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Global deepfake incidents involving AI targeting crypto at peak levels, industry report
AI-driven fraud targeting crypto is gaining steam with the industry a target of 88% of exploits. “With AI-driven fraud remaining the most prominent challenge across various industries, crypto is the…
KyberSwap DEX hacker sends an on-chain message: Be nice, or else
The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities, threatening to push out negotiations until everyone is “more…
KyberSwap hacker promises to outline potential treaty in coming days
The hacker responsible for draining $47 million from decentralized exchange protocol KyberSwap last week pledged to release a statement on a potential deal with victims later this week. The attacker,…
South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’
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…
Bitrace highlights rising crypto fraud risk as trading platforms introduce web3 wallets
The integration of web3 wallets into mainstream trading platforms heralds a new era in digital finance, blending the realms of cefi and defi while also raising concerns about increased vulnerability…
Electric Capital co-founder warns scammers impersonate VC firms, ask money before investing
Electric Capital Co-Founder Avichal Garg warned the crypto community about a new method fraudsters are using to steal money from investors. Scammers have started pretending to be venture capital firms…
Over 100 Physical Attacks on Bitcoin Owners Documented Since 2014, Research Reveals
In light of recent physical assaults targeting bitcoin owners, Jameson Lopp, co-founder of Casa, revealed a substantial list of such attacks on crypto holders, tracing back to 2014. Lopp’s research…
Top 6 Major Crypto Hacks Of 2023
Crypto hacks in 2023 resulted in a $735 million loss across 69 incidents. Atomic Wallet’s $100 million hit is linked to North Korea’s Lazarus Group. As the crypto world navigates another tumultuous…
Symbiogenesis ($SYSIS) Rug Pull Wipes Out $53.7K
Blockchain security firm PeckShield Inc. unearthed a significant rug pulls in the Symbiogenesis ($SYSIS) token, resulting in a loss of $53.7K. This incident comes just days after another rug pull saw…
Apple support imposter to pay back $1.2M after stealing NFTs and crypto
A Los Angeles man who posed as Apple support staff to steal NFTs and crypto has been sentenced to eight years in prison and ordered to repay $1.2 million to victims, according to the Department of…