The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount
Category: Crypto Scams
MetaMask warns Apple users over iCloud phishing attacksMetaMask warns Apple users over iCloud phishing attacks
ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default
Australian competition regulator takes Meta to court over fake crypto adsAustralian competition regulator takes Meta to court over fake crypto ads
The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading
Blockchain community busts alleged $20M NFT drop scam before sale completionBlockchain community busts alleged $20M NFT drop scam before sale completion
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or
4% of crypto whales are criminals and they have $25B between them: Chainalysis4% of crypto whales are criminals and they have $25B between them: Chainalysis
Chainalysis data shows that 4068 criminal whales (roughly 4% of all whales) are hodling more than $25 billion worth of cryptocurrency between them. The blockchain analytics firm defines criminal whales
Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC chargesBitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges
Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder Satish Kumbhani is unknown.
Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital AssetsNamibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that
Alleged $3.6B crypto Ponzi’s ‘victims’ still believe the exchange is legitAlleged $3.6B crypto Ponzi’s ‘victims’ still believe the exchange is legit
Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their investments.
Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency ScamsMajor British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams
Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The bank has provided several tips for customers
US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect InvestorsUS Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at