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Mastercard AI-powered tool to help banks fight fraud
6.7.2023
Mastercard revealed a new AI-driven tool available to banks for collecting insights to predict scams and frauds involving real-time payments
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
5.7.2023
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
Per the Brazilian media outlet Livecoins, a special parliamentary commission for “cryptocurrency-based financial pyramid...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
40% of South Africans Familiar With the ‘Concept of Web3’ — Study
2.7.2023
Some 40% of South African survey participants are familiar with the concept of Web3 and a further 80% believe the technology backing cryptocurrencies can “transform or fully rebuild the financial system,” according to the findings of a Consensys survey. However, as much as 59% believe...
$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
30.6.2023
Approximately $215 million of stolen assets have since been recovered
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
30.6.2023
The top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains
Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
30.6.2023
Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate
$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
28.6.2023
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report
Over $204M was lost in Q2 DeFi hacks and scams: Report
27.6.2023
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million
Expect Surge in Crypto Scams with Advancements in AI
27.6.2023
There are growing concerns that scammers will use artificial intelligence (AI) to develop new methods of fraud and deception as the technology continues to advance.
One of the primary ways in which scammers are using AI is through social media platforms. By leveraging AI-powered tools, scammers...
Australian banks claim 40% of scams 'touch' crypto as it defends restrictions
27.6.2023
During a panel at the Australian Blockchain Week, executives from Australia’s major banks explained why they added restrictions on payments to local crypto exchanges
Crypto scams are going to ramp up with the rise of AI
27.6.2023
Remember HarvestKeeper, the AI project that scammed users for $1 million? You can expect similar AI-based scams to soar over the next couple of years
Breaking down the ongoing token impersonation scams with DeFi execs
26.6.2023
Tres Finance co-founder Tal Zackon warned businesses to not use explorers when tracking their finances
How security, education and regulation can mitigate rising crypto scams
26.6.2023
Cybersecurity experts say the crypto industry is a target for bad actors because it is a new technology that is rapidly evolving and growing
CFTC Charges Man With Fraud in ‘Pig Butchering’ Crypto Romance Scam
22.6.2023
Tk
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
Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
19.6.2023
Musk had previously engaged with the Bob token bot several times, aiding a value rise
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
16.6.2023
Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement
Doppel X OpenSea: A combat towards NFT scams
16.6.2023
In an exciting development for the NFT community, Doppel, a leading security solutions provider, has announced a strategic partnership with OpenSea, one of the largest and earliest NFT marketplaces. Boasting an impressive collection of over 80 million NFTs and 2 million collections, OpenSea...