Tag: Scams
$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks, and rug pulls amounted to $656 m [...]
Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising [...]
Over $204M was lost in Q2 DeFi hacks and scams: Report
Over $204 million was lost in decentralized finance (DeFi) hacks and scams in the second quarter of 2023, according to a June 27 report from Web3 port [...]
Australian banks claim 40% of scams ‘touch’ crypto as it defends restrictions
Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against [...]
Crypto scams are going to ramp up with the rise of AI
With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scam [...]
Breaking down the ongoing token impersonation scams with DeFi execs
Decentralized Finance (DeFi) protocol Tres Finance warned the community about a scam that involves fake tokens designed to mimic legitimate transactio [...]
How security, education and regulation can mitigate rising crypto scams
Crypto losses to bad actors have significantly increased in the last two years, but cybersecurity experts believe there is no cause for concern, as mo [...]
Remand extended for 77 suspects over forex scams
KUALA LUMPUR: The remand for 77 people suspected to be members of a [...]
Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.
www.coindesk.com [...]
From memes to multibillion-dollar pumps, scams and rug pulls
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a c [...]
Binance Australia partner hints at rising ‘scams’ after debanking exchange
The "third party payments provider" for Binance Australia, Cuscal hinted toward the impact of “scams and fraud" as it relates to "account fraud, ID ta [...]
Can you recover stolen Bitcoin from crypto scams?
The process of recovering stolen Bitcoin (BTC) from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies has led to an in [...]
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto p [...]
YouTube helps recover hacked channel that attempted XRP crypto scams
Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptoc [...]
Australian crypto scams increased by over 162% with nearly $150M lost
Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% incre [...]