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Crypto’s recovery requires more aggressive solutions to fraud
30.12.2022
After 2022, we need to do more to assure skeptical users that they can invest in cryptocurrency without fearing that their funds will be lost
California regulator warns of 17 crypto websites suspected of fraud
29.12.2022
The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious crypto platforms
California regulator warns of 17 crypto websites suspected of fraud
29.12.2022
The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious crypto platforms
Executives from $1.5B South Korean crypto exchange fraud jailed
28.12.2022
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO, known as Mr. Lee was previously sentenced to a 22 year prison term
FBI Renews Warning About Pig Butchering Crypto Scam Sweeping the Country
28.12.2022
The Federal Bureau of Investigation (FBI) has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with...
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...
350 new 'scam tokens' were created every day this year: Solidus Labs
19.12.2022
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year
Minxie Launches NFT Project That Aims to Provide the Untapped Creator Economy With Solutions Through Blockchain
15.12.2022
PRESS RELEASE. “NFTs aren’t dead, they are going to be everywhere” says Tina Lou, Head of Marketing at Minxie, “and, actually, the bear market is the best thing that could have happened to them”, she continues, “We’ve weeded through scams and rug-pulls and the projects left standing are truly...
Metallica issues crypto scam alert before the 72 Seasons album launch
6.12.2022
Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
5.12.2022
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda
Crypto Community weighs in on SBF’s ‘apology tour’
2.12.2022
The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews
Web3 Antivirus Is Now on Guard of Your Digital Assets
2.12.2022
PRESS RELEASE. A game-changing Web3 security solution was launched on December 1, 2022. As the digital world is getting more advanced, scammers invent new elaborate ways to cheat web3 users and steal their assets. Smart contracts forgery, phishing websites, airdrop scams, and spamming are just...
Front-running scams rampant on YouTube with 500% surge in 2022: CertiK
2.12.2022
The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction
Former FTX CEO Sam Bankman-Fried denies "improper use" of customer funds
1.12.2022
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”
Brazilian Government Wants to Police Crypto and Train Prosecutors to Deal with Scams
30.11.2022
Brazil’s government will look to tighten its policing of the nation’s crypto sector. It has created a “working group” composed of top lawyers and prosecutors who have been tasked with drafting proposals for legal reform.
In an official announcement, the Public Ministry’s policy-making National...
Metaverse exploitation and abuse to rise in 2023: Kaspersky
30.11.2022
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky
FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
29.11.2022
On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
26.11.2022
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these...
World Cup Crypto Scams are On the Rise – Look Out For These
25.11.2022
Global cybersecurity firm Kaspersky has released a list of the top five scams related to the ongoing FIFA World Cup Qatar 2022.
The World Cup gets the attention of millions of football fans from all over the world. Taking advantage of this critical period of time, scammers use different...
Polkadot incentivizes its community to fight scams through an “anti-scam bounty”
24.11.2022
Polkadot said it rewards community members in a consistent manner with bounties paid in USDC