A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts.
Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer.
Crypto Ponzi scheme AirBit: All but one exec now sentenced
AirBit Club co-founder Dos Santos is now the last AirBit defendant not yet sentenced but is scheduled to learn his fate on Oct. 4, 2023.
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.
Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report
Private keys getting compromised took over $204 million across 14 security incidents in the third quarter of 2023.
September becomes the biggest month for crypto exploits in 2023: CertiK
The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September.
DraftKings’ Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.
OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme.
Crypto whale loses $24M in staked Ethereum to phishing attack
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat.
MetaMask scammers take over government websites to target crypto investors
Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites.
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
UK considers blanket ban on crypto investment cold calls
The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products.
Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report
The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering, and sex crimes.
Crypto P2P scams in India show digital asset education is needed
Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.
Terra.money website frozen to prevent more phishing scams
The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.
Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police
Playing crypto games can be riskier than investing in cryptocurrencies, according to the Filipino ACG, considering the ease with which gamers can lose their digital tokens and NFTs.
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users.
How to identity fake cryptocurrency
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud
The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns.