crypto scams

is-your-crypto-safe?-trezor-addresses-concerns-over-hack,-claims-“sophisticated-phishing-scam”
Posted by | March 22, 2024
Is Your Crypto Safe? Trezor Addresses Concerns Over Hack, Claims “Sophisticated Phishing Scam”

On March 19, Trezor’s X suffered a security breach that exposed the account’s 200,000 followers to a fake crypto presale. After the alarms were raised, most crypto users stayed vigilant...

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crypto-gaming-platform-playdapp-hit-by-double-exploits,-losing-$290-million-in-massive-breach
Posted by | February 14, 2024
Crypto Gaming Platform PlayDapp Hit By Double Exploits, Losing $290 Million In Massive Breach

Crypto gaming platform PlayDapp has been the victim of a series of breaches, resulting in the loss of millions of dollars worth of PLA tokens. Blockchain analytics firm Elliptic has...

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Posted by | February 9, 2024
Crypto Investment Scam: Kansas Banker Arrested For Embezzling $47 Million In Funds

According to a Bloomberg report, the former chief executive officer of a Kansas bank has been charged with embezzling $47.1 million from the institution to purchase crypto assets.  The Heartland...

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Posted by | January 28, 2024
Founders of Alleged $575,000,000 Crypto Fraud To Be Extradited to US From Estonia: Report

Estonia reportedly decided on Thursday to hand over to the United States two of its citizens for their alleged involvement in a $575 million cryptocurrency fraud and money laundering scheme....

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Posted by | January 27, 2024
CFTC Issues Warning On AI-Driven Crypto Scams Exploiting Arbitrage Trading Strategies

In a recent consumer alert, the Commodity Futures Trading Commission (CFTC) warned about the proliferation of scams leveraging artificial intelligence (AI) to lure unsuspecting individuals into fraudulent crypto investment schemes. ...

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Posted by | January 11, 2024
Massive Solana Heist: CLINKSINK Drainer Campaigns Swipe Nearly $1M Worth Of SOL

In a recent report released by Mandiant, a threat intelligence and cybersecurity company, alarming details have emerged about the widespread exploitation of Solana users through a campaign known as CLINKSINK. ...

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Posted by | January 4, 2024
Crypto Fraud Unveiled: $1.3B Loss As Chuck Norris-Endorsed CEO Turns Out To Be Illusion

In a recent investigation by The Guardian, alarming details have emerged regarding a crypto project, HyperVerse, that allegedly lost $1.3 billion of investors’ funds.  The report reveals that the chief...

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Posted by | December 15, 2023
Meta Reaches Settlement With Qatari Billionaire In Crypto Scam Ad Case

According to a report by the Financial Times, Meta (formerly known as Facebook ) has publicly apologized to Qatari billionaire Wissam al Mana and pledged to provide additional safeguards after...

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Posted by | November 26, 2023
Inferno Drainer says it’s shutting down after helping steal $70M in crypto

“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer. 3137 Total views 4 Total shares Inferno Drainer, one of the...

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hackers-exploit-new-feature-to-bypass-security-alerts-–-report
Posted by | November 12, 2023
Hackers Exploit New Feature To Bypass Security Alerts – Report

In a concerning trend, hackers, specifically wallet drainers, have begun to leverage the CREATE2 opcode on the Ethereum network to sidestep security measures in select wallets. This development was revealed...

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