Coinbase users reportedly lose over $300M yearly via social engineering scams
On-chain investigator ZachXBT recently shared data revealing that Coinbase users lose more than $300 million annually due to social engineering scams.Over the past few...
Scammers hijack Visa, Dean Norris social media accounts to promote fake Solana tokens
Over the weekend, hackers targeted the social media accounts of Visa and Hollywood actor Dean Norris to promote fraudulent crypto tokens.The incidents have raised...
Trump family’s memecoin launches spark frenzy of scam tokens
The official President Donald Trump memecoin called TRUMP launched on Jan. 17 and soared to a $72 billion market valuation within just two days.Backed...
Hackers exploit booming crypto market, laundering hits $1.3 billion in 2024
Crypto laundering from hacking activities skyrocketed in 2024, with $1.3 billion funneled through illicit methods.On Jan. 13, blockchain security firm Peckshield reported a staggering...
India partners with tech giants Google, Meta to curb ‘pig butchering’ scams
India has intensified efforts to curb crypto-related scams by collaborating with tech giants Google and Meta (formerly Facebook), according to the Ministry of...
How Tether, TRON, TRM Labs froze $100 million in stolen digital assets
T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents.Formed by Tether, TRON, and TRM Labs...
Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according...
Rising crypto scams in France trigger crackdown by authorities
The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has...
Rising crypto scams lead to $2.3 billion in total losses in 2024
Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a...
SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme...
