Scam

Hacker Forfeits $21,849,087 Worth of Bitcoin to Feds, Sentenced to 20 Years in Prison

A Canadian hacker is forfeiting tens of millions of {dollars} price of Bitcoin (BTC) to the U.S. authorities whereas going through a multi-decade jail sentence. In accordance with a brand new press release from the Division of Justice (DOJ), 35-year-old Sebastian Vachon-Desjardins has been sentenced to twenty years in jail for his function within the …

Hacker Forfeits $21,849,087 Worth of Bitcoin to Feds, Sentenced to 20 Years in Prison Read More »

DeFiYield REKT list reveals 18% decrease in lost DeFi funds during September totaling $170M

DefiYield, the DeFi investing and yield farming platform, tracks exploited initiatives throughout the DeFi ecosystem via its REKT database. Since January 2022, it has tracked over $60 billion in misplaced or stolen funds throughout 1,195 occasions, together with Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered all through the …

DeFiYield REKT list reveals 18% decrease in lost DeFi funds during September totaling $170M Read More »

Web3 ecosystem lost over $428M to hacks, scams in Q3 – Immunefi

The web3 ecosystem misplaced over $428.7 million to 39 exploits within the third quarter — down 62.9% in comparison with over $1 billion misplaced in the identical interval of 2021.  The Nomad Bridge and Wintermute hacks account for 79.85% — $350 million — of all recorded losses. Main Bug bounty agency Immunefi detailed in its Crypto …

Web3 ecosystem lost over $428M to hacks, scams in Q3 – Immunefi Read More »

Crypto giants criticize Twitter on scam, bot accounts impersonating them

Stakeholders within the crypto neighborhood are complaining concerning the prevalence of rip-off bots accounts on Twitter, urging the social media web site to discover a answer to the menace. Ripple’s (XRP) CEO Brad Garlinghouse shared a mail the place the social media platform refused to dam an account impersonating him, saying the account was “not …

Crypto giants criticize Twitter on scam, bot accounts impersonating them Read More »

Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

The co-founder of Ethereum (ETH) says the implosion of stablecoin issuer Terra (LUNA) earlier this yr dealt an enormous blow to the decentralization of crypto. In an interview with The New York Instances, Vitalik Buterin says decentralization within the crypto house has been progressing in the proper path because the epic collapse of defunct digital …

Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin Read More »

ZachXBT alleges crypto influencer Lark Davis made over $1M dumping crypto projects

Self-proclaimed on-chain sleuth ZachXBT alleged that fashionable crypto influencer Lark Davis remodeled $1 million whereas selling low-cap crypto initiatives and dumping them on his followers in a Sept. 29 Twitter thread. 1/ An investigation into how crypto influencer @thecryptolark promotes low cap initiatives to his viewers simply to dump on them shortly after. Let’s dive in. …

ZachXBT alleges crypto influencer Lark Davis made over $1M dumping crypto projects Read More »

Prosecutors Say Embattled Terra (LUNA) Founder Do Kwon Now on Interpol Red Notice: Report

The worldwide policing group Interpol is formally requesting that regulation enforcement worldwide assist find and arrest the embattled Terra (LUNA) founder Do Kwon, in response to a brand new report. Bloomberg notes that South Korean prosecutors in Seoul confirmed Interpol has positioned a “pink discover” on Kwon. The prosecutors requested the motion earlier this month …

Prosecutors Say Embattled Terra (LUNA) Founder Do Kwon Now on Interpol Red Notice: Report Read More »

U.S. Treasury Department Asks for Public Opinion on Potential Risks of Digital Assets

The U.S. Treasury Division is asking the general public for his or her opinions on how one can deal with the potential dangers of crypto belongings. In a newly revealed document, the Treasury Division is asking the overall inhabitants how they really feel in regards to the illicit use of crypto belongings and what steps …

U.S. Treasury Department Asks for Public Opinion on Potential Risks of Digital Assets Read More »

Canadian Crypto King’s assets confiscated as investors try to recoup millions entrusted to him

A 23-year-old self-proclaimed “Crypto King” from Ontario had $2 million in property confiscated as his traders scramble to recoup hundreds of thousands of funds allegedly paid to him and his firm, in response to a Sept. 20 CBC report. Collectors are working earnestly to research the place the funds of not less than $35 million …

Canadian Crypto King’s assets confiscated as investors try to recoup millions entrusted to him Read More »

DeFi CEO Attempts Negotiation As $160,000,000 Goes Missing From Crypto Platform

The chief govt of a just lately hacked decentralized finance (DeFi) platform is making an attempt to barter with presumed hackers after a $160 million assault. The Wintermute DeFi platform was recently hacked and noticed $160 million price of crypto belongings vanish. Based on blockchain safety agency PeckShield, a considerable amount of stablecoins, plus some Ethereum …

DeFi CEO Attempts Negotiation As $160,000,000 Goes Missing From Crypto Platform Read More »

The Better Business Bureau warned about crypto investment scams on TikTok

The Higher Enterprise Bureau (BBB) published a weblog publish on Sept. 17 to warn individuals about cryptocurrency scams that promise near-instantaneous funding returns on Tiktok. Scammers focusing on TikTok customers The BBB defined that malicious TikTok scammers perform crypto scams by luring unwitting customers with a video depicting a pile of money they earned by …

The Better Business Bureau warned about crypto investment scams on TikTok Read More »

Terra (LUNA) Founder Do Kwon Denies He’s on the Run After South Korean Authorities Issue Arrest Warrant

Terra (LUNA) founder Do Kwon has denied that he’s evading authorities regardless of statements from South Korean prosecutors claiming the opposite. Bloomberg lately reported that warrants had been issued to Kwon and 5 others who had been charged with violations of South Korea’s capital markets regulation. The embattled Terraform Labs founder tells his a million …

Terra (LUNA) Founder Do Kwon Denies He’s on the Run After South Korean Authorities Issue Arrest Warrant Read More »

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The U.S Treasury Division’s Workplace of International Property Management (OFAC) is taking motion in opposition to a ransomware group concentrating on people and corporations in america by including related individuals and their properties to the Specifically Designated Nationals and Blocked Individuals Checklist (SDN). In a statement, the Treasury Division says that it’s sanctioning the ransomware …

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware Read More »

South Korean Authorities Seeking Terra (LUNA) Founder Do Kwon With Arrest Warrant: Report

A court docket in South Korea is issuing an arrest warrant for Terraform Labs founder Do Kwon following the collapse of the cryptocurrency Terra (LUNA) and algorithmic stablecoin TerraUSD (UST). Citing data from the prosecutor’s workplace, Bloomberg reports that warrants had been issued to Kwon and 5 others who had been charged with violations of …

