International
US Government-linked wallet loses $20 million in suspected hack
US Government-linked wallet loses $20 million in suspected hack
Crypto wallets linked to the United States government have lost over $20 million in suspected compromission by bad actors.
The transaction was picked up by Blockchain Intelligence firm Arkham Intelligence which raised alarm on the suspected compromission of the wallets linked to the United States government.
The US government wallets in question have been quite busy on chain with documented seized funds being pulled from Aave.
However, the wallet mysteriously lost $20 million recently in a suspected hack by bad actors.
Arkham intelligence shared its finding on X pinpointing the specific wallet addresses involved in the compromise while also detailing the address the funds were moved and the activity they carried out after the compromise.
“𝗨𝗣𝗗𝗔𝗧𝗘: 𝗨𝗦 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗹𝗶𝗻𝗸𝗲𝗱 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝗮𝗽𝗽𝗲𝗮𝗿𝘀 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝗰𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲𝗱 𝗳𝗼𝗿 $𝟮𝟬𝗠. $20M in USDC, USDT, USD, and ETH has been suspiciously moved from a USG-linked address ; 0xc9E6E51C7dA9FF1198fdC5b3369EfeDA9b19C34c to an attacker 0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f.
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”0xc9E received USG seized funds linked to the Bitfinex hackers from 9 separate USG seizure addresses, including 0xE2F699AB099e97Db1CF0b13993c31C7ee42FB2ac, an address named in the court documents relating to the Bitfinex seizure. The funds were moved to wallet 0x348 which has begun selling the funds to ETH.
”We believe the attacker has already begun laundering the proceeds through suspicious addresses linked to a money laundering service.” Arkham tweeted.
In another Hacking development, Arkham Intelligence revealed a court document from the case against Bitfinex hackers Ilya Lichtenstein and Heather Rhiannon Morgan. The case references Aave, Curve Finance, and Yearn Finance, as well as the “0xE2F” wallet. According to the document, it states:
”Approximately 1,999,723.976 in tether (USDT) contained within Yearn Finance Liquidity Pool address 0xaC8, approximately 3,689,545.195 USDT contained within Yearn Finance Liquidity Pool address 0xE2F, and approximately 1,700,000 USDT contained within Yearn Finance Liquidity Pool address [0x681].”
“The funds were moved to wallet 0x348 which has begun selling the funds to ETH,”
“We believe the attacker has already begun laundering the proceeds through suspicious addresses linked to a money laundering service,” Arkham added
These two cases are the latest and ongoing cases of hacks in the crypto industry as pointed out by Arkham intelligence.
There has been no official comment from US authorities over the Hack that occurred on Wallets linked to the US government.
US Government-linked wallet loses $20 million in suspected hack
International
Moscow attacks Ukraine with drones, missiles
Moscow attacks Ukraine with drones, missiles
Kyiv said Tuesday that Russia had launched a barrage of drones and missiles across Ukraine, conceding that there were successful strikes in the east of the country and near the capital.
Authorities did not elaborate on what had been hit but in the wider Kyiv region, the governor said debris from a downed projectile had damaged a private home and wounded a woman.
Moscow said its forces had used attack drones and precision weapons in a “combined” assault on a military airfield and a munitions production facility, claiming that the targets were struck.
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The Ukrainian air force said Russia had launched 21 missiles of various types and 40 drones in the barrage, adding that seven missiles and 16 unmanned aerial vehicles were downed.
“As a result of the Russian attack, there were ballistic missile hits in Sumy and Kyiv regions,” the air force said.
Russia has launched aerial attacks on Ukraine at night almost every day since its forces invaded in February 2022, targeting military and civilian infrastructure, too, like energy facilities.
Ukraine has stepped up its own drone and missile attacks inside Russian territory in response, and urged its Western allies to supply more air defence systems.
A Ukrainian drone attack in western Russia caused a fuel spill and fire at an oil depot, a Russian regional governor said earlier Tuesday.
Moscow attacks Ukraine with drones, missiles
International
Catholic priest sentenced to 11 years for criticising his president
Catholic priest sentenced to 11 years for criticising his president
A Catholic priest in Belarus on Monday was convicted on charges of high treason for criticising the government and handed an 11-year sentence, in the first case of politically-driven charges against Catholic clergy since Belarus became independent after the Soviet Union collapsed in 1991.
