Search
DeviantArt Embraces AI Art, Screws Up Massively
14.11.2022
DeviantArt is a website that has survived multiple generations of the internet because it does one thing and does it well: it lets artists upload and share their work. That’s it! So it’s both funny and more than a little tragic to see the site try something new last week, only for it to be...
Cop 'Discharged' For Trying To Scam Store Out Of $400 Worth Of Pokémon Cards
14.11.2022
A former officer of the Johnson County Sherriff’s office in Kansas has had his police license revoked after he was caught trying to short-change a store out of nearly $400 worth of Pokémon cards.Read more
Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?
13.11.2022
Former Treasury Secretary Larry Summers has compared the sudden fall of cryptocurrency exchange FTX to energy trader Enron's scandal in the early 2000s.
In a "Wall Street Week" interview with Bloomberg, he said that while "a lot of" people have compared this to Lehman, he believes it is more...
CEO Of Crypto’s Biggest Bust Played League Of Legends While Pitching Investors
10.11.2022
FTX CEO Sam Bankman-Fried spent the last year on a victory tour. The “crypto kingpin” held court at Bloomberg’s Crypto Summit over the summer and was crowned as a mega donor savior to Democrats in the midterm elections. His company even gloated about him playing League of Legends during high-level...
Fake OneCoin-selling Surgeon and Businessman Jailed in Argentina
9.11.2022
A criminal court in Argentina’s Córdoba has jailed two men – a businessman and a surgeon – for their part in developing a pyramid scheme based on selling fake tokens they claim were “affiliated” with the OneCoin crypto scam.
Clarin reported that the court sentenced the 33-year-old Adolfo Rodrigo...
‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
8.11.2022
The list comes out as part of Australia's 2022 Scams Awareness Week
Influencers of $7 Billion Crypto Project Issued Subpoenas by SEC – Here’s What You Need to Know
6.11.2022
The US Securities and Exchange Commission (SEC) has subpoenaed some influencers of HEX, a crypto project with a market cap of around $7 billion.
Prominent crypto evangelist Eric Wall initially revealed the news on Twitter, sharing the official documents sent by the regulatory body. He added that...
SEC Charges Coin Club Founders for $295 Million Ponzi Scheme
5.11.2022
The US Securities and Exchange Commission (SEC) has filed charges against the founder and three promoters of Trade Coin Club, arguing that they duped investors into sinking money in a fraudulent crypto trading bot....
Read More: SEC Charges Coin Club Founders for $295 Million Ponzi Scheme
Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram
3.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Mastercard Launches Start Path Crypto, Meta Bringing NFT Minting & Trading to Instagram
Hyped Mystery Square Enix Game Turns Out To Be NFT Junk
3.11.2022
While several big gaming companies have flirted with the idea of non-fungible tokens, none has embraced the crypto scam with as much blind confidence as Square Enix. Now the Final Fantasy maker has finally revealed its first NFT stunt, Symbiogenesis, crushing fan hopes that the previously leaked...
Ethereum Founder Vitalik Buterin Concerned About Elon Musk’s Twitter Plan
2.11.2022
Ethereum (ETH) co-founder Vitalik Buterin has shared a scam-related concern over Tesla and Twitter chief Elon Musk's blue check system, but said that there may be a solution.
On November 1, following statements that a blue checkmark on Twitter for verified users could cost its owners $20 a month...
Alleged Japanese Scam Operators Paid up to 3,000 ‘Investors’ in a ‘Worthless’ Cryptoasset
2.11.2022
A group of Japanese lawyers has alleged that 3,000 people may have been duped in an apparent Ponzi scheme allegedly hatched by a firm that pledged to pay investors in a “worthless” cryptoasset....
Read More: Alleged Japanese Scam Operators Paid up to 3,000 ‘Investors’ in a ‘Worthless’ Cryptoasset
Nifty News: NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more
2.11.2022
A new NFT marketplace is giving a hard pass to optional royalties, bucking the trend, and NFTs are getting a new home on Ripple’s XRPL
Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators
1.11.2022
Tesla, Spacex, and Twitter boss Elon Musk has decided to charge $8 per month for users of the social media platform to have a blue checkmark. “This will also give Twitter a revenue stream to reward content creators,” Musk explained, adding that “it is the only way to defeat...
Most Crypto Scams are Happening on This Blockchain – Here’s What You Need to Know
28.10.2022
Cryptocurrency risk monitoring platform Solidus Labs said that over 10% of tokens showing scam characteristics reside on Binance's native BNB Chain. Less than 10% is seen on Ethereum (ETH).
The research firm announced its real-time, on-chain Threat Intelligence tool on Thursday, saying that it...
Singapore Police Received 631 Cryptocurrency Scam Reports in 2021, Government Says
28.10.2022
The government of Singapore has revealed the number of crypto scams reported to the police in the past three years. “The vast majority of cryptocurrency scams are perpetrated by scammers based outside Singapore. As such, there is a limit to how much law enforcement agencies in Singapore...
Web3 sees 15 new scam smart contracts an hour: Solidus Labs
28.10.2022
Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain
Crypto Trading Firm PGI Dissolved in UK After Alleged Scam
27.10.2022
PGI Global UK has been shut down after allegedly scamming would-be investors of around $709,000 between July 2020 and February 2021
Phishing scammer Monkey Drainer has pilfered as much as $1M in Ethereum
27.10.2022
Four addresses have been flagged relating to Monkey Drainer, including the monkey-drainer.eth address, with Chainabuse showing a long list of reported victims relating to these accounts
$160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’
25.10.2022
UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.
"Has anyone been able to withdraw over the recent days," members have been asking in Freeway's Telegram channel, with many...