South Korean Authorities Seeking Terra (LUNA) Founder Do Kwon With Arrest Warrant: Report Read More »

US Treasury Department blacklists Bitcoin addresses linked to Iran ransomware group

The U.S. Division of the Treasury has blacklisted seven Bitcoin wallet addresses linked to members of Iran’s Islamic Revolutionary Guard Corps (IRGC). The division mentioned in a Sept. 14 press release that the Iran-based malicious cyber actors have launched ransomware assaults in opposition to the U.S. since 2020. The group is alleged to have attacked …

US Treasury Department blacklists Bitcoin addresses linked to Iran ransomware group Read More »

Dutch police arrest suspected Bitcoin thief by tracing transactions on blockchain

The Dutch police arrested a 39-year-old man within the Netherlands on Sept. 6 for allegedly stealing Bitcoin price tens of thousands and thousands of {dollars}, in line with a statement by Dutch authorities. Upon the arrest, the police raided his residence and seized his information carriers and cryptocurrency income. He stays a suspect, and investigations …

Dutch police arrest suspected Bitcoin thief by tracing transactions on blockchain Read More »

Brother of Former Coinbase Executive Pleads Guilty to Crypto Wire Fraud Insider Trading Charge: Report

One of many suspects within the first ever insider buying and selling case involving crypto belongings is reportedly pleading responsible to a scheme that allegedly introduced him and his co-conspirators $1.5 million in illicit income. In accordance with a brand new report by Reuters, Nikhil Wahi pleaded responsible to a wire fraud conspiracy cost throughout …

Brother of Former Coinbase Executive Pleads Guilty to Crypto Wire Fraud Insider Trading Charge: Report Read More »

US lawmakers warn that Facebook, Instagram are ‘becoming breeding ground’ for crypto scams

U.S. Senators have known as on Meta CEO Mark Zuckerberg to element insurance policies his firm is utilizing to handle the rising instances of crypto scams on Fb and Instagram, The Washington Put up reported on Sept. 9. The lawmakers made the decision as a current report by the Federal Commerce Fee (FTC) reveals that …

US lawmakers warn that Facebook, Instagram are ‘becoming breeding ground’ for crypto scams Read More »

Chainalysis and Law Enforcement Seize $30,000,000 Worth of Crypto Stolen in Axie Infinity (AXS) Hack

A blockchain information platform firm says about $30 million from the $600 million hack of Axie Infinity (AXS) in March is now within the palms of regulation enforcement. North Korean-linked hackers, referred to as the Lazarus Group, are accountable for the theft from the net blockchain-based online game Axie Infinity, says Erin Plante, senior director …

Chainalysis and Law Enforcement Seize $30,000,000 Worth of Crypto Stolen in Axie Infinity (AXS) Hack Read More »

Australia creates special crypto police unit to crack down on money laundering

Amid an increase in cryptocurrency-related crimes, Australia’s Federal Police has arrange a brand new cryptocurrency unit to crack down on cash laundering, the Australian Monetary Evaluation reported on September 5. The brand new crypto-focussed unit was arrange in August after illicit use of crypto elevated considerably since 2018, in accordance with Australian Federal Police (AFP) …

Australia creates special crypto police unit to crack down on money laundering Read More »

Shiba Inu burns almost 50% of initial supply; Binance ends support for USDC

The largest information within the cryptoverse for Sept. 5 contains Binance ceasing assist for USDC, Michale Saylor calling Bitcoin Lightning Community a very powerful know-how and FatManTerra tricking his followers with a pretend funding scheme. CryptoSlate Prime Tales Binance will cease supporting USDC, sure different stablecoins by Sept. 29 Binance will reportedly stop assist for …

Shiba Inu burns almost 50% of initial supply; Binance ends support for USDC Read More »

Binance CEO Changpeng Zhao Says Crypto Titan Has Unmasked Two Suspects Involved in $265,000 DeFi Hack

Crypto alternate big Binance says it has recognized the unhealthy actors suspected to be behind the hack of decentralized alternate (DEX) KyberSwap. The perpetrators allegedly injected malicious script on KyberSwap’s Google Tag Supervisor (GTM) on September 1st, enabling them to maneuver customers’ funds. Kyber says that it managed to neutralize the exploit however not earlier …

Binance CEO Changpeng Zhao Says Crypto Titan Has Unmasked Two Suspects Involved in $265,000 DeFi Hack Read More »

FatManTerra educates community on crypto scams by creating fake investment scheme

Crypto Influencer FatManTerra refunded over $100,000 obtained from crypto customers seeking to purchase into his “made-up” funding scheme that was a canopy for sending an academic message to the group on crypto scams. FatMan took to Twitter to trick his followers by pitching a pretend funding scheme. He needed to gauge their response to crypto …

FatManTerra educates community on crypto scams by creating fake investment scheme Read More »

UK judge rules to extradite Christopher Hamilton to US for trial on OneCoin scam

A Briton Christopher Hamilton might be extradited to the U.S. to face cash laundering and wired fraud costs after being indicted within the $ 4 billion OneCoin rip-off, in line with Law360. Hamilton and his co-accused Robert McDonald had filed to be tried outdoors of the US for the reason that majority of the crimes …

UK judge rules to extradite Christopher Hamilton to US for trial on OneCoin scam Read More »

Over $1,260,000,000 Stolen From Ethereum-Dominated Crypto Sector in Q1 This Year: FBI

The U.S. Federal Bureau of Investigation (FBI) says that one in style area of interest of the cryptocurrency ecosystem has change into a primary goal for cyber criminals. In a brand new press launch, the company reports that customers of decentralized finance (DeFi) suffered over a billion {dollars} in losses through the first quarter of …

Over $1,260,000,000 Stolen From Ethereum-Dominated Crypto Sector in Q1 This Year: FBI Read More »

Former NetVRk CEO claims founders used investor funds to buy real-world luxury home

The multichain metaverse mission, NetVRk, is on the middle of an inner feud with claims that a number of senior management group members misappropriated investor funds for private achieve. Daniel Kennedy, the previous CEO of NetVRk, took to Twitter utilizing the corporate account to ship tweets which have since been deleted. One Twitter consumer, proven …

Former NetVRk CEO claims founders used investor funds to buy real-world luxury home Read More »

Bad Actors Have Stolen More Than $100,000,000 Worth of NFTs Since Last Year: Crypto Analytics Firm

