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LockBit Hack: Everything You Need to Know
LockBit is one of the most deployed ransomware globally. This hacking group has compromised thousands of entities, spanning financial institutions, logistics companies, and healthcare organizations. These victims are now backed by an international law enforcement task force called Operation Cronos. 
PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key. 
On a specialized forum, an unidentified hacker is selling access to the law enforcement request control panel for the crypto exchange Binance. The price is set at $10,000, payable in cryptocurrencies like Bitcoin (BTC) or Monero (XMR). The validity of this offer has been verified by the analysts at Hudson Rock. 
He lists his demands:
“All documents and information related to company / protocol formation, structure, operation, revenues, profits, expenses, assets, liabilities, investors, salaries, etc.”
“Temporary full authority and ownership over the governance mechanism (KyberDAO).”
“Surrender of all Kyber (the company) assets. This is both On-chain and Off-chain assets.” 
Offering a deal of $10 million, Justin Sun has reached out to the hacker behind the Poloniex cryptocurrency exchange breach to recover the stolen funds. Sun asserts that the hacker's identity is no secret, with international law enforcement ready to intervene following a formal complaint from the exchange. 
In the first half of 2023, the crypto exchange Upbit faced 159,000 attacks, marking a 117% surge from early 2022 figures. These persistent threats pushed the exchange to transfer up to 70% of its funds to cold wallets and to ramp up its security measures. However, despite these precautions, the exchange mistakenly recognized fake APT deposits as legitimate. 
After breaching the X-account of Algorand's CEO, the hacker began a spree of satirical posts, sharing a variety of music, and amusingly altering the account's bio. One notable post included a fictional tale about Justin Sun, ambitiously seeking to promote Algorand for unrestricted access to the token minting to back TUSD. Mustafa Al-Bassam: From Hacker to CEO at Celestia Labs
Once a schoolboy who claimed to have hacked the CIA's website, Mustafa Al-Bassam is now making headlines with his Celestia venture and its TIA token on CoinMarketCap rankings. But how much trust can be placed in a project led by a former cybercriminal? 
The case's key figures engineered unique encryption ransomware to launch attacks on the world's leading corporations in countries like France, Norway, Germany, the Netherlands, Canada, and the United States, with their operations dating back to 2018. 
ThorChain's transaction volume has surged to a record $355 million. An influx of hacker activity on the network has led to total transactions topping $1 billion in just five days. Over the past four months, over 50% of the funds swapped from ETH to BTC on ThorSwap have been stolen. 
Yesterday, the Cyvers team raised alarms over a questionable HTX transaction. Their concerns grew when there was no communication in return.
Fast forward to today, the damage is clear: 5,000 ETH, or $7.9 million, is gone, snatched by a hacker.
The HTX team has proposed a 5% reward for the return of the funds. Should the hacker decline, they plan to engage law enforcement.
"Compared to the $3 billion in assets held by Huobi HTX users, $8 million is a small number. This is only equivalent to two weeks of revenue from the HTX platform," Justin Sun stated in X.
The underlying issue behind the breach has been eliminated, he adds, and the exchange will reimburse the lost amount.