Cryptocurrency investors lost nearly $6 billion to rug pulls during the first quarter of 2025, a staggering 6,500% increase from the $90 million recorded in the same period […]
Malta’s Financial Authority Issues Warning Against Cryptocurrency Scams Targeting Traders
The Malta Financial Services Authority (MFSA) has issued a public alert regarding fraudulent activity targeting cryptocurrency traders. Scammers are creating fake documents to extort money from individuals by […]
DeFi Scam Targets Users Visiting Abandoned Projects
A new scam targeting DeFi users has emerged, exploiting abandoned cryptocurrency projects and taking advantage of dormant user activity. Fraudsters are hijacking the websites of these defunct projects, […]
Memecoin Market Plummets 30%, Spurred by Hype Fade & Scam Concerns
The memecoin market is experiencing a significant downturn, with its value plummeting over 30% in the last two months, driven by waning hype and increased concerns about scams. […]
Florida Residents Targeted in McAfee Pop-Up Scam
A new scam targeting residents of Pinellas County, Florida is using fake McAfee pop-up alerts to gain access to victims’ computers and steal their money. According to Foresight […]
Sophisticated Address Poisoning Attacks Target Bitcoin Holders
New scams targeting Bitcoin users are using a sophisticated technique called address poisoning to steal funds. This method tricks victims into sending money to malicious addresses that closely […]
Bybit CEO Raises Concerns About Pi Network: Is It a Scam?
A prominent cryptocurrency exchange leader has cast doubt on the legitimacy of the Pi Network, just as it launches its long-awaited Open Network. Ben Zhou, CEO of Bybit, […]
Rich The Kid’s Crypto Promotion Sparks Controversy as ‘Scam Token’ Collapses
Celebrity rapper and entrepreneur Rich the Kid has found himself at the center of controversy after promoting a new cryptocurrency token, leading to its rapid decline in value. […]
Sam Bankman-Fried’s Return Sparks Fake Memecoin Scam
The recent reappearance of Sam Bankman-Fried on X has spurred attempts to launch fraudulent memecoins. This coincides with a surge in fake memecoin rug pulls, as the crypto […]