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Browsing Category
Scams
Blockchain security companies tackle cryptocurrency theft, ransom tracing
According to data from the Rekt leaderboard, cybercriminals have stolen as much as $3 billion of investor funds through 141 various cryptocurrency exploits since January, putting 2022 on track to top 2021…
Is Bitcoin Safe? – Forbes Advisor Australia
Understanding whether Bitcoin is a safe investment depends on how you define security.
There’s no question that Bitcoin prices can be extremely volatile. In 2022 alone, the price of BTC dropped from almost $US48,000 to around…
How PlusRecoup is Helping Victims of Crypto and Online Scams
American-based company, PlusRecoup, helps those who have suffered from Crypto and other forms of online scams to get their money back
PlusRecoup, who have offices in California and Washington, assist victims of cryptocurrency scams,…
Bitcoin mining difficulty reaches new ATH; FTX, Binance US, Bittrex attacked by same phishing scam
The biggest news in the cryptoverse for Oct. 24 includes a recent spike in Bitcoin mining difficulty leading to a new ATH, FTX agreeing to compensate its users’ losses to a phishing attack, and on-chain data reveals Binance and Bittrex…
On-chain data reveals Binance US, Bittrex also targeted by API attack used on FTX
A joint report by X-explore and WuBlockchain has revealed that the recent API bot attack on FTX and 3Commas had further reaching implications than first believed.The attack on FTX, which happened Oct. 21, utilized 3Commas technology and a…
FTX (FTT) to Provide One-Time Compensation to Recent Phishing Attack Victims
Crypto exchange FTX (FTT) announced on Monday that it’s going to give a one-time $6 million compensation to the victims of a recent phishing attack that gave hackers access to conduct unauthorized trade on some users’ accounts.
FTX boss…
FTX compensating users who lost $6M to phishing attacks “just this once,” says SBF
3Commas, a platform that enables users to build automated trading bots, announced Oct. 21 that three of its customers’ keys were used to execute unauthorized trades on its partner exchange accounts.An investigation revealed that the…
Two SIM Swapping Crypto scammers jailed for 2 years
Two US citizens who are residents of Massachusetts have been sentenced to jail for the criminal offense of stealing the crypto details of some American citizens with the help of notorious processes like hacking and digital Sim…
Mango Markets Manipulator (MNGO) Brags About Pocketing $100k in Meme Coin Rug Pull
Avraham Eisenberg, the self-proclaimed mastermind behind the attack of Solana-based, decentralized finance platform Mango Markets (MNGO), has once again become the center of attention after another controversial move.
In a tweet shared by…
Crypto Investment Platform Freeway (FWT) Halts Services – Token Plunges 80%
Freeway, a centralized crypto investment platform that promises clients rewards of up to 43%, halted all service operations on Sunday, October 23rd, citing “unprecedented volatility” in the foreign exchange (FX) and crypto markets.
The…
