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CertiK Alert reports zkFlex Finance exit scam
In an Oct. 8 post on X, Certik, a security-focused ranking platform, reported an exit scam on zkFlex Finance after charts show a 100% in the project’s value. Alongside this announcement, the project’s…
$500M FTX exploit is swapping millions in ETH for BTC. Why?
The perpetrator of one of the largest exploits in crypto history is swapping hundreds of millions in ether for bitcoin. Why? The crypto exchange FTX and Alameda Research faced its downfall in November…
FTX Advisor Kumanan Protects $400M Assets By Using Ledger Nano Wallet
A recent report by Wired revealed that during last year’s FTX hack, FTX advisor Kumanan Ramanathan played a pivotal role in protecting $400 to $500 million worth of FTX assets. The hack resulted in…
Binance CEO Issues Warning on Fake Binance Scam Attempts
In a recent development, Changpeng Zhao, the CEO of cryptocurrency exchange Binance, issued a stern warning to users about the rise in scam attempts targeting the Binance community. The warning comes…
Hackers target Friend.tech users with cunning verification scam
Users of Friend.tech — a decentralized social network — have recently been targeted by numerous hacker attacks. Jason Janowitz — founder of crypto news outlet Blockworks — described in an Oct. 8 tweet…
Hong Kong Police Uncover 11 Binance Scam Cases Worth Millions!
Binance scam fraudsters have been actively targeting individuals by sending phishing text messages, masquerading as Binance, the world’s largest cryptocurrency exchange. These malicious actors are…
Exit Scam Shakes BSC as Hacker Makes Away with $1.11M
Binance Smart Chain (BSC) has bore witness to a staggering exit scam. AegisWeb3, a vigilant blockchain watchdog, raised the alarm, and the token at the center of this scandal is $LSC. $LSC,…
Use These Tools to Secure Your NFTs from Hacks & Scams
The non-fungible token industry is often described as the “Wild West” due to the prevalence of so many hacks and scams. NFTs are an experimental technology and regulations are unclear, yet they can…
Rugpull Case in This BNB Chain Based Altcoin! Price Dropped 99 Percent!
The increasing popularity of Bitcoin (BTC) and cryptocurrencies has also led fraudsters to this sector. In this context, these days, when we constantly hear about new cryptocurrency fraud news, the…
Cross-Chain Crypto Laundering Reaches $7B: Elliptic
Crypto risk management firm Elliptic revealed the total amount of illicit funds laundered through decentralized exchanges (DEXs), cross-chain bridges and coin swap services has soared to $7 billion.…