New information from a distinguished crypto intelligence agency is revealing that criminals have stolen over 100 million {dollars} value of non-fungible tokens (NFTs) since final 12 months. Based on blockchain analytics agency Elliptic, over $100 million value of NFTs have been reported stolen between July 2021 and July 2022, with July of this 12 months …

Bad Actors Have Stolen More Than $100,000,000 Worth of NFTs Since Last Year: Crypto Analytics Firm Read More »

Dogechain developer wallet caught dumping 1 million tokens a minute

Self-described “on-chain sleuth” @ZachXBT tweeted {that a} pockets linked to a Dogechain developer had began dumping DC tokens. Good a pockets that obtained 20,000,000,000 DC totally free ties instantly again to the deployer and has already began dumping tokens on folks. 0x7249a89195A7A532af12345E2dE0C20c8A06A0d9https://t.co/rsnYUsVzrD https://t.co/66Ulblwfcl pic.twitter.com/lsSqa4Mj9w — ZachXBT (@zachxbt) August 25, 2022 Dogechain launched their DC token …

Dogechain developer wallet caught dumping 1 million tokens a minute Read More »

Bankrupt Celsius Files Counter Lawsuit Against Trading Firms for Allegedly Stealing Crypto Assets

Embattled crypto lending agency Celsius Community is suing its former enterprise associate and the funding agency’s co-founder for deceit, incompetence and unauthorized possession of property. In a criticism filed with the Southern District of New York, Celsius claims that it sustained damage on account of KeyFi and CEO Jason Stone’s mismanagement and theft of Celsius …

Bankrupt Celsius Files Counter Lawsuit Against Trading Firms for Allegedly Stealing Crypto Assets Read More »

Tornado Cash Used to Obfuscate Over $2,440,000,000 Worth of Ethereum (ETH) in First Half of 2022: Report

Crypto merchants relied on digital asset mixing service Twister Money to hide billions of {dollars} price of Ethereum (ETH) within the first six months of the yr. In keeping with a brand new report from blockchain safety agency SlowMist, customers deposited 955,277 ETH price $2.44 billion to Twister Money throughout the primary half of the …

Tornado Cash Used to Obfuscate Over $2,440,000,000 Worth of Ethereum (ETH) in First Half of 2022: Report Read More »

SudoRare developers reap $815,000 from rug pulling project

Including to the rising checklist of exploits, SudoRare builders have shut down operations after withdrawing $815,000 (519 ETH) from the AMM protocol. A Twitter consumer Sungjae flagged the rug pull after 173 ETH was transferred to three pockets addresses every. In a follow-up tweet, safety agency PeckShield confirmed the rug pull and highlighted that the …

SudoRare developers reap $815,000 from rug pulling project Read More »

Bitcoin ATM Company Targeted by Hackers Exploiting Zero-Day Bug: Report

Unhealthy actors have reportedly compromised the servers of a Bitcoin (BTC) ATM producer, enabling them to redirect crypto belongings to their very own wallets. Based on a brand new report by BleepingComputer, crypto ATMs owned by Common Bytes have been exploited by hackers who remotely created an admin consumer account for the corporate’s Crypto Software …

Bitcoin ATM Company Targeted by Hackers Exploiting Zero-Day Bug: Report Read More »

North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis

Hacking teams affiliated with North Korea are liable for a lot of the theft occurring on decentralized finance (DeFi) protocols, in keeping with blockchain evaluation platform Chainalysis. The market intelligence agency says that hackers linked to the remoted nation have stolen a billion {dollars} from DeFi protocols to date this yr. “A lot of the …

North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis Read More »

Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report

Crypto lending platform Celsius reportedly tried to commerce its customers’ Bitcoin (BTC) shortly earlier than the corporate filed for chapter. The Monetary Occasions (FT) reports that Celsius misplaced person funds for BTC buying and selling underneath the course of CEO Alex Mashinsky. As per the report, Mashinsky gathered his funding group in January to announce …

Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report Read More »

Email Marketing Company Mailchimp Suspends Services for Crypto-Related Customers Amid Security Threats

A distinguished e mail advertising and marketing agency is suspending its providers for crypto prospects on account of what it deems as a safety menace. In line with a brand new blog post, Mailchimp has briefly shut down crypto-related accounts in response to a number of sorts of assaults concentrating on digital asset corporations. “Throughout …

Email Marketing Company Mailchimp Suspends Services for Crypto-Related Customers Amid Security Threats Read More »

Man From Ohio Charged by CTFC for Alleged $12,000,000 Crypto Ponzi Scheme

The Commodity Futures Buying and selling Fee (CTFC) is charging an Ohio man for soliciting over $12 million and 10 Bitcoin (BTC) in an alleged Ponzi scheme. Based on a brand new press release, the CTFC is taking civil enforcement actions towards Rathnakishore Giri and his two corporations for allegedly soliciting funds from 150 purchasers …

Man From Ohio Charged by CTFC for Alleged $12,000,000 Crypto Ponzi Scheme Read More »

Shark Tank Investor Mark Cuban Hit With Class Action Lawsuit for Promoting Voyager to NBA Fans

Shark Tank investor Mark Cuban is dealing with a class-action go well with stemming from his promotion of bankrupt crypto brokerage agency Voyager Digital. In a complaint filed on the US District Court docket within the Southern District of Florida, aggrieved Voyager clients represented by lawyer Adam Moskowitz declare that Cuban reached out to followers …

Shark Tank Investor Mark Cuban Hit With Class Action Lawsuit for Promoting Voyager to NBA Fans Read More »

Curve Finance Gives Update After $570,000 Worth of Ethereum (ETH) Goes Missing in Suspected Exploit

Curve Finance says that a difficulty with their web site has been fastened and reverted after $570,000 in Ethereum (ETH) went lacking.  The decentralized alternate and automatic market maker (AMM) first warned its customers to not use the entrance finish of its web site Curve.fi yesterday afternoon after it detected that its nameserver was compromised. …

Curve Finance Gives Update After $570,000 Worth of Ethereum (ETH) Goes Missing in Suspected Exploit Read More »

Solana Wallet Phantom Says $4,000,000 Hack Not Related to Vulnerabilities in Its System

Solana (SOL) pockets Phantom says that the $4 million exploit that affected over 8,000 customers final week doesn’t seem to have something to do with its infrastructure. In keeping with Phantom, an investigation launched into the hack unveiled no proof that its system was compromised throughout the exploit. “After nearly per week of investigation, our crew …

Solana Wallet Phantom Says $4,000,000 Hack Not Related to Vulnerabilities in Its System Read More »

CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’

