Australians have lost over AUD $180 million (around $122 million) to crypto investment scams in the past year. According to the Australian Federal Police, young people are the main targets as the fraudsters use more advanced tactics. The federal...
Indian authorities have reportedly arrested four individuals accused of running a fraudulent cryptocurrency trading platform that conned victims out of more than $90,000. According to a local media report, the scammers deceived investors by posing as representatives of a...
Ireland's national police force, An Garda Síochána, has issued a stark warning about the rising tide of cryptocurrency-related investment fraud in the country. According to the Irish Independent, the country's National Police Force claimed that 44% of all recorded...
Blockchain data analytics platform CoinGecko has issued a warning about a fake airdrop scam that appears to be linked to it. In an August 21 post on X, CoinGecko warned its followers about deceptive claims regarding a GECKO token...
The former CEO of the now-defunct Kansas-based Heartland Tri-State Bank, Shan Hanes, has been sentenced to 24 years in prison for his role in a large-scale cryptocurrency fraud scheme. Hanes, who hails from Elkhart, Kansas, pleaded guilty to one...
OKX CEO Star Xu has announced that the exchange will terminate any accounts found to be using Tornado Cash in a move to bolster financial integrity and enhance compliance with international sanctions. Xu stressed that OKX's risk control mechanisms...
Nexera protocol might have lost the entire supply of its native tokens due to a security breach. Blockchain forensics platform Cyvers Alerts first reported the breach in a social media post early today, August 7. The platform notified the...
CoinDCX has announced the establishment of a Rs 50 crore (about $5.9 million) Crypto Investors Protection Fund (CIPF). This initiative aims to compensate users for losses resulting from security breaches on the platform. The announcement comes in the wake...
The Ronin Network has fallen victim to another exploit, with attackers successfully withdrawing approximately 4,000 ETH and 2 million USDC, valued at around $12 million. The incident, which occurred today August 6,2024, was first reported by blockchain analytics platform...
A blockchain wallet associated with a known crypto hacker has moved 9.75 million $DAI and 17.75 $ETH to an intermediary address. According to on-chain data, the hacker quickly converted the DAI to 16,890 ETH, then sent 2,400 ETH (approximately...
