Scams

NEW JERSEY (WABC) -- Scammers are seizing on the heat wave and tricking local business owners into paying bogus bills using Bitcoin.7 On Your Side says utility customers are receiving QR codes via text along with threats to pay up or have…

The first-ever crypto insider trading case is making waves, after Manhattan prosecutors charged a former Coinbase employee with wire fraud. Ishan Wahi, the ex-employee in question, is said to have shared insights on new coins that…

The U.S. Federal Bureau of Investigation (FBI) detected three fake crypto apps that stole around $42.7 million from 244 victims between October 4, 2021, and May 13, 2022, and recently issued a public warning against such fraudulent…

Los Angeles, July 20, 2022 (GLOBE NEWSWIRE) -- Digital asset and crypto scammers fled away with 1 billion USD in 2021. The number of scams is only rising with each passing year, affecting innocent investors all over the world. In that…

The web3 space has lost $1.48 billion to various scams and attacks between January and May 2022, with only four incidents responsible for 81% of that number, a recent study by cybersecurity company Hacken revealed.Cyberattacks in 2022,…

NFTs stand for non-fungible tokens. NFTs are essentially digital assets - ranging from art, music, photography, memberships and other types of collectables. Owning an NFT means owning digital ownership, which can be proven via the…

Crypto mixer usage reached an all-time high in 2022 with a significant contribution from sanctioned entities and cybercriminals with known state affiliations, according to Chainalysis‘ recent report.The numbers show that the value received…

The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these…

FatMan Terra, in a Twitter thread, revealed how an unnamed “friend” pumped Dock (DOCK) via billboard advertisements and a BitBoy Crypto video.Thought it would be fun to share a story from last year where I watched a friend of mine pump a…

Uniswap has become the latest victim of a phishing attack, which have become a trademark scheme by crypto hackers in 2022. This time, Uniswap’s V3 liquidity pool (LP) suffered an exploit in which NFT positions worth approximately…