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Bitcoin
$16M in crypto lost to hacks in August — Report
A total of $15.8 million in cryptocurrencies were lost to hacks or exploits in the month of August. According to an Aug. 31 report by blockchain security firm Immunfi, a combined $23.4 million in…
US crypto radio host imprisoned for $650K alpaca farm fraud
The host of a weekly crypto radio show received a two-year prison sentence on Wednesday after deceptively applying for over $660,000 in Covid-19 relief funds and spending the money on building his own…
YouTuber Loses $60K Worth of Crypto After Showing Seed Phrases on Stream
Ivan Bianco, a blockchain gaming-focused YouTuber based in Brazil who runs the channel Fraternidade Crypto, apparently had nearly $60,000 worth of cryptocurrency and a stash of NFTs stolen this week…
SHIB Scam Alert: Malefactors Managed to Launch X Advertising Campaign
Despite sophisticated security mechanisms, malefactors are getting verification badges in Twitter here and there. However, some of them have even more dangerous instruments to steal the money of…
Karnataka Police Launch Internal Probe Over Handling of Evidence in Bitcoin Scam
People count on the police to be vigilant and help keep them safe from scams, including cryptocurrency fraud. So accounts on Thursday of a probe of police officers in the state of Karnataka, India,…
Brazilian footballer Ronaldinho denies participating in alleged crypto scheme
Legendary Brazilian footballer Ronaldo de Assis Moreira, better known as Ronaldinho, has denied participating in an alleged cryptocurrency scam that was both named after him and used his likeness,…
This YouTuber Lost $50,000 After Self-Custody Blunder
A Brazilian YouTuber with the channel Fraternidade Crypto lost over 86,399 Polygon (MATIC) tokens after mistakenly opening a file revealing his private key in a livestream. According to an X (Twitter)…
Elon Musk to Add Audio & Video Calls to X (Twitter): Will Scam Bots Take Over?
In the rapidly changing social media ecosystem, Elon Musk’s announcement about incorporating audio and video calls into X, formerly Twitter, resonates as a transformative move. According to Musk,…
Users in Shock: StarkWare Announces Zeroing Out All Non-Upgraded Cryptocurrency Wallets
StarkWare, a company that provides scalability and privacy solutions for blockchains, announced that all users who did not upgrade their wallets to the latest contracts by August 21, 2023, permanently…
‘Drop in the Ocean’: CoinShares on Crypto Usage in Financial Crime
Adamant cryptocurrency critics have always insisted that digital assets are used for ransom processing or money laundering. CoinShares debunks these concepts and explains how crypto makes the global…