China-Based Hacker Group Steals $7M in Crypto via Wallet Supply Chain Attacks

TheNewsCrypto2026-03-18 tarihinde yayınlandı2026-03-18 tarihinde güncellendi

Özet

A Chinese hacker group operating under the name Wuhan Anshun Technology has been accused of stealing approximately $7 million in cryptocurrency through supply-chain attacks targeting users of wallets like Trust Wallet. The group used malicious browser extensions and compromised Electron-based apps to collect wallet information and transfer funds, primarily on Ethereum, BNB Chain, and Arbitrum. Details emerged after an internal member leaked information due to disputes over profit sharing, releasing evidence and expressing intent to surrender to authorities. While the case remains unconfirmed by officials, it highlights significant security risks in crypto software. Experts advise caution when updating or installing wallet-related tools.

A Chinese hacker collective has been charged with stealing about $7 million in cryptocurrency by using supply-chain attacks to target users of cryptocurrency wallets. According to reports, the group claimed to be a security services provider while operating under the name Wuhan Anshun Technology. On the other hand, members were allegedly conducting illicit operations to pilfer cryptocurrency assets. Wallets like Trust Wallet and other platforms are thought to have been targeted by the attackers.

How the Group works

The group works by using malicious browser extensions and compromised Electron-based apps with remote access tools. They helped collect wallet information and transfer funds. It mainly targeted blockchains such as Ethereum, BNB Chain, and Arbitrum.

The details of the operation came out after a member of the group leaked information. The person claimed there was a disagreement over profit sharing and unpaid compensation. After the disagreement, the individual reportedly released evidence of the operation and said they plan to surrender to authorities. Authorities have not officially confirmed the case, and no formal investigation details have been released so far.

This incident demonstrates that the software and tools used with the wallets are also risky. Experts advise exercising caution when updating software and refraining from installing unknown updates. The case highlights growing risks in crypto security, even though the claims have not yet been verified.

Highlighted Crypto News:

Juliana Stratton Defeats Crypto-Backed Krishnamoorthi in Illinois Senate Primary

TagsBlockchainchinaCryptocurrency

İlgili Sorular

QWhat is the name of the Chinese hacker group accused of stealing $7 million in cryptocurrency?

AThe group operated under the name Wuhan Anshun Technology.

QHow did the hacker group primarily carry out their attacks to steal cryptocurrency?

AThey used malicious browser extensions and compromised Electron-based apps with remote access tools.

QWhich specific blockchains were the main targets of this hacking group's attacks?

AThe group mainly targeted Ethereum, BNB Chain, and Arbitrum.

QWhat event led to the public disclosure of the group's operation details?

AA member of the group leaked information due to a disagreement over profit sharing and unpaid compensation.

QWhat precautionary advice do experts give in light of this incident?

AExperts advise exercising caution when updating software and refraining from installing unknown updates.

İlgili Okumalar

Participants in XRP Fraud Scheme That Stole $9 Million from 71 Investors Arrested

South Korean police have arrested three individuals accused of operating a fraudulent investment platform that stole approximately 3.4 million XRP (worth about $9 million) from 71 investors between October 16 and 23. The suspects promoted the site Fxrpntwork.com through blogs, online articles, and YouTube videos, promising guaranteed principal and monthly returns of 1.5% to 1.8%. Investors were instructed to transfer XRP from Korean exchanges to overseas platforms and then to wallets controlled by the group before the site was shut down. The scammers copied the branding of legitimate projects Flare Network and FXRP to appear credible. Authorities warn that such impersonation frauds, which use familiar branding and urgent promises of guaranteed profits, are a common red flag. Legitimate companies do not solicit cryptocurrency transfers through unsolicited promotions. Seoul police have issued an Interpol Red Notice for a fourth suspect abroad and are investigating others involved in creating and promoting the fraudulent website. While investigators froze 17.3 billion won in assets, approximately 10 billion won was moved during the probe, with wallet analysis revealing transfers totaling 27.3 billion won, suggesting there may be additional unidentified victims and accomplices. The case underscores the organized, cross-border nature of crypto investment fraud.

cryptonews.ru4 dk önce

Participants in XRP Fraud Scheme That Stole $9 Million from 71 Investors Arrested

cryptonews.ru4 dk önce

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

Michael Saylor, Executive Chairman of Strategy (MSTR), confirmed that the dividend rate for its STRC perpetual preferred shares will remain at 12.00% through August 2026. The rate has increased from 9% at its July 2025 launch to the current high via a "ratchet" mechanism, which permanently raises the rate by 0.5% whenever the share price falls below $95. This mechanism is intended to push the price back toward its $100 par value and support Strategy's "at-the-market" (ATM) program for issuing new shares to fund Bitcoin purchases. However, the mechanism has not worked as intended. STRC shares closed at $89.46 on July 31, remaining about 10-11% below par value despite the record-high dividend. Competition from rival Strive's higher-yielding SATA securities has pressured demand. The persistent discount has forced Strategy to suspend new STRC issuances via its ATM program, limiting this funding channel for Bitcoin acquisitions. STRC's struggles reflect Bitcoin's own volatility, as the preferred shares historically move in tandem. Analysts have warned the ratchet structure carries long-term, one-way risk. A law firm is investigating Strategy's ability to maintain dividend payments if Bitcoin's price stays low. Retail investors own roughly 83% of outstanding STRC shares, a group seen as prone to panic selling during downturns. In response, Strategy has established financial reserves, including a liquidity cushion covering about 26 months of dividend/interest obligations, and a $2 billion share buyback program alongside a Bitcoin monetization framework, though the company emphasized it is not obligated to sell any Bitcoin.

cryptonews.ru44 dk önce

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

cryptonews.ru44 dk önce

İşlemler

Spot
活动图片