Scams

WSB Coin, the official memecoin for Wall Street Bets subreddit, has seen its value surge by over 200% in the last 24 hours after the team member behind the rug pull offered a refund option. Zjz.eth said he was looking for a refund mechanism…

YODA coin rug pulled and lost 100% of its value on May 5, as crypto sleuth PeckShieldAlert revealed. The project deleted its Twitter account, and the scammer already transferred over 68 Ethereum (ETH), according to PeckShieldAlert’s…

Former OpenSea product manager is looking at 60 years in jail.Manhattan Jury says it’s the first-ever NFT insider trading case.The defendant chose which NFTs to feature on the homepage. A former employee of the leading NFT…

April was bad for exploits, with hackers stealing over $100 million from users. Numerous decentralized exchanges incurred significant losses in April. With hacks becoming increasingly common, users must tread lightly and…

A whistleblower reports AT&T email addresses were hacked. Hackers stole millions of dollars by exploiting AT&T’s internal system. With $20 million reportedly stolen from users, AT&T claims its internal system…

CertiK audited MerlinDEX, which later suffered a $2 million exit scam. The firm denied responsibility but claims it is working on an aid fund for victims. The incident generated outrage, with some users questioning…

TerraForm Labs co-founder Daniel Shin is charged with fraud by South Korean law.The lawsuit tackles nine other Terra investors who breached capital markets law.The criminal case revolves around the malfunctioned stablecoin…

Merlin, a new DEX on zkSync Era, lost $1.82 due to a bug in its smart contracts or private key mismanagement.Just two days ago, Merlin passed CertiK’s code audit.Some evidence points to an inside job by Merlin’s anonymous…

Pepe-inspired memecoin slides 16%.Bad actors lure into phishing websites that pose as PEPE airdrops.Fake PEPE airdrop threads on Twitter soar with artificial engagement. As Crypto Twitter buzzes with Pepe the Frog memes…

KuCoin’s official Twitter account suffered an exploit. Scammers targeted KuCoin traders and social media followers.  Below are some simple steps to protect accounts from similar scams.  Social media scams are running…