Scams

Research conducted by blockchain data platform Chainalysis estimated that $2 billion was lost from cross-chain bridge hacks so far in 2022.Chainalysis stated in the report that the issue now “represents a significant threat to building…

An ongoing Solana (SOL) exploit affecting hot wallets around the network seems to be spreading like wildfire. On Wednesday morning, phrases like “Solana hack” and “Solana exploit” were already trending on…

The scam ran for over two years and defrauded retail investors worldwide.  The U.S. Securities and Exchange Commission (SEC) has released a statement in which it unearthed a worldwide crypto scam that robbed retail investors of…

This summer, two courts – one in the US, the other in the UK – have permitted the service of legal documents through airdrop in separate NFT cases.From gaming assets to a new form of event ticketing, the range of utilities and use cases…

Nomad Bridge, a cross-chain protocol, became the victim of a mind-blowing phishing exploit on Monday, August 2nd, as it lost almost the entirety of its $200 million crypto funds. The protocol was drained of funds over a long process…

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities and Exchange…

Crypto thieves from North Korea are impersonating experts using fake resumes and identities, Bloomberg News reported Aug. 1.According to Bloomberg, interviews with cybersecurity experts showed that these fraudsters actively plagiarize…

Halborn, a blockchain cybersecurity company, has issued an alert regarding a fresh phishing scam targeting the users of leading cryptocurrency wallet MetaMask. Tricked into Giving Passphrases Halborn’s…

Cryptocurrency is seen as the technology of the future, happening today, and its growing recognition has seen it adopted by over 300 million people worldwide. What’s more is that cryptocurrency is designed to be transferred…

The crypto industry is fraught with different malicious actors preying on unsuspecting users, especially the cryptojacking attackers. Many hacks and exploits occur in the industry, targeting crypto firms and individual investors. According…