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 […]
Crypto Scam Takes Down Artist’s $2 Million Retirement Fund
After dedicating his life to creating iconic art, including contributions to Jeff Koons’ Balloon Dog sculptures, Suman turned to cryptocurrency investments to secure his retirement funds. He built […]
Pi Network Soars Then Dips Post-Team Announcement – Binance Speculation Sparks Concerns
Pi Network experienced a surge in price after teasing a major announcement, then saw a significant drop once the actual news was revealed. This follows speculation surrounding a […]
Polygon Co-founder Warns of Deepfake Scams Targeting Crypto Founders
Sandeep Nailwal, co-founder of Ethereum sidechain Polygon, has sounded the alarm about a new wave of scams targeting crypto entrepreneurs using deepfakes. He revealed that scammers have been […]
Solana’s Pump.fun Faces 98% Scam Rate: A Crisis for Decentralized Finance
A platform based on Solana, Pump.fun, has found itself in a crisis with over 98% of tokens it launched being flagged as fraudulent. This alarming rate highlights vulnerabilities […]
Coinbase Users Targeted by $45 Million Social Engineering Scam
A massive social engineering scam has resulted in over $45 million being lost from Coinbase user accounts, highlighting the vulnerabilities of even experienced crypto traders. ZachXBT, a prominent […]