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NFT Scams: Types And How To Avoid Them
NFT scams have quickly become a major concern in the digital asset realm, overshadowing the growing Non-Fungible Token world. They range from NFT scams on Instagram to complex NFT art frauds like the…
Two years for builder who lost fraudulent Covid loan in crypto scam
A London builder who fraudulently applied for a £50,000 ($62,000) Covid-19 loan before losing it all in a crypto investment scam has been sentenced to almost two years in prison. As announced by the…
IBM Introduces New Cold Storage Tech for Crypto Assets
IBM has released a cryptographic signing technology for handling digital assets in cold storage, reducing the risk associated with manual procedures while keeping assets at arm's-length from an…
Binance Backed Crypto Wallet Firm Web3Auth, and Safe Launch SafeAuth
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and…
KyberSwap hacker moves $338k into Tornado Cash
The KyberSwap hacker is moving funds into Tornado Cash, according to data from CertiK. The KyberSwap hack saw the defi market maker lose $48.8 million in November. Earlier last week, the hacker sent…
Canadian crypto criminals in for the long run, officials predict
A report from Canada’s financial intelligence unit predicts that criminals will continue to rely on crypto laundering to hide their funds while maintaining an “overwhelming reliance” on mixing…
Exploring the Significance of Private Keys and How to Protect Them
In the ever-evolving landscape of the cryptocurrency market, safeguarding your digital assets is paramount. Your best defense against potential threats lies in understanding the significance of…
Web3 firm detects major security flaw in common smart contracts
Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3 ecosystem.” On Dec. 4, Thirdweb reported a…
AI Chatbot Jailbreaks Reveal Private Data from OpenAI and Amazon
ChatGPT developer OpenAI has plugged a hole that prompted its flagship chatbot to reveal internal company data. The leading AI firm has classified the hack—prompting ChatGPT to repeat a word over and…
Australia proposes scam code to curb fraud in banking, ‘crypto’
Australia wants stakeholders in scam-prone sectors like banking, digital platforms, and, in the future, digital assets to take more measures to address the rising scams in the country. In a…