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FTX to give a 'one-time' $6M compensation to phishing victims
24.10.2022
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.”
Meta Still Struggling for Its Metaverse to Find Its Legs
16.10.2022
Meta, the company formerly known as Facebook, is still struggling for its metaverse app Horizon Worlds to find its intended audience. The company, that presented a video of full new avatars, including feet this week, was criticized due to the prepared nature of the presentation. In the same...
Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved
23.9.2022
The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country....
Number of Youtube Crypto Stream Scams and Fake Domains Explodes in H1 2022
19.9.2022
A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian...
‘Why Isn’t Anyone Talking About This?’ — Twitter’s Crypto Spam Problem Increases With Legions of CZ Bots, Verified Vitalik Impersonators
14.9.2022
Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto...
July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’
10.8.2022
After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications...
Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots
9.8.2022
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam. Musk...
Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam
2.8.2022
Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used...
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
FBI issues public warning over fake crypto apps
19.7.2022
Fake crypto apps appear to be part of an ongoing game of whack-a-mole with app store operators
US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’
13.7.2022
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists...
Kojima Productions Threatens Legal Action Over 'Assassin' Photo
11.7.2022
Last week a racist joke originating from a shitty corner of the internet got quickly out of hand, and before long French politicians and Greek news channels—among others—were erroneously reporting that an old photograph of legendary game designer Hideo Kojima was actually a photo of Tetsuya...
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
7.6.2022
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik,...
Bloodborne Remastered Rumor Spreads Like Wildfire On Twitter
31.5.2022
If you spent any time on the internet this weekend, you might’ve seen some news about Bloodborne Remastered coming to PC and PS5 this August. The announcement came from what appeared to be a widely known entertainment and gaming news account by someone named Nibellion, who has been on Twitter since...
Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
26.12.2021
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort...
Everything Shown At Today's Nintendo Indie Direct
15.12.2021
Nintendo aired a 20-minute Direct showcase today, focusing on third-party games from independent developers. Those holding their breath for news of Hollow Knight: Silksong will, sadly, have to continue holding their breath. Still, Nintendo packed a whole lot of announcements in not a whole lot...
Walmart Investigates How Fake Press Release of Its Partnership With Litecoin Got Posted
14.9.2021
Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will also work with authorities “to...
Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News
13.9.2021
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after...
Major Game Devs Set Up Fake Company To Launch New Game
24.8.2021
What do you do if you’re a developer so incredibly famous for one particular game, and you want to release something completely different? If you’re Supercell, the creators of mobile phenomenon Clash Of Clans, you create an entirely fake developer and soft-launch your new product under a fake...