo ships in the Strait of Hormuz, a key global oil shipping route. The Islamic Revolutionary Guard Corps…

Decentralized lending protocol Aave has experienced a significant liquidity outflow, with approximately $15.1 billion withdrawn in just 3.5 days, according to on chain analyst EmberCN. Total deposits on the platform reportedly fell from $48.5 billion to $30.7 billion, representing nearly one-third of its capital base exiting in a short period. The sudden movement highlights rapid capital rotation within decentralized finance lending markets, where large liquidity shifts can quickly alter yields, risk exposure, and borrowing capacity. Mixed Performance Across Competing Lending Protocols While Aave saw heavy withdrawals, other lending platforms showed divergent trends. Morpho recorded a decline in total deposits from…

Bitcoin is trading near $78,000, repeatedly testing a resistance level it failed to break on Friday and has not sustained since January. The market is now positioned at a critical inflection point, with heavy derivatives exposure building on both sides of the price range. According to CoinGlass liquidation data, a move above current levels could trigger around $180 million in short liquidations concentrated between $77,000 and $78,000, potentially accelerating upward momentum toward $80,000. At the same time, downside risk remains significant, with approximately $71 million in long positions at risk of liquidation if Bitcoin falls below $77,300. Macro Sentiment Improves…

Privacy-focused crypto protocol Umbra has placed its front end website into maintenance mode after discovering that hackers were using the service to move stolen funds linked to recent high-profile attacks. The protocol confirmed that approximately $800,000 in stolen assets had been transferred through its system, prompting immediate action to limit misuse. The decision follows the major Kelp protocol exploit, which resulted in losses exceeding $280 million and is widely suspected to be linked to North Korean hacking groups. Reports indicated that attackers attempted to route funds through Umbra while bridging assets from Ether to Bitcoin. Umbra stated that its hosted…

Bitcoin is trading near $78k as it approaches a tightly packed resistance zone that analysts say could determine whether the market continues higher or enters another consolidation phase. The asset has spent roughly 75 days moving sideways after forming a local bottom near $60,000 on Feb. 6, gradually pressing into key on-chain valuation levels. The first critical level is the True Market Mean, currently around $78,250. This metric, tracked by Checkonchain, represents the average acquisition cost of actively circulating Bitcoin supply, excluding lost or dormant coins. It is considered a refined measure of real market participant cost basis and is…

Coinbase has spotlighted growing efforts by blockchain networks to prepare for future risks posed by quantum computing, warning that while the threat is not immediate, it is ultimately unavoidable. Its Independent Advisory Board on Quantum Computing and Blockchain stated that a sufficiently advanced quantum machine could eventually break the cryptographic systems securing digital assets. However, such technology is likely at least a decade away, as it would require capabilities far beyond today’s most powerful supercomputers. Algorand and Aptos Lead Early Quantum-Resistant Efforts The report identified Algorand as a frontrunner, citing its staged roadmap toward full quantum readiness. Algorand has already…

Artificial intelligence is rapidly changing bug bounty programs, leading to a sharp rise in vulnerability submissions across crypto and blockchain projects. Bug bounties reward ethical hackers for identifying security flaws, and AI tools now allow researchers to scan large volumes of code more quickly. According to HackerOne, one of the world’s largest bug bounty platforms, there were 85,000 valid bounty submissions in 2025, representing a 7% increase compared with the previous year. Barry Plunkett, co-chief executive of Cosmos Labs, said AI is transforming how bounty programs operate. He reported his organization experienced a 900% increase in submissions, receiving roughly 20…