Indian authorities are investigating a cryptocurrency investment scam that has defrauded at least 320 individuals in Andhra Pradesh of millions by promising unrealistic monthly returns of 10%, according to a report from the Deccan Chronicle. The scheme, allegedly orchestrated...
Rapper Wiz Khalifa's social media account on X was reportedly hacked on November 3, resulting in now-deleted posts promoting a fraudulent cryptocurrency, “WIZ.” The posts targeted Khalifa's 35.7 million followers, misleading them to believe it was an official project...
M2, a UAE-based multi-chain cryptocurrency exchange, has restored all user funds following a recent security breach that saw around $13.7 million siphoned from its hot wallets. In a recent security update, the crypto exchange confirmed it had fully resolved...
A 16-year-old boy from east London has been reportedly charged with terrorism-related offences for allegedly fundraising cryptocurrency on behalf of the terrorist group Al Qaeda. During a court hearing at Westminster Magistrates' Court on Wednesday, October 30, the teenager...
Thai immigration officials have uncovered a cross-border cryptocurrency scam that defrauded a local woman of more than $620,000. As reported by the local news outlet Khaosod, five suspects have been arrested in connection with the scheme. These individuals, hailing...
The X account of the developer of the popular AI bot Truth Terminal, Andy Ayrey, has been hacked. The breach, confirmed by X user Tischersauce on October 29, allowed the attackers to promote a questionable memecoin and generate over...
Ethereum-based decentralized finance (DeFi) protocol Ethena Labs is under investigation following allegations from crypto investigator “Nomad” that its development team engaged in an internal crypto-farming event. The investigator claimed that the Ethena team holds around 25% of the staked...
A security breach on Base, a Layer 2 blockchain, has led to the theft of approximately $1 million. The exploit, which involved manipulated Wrapped Ether (WETH) contracts, was first reported on October 25 by blockchain security firm Cyvers Alerts....
The United States and Nigeria have established a Bilateral Liaison Group aimed at tackling illicit finance and cryptocurrency-related crimes. The U.S. Department of State announced this partnership on Wednesday, October 23, highlighting the importance of collaboration in addressing financial...
Austria has concluded its largest-ever fraud trial, which centred around a sophisticated €20 million crypto Ponzi scheme. The trial, held at the Klagenfurt Regional Court, lasted 60 days and led to five convictions involving eleven suspects from Austria, Croatia,...
