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GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania
15.5.2023
Despite multiple warnings from Voshy, the meme coin's creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security
Irish newspaper apologizes for misleading AI-generated article
15.5.2023
A daily newspaper in Ireland released a statement saying it was “deliberately deceived” to believe the identity of a guest writer that turned out to be AI
To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters
11.5.2023
A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued
10.5.2023
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the Philippine National Police Anti-Cybercrime Group said trafficking...
Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
5.5.2023
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators
UK government targets fraudsters with new ban on cold calls for crypto
3.5.2023
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing."
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
1.5.2023
The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023
YouTube helps recover hacked channel that attempted XRP crypto scams
30.4.2023
YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers
Tencent Cloud to reportedly offer deepfake creation tool at $145
29.4.2023
Tencent Cloud’s deepfake creation service can analyze and train itself on three-minute videos and 100 voice clips to produce a convincing deepfake video within 24 hours
Not funny: Comedy club NFT debacle teaches lesson in transparency
28.4.2023
What started with a comedy club would later become a notorious case of legal loopholes and frustration for the nonfungible token community
One crypto wallet launched 114 dodgy memecoins in two months
27.4.2023
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone
Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding
20.4.2023
The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program
Australian crypto scams increased by over 162% with nearly $150M lost
18.4.2023
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022
Etherscan Reconfigures Blockchain Explorer Settings to Filter Out Potential Scams
10.4.2023
Zero-token value transfers will no longer be visible by default as a way of preventing “address poisoning” hacks
Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
10.4.2023
They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others. Special report by Anna Baydakova
Spate of “Free NFTs” Scams Blights South Korea
6.4.2023
South Koreans are under attack from non-fungible token (NFT) scammers who pose as bona fide project operators to drain crypto from their victims.
Yonhap reported that “phishing emails” that “steal cryptoassets” from their victims are “being distributed on a large scale,” per a warning from...
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
Net losses from crypto theft down sharply in Q1 2023 at $322M: Report
31.3.2023
A report from app provider De.Fi showed losses from theft down in Q1 2023 compared to last year, along with recovery of funds; Euler accounted for a huge share of both
The Steam Card Scams That Keep Some GameStop Employees Up At Night
30.3.2023
Someone walks into a GameStop and asks where the gift cards are. They proceed to buy a bunch of them. Not just $40, or $80, but hundreds of dollars worth of Steam cards, Razer Gold, or some other gaming currency. They don’t look like someone who’s kneed deep in the seedy underworld...
Polygon to help fight NFT scams with Web3 infra protocol partnership
29.3.2023
Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality