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The hacker behind the $300 million Coinbase (NASDAQ: COIN) breach has resurfaced with another major purchase, this time acquiring Solana (SOL). On August 24, the attacker bought 38,126 SOL, worth about $7.95 million, at an average price of $209, according to on-chain data retrieved by Finbold from Arkham Intel. Coinbase hacker’s crypto purchases. Source: Arkham This follows earlier activity on July 20, when the same wallet added 649.62 ETH valued at $2.31 million at $3,561 each. The transactions suggest a strategy of diversifying into major blockchain ecosystems while moving funds through decentralized exchanges and aggregators. Coinbase hacker’s crypto purchases. Source: Arkham Coinbase’s notable security incident  The purchases trace back to one of Coinbase’s notable security incidents in early 2025, when cybercriminals bribed overseas support agents to access internal systems.  Insights into the breach indicate that the inc...

AI tools aren’t just helping you keep on top of your emails, they’re giving scammers the edge in stealing your crypto. Whether it’s through giving a boost to traditional “social engineering” scams, or writing crypto-stealing code disguised as a legitimate Javascript package, AI is helping to part users from their tokens while the operators sit back and watch the profits roll in. Trust nobody According to Joey Santoro, the decentralized finance (DeFi) developer behind Fei Protocol and the ERC-4626 (Tokenized Vaults) token standard, a friend recently lost $2 million to a “sophisticated” deepfake scam. Santoro claims that an audio deepfake of Paul Faecks, founder of stablecoin-focused blockchain Plasma, was used to pitch an advisor role, with information that “perfectly matched [the friend’s] profile.” During the call, the victim opened a file (despite it being blocked by security software on a first attempt) which then “ successfully got access to pa...

Kidnapped crypto trader breaks ankles jumping from 30-foot balcony A kidnapped crypto trader who was allegedly threatened with torture and death by a gang demanding €30,000 ($31,000) for his release, broke both ankles leaping from a 30-foot balcony in a desperate bid to escape, according to news reports.  The 34-year-old met his alleged captors in Marbella, Spain where they persuaded him to join them for drinks at an apartment in Estepona. The gang then allegedly kidnapped him and told him to pay a ransom using crypto from his clients’ accounts or face torture.  The victim pretended to comply and made a call, he claimed, to a client to get the codes he needed to access the crypto. However, he instead contacted a friend who subsequently led police to the apartment where he was being held.  Before police arrived, however, the alleged victim took matters into his own hands, attempting to escape via the apartment’s balcony while the kidnappers were...