Once again, Ether (ETH) is facing the impact of a move being made by a hacker who had stolen funds from the FTX exchange. Hackers Drained More than $450 Million Just when the FTX exchange announced its bankruptcy, a hacker made an attempt again at the FTX and FTX USA exchanges. He was successful in … Read more
A group of fraudsters actively involved in defrauding people by launching Ponzi crypto schemes was exposed by the National Police of Ukraine (NPU). NPU revealed that the network was operating through multiple offices, established several customer service centers, and employed thousands of people mainly from the EU member states. International Criminal Organization Busted In Ukraine … Read more
A security alert has recently been issued by 3Commas, an automated cryptocurrency trading bot provider. The alert was issued by 3Commas following the identification of certain FTX API keys. The provider has reported that the particular keys are being used by exploiters in order to perform trades. The data provided by 3Commas confirms that the … Read more
The Miami Field Office for the US Bureau of Investigation issued scam warnings for crypto ATMs, which allow users to withdraw cash in exchange for cryptocurrencies. According to their report, the ATMs are becoming a tool for crypto scammers to get funds from victims. The public was given this information as part of a great … Read more
The law enforcement authorities in South Korea are very serious about getting their hands on Do Kwon, the founder of the Terra Network. Prosecutors Ask Interpol to Intervene The prosecutors in South Korea are also aiming to bring Do Kwon to court to question him about the Terra Network’s dilemma that took place in May … Read more
CoinGecko and Etherscan, well-known venues for crypto analytics, have simultaneously released alerts confronting the continuous phishing assaults targeting them. The companies started investigating the assault after several consumers reported unfamiliar MetaMask pop-ups by which they were requested to get their wallets linked to the website. Having the data provided on the behalf of the analytics … Read more
Do Kwon and his team continue the battle to restore normalcy to the Terra network following the crash of the network’s algorithmic stablecoin and native token. LUNA’s price crashed so hard that it now trades for pennies, while the TerraUSD stablecoin (UST) lost its USD peg and now trades at $0.0625, according to the current … Read more
PayBack Ltd Review Unfortunately, you might encounter scammers when in your online undertakings. Though no one dreams about such experiences, you are always vulnerable when using the internet. You might have had various cases of individuals losing money or data to untrusted individuals. However, can you recover money lost to scammers? You may need to … Read more
The DOJ (Department of Justice) of the United States is leveling accusations against a crypto mining firm’s CEO for operating a worldwide investment scam project. As per a statement issued on the behalf of the DOJ, the founder as well as the chief executive of MCC (Mining Capital Coin), told a lie to the investors … Read more
OpenSea (a prominent marketplace for NFT) underwent a server hack on its chief Discord channel and the hackers posted false declarations of collaboration with YouTube. On Friday, a posted screenshot presented the news of the fake collaboration, along with a link directing to a phishing site. The formal Twitter account of OpenSea Support posted a … Read more
Crypto companies in the United Kingdom are starting to take away the professional cybercrime police to guarantee their measures for regulatory compliance, as per a report published by Bloomberg. The National Police Chiefs’ Council, an entity responsible for representing the entirety of the police officers throughout the United Kingdom, asserts that the professional cybercrime policemen … Read more
Kevin Thomas – a Senator from New York State – proposed a unique bill modification request specifying particular offenses dealing with rug pulls as well as the rest of the frauds concerning the distribution of virtual assets, misuse of private keys as well as hidden interests related to crypto projects. Senator Thomas drafted the bill … Read more
A credit-based protocol for stablecoins, Beanstalk Farms, was exploited for nearly $76 million worth in cryptocurrency on 18th April. The platform has asserted to provide a reward of up to 10% to the offenders in return for the swindled funds. The platform informed the attackers about the offer on its official Twitter account through an … Read more
Notwithstanding the security policy of Kraken, the fraudsters are devising new strategies to exploit the elderly and vulnerable investors, as stated by Curtis Ting (a former agent from the FBI and presently working as the crypto exchange named Kraken’s Senior Director). He cautioned the investors that they should be extra careful while trading the digital … Read more
Nowadays, drugs, crypto as well as the rest of the prohibited products are moving ahead in collaboration. The Australian police as well as the US federal authorities have partnered up to suspect a team of individuals who were allegedly been involved in narcotics distribution as well as money laundering. The persons having the ages of … Read more
Miami, a city considered to have a crypto-friendly mayor as well as laws, has witnessed one among the considerably forceful crackdowns on the cybercriminals that utilize Bitcoin. Nearly $34M worth in crypto was confiscated by the federal prosecutors from a person belonging to Florida’s southeastern part. The BTC funds were collected by a citizen from … Read more
In a strange move, the Miami Fed has announced the seizure of $35M worth of BTC (about 710 BTC using the rate as of this writing). The BTC was seized from a Parkland resident who is allegedly receiving BTC payments for selling users’ private data. Selling User Data Illegally To Earn BTC The accused had … Read more
Users who have recently been affected by the attack on the Binance Smart Chain are now in relief, as the British Police have successfully managed to claim and start returning the stolen crypto assets. Regarding an update on the recent scam attack on the Binance Smart Chain, the British Police successfully managed to recover the … Read more
The DOJ (Department of Justice) has taken measures against an accused rug pull of NFTs (non-fungible tokens) following it whacked the founders of an NFT project called Frosties with allegations taking account of money laundering as well scam. The duo founders have been charged with purposefully hiding the identities to execute the rug pull on … Read more
Decentralized Finance Protocol, Deus Finance faces a multimillion-dollar exploit that has led to the changing of its price oracle named, Muon. Deus Finance, a protocol that is heavily influenced by the DeFi space has recently experienced a major loss of about $3Million, due to an exploit that was discovered on the platform. According to recent … Read more
