Scams

The crypto industry is perpetually vulnerable to malicious activities, with hackers seemingly relentless in their pursuits. It’s been only two months into 2024 and crypto scams are already making their appearance. According to…

In February, the crypto industry saw losses totaling approximately $160 million due to exploits, hacks, and scams. The figures represented a slight dip from January despite an increase in prices. According to the latest…

Hayden Adams, the founder of Uniswap, took to social media to alert the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams’ warning sheds light on how…

The SlowMist Security team revealed receiving numerous reports of theft. Upon investigation, they found that a significant portion of these thefts were facilitated by deceptive comments under tweets from well-known…

Regulators are shedding light on scammers leveraging the allure of artificial intelligence (AI) to promote crypto trading systems with faulty claims of high or guaranteed returns. With the trend of using automated software for trading…

In a recent consumer alert, the Commodity Futures Trading Commission (CFTC) warned about the proliferation of scams leveraging artificial intelligence (AI) to lure unsuspecting individuals into fraudulent crypto investment schemes.…

Michael Saylor, the tech titan synonymous with Bitcoin and his massive holdings at MicroStrategy, has issued a warning: the cryptocurrency world is awash in scams, and your beloved Bitcoin might be at risk. Saylor’s stark…

In a comprehensive annual report released by web3 security firm Scam Sniffer, alarming statistics highlight the growing threat of phishing scams in the crypto industry. According to the report, these scams resulted in the theft of…

© Reuters. SYDNEY - In a move to bolster cybersecurity, Vodafone (NASDAQ:) and the Commonwealth Bank of Australia (OTC:) (CBA) have launched a real-time intelligence-sharing pilot program aimed at disrupting SMS scams, which have…

The government says Binance has agreed to look back and report to FinCEN about the suspicious transactions which it had failed to report. Cryptocurrency exchange Binance “willfully failed” to report to regulators more than 100,000…