CoinStats hit with a security breach affecting 1,590 wallets
By: Khan Sajid / June 23, 2024
CoinStats hit with a security breach affecting 1,590 wallets In this post: CoinStats faced a security breach affecting 1.3% of its iOS wallets, sending scam notifications. Users must urgently transfer funds using exported private keys to secure their assets. CoinStats is investigating and enhancing security measures to prevent future incidents. A recent security breach has […]
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CRYPTO SCAMS ARE RAMPANT. THE INDUSTRY NEEDS REGULATION.
By: Khan Sajid / June 20, 2024
If any industry ever needed more oversight, it’s the crypto business. But the industry is trying to dodge regulation — with help from Congress. A recent bill passed by the House of Representatives claims to regulate the cryptocurrency industry and protect consumers. But the bill is a Trojan horse designed by an industry flush […]
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Crypto Hacks Has Wiped $19B Since 2011: Crystal Intelligence
By: Khan Sajid / June 14, 2024
Crypto Hacks Has Wiped $19B Since 2011: Crystal Intelligence Key Takeaways: Crypto hacks have stolen $19 billion over 13 years 2022 was the deadliest year, with $4.2 billion stolen in 199 hacks. $579 million stolen in DeFi hacks during 2023-2024. A massive $19 billion worth of digital assets has been stolen through 785 reported crypto hacks and […]
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Beware of Juhbzu.com: A Fraudulent Exchange Platform with Negative User Reviews
By: Antonio Smith / June 10, 2024
Beware of Juhbzu.com: A Fraudulent Exchange Platform with Negative User Reviews In the ever-evolving world of cryptocurrency, new platforms are constantly emerging, promising great returns and seamless trading experiences. However, not all of these platforms are trustworthy. One such platform that has recently garnered attention for all the wrong reasons is Juhbzu.com. This article delves […]
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China’s vast cyber trafficking network dupes Americans using fake shops
By: Antonio Smith / June 9, 2024
China’s vast cyber trafficking network dupes Americans using fake shops An international investigation found there are nearly 23,000 fake Chinese online shops A Chinese network running countless fake online shops has scammed over 800,000 people in the U.S. and Europe, according to The Guardian. These shops dupe people into sharing card details and other sensitive personal data […]
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How to Stay Safe From Phishing in Crypto Mailing List Hack
By: Antonio Smith / June 6, 2024
A vendor email compromise has led to ongoing phishing attacks targeting crypto users. Here’s how to stay safe. Tether CTO confirms vendor email system compromise affecting crypto firms.Fake crypto-airdrop emails sent to users in sophisticated phishing attacks.Industry urged to increase security measures and user awareness. Crypto companies have long been targets of various hacks and […]
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What to beware of when buying Ether this year
By: Antonio Smith / June 3, 2024
What to beware of when buying Ether this year Ethereum has been the focal point of newspaper content and headlines lately, having proven performances as good as those in April 2022. It’s been a tough year for the crypto industry, but all the bad luck has vanished with the commencement of the new year, and […]
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Blockchain Sleuth Calls Out Floyd Mayweather for Fraudulent Token Activities
By: Antonio Smith / June 3, 2024
Blockchain Sleuth Calls Out Floyd Mayweather for Fraudulent Token Activities Blockchain investigator Zackxbt recently exposed former boxing world champion Floyd “Money” Mayweather for his involvement in fraudulent token activities. The controversy erupted when Zackxbt responded to a now-deleted post on X (formerly Twitter), where Mayweather promoted a Solana address for his latest token. Zackxbt questioned […]
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Plutus Invest: Unmasking a Fraudulent Exchange Platform and User Experiences
By: Antonio Smith / June 3, 2024
Plutus Invest: Unmasking a Fraudulent Exchange Platform and User Experiences In the dynamic world of cryptocurrency, numerous platforms promise secure and profitable trading experiences. However, not all of these platforms are trustworthy. One such platform that has recently been exposed for its deceptive practices is Plutus Invest. This article delves into the fraudulent activities of […]
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SEC Issues Investor Alert Highlighting 4 Common Crypto Scams
By: Antonio Smith / June 2, 2024
SEC Issues Investor Alert Highlighting 4 Common Crypto Scams The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult. For example, “Fraudsters may conduct […]
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