Scams

Web3 protocols losses to hacks and exploits during the second quarter plunged 58% to $313.5 million from $745 million stolen around the same period last year, according to a CertiK report shared with CryptoSlate.“The decrease in funds lost…

NemoSwap, a Sui-based decentralized exchange, misled the public about investors in its project as two investors named in its $3 million seed round have distanced themselves from the project.In a now-deleted statement, Nemoswap claimed it…

North Korean hacking group Lazarus is suspected of being behind the attack.The Atomic Wallet hack led to a loss of over $35 million in cryptocurrency.Blockchain analytics firm uncovered interesting patterns that point to…

Crypto scams are on the rise. Crypto influencers are using their influence to entice users into investing in scams. One influencer offered nothing, and another promised unrealistic returns, but both influencers still made…

Hackers are now using AI to scam crypto users. A scammer impersonated Charles Hoskinson to promote a scam. Charles Hoskinson offered tips and warned users of rising AI scams.  The advent of AI has revolutionized the world,…

This weekend in crypto saw several peculiar events unfolding, from a thought-provoking fake summit to prominent Twitter account hacks and discussions on potential technological advancements.Uniswap fake eventIn an extraordinary display of…

Over $35 million in cryptocurrency was stolen from Atomic Wallet users.A single user lost $8 million in the hack.Fake refunds are being used to lure more victims. In the aftermath of the Atomic Wallet hack, a new threat…

DAVE, a new meme-coin with Ben.ETH as advisor, lost over $100K to a bot attack.This event follows several other dubious crypto projects linked to Ben.ETH.Questions are rising about the influencer’s credibility and the…

Crypto-related exploits, hacks, and scams in May resulted in nearly $60 million in losses, according to blockchain security firm Certik. On May 31, CertiK confirmed that malicious players in the industry stole $59.8 million through exit…

Pixel Penguins, an NFT project allegedly created by an artist battling cancer, has been exposed as a scam using stolen art. How Pixel Penguins NFTs became popular On May 30, crypto influencer Andrew Wang wrote a Twitter thread detailing how…