The U.S. Division of Treasury made Ethereum-based mixer Torando Cash (TORN)the primary good contract to get sanctioned by the U.S. authorities by banning it on Aug. 8 to stop North Korean criminals from laundering cash. CommerceBlock’s privateness pioneer CEO Nicholas Gregory commented on this choice and informed CryptoSlate that it’s pointless with regards to combating cybercrime. …

CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’ Read More »

Over $1M lost in Polygon-based Dragoma rug pull

Polygon-based play-to-earn recreation Dragoma has allegedly been rug pulled, as over $1 million was moved from the undertaking to centralized alternate wallets. #PeckShieldAlert #rugpull Dragoma $DMA on polygon rugged. $DMA has dropped -99.7%.The web site https://t.co/2OJWlGqBtQ appears down and the social media channel deleted. The stolen funds appear to be deposit into centralized exchanges. pic.twitter.com/ksJifCo0GH — …

Over $1M lost in Polygon-based Dragoma rug pull Read More »

White Hat Hackers Asked To Return Stolen Crypto, Offered 10% Bounty on $190,000,000 Attack

Ethereum (ETH) bridge Nomad is providing entities concerned in a large hack of its platform a reward for returning stolen funds. Earlier this week, Nomad fell sufferer to a hack that noticed roughly $190 million in crypto belongings vanish from its bridge. In an announcement, Nomad says, “Nomad is asserting an as much as 10% …

White Hat Hackers Asked To Return Stolen Crypto, Offered 10% Bounty on $190,000,000 Attack Read More »

Coinbase Scrutiny Ratcheting Up As the Leading US Crypto Exchange Is Hit With Two New Lawsuits

The most important cryptocurrency market in the US is going through a brand new spherical of authorized challenges from a pair of lawsuits. Coinbase is being slapped with two class motion lawsuits on the heels of the U.S. Securities and Alternate Fee (SEC) scrutinizing the trade over unregistered securities as a former product supervisor pleads …

Coinbase Scrutiny Ratcheting Up As the Leading US Crypto Exchange Is Hit With Two New Lawsuits Read More »

DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers

An investigation led by CoinDesk has revealed that two brothers — Ian Macalinao and Dylan Macalinao — used pseudonymous developer profiles to inflate the TVL on Solana by $7.5 billion. Sybil Assaults The information is a warning to those that could also be skeptical of the feasibility of a real-world Sybil attack on the crypto …

DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers Read More »

Former Coinbase Product Manager Accused of Insider Trading Pleads Not Guilty to Charges in Federal Court

The previous Coinbase product supervisor accused of insider buying and selling is reportedly pleading not responsible to the fees filed towards him. In response to court docket data, prosecutors allege that Ishan Wahi disclosed Coinbase’s incoming token listings to his brother, Nikhil Wahi, and a buddy, Sameer Ramani. For the reason that value of newly …

Former Coinbase Product Manager Accused of Insider Trading Pleads Not Guilty to Charges in Federal Court Read More »

SEC Hits 11 People With Charges in Alleged $300,000,000 Crypto Ponzi Scheme

The U.S. Securities and Alternate Fee (SEC) is slapping fraud expenses in opposition to eleven people behind the Forsage blockchain platform. The SEC says that the eleven allegedly “created, operated and maintained an internet pyramid and Ponzi scheme by means of Forsage.io.” In response to the SEC, Forsage began working a minimum of since January …

SEC Hits 11 People With Charges in Alleged $300,000,000 Crypto Ponzi Scheme Read More »

Chainalysis reports $2B lost in cross-chain bridge hacks

Analysis performed by blockchain information platform Chainalysis estimated that $2 billion was misplaced from cross-chain bridge hacks thus far in 2022. Chainalysis said within the report that the problem now “represents a major menace to constructing belief in blockchain expertise.” Furthermore, researchers stated bridge hacks are favored by North Korean hackers, who’re estimated to account …

Chainalysis reports $2B lost in cross-chain bridge hacks Read More »

Following Solana Wallet Hack, Founder Anatoly Yakovenko Tells SOL Holders To Get Crypto Out of Mobile Platforms

Solana co-founder Anatoly Yakovenko says that the hack that compromised over 8,000 SOL holders’ wallets could also be as a consequence of points with cell platforms. Early on Wednesday morning, blockchain safety agency PeckShield reported that an assault on Solana wallets stemmed from a provide chain hack, which is when an outdoor occasion or supplier …

Following Solana Wallet Hack, Founder Anatoly Yakovenko Tells SOL Holders To Get Crypto Out of Mobile Platforms Read More »

North Koreans reportedly targeting crypto jobs for insider access

Crypto thieves from North Korea are impersonating consultants utilizing pretend resumes and identities, Bloomberg Information reported Aug. 1. In line with Bloomberg, interviews with cybersecurity consultants confirmed that these fraudsters actively plagiarize data from legit profiles to use for jobs on Certainly and LinkedIn. North Korean thieves focusing on crypto jobs Cybersecurity firm Mandiant reported …

North Koreans reportedly targeting crypto jobs for insider access Read More »

North Korean Spies Attempting To Infiltrate US Crypto Companies To Gather Intelligence: Report

A brand new report suggests North Korean brokers try to falsify their approach into the crypto area for nefarious functions. In accordance with a brand new Bloomberg report, North Koreans are plagiarizing actual LinkedIn and Certainly job resumes to realize an unearned and doubtlessly harmful higher hand within the crypto job market. Safety researchers at Mandiant …

North Korean Spies Attempting To Infiltrate US Crypto Companies To Gather Intelligence: Report Read More »

Axie Infinity CEO Denies Rumors of Moving Millions of Dollars in AXS During Massive $600,000,000 Ronin Attack

The chief government of blockchain gaming platform Axie Infinity is debunking experiences that he moved hundreds of thousands of {dollars} in AXS because the protocol’s sidechain was hacked to the tune of $600 million. A current report by Bloomberg details how a crypto pockets belonging to Axie Infinity CEO Trung Nguyen moved about $3 million value …

Axie Infinity CEO Denies Rumors of Moving Millions of Dollars in AXS During Massive $600,000,000 Ronin Attack Read More »

US Senator Brown seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps

U.S. Senator Sherrod Brown (D-Ohio) sent letters to Tim Prepare dinner, CEO of Apple, and Sundar Pichai, CEO of Google and Alphabet on July 28, asking for details about what the businesses are doing to guard customers from fraudulent cryptocurrency apps. The transfer comes after the Federal Bureau of Investigation (FBI) issued a warning on …

US Senator Brown seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps Read More »

