The United Nations (UN) has issued a concerning alert regarding the surge in cryptocurrency-related criminal activity and scams within Southeast Asia. The report reveals that these criminals are […]
America’s Seniors Targeted by $4.8 Billion Crypto Scams – Time for Action
A new FBI report highlights the alarming rise of cybercrime against America’s seniors, revealing that older adults lost a staggering $4.8 billion to scams in 2024 alone. This […]
North Korea Creates Fake Firms to Target Cryptocurrency Developers
North Korean hackers have created two US-registered companies, Blocknovas LLC and Softglide LLC, to trick cryptocurrency developers into downloading malware. These firms are believed to be part of […]
FBI Reports $9.3 Billion Crypto Scam Losses in 2024: Targeting Elderly Victims
The FBI has released its annual report, highlighting a significant rise in cryptocurrency scams and losses reaching a staggering $9.3 billion. This alarming figure represents a concerning trend […]
Cryptocurrency-Related Crimes Surge in 2024, Costing US $9.3 Billion
The FBI’s Internet Crime Complaint Center (IC3) has revealed a significant increase in cryptocurrency-related crime losses in the United States during 2024. Reports indicate that these crimes caused […]
Crypto Scams Surge to $9.3B in Losses in 2024: North Korean Hackers Drive Growth
A new report reveals that cryptocurrency scams caused a staggering $9.3 billion in losses during 2024, marking a significant increase of 66% compared to the previous year. The […]
FBI Warns of Rising Crypto Fraud Losses Among Elderly Americans
The FBI has issued a stark warning about the increasing risk of cryptocurrency scams targeting elderly Americans. In 2024, individuals aged 60 and above reported the highest losses […]
Hong Kong Police Arrest 503 in Major Fraud and Cybercrime Operation
Hong Kong law enforcement agencies launched a comprehensive operation targeting fraud, cybercrime, and money laundering from April 7 to April 17. The operation, known as ‘Mou Gong,’ resulted […]
Mobile Attacks Surge: Crypto Crime Shifts Gears to Smartphones
Cybercriminals are increasingly targeting mobile devices for crypto-related attacks, a trend that underscores the growing security challenges within the sector. This shift reflects the changing tactics of criminals […]
Mobile Devices Targeted by Cybercriminals in Cryptocurrency Space
As cryptocurrency crime escalates globally, cybercriminals are focusing their efforts on mobile devices. This shift highlights the urgency for enhanced security measures within the crypto sector as attacks […]
Phishing Attacks Cost Victim $1.43 Million in Tokens
A recent case illustrates the potential risks associated with phishing scams in the cryptocurrency realm. A victim has lost a substantial amount of tokens, estimated at $1.43 million, […]
UN Report: Crypto Mining Fuels Rise in Global Cybercrime
A recent UN report exposes the alarming link between illegal crypto mining and global cybercrime. The report reveals sophisticated operations by criminal syndicates using cryptocurrency for illicit activities, […]
Manta Network Founder Targeted in Sophisticated Phishing Attack Linked to Lazarus Group
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 […]