Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK
Malicious actors stole more than $750 million in various crypto-related hacks and scams during the third quarter, pushing total losses for the year...
Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as...
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE —...
Binance blocks $2.4 billion in potential crypto scams in 2024
Binance, the largest crypto exchange by trading volume, announced that it had prevented over $2.4 billion in potential user losses from scams and...
How traders make over $60k per week rugging 98% of memecoins on Pump.Fun
Rugging, a term for deceptive and fraudulent crypto practices, is rampant in some areas of the crypto industry, with some individuals, like the...
Minnesota Crypto Scam Costs Couple Over $9 Million – CryptoMode
An elaborate crypto scam unfolded in Minnesota, leaving a resident defrauded of $9.2 million across 21 transactions. The victim fell prey to the cunning...
Is Trending Cryptocurrency BTC20 Legit Or A Scam – Twitter Suspended, Reactivated After Presale
The BTC20 crypto project has had its original Twitter account reactivated, after it was briefly suspended following the conclusion of its presale.
Social media channels...
Avoiding Bitcoin Phishing Scams: Tips and Best Practices
As the popularity of Bitcoin and other cryptocurrencies continues to grow, so does the risk of falling victim to phishing scams. Phishing remains one...
7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store
Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users...
PH authorities strike a major blow against cybercrime
Joint operation by DOJ, PAOCC and DICT-CICC nets thousands of SIM cards, 650 persons of interest, 800 computers, 2000 smartphones and several units of...
