Cryptocurrency scams have reached unprecedented levels of sophistication, leveraging advanced technologies and social engineering tactics to defraud unsuspecting investors. The recent case involving the loss of $864,984 in stETH, aUSDC, and ezETH serves as a stark reminder of the need…
$55 Million Crypto Stolen in January Across EVM Chains, Targeting 40,000 Victims
In the digital age, the proliferation of cryptocurrency has ushered in a new era of financial freedom and innovation. However, this advancement has also attracted malicious actors seeking to exploit the burgeoning ecosystem. January witnessed a staggering $55 million pilfered…
Founder of American Bitcoin Academy Allegedly Scams Students Out of $1 Million in Fake Hedge Fund Scheme
In the fast-paced world of cryptocurrencies and digital assets, the promise of lucrative returns has attracted both seasoned investors and those new to the market. However, not all ventures in this space are legitimate, as highlighted by the recent case…
Sim-Swapping Scammer Sentenced to Prison for Stealing Crypto and NFTs
In a significant development, a 25-year-old man named Amir Hossein Golshan has been convicted and sentenced to eight years in federal prison for orchestrating sim-swapping attacks to hijack Instagram accounts and steal money from victims. The anonymous security researcher known…
Defending Against the Inferno Drainer Scam: A Comprehensive Guide to multi-chain scam -Web3 Security
Diving into the strategies you can employ to protect yourself and maintain safety in light of the notorious Inferno Drainer scam, this guide focuses on equipping users with real-time protection through off-chain and on-chain data analysis. As a dedicated anti-scam…
Police and government employees among victims of a crypto scam in Himachal Pradesh, India
Over one thousand police personnel were duped by a cunning cryptocurrency fraud in the Mandi region of Himachal Pradesh. Both Korvio Coin and DGT Coin were the official names of this hoax. It deceived several law enforcement officials into parting…
This Former Multichain Engineer is Launching a New Project While $125M Lost is Still Unanswered
Many things can get suspicious in the crypto industry. There are many cases of rug-pulling in the crypto industry and even insider hacks. So, this is the case of a former Multichain engineer who recently launched a new project. Former…
Did Binance and Tron Foundation together Manipule Crypto Market ?
One of the well known crypto channel blogger, Tyler Swope (known as Chico Crypto) claims facts against CEOs of Binance and Tron Foundation involved with possible market manipulation.( Video embedded below) Chico claims the CEOs of t TRX and BNB coins pumped…
An Obituary of Bitconnect
Though crypto-currency has achieved a few milestones over the years, it has also seen a lot of people lose a lot of money after a few scam artists pulled a fast one on them. Such is the case of defunct…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