KuCoin CEO Launches New Fund Aimed at Dispelling Crypto FUD and Misinformation

KuCoin CEO Johnny Lyu says that the digital asset trade is launching a brand new fund to handle worry, uncertainty, and doubt (FUD) together with misinformation within the crypto house. Earlier this month, Lyu needed to tackle claims that KuCoin is dealing with monetary troubles attributable to its publicity to embattled crypto initiatives. The chief denied …

KuCoin CEO Launches New Fund Aimed at Dispelling Crypto FUD and Misinformation Read More »

Shark Tank Billionaire Mark Cuban Says ‘Nightmare’ Regulation Awaits Crypto Industry

A Shark Tank investor is deeply involved about how the approaching wave of regulation will have an effect on the cryptocurrency area. In a brand new put up, billionaire Mark Cuban tells his 8.7 million Twitter followers that in mild of a current U.S. Securities and Change Fee (SEC) lawsuit alleging insider buying and selling …

Shark Tank Billionaire Mark Cuban Says ‘Nightmare’ Regulation Awaits Crypto Industry Read More »

Okcoin warn of ‘elder fraud’ following recovery of $1M in stolen crypto

In a latest blog post, San Francisco-based crypto alternate Okcoin warned about “elder fraud,” including that the aged are the best danger group affected by on-line scams. Following an investigation, the corporate’s danger group intercepted $1 million in stolen Ethereum and Tether and returned the tokens to the rightful homeowners. How Okcoin recovered the stolen …

Okcoin warn of ‘elder fraud’ following recovery of $1M in stolen crypto Read More »

FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital

The now famend Darkish Knight of Terra, FatManTerra, has introduced a class action lawsuit via US solicitors, Scott+Scott in an try and recoup UST investments following the collapse of the Terra ecosystem. Lawsuit Signal-Up Hyperlink Announcement for UST Victims On Could 11, as UST depegged, I created an account named FatMan and posted a proposal …

FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital Read More »

Cryptojacking in finance soared 269% in H1 2022

Cryptojacking within the finance sector went up by 269% within the first half of this yr, cybersecurity agency SonicWall reported. The finance sector, which used to expertise practically the least numbers of cryptojacking incidents, confronted the very best variety of assaults this yr, the report acknowledged. In truth, the variety of cryptojacking assaults within the …

Cryptojacking in finance soared 269% in H1 2022 Read More »

Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case

Titanium Blockchain founder and CEO Michael Alan Stollery pleaded responsible to conducting a fraudulent preliminary coin providing (ICO) touted to be price $21 million. Stollery’s operation was unregistered and soaked in falsities Stollery, was charged by a  Los Angeles district court docket earlier in June on one rely of securities fraud. The prosecutor alleged that …

Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case Read More »

Teddy Doge developers pull out $4.5 million in alleged ‘soft rug pull’

Buyers of BNB chain-based meme coin Teddy Doge (TEDDY) have grow to be the most recent sufferer of a “smooth rug pull,” blockchain safety and analytics agency PeckShield alleged in a July 25 tweet. Rug pulls check with scams the place builders of a cryptocurrency mission appeal to traders after which abandon the mission and …

Teddy Doge developers pull out $4.5 million in alleged ‘soft rug pull’ Read More »

Crypto Payments Firm Founder Convicted of Running $6,000,000 Fraud Scheme: DOJ

The founding father of a crypto funds agency is being convicted of defrauding buyers out of hundreds of thousands of {dollars}. In accordance with a brand new Division of Justice (DOJ) press release, Randall Crater, the founding father of crypto funds firm My Huge Coin, has been discovered responsible of working a $6 million digital …

Crypto Payments Firm Founder Convicted of Running $6,000,000 Fraud Scheme: DOJ Read More »

Coinbase Tipped Law Enforcement on Executive Suspected of Crypto Insider Trading, Says CEO Brian Armstrong

Coinbase CEO Brian Armstrong says the trade knowledgeable authorities a couple of suspected insider tipping scheme involving a former worker. Indictment data present Coinbase former product supervisor Ishan Wahi tipped his brother, Nikhil Wahi, and his buddy, Sameer Ramani, of the agency’s upcoming public itemizing bulletins, which embrace details about new crypto property the platform …

Coinbase Tipped Law Enforcement on Executive Suspected of Crypto Insider Trading, Says CEO Brian Armstrong Read More »

FBI detects fake crypto apps that scammed $42.7M from 244 victims

The U.S. Federal Bureau of Investigation (FBI) detected three faux crypto apps that stole round $42.7 million from 244 victims between October 4, 2021, and Could 13, 2022, and not too long ago issued a public warning in opposition to such fraudulent purposes. In response to the FBI, these cybercriminals are utilizing the names and …

FBI detects fake crypto apps that scammed $42.7M from 244 victims Read More »

FBI Warns US Crypto Investors of Bad Actors Tricking Victims Into Downloading Fraudulent Crypto Apps

The U.S. Federal Bureau of Investigation (FBI) is cautioning in opposition to cybercriminals focusing on crypto buyers. In line with the FBI, cybercriminals are using cellular crypto asset funding apps as instruments for defrauding their victims. “The FBI is warning monetary establishments and buyers about cybercriminals creating fraudulent cryptocurrency funding purposes (apps) to defraud cryptocurrency …

FBI Warns US Crypto Investors of Bad Actors Tricking Victims Into Downloading Fraudulent Crypto Apps Read More »

Web3 space has lost $1.48 billion to cyberattacks since January

The web3 area has misplaced $1.48 billion to numerous scams and assaults between January and Could 2022, with solely 4 incidents chargeable for 81% of that quantity, a latest study by cybersecurity firm Hacken revealed. Cyberattacks in 2022, categorized by measurement (through Hacken) A complete of 87 hacks, exploits, and scams had been recorded from …

Web3 space has lost $1.48 billion to cyberattacks since January Read More »

BNB Chain Launches New Tool To Help Users Detect Malicious Projects and Scams

The sensible contract-enabled blockchain developed by crypto alternate big Binance is launching a brand new device that helps customers detect crypto scams. Based on a brand new firm weblog put up, BNB Chain (BNB) is launching DappBay, a decentralized software (DApp) hub that includes Red Alarm, a brand new blockchain scanning device that goals to …

BNB Chain Launches New Tool To Help Users Detect Malicious Projects and Scams Read More »

Web3 Witnessed Over $718,000,000 in Losses in Q2 This Year, According to Blockchain Security Firm

New information from a blockchain safety firm reveals that the Net 3.0 sector suffered tons of of thousands and thousands of {dollars} value of losses within the second quarter of this 12 months. In response to a brand new report by Beosin, Net 3.0 witnessed 48 main cyber assaults in Q2 with whole losses of …

