Tag: Scams
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 [...]
Etherscan Reconfigures Blockchain Explorer Settings to Filter Out Potential Scams
The blockchain explorer will now hide zero-value token transfer displays on its website by default. The setting aims to prevent users from becoming vi [...]
Polygon to help fight NFT scams with Web3 infra protocol partnership
Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), has officially partnered with layer-2 s [...]
What are gift card scams, and how to avoid them?
Gift card scams are fraudulent activities where scammers trick people into purchasing gift cards and providing them with information such as the card [...]
Is your forex trading fund a safe investment? – The Star Online
Is your forex trading fund a safe investment? The Star Online
www.thestar.com.my [...]
Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Some countries around the world suffered bigger financial losses to cryptocurrency scams despite a massive bear market in 2022.Losses from crypto scam [...]
Bitcoin ATM firm profited from crypto scams via unlicensed kiosks: Secret Service
A Bitcoin (BTC) technology firm and its executives have been indicted for allegedly operating unlicensed crypto kiosks in Ohio which knowingly benefit [...]
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
The report looks into a particular case of one ransomware strain, Deadbolt, which was active in 2022. Unlike the most infamous ransomware groups like [...]
Australia bolsters crypto watchdogs in ”multi-stage’ plan to fight scams
The Australian government is bolstering its market regulator's digital asset team as part of a “multi-stage approach” aimed at clamping down on crypto [...]
Developers seek solutions for Web3-related scams from internet browsers
A big concern for users in decentralized finance (DeFi) is its susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 b [...]
Navigating the World of Crypto: Tips for Avoiding Scams
Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to att [...]
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
Arcaro is not the only BitConnect bigwig to face consequences for his role in the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on [...]
No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm
The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to [...]