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Ripple President Monica Long: It’s ‘Critical’ for Crypto to Be Represented at Davos
17.1.2024
Monica Long, president of financial and cryptocurrency services company Ripple, has given her take on the presence of cryptocurrency industry actors at the World Economic Forum (WEF) event at Davos. Long stated she considers it “critical” for the cryptocurrency industry to...
Over $4 Million Worth of Assets Stolen By Solana Wallet Drainers: Scam Sniffer
15.1.2024
Source: AdobeStock / Tomasz Bidermann Blockchain security firm Scam Sniffer says over $4 million worth of digital assets have been stolen by Solana wallet drainers in phishing attacks in the past month. Solana users should be vigilant for phishing attacks In a recent report, the firm tracked...
Why Video Game Voice Actors Don’t Love The New SAG-AFTRA Deal
10.1.2024
After months of speculation from voice actors concerned with how their voices could be co-opted by AI, and recent announcements from companies like Ubisoft and Tencent that they’ll use NVIDIA’s new AI tools to provide voices for NPCs, the Screen Actors Guild American Federation of Television...
Official X Account of Blockchain Security Firm CertiK Compromised – What’s Going On?
5.1.2024
Source: Pixabay/Werner Moser The X account (formerly Twitter) of blockchain security company CertiK has been compromised with bad actors posting a phishing link to a wallet drainer. On Jan 5, it was revealed that CertiK’s X account was a victim of a phishing attack with several calls from the wider...
Baldur's Gate 3 Actors Share Their Most-Flubbed Lines
3.1.2024
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Baldur's Gate 3 Actors: Intimacy Coordinators Should Be 'Industry Standard'
3.1.2024
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Wallet Drainers Make Off with $295 Million from 320,000 Users in 2023: Scam Sniffer
3.1.2024
Source: AdobeStock / Tomasz Bidermann Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques. In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends...
Angolan National Assembly Approves Crypto Law to Safeguard ‘Monetary Sovereignty’
22.12.2023
The Angolan National Assembly recently approved legislation that seeks to address crypto mining’s impact on the environment as well as safeguarding the country’s “monetary sovereignty.” The objective of this legislation is to also curb illicit activities by preventing...
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
18.12.2023
Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are focused on making the stablecoin ecosystem safer...
Segregation of Exchanges, Market Makers and Custodians Necessary for Crypto Businesses to Thrive
10.12.2023
  Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock. The cryptocurrency sector may be advancing, yet industry experts are becoming aware that exchanges, market makers and custodians must act as separate entities in order...
Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space
1.12.2023
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update our illicit finance authorities to match...
Deputy U.S. Treasury Secretary Puts “Bad Actors” in Crypto on Notice, Delivers Remarks at D.C. Policy Summit
29.11.2023
U.S. Deputy Treasury Secretary, Wally Adeyemo, had choice words for “bad actors” in the crypto space while delivering remarks at the Blockchain Association’s Policy Summit in D.C. Wednesday. “We will find you and hold you accountable” “I want to directly address those within the digital...
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto's 'Bad Actors'
28.11.2023
Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice
TRM Labs Taps Swyftx to Tackle Crypto Scams in Australia
28.11.2023
Source: AdobeStock / Bits and Splits TRM Labs has announced a partnership with Australian digital asset exchange Swyftx to reward virtual asset users who take steps to protect their accounts against fraudulent actors in the country. In a recent press release, the blockchain analytics firm announced...
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...
Steven Nerayoff Lawsuits Will Reveal Facts Supporting Claims Against Key Ethereum Figures, Says Attorney
23.11.2023
Nerayoff’s lawyer detailed plans to legally confront certain Ethereum figures regarding its troubled early days. Image by yurii romanov, Vecteezy. In a new chapter of the ETHGate saga, Steven Nerayoff’s attorney, Michael Scotto, said they have ample evidence to back up forthcoming...
House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency
15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
2.11.2023
The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency...
US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements
27.10.2023
The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel. The world’s largest economy has expressed concerns that some crypto firms are not doing enough to prevent illegal funds flowing to bad actors. Speaking...