Scams

AdThe French National Assembly’s Economic Affairs Committee agreed to ban influencers from advertising and promoting unlicensed crypto products and projects on social media.The ban is part of Bill no. 790, which is the French government’s…

The recently launched AI trading app called Harvest Keeper saw almost $1 million of users’ funds drained through a series of ice phishing and function attacks on its blockchain.The AI-based dApp that promised high returns for investors…

A phishing campaign falsely promising access to a new USDC DeFi trading platform emerged on social media on March 16.Fake USDC trading platform emergesThe false blog post promoting the swap platform is located at http-circle-dot-blog, while…

Cryptocurrency investment fraud in the U.S. was up almost 3x year-over-year in 2022 — making investment fraud the “costliest scheme reported,” according to the FBI’s 2022 internet crime report.Crypto fraud up 183%Crypto investment fraud hit…

Euler sent two on-chain messages to the hacker who stole almost $200 million from the protocol.Euler threatened the hacker with arrest.The exploiter has yet to do anything with the funds. Euler, an Ethereum-based lending…

GPT-4 has already shown its usefulness in reviewing Smart Contract Code.An exploited Solidity Smart Contract was fed into the AI, where it promptly pointed out all the vulnerabilities.There is still a long way to go for AI…

Euler users lost millions of dollars denominated in various tokens and coins.The hacker used a sophisticated scheme to exploit one of Euler’s smart contracts.Euler indicated that there’s a possibility that it’ll retrieve…

Hedera’s recent security breach caused panic on Crypto Twitter.Hedera blockchain wallets are showing zero balance for investors.HBAR dropped 5.5% in the last 24 hours and 18% since last week. The emerging open-source…

On-chain data showed ~$60 million in stablecoins taken off Huobi around when HT Token lost 93% of its value.Justin Sun has defended his withdrawal from Huobi and also added funds back.Some are skeptical of the withdrawal…

Scammers are using a fake Polkadot airdrop to clear user wallets. Crypto scams have been running rampant on Twitter since Musk took over.  If it sounds too good to be true, it probably is. With crypto scams running amock,…