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Grinex Exchange Collapses Following $13.7M Cyber Attack, Cites Western Intelligence Involvement

Key Findings Kyrgyzstan-based crypto exchange Grinex shut down operations after suffering a $13.7 million cyber heist on April 15, 2026 The exchange blamed Western intelligence agencies for the attack, claiming it showed "unprecedented level of resources and technology" Stolen funds belonged to Russian users, with over 1 billion rubles taken from customer wallets Hackers quickly converted stolen USDT to TRX or ETH to prevent Tether from freezing the assets Grinex is believed

Apr 183 min read

$285 Million Drift Hack: Inside the Six-Month North Korean Social Engineering Campaign

Key Findings North Korean state-sponsored hacking group UNC4736 orchestrated a six-month social engineering campaign against Drift, culminating in the theft of $285 million on April 1, 2026 The operation began in fall 2025 with actors posing as a quantitative trading firm, using in-person meetings at cryptocurrency conferences across multiple countries to build trust with Drift contributors UNC4736 is also tracked as AppleJeus, Citrine Sleet, Golden Chollima, and Gleaming Pis

Apr 53 min read

North Korean-Linked Hackers Drain $285M From Drift Protocol in Sophisticated Exploit

Key Findings Drift Protocol lost $285 million in a sophisticated attack attributed to North Korean-linked hackers on April 1, 2026 Attackers used durable nonce accounts to pre-sign transactions and compromised multisig approvals to gain admin control The operation involved multi-week preparation with staged execution across multiple phases Stolen funds were rapidly drained from multiple vaults within seconds and laundered across wallets This marks the 18th confirmed North Kor

Apr 33 min read