Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and...
The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Chainalysis‘...
FBI initiative saves thousands from crypto scams, recovers $285 million
The FBI’s initiative to counter crypto investment fraud has helped thousands of victims avoid losing millions of dollars since its launch, according to a...
Crypto scammers net over $9B in 2024 as AI supercharges fraud
Malicious actors stole roughly $9.9 billion from the crypto ecosystem last year — the lowest amount since 2021, according to a recent Chainalysis report.The...
Rising ‘share-seed-phrase’ scam targets crypto holders, Binance CEO warns
Binance CEO Richard Teng has warned the crypto community about a rising scam called “share-seed-phrase.”In a Feb. 18 post on X, Teng revealed that...
Safemoon executive pleads guilty in $200M fraud case as project pivots to memecoin strategy
Former Safemoon Chief Technology Officer (CTO) Thomas Smith has pleaded guilty to charges related to a $200 million fraud scheme tied to the controversial...
How centralized power hijacks Web3’s future
The following is a guest post by Tim Delhaes, CEO & Co-founder of Grindery.The mood in crypto has shifted.For some, it’s full-blown nihilism—Web3 has...
Coinbase users lose $46 million to social engineering scams in March
Coinbase users are again in the spotlight after losing more than $46 million to social engineering scams this month alone, according to blockchain sleuth...
Phishing scammers now exploiting Google’s infrastructure to target crypto users
Phishing scams targeting crypto users have become more advanced, with attackers abusing Google’s infrastructure to conduct highly convincing attacks.On April 16, Nick Johnson, the...
Nigerian investors blindsided by massive CBEX Ponzi scheme
Thousands of Nigerians have lost millions to a fraudulent digital asset trading platform, CBEX, which operated as a Ponzi scheme.Early reports from local media...
XRP Ledger developer kit compromised with backdoor to steal wallet private keys
Aikido Security disclosed a vulnerability in the XRP Ledger’s (XRPL) official JavaScript SDK, revealing that multiple compromised versions of the XRPL Node Package Manager...
