Scams Financial News

16.01 / 04:53

Blockchain Hackers Google Scams google ads Google Ads-delivered malware drains NFT influencer’s entire crypto wallet

An NFT influencer claims to have lost “a life-changing amount” of their net worth in nonfungible tokens (NFTs) and crypto after accidentally downloading malicious software found in a Google Ad search result.

15.01 / 19:21

business Adoption Scams Navigating the World of Crypto: Tips for Avoiding Scams

Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks.

14.01 / 00:47

Ethereum Hackers Scams MetaMask DeFi was the most attacked ecosystem in 2022: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

12.01 / 13:01

Blockchain defi Scams MetaMask Poisoning Crypto users Scam alert: MetaMask warns crypto users about address poisoning

A new crypto wallet address scam that tries to take advantage of user carelessness has been on the rise, according to the MetaMask team.

10.01 / 08:47

business Blockchain Cybersecurity Scams crypto phishing SlowMist 5 sneaky tricks crypto phishing scammers used last year: SlowMist

Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord.

09.01 / 09:27

movie Scams Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more

A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned.

07.01 / 01:41

Blockchain defi Scams Lost $3.9 billion lost in the cryptocurrency market in 2022: Report

Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022.

07.01 / 00:39

Blockchain security Scams phishing Time Can real-time transaction simulations prevent scammers from stealing crypto assets?

This year was a turbulent one for the whole crypto space. From NFTs to DeFi and exchanges, all areas of the industry felt the cold blows of crypto winter. Unfortunately, such an unfavorable climate is the perfect breeding ground for scammers to exploit distressed investors’ crypto wallets.

05.01 / 06:17

NFT Scams Fraud Marketplace Exploit Magic Eden to refund users after 25 fake NFTs sold due to exploit

Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit.

03.01 / 06:33

Blockchain defi Hackers Scams exit No 'respite' for exploits, flash loans or exit scams in 2023: Cybersecurity firm

The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK.

02.01 / 09:13

defi Hackers hacks Scams $62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK

Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen, the “lowest monthly figure” of the year according to CertiK.

02.01 / 05:11

Blockchain Scams Reddit community New year community advice: Check your smart contract approvals

On the back of the worst year for crypto hacks and exploits, the crypto community has given some advice to newbie investors going into 2023 — check your smart contract approvals and revoke access regularly.

30.12 / 23:51

defi Hackers hacks Scams exit week DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

30.12 / 05:11

Hackers Cybersecurity Scams phishing recovery Crypto’s recovery requires more aggressive solutions to fraud

It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a “crypto winter” for some time now, with the prices of mainstays, including Bitcoin (BTC) and Ether (ETH), tumbling. Likewise, monthly nonfungible token (NFT) trading volumes have fallen more than 90% since their multibillion dollar peak back in January of this year. Of course, these declines have only been exacerbated by the numerous black swan events rocking the crypto world, such as the FTX and Three Arrows Capital meltdowns. Taken together, it shouldn’t be a surprise that crypto is facing a trust deficit.

30.12 / 03:11

Blockchain Hackers hacks Scams The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks.

29.12 / 05:45

regulation Scams Fraud Crypto Websites California regulator warns of 17 crypto websites suspected of fraud

The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days of crypto brokers and websites it suspects of being fraudulent.

28.12 / 18:15

business Government Scams us government Department Scammers impersonate US State Department, claiming to help affected FTX users

As the FTX collapse left many users yearning for the return of lost funds, scammers are using the opportunity to take advantage of the already injured victims, posing as government officials.

28.12 / 08:55

regulation Scams Ponzi scheme Executives from $1.5B South Korean crypto exchange fraud jailed

Six executives from the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences up to eight years — but three were not detained so they could fight certain charges in court.

28.12 / 07:21

defi Hackers hacks Scams Rug Pull Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

Defrost Finance, the decentralized trading platform that suffered a $12 million exploit leading up to Christmas, has denied allegations that it had “rugged” its users as part of an elaborate “exit scam.”

27.12 / 04:57

Adoption Scams Fraud interview Robocallers have upped their scam game and they’re after your crypto

Professional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in an attempt to swindle information and funds.

24.12 / 23:59

Binance NFT security Scams What is an NFT whitelist, and how can you join one?

Crypto-based scams are constantly sweeping the nonfungible token (NFT) space; therefore, staying updated is the most significant way to prevent both new and existing NFT scams. Other than fraud, intense rivalry for newly minted NFTs may cause prices to rise and transaction fees to skyrocket, making them unaffordable for early supporters.

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