Web3 Witnessed Over $718,000,000 in Losses in Q2 This Year, According to Blockchain Security Firm Read More »

Cyber Criminals Using Crypto Mixing Services at Record Rates, According to Chainalysis

New knowledge from market intelligence agency Chainalysis reveals unhealthy actors are utilizing crypto mixing providers at unprecedented charges. In response to a brand new blog post by the crypto insights firm, crypto mixing utilization has spiked in 2022, with illicit addresses accounting for 11% extra of the funds despatched to mixers in comparison with final …

Cyber Criminals Using Crypto Mixing Services at Record Rates, According to Chainalysis Read More »

Mixer usage sees all-time high thanks to nation-affiliated cybercriminals

Crypto mixer utilization reached an all-time excessive in 2022 with a big contribution from sanctioned entities and cybercriminals with recognized state affiliations, in response to Chainalysis‘ latest report. The numbers present that the worth acquired by mixers reached its all-time excessive of $51.8 million on April 19, 2022. 30-day shifting common of day by day …

Mixer usage sees all-time high thanks to nation-affiliated cybercriminals Read More »

Class Action Lawsuit Accuses Troubled Crypto Exchange Celsius of Running Like a ‘Literal’ Ponzi Scheme

The partitions are closing in round one embattled crypto lending platform as a brand new lawsuit alleges it defrauded buyers. Celsius Community, which filed for chapter this week, has now additionally been sued with accusations that it operated like a Ponzi scheme. In a category motion suit filed in a US district courtroom in New …

Class Action Lawsuit Accuses Troubled Crypto Exchange Celsius of Running Like a ‘Literal’ Ponzi Scheme Read More »

FatMan Terra reveals inner workings of alleged DOCK pump and dump scheme

FatMan Terra, in a Twitter thread, revealed how an unnamed “good friend” pumped Dock (DOCK) by way of billboard ads and a BitBoy Crypto video. Thought it will be enjoyable to share a narrative from final 12 months the place I watched a good friend of mine pump a sh*tcoin on Binance by shopping for billboards …

FatMan Terra reveals inner workings of alleged DOCK pump and dump scheme Read More »

USA and Korea Join Forces To Investigate Terra (LUNA) Collapse for Potential Financial Crimes: Report

The governments of the USA and South Korea have agreed to research the collapse of former top-10 crypto mission Terra (LUNA) for potential monetary misdoings. In accordance with a brand new report by native Korean media outlet Yonhap Information, the nation’s justice minister Han Dang-hoon met with US prosecutors in New York this week to …

USA and Korea Join Forces To Investigate Terra (LUNA) Collapse for Potential Financial Crimes: Report Read More »

Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

An nameless hacker has offered to promote the stolen private information of over 1 billion Chinese language residents for 10 Bitcoin (BTC), roughly $200,000. The information contains the names, birthplaces, addresses, telephone numbers, nationwide ID, legal data, and different data of personal residents within the nation. The hacker reportedly gained entry to the Chinese language …

Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data Read More »

CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC

The Commodity Futures Buying and selling Fee (CTFC) is charging a South African buying and selling firm utilizing Bitcoin (BTC) as its base foreign money for allegedly working the largest-ever BTC buying and selling scheme. In accordance with a brand new statement by CTFC Commissioner Kristin Johnson, the regulatory company is submitting a civil enforcement …

CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC Read More »

DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme

The U.S. Division of Justice (DOJ) is urgent prices in opposition to a Solana (SOL) non-fungible token (NFT) developer who allegedly pulled the rug on buyers. In accordance with a brand new press release, the DOJ is charging Vietnamese nationwide Le Anh Tuan with one depend of conspiracy to commit wire fraud and one depend …

DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme Read More »

Former Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report

Crypto change Huobi is reportedly suing a former government accused of raking in $5 million in Tether (USDT) by secretly buying and selling in opposition to an organization account underneath his management. The Monetary Instances reports Chen Boliang engaged within the unlawful buying and selling scheme between February and March 2020 whereas he was nonetheless a …

Former Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report Read More »

CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin

The Commodity Futures Buying and selling Fee (CFTC) has charged Cornelius Johannes Steynberg and his firm Mirror Buying and selling Worldwide (MTI), with fraud and registration violations. The South African buying and selling firm is the topic of a complaint filed by the CFTC on June 30, 2022, which alleges that Steynberg launched and used …

CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin Read More »

Millions of Dollars Worth of Ethereum (ETH) Sent by Hacker to Coin Mixer Following Harmony (ONE) Attack: Report

A blockchain safety agency finds that the hackers behind the Concord (ONE) breach despatched tens of tens of millions of {dollars} price of Ethereum (ETH) to a coin mixer. Concord was hacked for about $100 million price of crypto belongings final Friday. The attackers reportedly breached the Horizon Bridge, which gives the flexibility to switch …

Millions of Dollars Worth of Ethereum (ETH) Sent by Hacker to Coin Mixer Following Harmony (ONE) Attack: Report Read More »

FBI Adds OneCoin Founder Ruja Ignatova ‘Crypto Queen’ to Its Top 10 Most Wanted List

OneCoin founder Ruja Ignatova, also referred to as “Cryptoqueen,” was added to the list of the FBI’s Ten Most Needed Fugitives for her function in allegedly defrauding traders of greater than $4 billion. This motion was taken by the FBI in New York, together with the US Lawyer’s Workplace within the Southern District of New York and …

FBI Adds OneCoin Founder Ruja Ignatova ‘Crypto Queen’ to Its Top 10 Most Wanted List Read More »

Ethereum Rival Tumbles As Hackers Drain About $100,000,000 From Its Crypto Bridge

One Ethereum (ETH) competitor is taking a large hit after hackers drained roughly $100 million value of crypto from its cross-chain bridge. The Concord (ONE) staff says the breach occurred on the morning of June twenty fourth on the Horizon bridge, which allows customers to maneuver crypto belongings between Ethereum, Binance Sensible Chain and Concord. …

Ethereum Rival Tumbles As Hackers Drain About $100,000,000 From Its Crypto Bridge Read More »

Coinbase introduces KYC rules for its Netherland users to comply with local legislation

Europe is rising its regulatory tempo. The Markets in Crypto Belongings Regulation (MiCA) proposed in 2020 is the EU’s response to the necessity for an encompassing regulation for digital belongings. The elevated market volatility has heightened requires a regulatory framework for digital belongings. The tripartite of the European Fee, the European Parliament, and the 27 …

Coinbase introduces KYC rules for its Netherland users to comply with local legislation Read More »

