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Crypto Scam-Kit Inferno Drainer Shuts Down Operations

27.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...

KyberSwap attacker used ‘infinite money glitch’ to drain funds: DeFi expert

23.11.2023
By exploiting a bug, the attacker caused liquidity to be "double counted," allowing them to get an unfair price for a swap

Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?

22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...

Fantom Foundation awards $1.7M bounty for preventing $170M drain

21.11.2023
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million

Scammers create spoof Blockworks site to drain crypto wallets

27.10.2023
Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website

Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000 Fundraising

24.10.2023
The cryptocurrency community is fearing a rug pull after Safereum saw huge sums of liquidity drained, making off with around $1.3 million worth of funds, according to blockchain security experts.... Read More: Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000...

USDR stablecoin depegs to $0.53, but team vows to provide solutions

12.10.2023
Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions

Vitalik Buterin's X account hacked, drains $691K+ from victims : Report

10.9.2023
Following the reported breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, over $691,000 in losses has been inflicted on victims by malicious links

FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers

7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...

This Is How Scammers Can Drain Your Crypto Wallet

22.6.2023
Scammers use a variety of techniques to steal users’ money, some of which only require knowing your wallet address, a Forta Network researcher said

11+ Great Steam Deck Games That Won’t Drain Your Battery

18.4.2023
Maybe you’ve got a long trip coming up, or just enjoy the peace of mind that comes with knowing your high-powered handheld gaming PC will have enough juice when it matters most. To help you out, we’ve scouted out some games that won’t tank your Steam Deck’s battery, as well as general tips...

Tether Takes Action: Blacklists Validator Address Linked to $25 Million MEV Bot Drain – Here's What Happened

12.4.2023
Tether, the company behind the world's largest stablecoin, has blacklisted a validator address responsible for draining $25 million from Maximal Extractable Value (MEV) bots. The validator exploited a bug in the MEV-boost relay to bypass MEV bots by attempting to execute a sandwich trade, which...

Snoop Dogg Bails As Faze Clan Circles The Drain

5.4.2023
Faze Clan, which as recently as last year seemed an unstoppable cultural force for the genre of dudes who both play video games and aspire to own lambos, is in trouble. As we’ve reported, the clan’s decision to go public has been a disaster, with their shares now practically worthless, but as...

Arbitrum’s dream to decentralize goes down the drain

4.4.2023
Arbitrum’s efforts to hand over control to its community have not gone the way it wanted them to. Thus, efforts have been wasted due to critics’ harsh criticism of its first-ever governance proposal. Several critics called the procedure a “Sham Vote,” arguing that it was nothing...

Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit

26.12.2022
The BitKeep team confirmed that some APK package downloads have been hijacked by attackers and installed by users

ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss

6.9.2022
ShadowFi tweeted about the cyber attack. Hackers made an attack on DeFi systems possible by a crypto-private effort known as ShadowFi. A prominent blockchain security firm, Peckshield, sounded the alarm and revealed the exploitation cost around $300,000.... Read More: ShadowFi Exploit Allows $300k...

ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss

Brain drain: India’s crypto tax forces budding crypto projects to move

20.4.2022
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions

India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’

23.3.2022
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow

Rooter-Man and MyCryptoCheckout Partner to Enable Customers to Spend Digital Currencies

28.8.2021
PRESS RELEASE. Rooter-Man, a plumbing, septic, and drain cleaning franchise with 776+ service locations throughout North America has partnered with MyCryptoCheckout to develop a pilot program that enables customers to spend digital currencies. Rooter-Man is known for providing fast and friendly...