Scam

Ethereum Rival Tumbles As Hackers Drain About $100,000,000 From Its Crypto Bridge

One Ethereum (ETH) competitor is taking a large hit after hackers drained roughly $100 million value of crypto from its cross-chain bridge. The Concord (ONE) staff says the breach occurred on the morning of June twenty fourth on the Horizon bridge, which allows customers to maneuver crypto belongings between Ethereum, Binance Sensible Chain and Concord. …

Ethereum Rival Tumbles As Hackers Drain About $100,000,000 From Its Crypto Bridge Read More »

Coinbase Introduces Kyc Rules For Its Netherland Users To Comply With Local Legislation

Europe is rising its regulatory tempo. The Markets in Crypto Belongings Regulation (MiCA) proposed in 2020 is the EU’s response to the necessity for an encompassing regulation for digital belongings. The elevated market volatility has heightened requires a regulatory framework for digital belongings. The tripartite of the European Fee, the European Parliament, and the 27 …

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Indian Crypto Investors Have Lost $128 Million Due To Fake Exchanges And Wallets

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Crypto traders in India have misplaced over $128 million (almost Rs 1,000 crore) resulting from a complicated phishing rip-off that features faux cryptocurrency exchanges. This scheme was uncovered by cybersecurity agency CloudSEK who stated the operation concerned malicious domains and Android purposes.  CEO …

Indian Crypto Investors Have Lost $128 Million Due To Fake Exchanges And Wallets Read More »

Dogecoin Gaining Popularity For Illegal Activities, Elliptic Report Says

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Common meme cryptocurrency Dogecoin (DOGE) has more and more turn out to be related to a number of illicit actions comparable to terrorism financing, Ponzi schemes, and youngster intercourse abuse, in response to a new report by Elliptic. The blockchain analytics …

Dogecoin Gaining Popularity For Illegal Activities, Elliptic Report Says Read More »

Executive From Crypto Exchange Huobi Accused Of Netting $5,000,000 Via Illicit Trading: Report

Crypto alternate Huobi is reportedly suing a former govt accused of raking in $5 million in Tether (USDT) by secretly buying and selling towards an organization account below his management. The Monetary Instances reports Chen Boliang engaged within the unlawful buying and selling scheme between February and March 2020 whereas he was nonetheless a senior supervisor …

Executive From Crypto Exchange Huobi Accused Of Netting $5,000,000 Via Illicit Trading: Report Read More »

Chainalysis Unveils A 24/7 Hotline For Victims Of Cryptocurrency Crimes

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! The macroeconomic-fueled crypto market downturn has taken the central stage consideration since Q1 2022. Nevertheless, it isn’t the one space of concern. CipherTrace just lately reported that the spontaneous progress within the authentic use of cryptocurrencies dwarfed its use for illicit …

Chainalysis Unveils A 24/7 Hotline For Victims Of Cryptocurrency Crimes Read More »

Tether Faces Ransom Demand And Massive Denial Of Service Attack, According To Cto Paolo Ardoino

The chief know-how officer of stablecoin issuer Tether says the agency was hit with a ransom demand amid a distributed denial of service assault (DDoS). Tether government Paolo Ardoino says that the corporate acquired a ransom notice to cease the denial of service assaults, however highlights the assault was thwarted with none digital belongings or …

Tether Faces Ransom Demand And Massive Denial Of Service Attack, According To Cto Paolo Ardoino Read More »

Fbi Agent Says Crypto Investment Scams On Linkedin €significant Threat’ To Consumers: Report

The Federal Bureau of Investigation (FBI) is reportedly saying that crypto-related funding scams on widespread skilled networking platform LinkedIn are actually a critical risk to the general public. In accordance with a brand new report by CNBC, Sean Ragan, the particular agent in command of the FBI’s Sacramento, San Francisco and California subject places of …

Fbi Agent Says Crypto Investment Scams On Linkedin €significant Threat’ To Consumers: Report Read More »

Crypto Entrepreneur Jeff Huang Allegedly Stole 22,000 Eth, Ran Over 10 Failed Projects

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Jeffrey Huang, a tech entrepreneur, former musician, and one of many largest holders of the Bored Ape Yacht Membership NFTs, allegedly embezzled 22,000 Ethereum (ETH) from the treasury administration service firm Formosa Monetary in 2018, based on a recent exposé by …

Crypto Entrepreneur Jeff Huang Allegedly Stole 22,000 Eth, Ran Over 10 Failed Projects Read More »

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before Ust Collapse

The embattled chief govt of Terraform Labs is adamantly denying whispers that he cashed out billions of {dollars} price of Terra (LUNA) and TerraUSD (UST). Rumors are circling on Twitter that Terra founder Do Kown used a borrowing protocol referred to as “Abracadabra’s Degenbox” to money out of LUNA and UST and into the stablecoins …

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before Ust Collapse Read More »

Dogecoin (doge) Co-creator Calls Crypto Industry A Facilitator Of Scams That Exists Outside Of Government Control