Indian crypto investors have lost $128 million due to fake exchanges and wallets

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Crypto traders in India have misplaced over $128 million (almost Rs 1,000 crore) resulting from a complicated phishing rip-off that features faux cryptocurrency exchanges. This scheme was uncovered by cybersecurity agency CloudSEK who stated the operation concerned malicious domains and Android purposes.  CEO …

Indian crypto investors have lost $128 million due to fake exchanges and wallets Read More »

Dogecoin gaining popularity for illegal activities, Elliptic report says

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Common meme cryptocurrency Dogecoin (DOGE) has more and more turn out to be related to a number of illicit actions comparable to terrorism financing, Ponzi schemes, and youngster intercourse abuse, in response to a new report by Elliptic. The blockchain analytics …

Dogecoin gaining popularity for illegal activities, Elliptic report says Read More »

Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report

Crypto alternate Huobi is reportedly suing a former govt accused of raking in $5 million in Tether (USDT) by secretly buying and selling towards an organization account below his management. The Monetary Instances reports Chen Boliang engaged within the unlawful buying and selling scheme between February and March 2020 whereas he was nonetheless a senior supervisor …

Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report Read More »

Chainalysis unveils a 24/7 hotline for victims of cryptocurrency crimes

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! The macroeconomic-fueled crypto market downturn has taken the central stage consideration since Q1 2022. Nevertheless, it isn’t the one space of concern. CipherTrace just lately reported that the spontaneous progress within the authentic use of cryptocurrencies dwarfed its use for illicit …

Chainalysis unveils a 24/7 hotline for victims of cryptocurrency crimes Read More »

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino

The chief know-how officer of stablecoin issuer Tether says the agency was hit with a ransom demand amid a distributed denial of service assault (DDoS). Tether government Paolo Ardoino says that the corporate acquired a ransom notice to cease the denial of service assaults, however highlights the assault was thwarted with none digital belongings or …

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino Read More »

FBI Agent Says Crypto Investment Scams on LinkedIn ‘Significant Threat’ to Consumers: Report

The Federal Bureau of Investigation (FBI) is reportedly saying that crypto-related funding scams on widespread skilled networking platform LinkedIn are actually a critical risk to the general public. In accordance with a brand new report by CNBC, Sean Ragan, the particular agent in command of the FBI’s Sacramento, San Francisco and California subject places of …

FBI Agent Says Crypto Investment Scams on LinkedIn ‘Significant Threat’ to Consumers: Report Read More »

Crypto entrepreneur Jeff Huang allegedly stole 22,000 ETH, ran over 10 failed projects

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Jeffrey Huang, a tech entrepreneur, former musician, and one of many largest holders of the Bored Ape Yacht Membership NFTs, allegedly embezzled 22,000 Ethereum (ETH) from the treasury administration service firm Formosa Monetary in 2018, based on a recent exposé by …

Crypto entrepreneur Jeff Huang allegedly stole 22,000 ETH, ran over 10 failed projects Read More »

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse

The embattled chief govt of Terraform Labs is adamantly denying whispers that he cashed out billions of {dollars} price of Terra (LUNA) and TerraUSD (UST). Rumors are circling on Twitter that Terra founder Do Kown used a borrowing protocol referred to as “Abracadabra’s Degenbox” to money out of LUNA and UST and into the stablecoins …

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse Read More »

Dogecoin (DOGE) Co-Creator Calls Crypto Industry a Facilitator of Scams That Exists Outside of Government Control

The co-creator of fashionable meme token Dogecoin (DOGE) says an absence of conventional oversight leaves crypto merchants weak to being fleeced. In a brand new interview with Australian media outlet The Mission TV, Jackson Palmer, who together with Billy Markus developed Dogecoin in 2013 as a joke, says cryptocurrencies are speculative in nature as a …

Dogecoin (DOGE) Co-Creator Calls Crypto Industry a Facilitator of Scams That Exists Outside of Government Control Read More »

Richard Branson ramps up efforts to end crypto scams using his name

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Richard Branson, the founding father of the Virgin Group, is seeking to cease the usage of his title in fraudulent crypto schemes, the British billionaire disclosed in an interview. In keeping with Branson, malicious actors have been utilizing his title to …

Richard Branson ramps up efforts to end crypto scams using his name Read More »

Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Do Kwon was lately accused of withdrawing $80 million a month from the Terra ecosystem main as much as the crash — recent allegations declare this occurred greater than 33 instances, and a staggering $2.7 billion was taken out of the …

Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox Read More »

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds

A retirement account belief firm is suing the crypto alternate Gemini for failing to have the “correct safeguards in place” to guard its clients’ belongings. IRA Monetary Belief alleges hackers stole $36 million in crypto belongings belonging to their clients’ retirement accounts which had been reportedly in Gemini’s custody. The South Dakota-based belief firm has …

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds Read More »

Scammers Compromise Bored Ape Yacht Club and Otherside Discord Servers, Steal 32 NFTs Worth $259,000: Report

Unhealthy actors have reportedly made off with a whole lot of 1000’s of {dollars} price of stolen non-fungible tokens (NFTs) after exploiting the Discord servers of two outstanding NFT communities. In accordance with an investigation from blockchain safety agency PeckShield, 32 NFTs price about $259,000 had been stolen after scammers compromised the Discord servers of …

Scammers Compromise Bored Ape Yacht Club and Otherside Discord Servers, Steal 32 NFTs Worth $259,000: Report Read More »

New Zealand Police investigate allegedly fraudulent crypto platform Quwiex

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! The Auckland Metropolis Monetary Crime Unit is investigating Quwiex Restricted, a self-proclaimed crypto platform, after a number of studies from victims that the platform is a rip-off, in line with an RNZ report. Quwiex registered in New Zealand with false data …

New Zealand Police investigate allegedly fraudulent crypto platform Quwiex Read More »

Scammers Have Stolen Over $1,000,000,000 in Crypto Assets Since Start of 2021: U.S. Federal Trade Commission

The Federal Commerce Fee (FTC) is laying out the scope and strategies utilized by crypto fraudsters to rack up a billion {dollars} in illicit positive aspects. In response to a brand new shopper safety report, the FTC says that because the starting of final 12 months, over 46,000 individuals had greater than $1 billion stolen …

Scammers Have Stolen Over $1,000,000,000 in Crypto Assets Since Start of 2021: U.S. Federal Trade Commission Read More »

MonkeyPoxInu developers allegedly vanish with $400M, coin tanks 99% 3 days post-launch

