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Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

Today, China’s highest prosecutor emphasized that criminals involved in illegal activities utilizing blockchain technology and metaverse projects will encounter more severe consequences. During a press briefing held by the Supreme...
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Convincing Deepfake Video of Australian Billionaire Promotes Scam Financial Investment

Cybersecurity company Cybertrace has issued an alarming alert regarding a remarkably realistic deepfake video showcasing Australian mining tycoon and entrepreneur, Andrew “Twiggy” Forrest. This deceptive deepfake video has emerged on...
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Uniswap Prioritizes Security, Unveils Permit2 to Stop Hackers Draining User Funds

Decentralized exchange Uniswap has introduced a new security tool called Permit2, designed to provide users with greater control over their digital assets and mitigate the risk of hackers exploiting vulnerabilities....
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Reddit User Loses $250,000 in ETH to Crypto Airdrop Scam — How Can Investors Stay Safe?

A Reddit user recently became a victim of a sophisticated cryptocurrency phishing scam, suffering a loss equivalent to $250,000 in ether (ETH) after falling prey to a fraudulent airdrop scheme....
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CoinDCX Clarifies Fraud Complaints Against Scam Crypto App Sharing its Name

The Delhi Police have launched a cheating case against the crypto app CoinDCX, responding to complaints from users regarding alleged bank fraud. However, India’s largest cryptocurrency exchange, CoinDCX, clarified that...
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Crypto Scammers Swipe $123K in stETH from Nest Wallet Founder in Fake Airdrop

In a stark reminder of the prevalence of cryptocurrency scams, Nest Wallet co-founder Bill Lou revealed on Tuesday that he had fallen victim to an elaborate fake airdrop scheme, resulting...
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Fake Crypto Websites on Google Ads Drain $3 Million in Christmas Phishing Scam

A recent report highlights that scammers managed to steal over $3 million in cryptocurrency during the holiday season by employing fake crypto websites promoted through Google Ads. The perpetrators created...
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Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin

In a research report, the Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, disclosed that Web3 encountered substantial losses of about $890 million due to diverse...
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Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin

The latest report from Beosin EagleEye reveals a significant surge in blockchain security incidents during November 2023, resulting in a staggering total loss exceeding $356 million. This represents an alarming...
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VC Firm Electric Capital Warns Crypto Community About New Disguised Crypto Scam

Avichal Garg, the co-founder of Electric Capital, a crypto-focused venture capital (VC) firm, has issued a warning to investors about a potential crypto scam involving his firm. Electric Capital, which...
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