Scams Financial News

17.02 / 04:21

regulation Analysis Report Scams crimes Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

Crypto scam revenue was slashed by almost half in 2022 due mainly to falling crypto asset prices, but two scam types managed to stay immune.

15.02 / 18:15

Blockchain Web3 security Scams Is there a comprehensive solution to Web3 security concerns? - Q&A with W3A

Security is one of the biggest concerns among crypto enthusiasts, and with good reason. Cryptocurrencies, being decentralized and digital, are susceptible to various forms of cyberattacks, and digital wallets that store these assets can be easily transferred and stolen without the possibility of recovery. This has led to an increase in scams and malicious schemes aimed at stealing users’ coins and tokens.

13.02 / 10:39

business Blockchain Hackers Scams MetaMask phishing email MetaMask issues scam alert as NameCheap hacker sends unauthorized emails

Popular crypto wallet provider MetaMask warned investors against ongoing phishing attempts by scammers attempting to contact users through NameCheap’s third-party upstream system for emails.

07.02 / 16:47

business Altcoin Scams Venture Capital avalanche Long-standing crypto project vs. scam: Ava Labs CEO shares key difference

Emin Gün Sirer, creator of the Avalanche Consensus protocol and Ava Labs CEO, believes that there is one very straightforward method to spot a long-standing cryptocurrency project.

07.02 / 06:09

business defi Hackers Scams Fraud phishing Lobby 'Haunts me to this day' — Crypto project hacked for $4M in a hotel lobby

The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto h after meeting with scammers posing as investors in a hotel lobby in Rome.

06.02 / 18:51

Blockchain Web3 security Scams 8 hacker tactics to be aware of when protecting your crypto assets

Crypto security is one of the hottest topics for investors and companies actively working on creating better security solutions for the Web3 industry. Web3 Antivirus was created in an effort to make wallet security more accessible to all users in the space. The company offers a browser extension that helps users monitor wallet interactions and spot potential scams and malicious activity before investors fall victim to them.

06.02 / 05:13

business Blockchain Cybersecurity Tokens Scams Cybercrime Dingo crypto token flagged as scam over 99% transaction fee backdoor

The research arm of cybersecurity software firm Check Point has flagged the Dingo Token (DINGO) as a “potential scam” after reportedly discovering a smart contract function that has been used to manipulate transaction fees.

05.02 / 04:31

business regulation Scams Fraud us government Press Release 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.

04.02 / 09:51

Twitter NFT Scams Bot Little Shapes was a ‘social experiment’ to expose NFT botnets: founder

Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter.

04.02 / 06:09

Blockchain Hackers hacks regulation Scams phishing FBI Scammer FBI seizes $100K in NFTs from scammer following ZachXBT investigation

The Federal Bureau of Investigation (FBI) has seized two non-fungible tokens (NFTs) worth more than $100,000 and 86.5 Ether (ETH) from a reported phishing scammer.

03.02 / 09:07

business Scams FTX phishing Customers 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.

03.02 / 08:33

business Government Blockchain Adoption regulation Scams Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams

The Australian government is bolstering its market regulator's digital asset team as part of a “multi-stage approach” aimed at clamping down on crypto and ensuring proper risk disclosures from crypto firms.

02.02 / 23:41

NFT hacks Scams Opensea Porsche NFT trading volume nears $5M: Nifty Newsletter, Jan 25–31

In this week’s newsletter, read about how Moonbirds founder Kevin Rose lost nonfungible tokens (NFTs) worth more than $1.1 million. Find out why an NFT collector is suing NFT marketplace OpenSea over locking his account for three months and how the Porsche NFT collection gained almost $5 million in sales volume, despite a failed launch. In other news, find out how NFT trademarks could potentially be a reliable signal for NFT traders. Lastly, professionals within the Web3 space shared various ways to combat NFT theft.

02.02 / 17:05

Adoption NFT defi Hackers hacks security Scams Developers seek solutions for Web3-related scams from internet browsers

A big concern for users in decentralized finance (DeFi) involves the industry’s susceptibility to exploits. A report from Privacy Affairs revealed hackers stole $4.3 billion worth of cryptocurrency in the time period from January to November 2022 — a 37% increase from the previous year.

01.02 / 05:53

business regulation Scams Fraud Forex investigation 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.

31.01 / 15:49

NFT Hackers hacks security Scams Here’s how to prevent NFT theft, according to industry professionals

As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks.

30.01 / 09:05

Blockchain security Scams investigation phishing Monkey Drainer-linked scammers possibly exposed after an on-chain quarrel

Blockchain security firm CertiK believes to have found the real identity of at least one scammer allegedly linked tothe “Monkey Drainer” phishing scam.

26.01 / 05:39

Blockchain NFT Hackers hacks Scams Marketplace phishing Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move

Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.

25.01 / 22:11

business Twitter Robinhood Hackers Scams Hackers take over Robinhood’s Twitter account to promote scam token

An unknown group or individual has hacked the Twitter account behind crypto and stock trading platform Robinhood to push users to buy a 'new' token.

25.01 / 16:05

Binance Ripple XRP Altcoin Scams Staking Ripple, Binance impersonators target XRP holders via fake staking program

Online fraudsters are impersonating major cryptocurrency firms like Ripple and Binance by creating fake websites and email imposters pretending to provide staking services for XRP.

24.01 / 07:49

business Blockchain Law Adoption privacy Scams Usd Coin Lawyers NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers.

what you should know about Scams

What is Scams and why is it important?

Scams is a trending topic that interests a wide audience. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Scams?

All new posts about Scams can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on Scams?

We rely on trusted sources to ensure that the information about Scams is reliable and helpful for our readers.