A prominent figure in the cryptocurrency industry, Li, was recently targeted in a sophisticated phishing attack designed to exploit his familiarity with technology. The attackers used deepfake technology […]
Joint Operation Dismants $4.3M Ethereum Phishing Scam, Highlights Growing Crypto Fraud Challenges
A coordinated effort between the U.S. Secret Service and Canadian law enforcement agencies resulted in the takedown of a major Ethereum phishing scam. The operation, dubbed ‘Operation Avalanche’, […]
Kenyan Man Arrested for $378,000 Fraud on JamboPay
The Kenyan police have apprehended Joseph Momanyi, a 26-year-old man accused of orchestrating a significant cybercrime operation that resulted in the theft of $378,000 (KSh 49 million) from […]
Nigerian Fraudster Nets N25,000 for Bank Account Details to Aid Criminal Activities
The Economic and Financial Crimes Commission (EFCC) in Benin has apprehended Olawole Sunday, a suspected fraudster accused of purchasing bank account details for fraudulent purposes. Investigation reveals that […]
Lazarus Group Twists its Tactics: Impersonating Crypto Firms to Lure CeFi Job Seekers
A recent cybersecurity report from Sekoia reveals that the Lazarus Group, known for its North Korea-linked cyberattacks, has adapted its tactics to target cryptocurrency job seekers in centralized […]
Thailand Updates Cybercrime Laws to Protect Crypto Traders
Thailand is implementing changes to its cybercrime laws, with a focus on protecting cryptocurrency traders. According to local news outlet Bangkok Post, the government plans to amend two […]
Scotland Sees 2,000% Spike in Crypto Crime Since 2019
A recent report from Scotland’s Police highlights a significant increase in cryptocurrency-related crime since 2019. The report, submitted to the Scottish Police Authority’s Policing Performance Committee, reveals a […]
International Task Force Dismantles Cryptocurrency Platform Used by Pedophiles
An international task force has successfully shut down a platform used to facilitate illicit transactions involving pedophiles, according to authorities. This action underscores the growing intersection between cryptocurrency […]
North Korea Funding Nuclear Program with Stolen Cryptocurrency: Security Concerns Grow
The Lazarus Group, a known cybercriminal organization linked to North Korea, has allegedly used stolen cryptocurrency to fund the country’s nuclear program. This revelation raises significant concerns about […]
North Korea’s Cyber Espionage Threat Expands to Global Blockchain Firms
Google’s Threat Intelligence Group (GTIG) warns that North Korean-linked fraudsters are expanding their infiltration of blockchain firms beyond the United States, targeting companies in the United Kingdom and […]
Yahoo School Raid: Police Arrest Cybercriminals, Rescue Underage Trainee
The Lagos State Police have dismantled a notorious cybercrime operation known as a ‘Yahoo School’, arresting four experienced fraudsters and six trainees, including an underage boy of just […]
Cryptocurrency Hacks Soar in Q1 2025: Record Losses Exceed $1.6 Billion
A worrying trend emerged in the first quarter of 2025, as cryptocurrency hacks surged, leading to significant financial losses. According to BlockBeats data, over 60 hacking incidents were […]
South Korean Court Sentences Three Crypto Scammers for $416K Fraud Scheme
A South Korean court has delivered sentences to three individuals who were found guilty of orchestrating a fraudulent investment scheme that defrauded victims of approximately $416,000 (around 610 […]
Crypto Scammers Exploit Job Schemes, Infecting Devices with Malware
Cyber criminals have devised a new tactic to steal cryptocurrency from unsuspecting victims: exploiting legitimate job opportunities. A malware-laden app called ‘GrassCall’ is the latest weapon in their […]
FBI Uncovers North Korean Hacker Group Behind Bybit Cryptocurrency Theft
The U.S. Federal Bureau of Investigation (FBI) has confirmed that the North Korean hacker group, known as ‘TraderTraitor’, is responsible for stealing $1.5 billion in cryptocurrency from the […]