The conviction and sentencing of Rev. Henrykh Akalatovich comes as Belarusian authorities have intensified their sweeping crackdown on dissent ahead of the Jan. 26 presidential election that is all but certain to hand authoritarian President Alexander Lukashenko a seventh term in office.
The Viasna Human Rights Centre said Akalatovich, 64, rejected the treason charges. The group has listed him among 1,265 political prisoners in the country.
“For the first time since the fall of the Communist regime, a Catholic priest in Belarus was convicted on criminal charges that are levelled against political prisoners,” said Viasna’s representative Pavel Sapelka. “The harsh sentence is intended to intimidate and silence hundreds of other priests ahead of January’s presidential election.”
Akalatovich, who has been in custody since November 2023, was diagnosed with cancer and underwent surgery just before his arrest. The priest from the town of Valozhyn in western Belarus, who was critical of the government in his sermons, has been held incommunicado, with prison officials turning down warm clothing and food sent to him.
Arkatovich is among dozens of clergy — Catholic, Orthodox and Protestant — who have been jailed, silenced or forced into exile for protesting the 2020 election that gave Lukashenko a sixth term. The disputed vote that the opposition and the West said was marred with fraud triggered mass protests,. The authorities then responded with a sweeping crackdown that saw more than 65,000 arrested and thousands beaten by police.
Catholic and Protestant clergy who supported the protests and sheltered demonstrators at their churches were particularly targeted by repressions. Belarusian authorities openly seek to bring the clergy into line, repeatedly summoning them for “preventive” political talks, checking websites and social media, and having security services monitor sermons.
While Orthodox Christians make up about 80% of the population, just under 14% are Catholic and 2% are Protestants.
Lukashenko, who has ruled Belarus for nearly 30 years and describes himself as an “Orthodox atheist,” lashed out at dissident clergy during the 2020 protests, urging them to “do their jobs,” and not fuel unrest.
Lukashenko is one of Russian President Vladimir Putin’s closest allies, allowing Russia to use his country’s territory to send troops into Ukraine in February 2022 and to deploy some of its tactical nuclear weapons in Belarus.
Catholic priest sentenced to 11 years for criticising his president
International
Second South Korea Jeju Air flight suffers landing problem
Second South Korea Jeju Air flight suffers landing problem
A Jeju Air flight from Seoul on Monday was forced to return after encountering a landing gear problem, the airline said, a day after South Korea’s most deadly plane crash.
The Boeing 737-800 involved in the latest incident was the same model as the Jeju Air plane that crashed on Sunday killing 179 people after coming down without its landing gear engaged.
Jeju Air Flight 7C101, which departed Seoul’s Gimpo International Airport for Jeju island “at around 6:37 am, returned to Gimpo at 7:25 am” after a landing gear issue was detected shortly after takeoff, the South Korean airline said.
“Shortly after takeoff, a signal indicating a landing gear issue was detected on the aircraft’s monitoring system,” Song Kyung-hoon, head of the management support office at Jeju Air, told a news conference.
“At 6:57 am, the captain communicated with ground control, and after taking additional measures, the landing gear returned to normal operation. However, the decision was made to return to the airport for a thorough inspection of the aircraft.”
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Local media reported that 21 passengers chose not to board an alternate flight to Jeju, citing concerns over safety and other reasons.
Jeju Air’s 41 plane fleet includes 39 Boeing 737-800 aircraft.
Seoul said on Monday it would conduct a special inspection of all 101 Boeing 737-800 planes in operation in the country, with US investigators, possibly including from plane manufacturer Boeing, joining the probe into the crash.
“We are reviewing plans to conduct a special inspection on B737-800 aircraft,” said Joo Jong-wan, head of the aviation policy bureau at the South Korean transport ministry.
Joo added that the government plans to “implement rigorous aviation safety inspections in response to the (landing gear) incidents”.
In Sunday’s crash at Muan, the Boeing 737-800 carrying 181 people from Thailand to South Korea made a mayday call and belly-landed before crashing into a barrier and bursting into flames.
Everyone on board Jeju Air Flight 2216 was killed, save two flight attendants pulled from the wreckage.
Second South Korea Jeju Air flight suffers landing problem
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