The co-creator of fashionable meme token Dogecoin (DOGE) says an absence of conventional oversight leaves crypto merchants weak to being fleeced. In a brand new interview with Australian media outlet The Mission TV, Jackson Palmer, who together with Billy Markus developed Dogecoin in 2013 as a joke, says cryptocurrencies are speculative in nature as a …

Dogecoin (doge) Co-creator Calls Crypto Industry A Facilitator Of Scams That Exists Outside Of Government Control Read More »

Richard Branson Ramps Up Efforts To End Crypto Scams Using His Name

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Richard Branson, the founding father of the Virgin Group, is seeking to cease the usage of his title in fraudulent crypto schemes, the British billionaire disclosed in an interview. In keeping with Branson, malicious actors have been utilizing his title to …

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Do Kwon Denies Fresh Allegations Of Withdrawing $2.7b From Terra Ecosystem Via Degenbox

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Do Kwon was lately accused of withdrawing $80 million a month from the Terra ecosystem main as much as the crash — recent allegations declare this occurred greater than 33 instances, and a staggering $2.7 billion was taken out of the …

Do Kwon Denies Fresh Allegations Of Withdrawing $2.7b From Terra Ecosystem Via Degenbox Read More »

Crypto Exchange Gemini Hit With Lawsuit For Alleged Negligence Over $36,000,000 In Customer Funds

A retirement account belief firm is suing the crypto alternate Gemini for failing to have the “correct safeguards in place” to guard its clients’ belongings. IRA Monetary Belief alleges hackers stole $36 million in crypto belongings belonging to their clients’ retirement accounts which had been reportedly in Gemini’s custody. The South Dakota-based belief firm has …

Crypto Exchange Gemini Hit With Lawsuit For Alleged Negligence Over $36,000,000 In Customer Funds Read More »

Scammers Compromise Bored Ape Yacht Club And Otherside Discord Servers, Steal 32 Nfts Worth $259,000: Report

Unhealthy actors have reportedly made off with a whole lot of 1000’s of {dollars} price of stolen non-fungible tokens (NFTs) after exploiting the Discord servers of two outstanding NFT communities. In accordance with an investigation from blockchain safety agency PeckShield, 32 NFTs price about $259,000 had been stolen after scammers compromised the Discord servers of …

Scammers Compromise Bored Ape Yacht Club And Otherside Discord Servers, Steal 32 Nfts Worth $259,000: Report Read More »

New Zealand Police Investigate Allegedly Fraudulent Crypto Platform Quwiex

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! The Auckland Metropolis Monetary Crime Unit is investigating Quwiex Restricted, a self-proclaimed crypto platform, after a number of studies from victims that the platform is a rip-off, in line with an RNZ report. Quwiex registered in New Zealand with false data …

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Scammers Have Stolen Over $1,000,000,000 In Crypto Assets Since Start Of 2021: U.s. Federal Trade Commission

The Federal Commerce Fee (FTC) is laying out the scope and strategies utilized by crypto fraudsters to rack up a billion {dollars} in illicit positive aspects. In response to a brand new shopper safety report, the FTC says that because the starting of final 12 months, over 46,000 individuals had greater than $1 billion stolen …

Scammers Have Stolen Over $1,000,000,000 In Crypto Assets Since Start Of 2021: U.s. Federal Trade Commission Read More »

Monkeypoxinu Developers Allegedly Vanish With $400m, Coin Tanks 99% 3 Days Post-launch

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Named after the current resurgence of the MonkeyPox virus, MonkeyPoxlnu (MPOX) coin was launched on Might 21 and lost 99% of its worth three days in a while Might 23. MPOX’s worth crashed after its builders allegedly pulled an exit rip-off, …

Monkeypoxinu Developers Allegedly Vanish With $400m, Coin Tanks 99% 3 Days Post-launch Read More »

Terra (luna) Network Addresses Scammed Out Of $4,310,000 In Phishing Attack: Blockchain Security Firm Slowmist

A number one blockchain safety agency is warning {that a} phishing rip-off conned greater than 50 Terra (LUNA) community customers out of almost $4.31 million value of crypto belongings. On Twitter, crypto safety agency SlowMist urged LUNA merchants to be cautious of pretend ads, noting that almost all of the assault resulted from Google phishing …

Terra (luna) Network Addresses Scammed Out Of $4,310,000 In Phishing Attack: Blockchain Security Firm Slowmist Read More »

U.s. Treasury Sanctions Three Ethereum (eth) Wallets With Ties To North Korean Hacker Group

The U.S. Division of the Treasury is sanctioning three Ethereum (ETH) wallets linked to the North Korean hacking group reportedly behind final month’s Ronin Community assault. Based on a brand new tweet by the Treasury Division, the Workplace of Overseas Belongings Management (OFAC) is including three ETH addresses related to the North Korean Lazarus Group …

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Researcher: Mirror Protocol Was Allegedly Set Up To Scam Retail Investors

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Terra analyst and supply of a number of whistleblower leaks, FatManTerra, has alleged that Mirror Protocol is a “farce designed to complement Do Kwon/VCs whereas manipulating governance and screwing over retail.” FatManTerra recognized a pockets through Etherscan that deployed the Mirror …

