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Reddit User Loses $250,000 in ETH to Crypto Airdrop Scam — How Can Investors Stay Safe?
A Reddit user recently fell victim to an elaborate cryptocurrency phishing scam, losing the equivalent of $250,000 in ether (ETH) after responding to a fake airdrop. The scam first came to…
FTX Attacker Shifts Bitcoin (BTC) in Most Sinister Way
In a startling update, the FTX attacker has once again made headlines as they shifted another $12 million in Bitcoin (BTC) in what can be described as a sinister move. FTX attacker’s crypto mixer…
Multichain users left in the dark as CEO resurfaces
Zhaojun He, the co-founder and CEO of the cross-chain bridging protocol Multichain, has reappeared on Telegram after an unexplained and lengthy detention by Chinese authorities that began in 2023.…
Biggest crypto market manipulations ever recorded
Explore the most significant proven market manipulations in crypto history to date. The crypto and defi space is full of innovation and opportunities but also of risks and challenges. One of the most…
Socket, Bungee Restart Operations After Apparent $3.3M Exploit
Interoperability service Socket and its bridging platform Bungee restarted operations early Wednesday after an apparent $3.3 million exploit led to a temporary pause in trading activity. The incident…
Inferno Drainer crypto scam still a threat despite previous shut down: Report
Singapore's Group-IB highlights the lingering threat of Inferno Drainer in crypto through users of the scam-as-a-service dashboard. Singaporean cybersecurity company Group-IB published a report today…
AI Misinformation and Deepfake Scams Take Over Crypto
The crypto industry faces a new wave of sophisticated scams, propelled by the misuse of artificial intelligence (AI) and deepfake technology. MicroStrategy CEO Michael Saylor has recently warned the…
JUST IN: A Cryptocurrency Platform Is Currently Experiencing a Hack Attack
It is reported that Socket/Bungee, the cryptocurrency ecosystem that mediates the transfer of cryptocurrencies between blockchains, suffered a hacking attack. It has been claimed that the hacker has…
Binance’s 8 Levels of Anti-Scam Risk Control Measures
Given the crypto industry’s nascent nature, crypto is increasingly becoming a guise under which scammers place sophisticated traps. Thus, it is necessary for users to stay educated on the latest…
How Harmony Bridge Bug Gifted Users $2.2 Million in ONE Tokens
There is reportedly a software bug in the smart contract code for the Harmony cross-chain bridge. The exploit caused almost 150 million ONE tokens ($2.2 million) to be wrongly sent to 79 user…