Coinbase is the Top Target for Crypto Scammers, Report Says
A recent survey reveals that Coinbase is the most impersonated brand by scammers in the crypto space. Among all U.S. crypto firms, Coinbase is the...
Tag : Crypto scams
Cryptocurrency Hacks Rise as Attack Methods Evolve
by Chloe Taylor
Cryptocurrency hacks are on track for a record year in 2024, potentially surpassing their 2023 achievements. In the first quarter alone, hackers stole digital assets...
Beware of Job Scams Demanding Crypto Payments, FBI Warns
by Anna Garcia
The United States Federal Bureau of Investigation (FBI) has issued a stark warning about a surge in work-from-home job scams that demand cryptocurrency payments from...
Binance Co-founder Denies $1M Crypto Loss Platform Breach
Yi He, co-founder of Binance, refuted allegations of a security breach on the platform leading to the loss of $1 million in cryptocurrency from a...
DOJ Arrests Alleged Mastermind of Botnet Scam
by Cheryl Lee
In a significant development in the fight against cybercrime, the U.S. Department of Justice (DOJ) has announced the arrest of Yune Wang, a 35-year-old individual...
Pink Drainer Retires After $85 Million Crypto Heist
Pink Drainer, a notorious crypto-wallet draining kit, has announced its retirement after achieving its goal of pilfering over $85 million in cryptocurrency assets. The announcement...
Binance Creates ‘Antidote’ to Combat Address Poisoning Scams
by Robert Paul
Binance’s security experts have created a groundbreaking algorithm designed to combat the rising threat of address poisoning scams in the cryptocurrency sector. Address poisoning, or...
North Korea Allegedly Laundered $150 Million via Tornado Cash
by Cheryl Lee
Entities representing the North Korean regime reportedly laundered nearly $150 million in stolen cryptocurrency assets through the privacy protocol Tornado Cash, reveals a leaked confidential...
Crypto Industry Faces Regulatory Scrutiny
by Eva Moore
The influx of new investors into the crypto industry has propelled adoption but has also raised concerns among regulators regarding market manipulation and investor protection....
WBTC Funds from $71 Million Scam on the Move After Six Days
by Anna Garcia
After six days of inactivity, stolen cryptocurrency money associated with a recent $71 million wallet impersonation scam have begun to move. On May 3, an...