Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT c...
Tag: Scammers
Continuous Rise of Crypto Scammers in the European Nations
There have been multiple cyber attacks and exploits over the last two years in the crypto sector. The weak crypto regulations and less focus on the crypto market paved a path for the scammers to steal...
Scammers Target Australians in Cryptocurrency Call Center Scheme
It has come to light that people of Australia are the principal targets of a sophisticated multinational network of con artists that operate out of call centers focused on bitcoin. The network is beli...
Crypto Scammers Target Affluent Australians the Most
A raid of four Serbian call centers by European agencies revealed that Australian citizens are the favorite target of crypto scammers. Despite its innumerable utilities, the blockchain industry is a b...
Solidly Fork on Arbitrum Becomes Target of Scammers
Arman Shirinyan Solidly fork itself is fine, but users should avoid honeypots around it Recently, there have been reports of scammers taking advantage of the Sterling Solidly fork on Arbitrum by launc...
Phishing Scammers Strike Again Faking Ethereum Denver Website
The cryptocurrency industry has long been a target of phishing attacks, and it seems that hackers are finding new and more clever ways to scam their victims. This time, it was the website of an antici...
Ethereum Denver Website Fallen Victim to Scammers
2 hours ago | 2 mins read Editors News The ETHDenver conference website scammed by fraudsters in a fake website. Blockfence noticed the fake website. The Ethereum Denver conference website duplicated ...
Scammers Deploy Dozens of Fake ChatGPT Tokens
Three newly-deployed tokens have been identified as honeypots, while two have a high sell tax. Scammers recently created numerous Bing ChatGPT tokens in an elaborate attempt at defrauding unsuspecting...
Scammers intervene in long-awaited official Blur airdrop
Blur NFT marketplace finally announced its long-awaited airdrop on Feb. 13. However, scammers have been trying to abuse the situation to steal users’ funds, a blockchain security firm claims. A scamme...
Hong Kong woman paid scammers $800K in crypto to adopt cat
A woman in Hong Kong lost nearly $800,000 when she attempted to adopt a kitten but instead got caught up in an elaborate crypto scam, reports Alarabiya News. The 58-year-old woman’s ordeal began when ...
Scammers target French politician in latest XRP Twitter scam
Hackers hijacked the Twitter account of an obscure French politician earlier this week, using it to promote a Ripple (XRP) scam. According to reports, the account, belonging to Municipal Councillor Qu...
Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick
Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key...
Scammers Seek To Exploit Damus’ Popularity With Fake Tokens
Bad actors have launched scam tokens claiming to be linked to the Damus app. The team has confirmed that there will be no token for Damus and that users should be wary of scams. Bad actors are exploit...
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
The New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into their fraudulent cryptocurrency investment schemes. The three firms hit with the cea...
FTX customers warned of scammers baiting them with return of assets
Bankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its already-embattled customers. On Feb. 3, FTX issued an alert to its customers regardi...
FTX Warns Its Customers About Scammers Offering Return Of Their Lost Funds
Bad actors are attracted to the blockchain space due to its anonymous nature; these individuals seek to scam and steal funds from investors. This time, a group of fraudsters targets the already embatt...
Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams, according to an independent analysis. A joint investigation by media firms ...
UK corporate law is too weak for crypto scammers, report shows
A recently released investigative report compiled by the Bureau and the Observer reveals that organized criminal groups use the United Kingdom as a virtual base for their scamming activities due to th...
Crypto users lost $28m to scammers in January
A report by web3 security firm CertiK has revealed that crypto users lost a combined $28 million to an assortment of exploits, hacks, and scams in January. According to the report, the industry lost a...
Here’s how crypto wallets are detecting scammers, courtesy Coinbase
The most recent cryptocurrency wallet service to roll out transaction previews and blocklists is Coinbase. The bitcoin exchange now stands alongside many other vendors of cryptocurrency wallets. In re...
New Features in Coinbase Crypto Wallet Protects Users Against Scammers
The need for consumer protection has recently increased, given the high occurrence of scams and hack incidents in the crypto space. As a result, even global regulators, governments of different countr...
Monkey Drainer-linked scammers possibly exposed after an on-chain quarrel
Blockchain security firm CertiK believes to it has found the real-life identity of at least one scammer allegedly linked to the “Monkey Drainer” phishing scam. Monkey Drainer is the pseudonym for a ph...
Beware These NFT Scammers on Twitter, On-Chain Sleuth Warns
The popular on-chain sleuth ZachXBT recently called out two growing Twitter accounts for perpetrating multiple NFT-related scams over the past month. The analyst explained the timeline of events on F...
FBI Strikes Back: Seizes Millions in Bitcoin from Overseas Scammers
Bitcoins worth millions of dollars have been seized by the FBI. Scammers posing as US law enforcement personnel have been cheating people out of millions of dollars in Bitcoin in recent years. These s...
FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials – Featured Bitcoin News
The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agenc...
Alleged scammers send FTX 2.0 token from FTX wallets
A token called FTX 2.0 (FTX2.0) is being spread among cryptocurrency users from an actual FTX address, one transaction moving 22 million to a wallet controlled by Justin Sun — a co-founder of ethereum...
Scammers Airdropping Fake FTX 2 Token to Make it Look Like official FTX airdrop
– Advertisement – The token’s smart contract has a backdoor function that could potentially allow scammers to manipulate a user’s wallet balance. Hackers are once again targeting the crypt...
Scammers are out to get your mortgage money and even your home. Here’s how to fight them off.
We’ve all seen the email scams: “This is a genuie request.” “Your lendar has detected an unpaid sum.” “I’m a prince and I need your help.” Digital fraud has become highly sophisticated and, according ...