A new research report by Bitget, SlowMist, and Elliptic reveals a troubling trend in the cryptocurrency world: scams have skyrocketed, leading to over $4.6 billion lost in just […]
Five Men Indicted for $36.9M Crypto Heist, Money Laundered to Cambodian Operations
A sophisticated international crypto scam targeting American victims has resulted in the guilty pleas of five men. These individuals are accused of funneling stolen funds from their victims […]
Presidential X Account Hacked in Paraguay; Bitcoin Scam Prompts Market Volatility
In a shocking incident, the official X account of Paraguayan President Santiago Peña was hacked. Hackers exploited the account to post fake information about Bitcoin and promote a […]
Shiba Inu and Coinbase Users Beware: New Scams Emerge
Crypto users are facing an increase in sophisticated scams targeting them with fake emails and profiles. Recently, the Shibarium Trustwatch issued a high alert about a scam on […]
Crypto Scams Hit Record High: $2.1 Billion Lost in 2025
The cryptocurrency world has seen a surge in scams costing users over $2.1 billion in the first half of 2025, according to blockchain security firm CertiK. Wallet hacks […]
Shiba Inu Scams Rise as Impersonator Profiles Target Millions
A surge in fake profiles has prompted warnings about scams targeting Shiba Inu holders. Susbarium Shibarium Trust Watch reports that over 1.5 million users hold SHIB, and scammers […]
Vietnam Crackdown on $394 Million Crypto Scam – Matrix Chain
A recent crackdown in Vietnam has brought down a massive crypto scam, resulting in the arrest of individuals allegedly linked to the fraudulent operation known as Matrix Chain. […]
Beware of Phishing Scams Targeting SHIB Wallet Users
A new scam targeting users is emerging, with a fake reward claim portal mimicking the legitimate site to steal crypto funds. Shibarium Trustwatch warns that malicious actors are […]
Anonymous Crypto Scams Surge: Retail Users Bear the Financial Impact
A surge in anonymous crypto scams targeting retail users has resulted in substantial losses, with $4.6 billion lost in 2023 alone. These fraudulent schemes often disguise themselves as […]
$2.5 Million Lost to Sophisticated On-Chain Phishing Attack in Under Three Hours
A crypto user has suffered significant losses due to two sophisticated phishing attacks within a short timeframe. The victim lost a combined $2.5 million in stablecoins, according to […]
Crypto Investor Loses $2.5 Million in Double Phishing Scam
A single victim suffered a double-phishing attack, losing a total of $2.5 million worth of stablecoins within just three hours. The incident highlights the sophistication and increasing frequency […]
Crypto Scammers Hitting Home With New, High-Tech Phishing Scheme
A new scam targeting crypto users is hitting the headlines with a clever tactic straight out of Hollywood: forgeries from Ledger itself! These forged letters warn recipients to […]
Multisig Scams: How To Stay Safe Using Enhanced Security
Multisig wallets offer enhanced security for crypto transactions, but scammers are exploiting this feature by infiltrating trusted systems and tricking users into losing their funds. These scams often […]
Haowang Shutdown Doesn’t Halt Crypto Scams: Chainalysis Claims Platform Just Shifts Operations
The shutdown of Haowang Guarantee, the largest illicit marketplace for crypto scammers, has not significantly weakened the overall scam ecosystem according to blockchain analytics firm Chainalysis. The firm […]
Huione Guarantee Shutdown: Impact on Crypto Scam Ecosystem
The shutdown of Huione Guarantee, a prominent facilitator of cryptocurrency scams, has dealt a blow to the crypto scam ecosystem. Chainalysis reports that this platform played a key […]