Search
Flash Loan Exploits: Understanding the Risks and Prevention Methods
14.9.2024
Introduction to Flash Loans Flash loans have become a prominent feature in the decentralized finance (DeFi) ecosystem, offering an innovative […]
The post Flash Loan Exploits: Understanding the Risks and Prevention Methods appeared first on
Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020: FTC
4.9.2024
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
22.8.2024
Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto...
Meta denies claim more than half of Facebook crypto ads are scams
16.8.2024
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable
Europol anticipates rise in AI-driven cybercrime: IOCTA 2024
23.7.2024
Europol’s 2024 report highlights AI tools enabling non-technical individuals to conduct sophisticated cybercrimes
Federal Agencies Join Forces to Fight Crypto Scams
13.7.2024
Several federal agencies, including the Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC), convened at a Fraud Disruption Conference to combat crypto scams, particularly the “pig butchering” fraud that siphons billions from Americans annually....
Compound Finance site potentially breached: ZachXBT
11.7.2024
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting to a phishing site
Consensys Acquires Wallet Guard to Enhance Metamask Security
3.7.2024
Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud. This move aims to integrate Wallet Guard’s security features into Metamask. Metamask to Boost Security Following Consensys’ Wallet Guard Acquisition...
Consensys acquires Wallet Guard to enhance MetaMask security
3.7.2024
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats
Paradigm calls European markets regulator to show nuance regarding MEV
27.6.2024
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas
Binance enforces stricter measures against account misuse
27.6.2024
The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases
1inch partners with Blockaid to combat DeFi fraud and cyber threats
20.6.2024
Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch
Cop intercepts $40,000 Bitcoin ATM scam by Chase Bank impersonator
20.6.2024
The officer intervened during the Bitcoin ATM deposit, preventing the victim from depositing more funds to the machine
Fake Federal employees target crypto investors: CISA warns
15.6.2024
The Cybersecurity and Infrastructure Security Agency (CISA) warns of a surge in impersonation scams targeting crypto investors
Chinese court sentences gang for money laundering using digital yuan
13.6.2024
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled
New law grants US president power to block digital asset access
6.6.2024
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
6.6.2024
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating...
Bitget boosts security with Sumsub’s deepfake AI detection
5.6.2024
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards
SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
1.6.2024
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult....
Financial institutions face rising threat from sophisticated AI fraud
30.5.2024
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods