Scams

More than $100m (£85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam.Criminals have stolen valuable NFTs – crypto assets that confer ownership of…

The High Court of Singapore has given the green light to proceed with the liquidation order against Three Arrows Capital (3AC). The order was initially filed in the British Virgin Islands. Teneo, the advisory company appointed by…

The United States Congressman Tom Emmer sent a letter to the Treasury Department’s Office of Foreign Asset Control (OFAC) asking them to explain the Tornado Cash sanctions imposed by OFAC earlier this month. The Congressman also…

To face the growing wave of thefts to cryptocurrency trading platforms, crypto merchants are massively acquiring devices to store funds such as hardware wallets or “cold wallets,” which has triggered sales of companies that manufacture…

Shaktikanta Das, the Reserve Bank of India (RBI) governor, said people were persuaded to avoid crypto because of the bank’s warnings — a positive outcome to him, Coindesk wrote Tuesday (Aug. 23). He said he was “happy” they’d sent the…

Adding to the growing list of exploits, SudoRare developers have shut down operations after withdrawing $815,000 (519 ETH) from the AMM protocol.A Twitter user Sungjae flagged the rug pull after 173 ETH was transferred to 3 wallet addresses…

Prague is the birthplace of the world’s first hardware wallet, the first Bitcoin mining pool, and, reportedly, even the first Bitcoin cafe. It is among the most affluent cities in Central Europe, visited by millions of tourists each…

The tragedy of some has been the blessing of others in the crypto space this year. The increase in cybercrime related to the cryptocurrency industry has fueled the work of firms dedicated to evaluating and ensuring the security of…

Charles Hoskinson, the co-founder of the Cardano blockchain platform, has criticized the U.S. government for adding Tornado Cash, a mixer to obfuscate the origins and destinations of crypto currency transactions, to the list of…

Claiming to “work closely with law enforcement partners across the globe to protect customers from an array of targeted cyber attacks,” Nasdaq-listed crypto exchange Coinbase has released a blog post on the “pig butchering” crypto…