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Axie Infinity (axs) Ronin Network Launches Bug Bounty Program In Response To $600,000,000 Hack

The Axie Infinity (AXS) Ronin Community is launching a “bug bounty” program that can supply as much as a million to hackers for locating weaknesses within the undertaking’s blockchain. In late March, the Ronin bridge was hacked for 173,600 ETH and 25.5 million stablecoin USD Coin (USDC), price a couple of mixed $600 million. The …

Axie Infinity (axs) Ronin Network Launches Bug Bounty Program In Response To $600,000,000 Hack Read More »

Seth Green To Be Reunited With The Bayc Nft He Lost In A Phishing Scam

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! Actor Seth Inexperienced has admitted to falling for a phishing rip-off, which resulted within the lack of Bored Ape Yacht Membership NFT #8298. From reviewing the Etherscan logs of Inexperienced’s pockets, it seems that it’s a Metamask sizzling pockets that contained …

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Federal Judge Says Crypto Anonymity A Myth As Us Authorities Charge American In $10,000,000 Sanction Evasion

The Justice Division is charging an unnamed American citizen with utilizing crypto property to evade sanctions in what’s believed to be the primary case of its type. Based on an opinion written by the federal choose presiding over the case, Zia M. Faruqui, the concept of crypto’s anonymity is a fable, opposite to what some aspiring …

Federal Judge Says Crypto Anonymity A Myth As Us Authorities Charge American In $10,000,000 Sanction Evasion Read More »

$1.5 Million Worth Of Moonbirds Nfts Are Stolen By Hackers In A Phishing Attack

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! 29 Moonbirds value roughly 750 Ethereum (ETH) ($1.5 million) have been stolen from their proprietor, DigitalOrnithologist, throughout a phishing assault on Tuesday. The sufferer misplaced their NFTs after accessing a phishing hyperlink provided by a fraudster, in response to a tweet …

$1.5 Million Worth Of Moonbirds Nfts Are Stolen By Hackers In A Phishing Attack Read More »

Terra (luna) Founder Do Kwon Facing South Korea Investigation Over Claims Of Ponzi Fraud: Report

The CEO of Terraform Labs is going through doable prison expenses within the wake of two main cryptos collapsing earlier this month. In a brand new report, Yonhap Information says that South Korean authorities are contemplating bringing Ponzi scheme expenses in opposition to Do Kwon, the founding father of Terra (LUNA) and algorithmic steady coin …

Terra (luna) Founder Do Kwon Facing South Korea Investigation Over Claims Of Ponzi Fraud: Report Read More »

Cftc Charges Illinois And Oregon Residents In Alleged $44,000,000 Crypto Ponzi Scheme

The Commodities Futures Buying and selling Fee (CTFC) is asserting costs towards two US residents alleging that they had been behind a multi-million-dollar crypto Ponzi scheme. In accordance with a press release, the CTFC has filed civil enforcement motion towards Sam Ikkurty of Portland, Oregon and Ravishankar Avadhaman of Aurora, Illinois for supposedly masterminding a …

Cftc Charges Illinois And Oregon Residents In Alleged $44,000,000 Crypto Ponzi Scheme Read More »

Metaverse-related Phishing Attacks Become The Newest Form Of High-tech Fraud

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Cybercriminals have modified ways and at the moment are focusing on metaverse buyers with phishing assaults. Sharing their tales, the victims of those assaults claim they believed their investments had been stable, seeing because the metaverse combines blockchain and crypto expertise. …

Metaverse-related Phishing Attacks Become The Newest Form Of High-tech Fraud Read More »

Scammers Looking To Take Advantage Of Luna 2.0 Airdrop

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Blockchain evaluation and safety agency PeckShield issued an alert to warn the crypto neighborhood about scammers sending Wrapped LUNA to the general public addresses of crypto influencers and CEOs. The scammers created a Wrapped LUNA 2.0 token and despatched it to …

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Ethereum (eth) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims Of Crypto Asset Scams

A preferred Ethereum (ETH) pockets is unveiling a brand new partnership to assist victims of crypto scams recuperate their digital belongings. In line with a latest press release, MetaMask, a crypto pockets with over 30 million customers created by blockchain expertise agency ConsenSys, is teaming up with Asset Actuality, a protocol designed for recovering, managing …

Ethereum (eth) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims Of Crypto Asset Scams Read More »

Australian Consumer Group Calls For Urgent Regulation Of Crypto

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! Australian shopper advocacy group Alternative urges the brand new Labor authorities to prioritize cryptocurrency regulation, the Australian Related Press reported. The decision for regulation comes amid investor safety issues after a couple of latest crypto alternate collapses and an increase in …

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Dogecoin (doge) Co-creator Issues Crypto Winter Warning As Bitcoin Rises Above $30,000

The co-creator of common meme crypto asset Dogecoin (DOGE) is reportedly issuing a warning that crypto has not but reached the stage of hibernation regardless of the large devaluation throughout all property within the house. In keeping with a brand new report by Australian media outlet Crikey Information, Jackson Palmer, who together with Billy Markus …

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