IT hackers infiltrate crypto projects, stealing $1 million, causing financial losses and security concerns.

From Cointelegraph

June 27, 2025 6:20 PM:

Hackers disguised as IT workers infiltrated Web3 projects, stealing around $1 million in crypto in a week. Entities affected include Favrr, NFT projects Replicandy and ChainSaw. Funds were transferred through exchanges and wallets. Malicious software developers continue to target crypto and blockchain projects, causing financial losses. In November 2024, North Korean hackers targeted aerospace and defense contractors in the US. Coinbase experienced a data leak and extortion attempt, impacting 69,461 users. Security threats from within companies are a global concern.

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