Canada’s securities regulator is sounding the alarm on a surge in crypto scams, attributing it to the use of sophisticated AI tools by fraudsters. The Ontario Securities Commission […]
Crypto Scams Cost $9.3 Billion in 2024, Targeting Seniors Most Heavily
The FBI’s Internet Crime Complaint Center (IC3) revealed a sharp increase in crypto-related scams during 2024, with losses estimated at $9.3 billion. The report specifically highlighted a concerning […]
Rug Pulls Evolving: Size Increasing While Frequency Decreases
Crypto rug pulls have become less frequent year-over-year, with 2025 seeing a significant drop compared to 2024. DappRadar reports that early 2024 saw 7 rug pull incidents compared […]
Ripple CTO Warns of Ongoing Scam Targeting XRP Holders
Ripple’s Chief Technology Officer (CTO), David Schwartz, has issued a clear warning to the crypto community about ongoing scam attempts targeting XRP holders and enthusiasts. Recent events involving […]
Why Traders are Shifting to Web3AI Amid Solana and Cardano Price Volatility
Recent volatility in the crypto market has traders shifting their attention away from Solana (SOL) and Cardano (ADA), seeking out a solution for combating scams and navigating market […]
Understanding Crypto Scams: Protecting Yourself in the Decentralized World
With growing crypto adoption, so too does the threat of scams. From fake airdrops to phishing attacks and rug pulls, bad actors are constantly evolving their tactics to […]
CBEX Scam Leaves Nigerians Locked Out, $809 Million Disappears
Nigerian investors are facing a devastating fallout after digital asset platform CBEX allegedly drained over $809 million from accounts. The company’s controversial ‘double your money every month’ scheme […]
Australian Court Dismantles 95 ‘Hydra’ Companies Behind Crypto and Romance Scams
In a major crackdown, the Australian Federal Court has authorized the winding down of 95 companies suspected of running elaborate crypto investment and romance scams known as ‘pig […]
Australia Cracks Down on 95 Firms Linked to Crypto Investment Scams
Australia has taken down 95 businesses suspected of running deceptive cryptocurrency investment and romance scams. The Australian Securities and Investments Commission (ASIC) announced the closure following a Federal […]
Web3 Security Warning: A Story of Wallet Drains & How to Stay Safe
This article recounts the author’s personal experience with a devastating wallet drain attack, providing valuable insights into common Web3 security threats and their prevention methods. It details a […]
Coinbase Users Suffer Major Losses from Phishing Scams in March
Recent data reveals a troubling trend: Coinbase users may have lost over $46 million to phishing scams in just two weeks as the crypto market experiences a surge, […]
Coinbase Users Targeted by $46 Million Phishing Scam Wave
Crypto exchange Coinbase users have been hit with a suspected phishing scam that may have resulted in the loss of up to $46 million in just two weeks. […]
Pumpfun X Account Hack Results in Fake Token Launch & Profitable Scams
The cryptocurrency platform Pumpfun has reported a breach of its official X account, leading to the creation and distribution of a fraudulent token. Despite quick confirmation by Pumpfun […]