Crypto Catastrophe: Nearly $600 Million Vanishes in Q2 Hacks and Scams
The cryptocurrency space faced a turbulent second quarter, with roughly $572.68 million lost to hacks and scams, marking a significant ...
Tag: crypto scams
Rise Of Crypto Scams: Fake Websites And Misinformation Plague The Industry
Recent reports reveal a surge in fraudulent activities within the crypto space, ranging from fake websites featuring fabricated team members ...
Crypto Losses Mount As Hacks And Rug Pulls Skyrocket In 2024, Report Finds
The ongoing bull run in the crypto market has brought soaring prices, fueled by regulatory breakthroughs and significant events like ...
April Marks A Record Low In Crypto Hacks And Scams: A Sign Of Strengthening Security?
In April, the crypto community witnessed a historic downturn in financial losses due to fewer hacks and scams. According to ...
Is Your Crypto Safe? Trezor Addresses Concerns Over Hack, Claims “Sophisticated Phishing Scam”
On March 19, Trezor’s X suffered a security breach that exposed the account’s 200,000 followers to a fake crypto presale. ...
Crypto Gaming Platform PlayDapp Hit By Double Exploits, Losing $290 Million In Massive Breach
Crypto gaming platform PlayDapp has been the victim of a series of breaches, resulting in the loss of millions of ...
Crypto Investment Scam: Kansas Banker Arrested For Embezzling $47 Million In Funds
According to a Bloomberg report, the former chief executive officer of a Kansas bank has been charged with embezzling $47.1 ...
CFTC Issues Warning On AI-Driven Crypto Scams Exploiting Arbitrage Trading Strategies
In a recent consumer alert, the Commodity Futures Trading Commission (CFTC) warned about the proliferation of scams leveraging artificial intelligence ...
