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Hacker steals $27 million in BigONE exchange crypto breach

Cryptocurrency exchange BigONE disclosed that hackers stole various digital assets valued at $27 million in an attack yesterday. The platform announced that private keys and user data remain unaffected by the intrusion and any customers that incurred losses will be reimbursed from available reserves. “In the early hours of July 16, BigONE detected abnormal movements involving a portion of the platform’s assets,” reads the announcement. “Upon investigation, it was confirmed to be the result of

Crypto theft is booming as criminals increasingly turn to physical attacks

The value of cryptocurrencies stolen by criminals surged in the first six months of 2025 after a high-profile hack and a wave of physical attacks targeting crypto holders and their relatives. So far this year, $2.17 billion has been stolen from crypto services — already eclipsing the $1.87 billion of funds stolen from platforms in 2024 — and this is expected to reach $4 billion by the end of 2025, according to a report published Thursday by blockchain analysis firm Chainalysis. Overall, the co

Against AI: An Open Letter from Writers to Publishers

To Penguin Random House, HarperCollins, Simon & Schuster, Hachette Book Group, Macmillan, and all other publishers of America: We are standing on a precipice. At its simplest level, our job as artists is to respond to the human experience. But the art we make is a commodity, and our world wants things quickly, cheaply, and on demand. We are rushing toward a future where our novels, our biographies, our poems and our memoirs—our records of the human experience—are “written” by artificial intell

Retail giant Ahold Delhaize says data breach affects 2.2 million people

Ahold Delhaize, one of the world's largest food retail chains, is notifying over 2.2 million individuals that their personal, financial, and health information was stolen in a November ransomware attack that impacted its U.S. systems. The multinational retailer and wholesale company operates over 9,400 local stores across Europe, the United States, and Indonesia, employing more than 393,000 people and serving approximately 60 million customers each week in-store and online. It has reported yea

No, the 16 billion credentials leak is not a new data breach

News broke today of a "mother of all breaches," sparking wide media coverage filled with warnings and fear-mongering. However, it appears to be a compilation of previously leaked credentials stolen by infostealers, exposed in data breaches, and via credential stuffing attacks. To be clear, this is not a new data breach, or a breach at all, and the websites involved were not recently compromised to steal these credentials. Instead, these stolen credentials were likely circulating for some time,

Stolen iPhones disabled by Apple's anti-theft tech after Los Angeles looting

What just happened? As protests against federal immigration enforcement swept through downtown Los Angeles last week, a wave of looting left several major retailers, including Apple, T-Mobile, and Adidas, counting the cost of smashed windows and stolen goods. Yet for those who made off with iPhones from Apple's flagship store, the thrill of the heist quickly turned into a lesson in high-tech security. Apple's retail locations are equipped with advanced anti-theft technology that renders display

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023. Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what's estimated to be the largest crypto heist in history. The attack compromised Bybit's cold wallet, an offline storage system designed for security. The stolen funds, primarily in ether , were quickly transferred across multiple wallets and liquidated through various p