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Named after the current resurgence of the MonkeyPox virus, MonkeyPoxlnu (MPOX) coin was launched on Might 21 and lost 99% of its worth three days in a while Might 23. MPOX’s worth crashed after its builders allegedly pulled an exit rip-off, …

MonkeyPoxInu developers allegedly vanish with $400M, coin tanks 99% 3 days post-launch Read More »

Terra (LUNA) Network Addresses Scammed Out of $4,310,000 in Phishing Attack: Blockchain Security Firm SlowMist

A number one blockchain safety agency is warning {that a} phishing rip-off conned greater than 50 Terra (LUNA) community customers out of almost $4.31 million value of crypto belongings. On Twitter, crypto safety agency SlowMist urged LUNA merchants to be cautious of pretend ads, noting that almost all of the assault resulted from Google phishing …

Terra (LUNA) Network Addresses Scammed Out of $4,310,000 in Phishing Attack: Blockchain Security Firm SlowMist Read More »

U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group

The U.S. Division of the Treasury is sanctioning three Ethereum (ETH) wallets linked to the North Korean hacking group reportedly behind final month’s Ronin Community assault. Based on a brand new tweet by the Treasury Division, the Workplace of Overseas Belongings Management (OFAC) is including three ETH addresses related to the North Korean Lazarus Group …

U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group Read More »

Researcher: Mirror Protocol was allegedly set up to scam retail investors

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Terra analyst and supply of a number of whistleblower leaks, FatManTerra, has alleged that Mirror Protocol is a “farce designed to complement Do Kwon/VCs whereas manipulating governance and screwing over retail.” FatManTerra recognized a pockets through Etherscan that deployed the Mirror …

Researcher: Mirror Protocol was allegedly set up to scam retail investors Read More »

Axie Infinity (AXS) Ronin Network Launches Bug Bounty Program in Response to $600,000,000 Hack

The Axie Infinity (AXS) Ronin Community is launching a “bug bounty” program that can supply as much as a million to hackers for locating weaknesses within the undertaking’s blockchain. In late March, the Ronin bridge was hacked for 173,600 ETH and 25.5 million stablecoin USD Coin (USDC), price a couple of mixed $600 million. The …

Axie Infinity (AXS) Ronin Network Launches Bug Bounty Program in Response to $600,000,000 Hack Read More »

Seth Green to be reunited with the BAYC NFT he lost in a phishing scam

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Actor Seth Inexperienced has admitted to falling for a phishing rip-off, which resulted within the lack of Bored Ape Yacht Membership NFT #8298. From reviewing the Etherscan logs of Inexperienced’s pockets, it seems that it’s a Metamask sizzling pockets that contained …

Seth Green to be reunited with the BAYC NFT he lost in a phishing scam Read More »

Federal Judge Says Crypto Anonymity a Myth as US Authorities Charge American in $10,000,000 Sanction Evasion

The Justice Division is charging an unnamed American citizen with utilizing crypto property to evade sanctions in what’s believed to be the primary case of its type. Based on an opinion written by the federal choose presiding over the case, Zia M. Faruqui, the concept of crypto’s anonymity is a fable, opposite to what some aspiring …

Federal Judge Says Crypto Anonymity a Myth as US Authorities Charge American in $10,000,000 Sanction Evasion Read More »

$1.5 Million worth of Moonbirds NFTs are stolen by hackers in a phishing attack

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! 29 Moonbirds value roughly 750 Ethereum (ETH) ($1.5 million) have been stolen from their proprietor, DigitalOrnithologist, throughout a phishing assault on Tuesday. The sufferer misplaced their NFTs after accessing a phishing hyperlink provided by a fraudster, in response to a tweet …

$1.5 Million worth of Moonbirds NFTs are stolen by hackers in a phishing attack Read More »

Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report

The CEO of Terraform Labs is going through doable prison expenses within the wake of two main cryptos collapsing earlier this month. In a brand new report, Yonhap Information says that South Korean authorities are contemplating bringing Ponzi scheme expenses in opposition to Do Kwon, the founding father of Terra (LUNA) and algorithmic steady coin …

Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report Read More »

CFTC Charges Illinois and Oregon Residents in Alleged $44,000,000 Crypto Ponzi Scheme

The Commodities Futures Buying and selling Fee (CTFC) is asserting costs towards two US residents alleging that they had been behind a multi-million-dollar crypto Ponzi scheme. In accordance with a press release, the CTFC has filed civil enforcement motion towards Sam Ikkurty of Portland, Oregon and Ravishankar Avadhaman of Aurora, Illinois for supposedly masterminding a …

CFTC Charges Illinois and Oregon Residents in Alleged $44,000,000 Crypto Ponzi Scheme Read More »

Metaverse-related phishing attacks become the newest form of high-tech fraud

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Cybercriminals have modified ways and at the moment are focusing on metaverse buyers with phishing assaults. Sharing their tales, the victims of those assaults claim they believed their investments had been stable, seeing because the metaverse combines blockchain and crypto expertise. …

Metaverse-related phishing attacks become the newest form of high-tech fraud Read More »

Scammers looking to take advantage of LUNA 2.0 airdrop

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Blockchain evaluation and safety agency PeckShield issued an alert to warn the crypto neighborhood about scammers sending Wrapped LUNA to the general public addresses of crypto influencers and CEOs. The scammers created a Wrapped LUNA 2.0 token and despatched it to …

Scammers looking to take advantage of LUNA 2.0 airdrop Read More »

Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams

A preferred Ethereum (ETH) pockets is unveiling a brand new partnership to assist victims of crypto scams recuperate their digital belongings. In line with a latest press release, MetaMask, a crypto pockets with over 30 million customers created by blockchain expertise agency ConsenSys, is teaming up with Asset Actuality, a protocol designed for recovering, managing …

Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams Read More »

Australian consumer group calls for urgent regulation of crypto

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Australian shopper advocacy group Alternative urges the brand new Labor authorities to prioritize cryptocurrency regulation, the Australian Related Press reported. The decision for regulation comes amid investor safety issues after a couple of latest crypto alternate collapses and an increase in …

Australian consumer group calls for urgent regulation of crypto Read More »

Dogecoin (DOGE) Co-Creator Issues Crypto Winter Warning As Bitcoin Rises Above $30,000

The co-creator of common meme crypto asset Dogecoin (DOGE) is reportedly issuing a warning that crypto has not but reached the stage of hibernation regardless of the large devaluation throughout all property within the house. In keeping with a brand new report by Australian media outlet Crikey Information, Jackson Palmer, who together with Billy Markus …

Dogecoin (DOGE) Co-Creator Issues Crypto Winter Warning As Bitcoin Rises Above $30,000 Read More »