A security breach at the Four.Meme memecoin launched the platform, which led to the theft of around $183,000 in digital assets. The attack occurred on February 11 and specifically targeted the project on the BNB Chain as interest in...
A surge in crypto scams fueled by social engineering tactics marked 2024, with cybercriminals increasingly hijacking the accounts of high-profile figures to manipulate investors. A new research report by blockchain forensic firm Merkle Science on February 11 highlights how...
A native of the U.S. state of Indiana, Evan Frederick Light, has been sentenced to 20 years in federal prison for his role in a cybercrime scheme that stole over $37 million in cryptocurrency from nearly 600 victims. The...
HipHop music icon Ye, formerly known as Kanye West, has publicly disclosed that he turned down a $2 million offer to participate in a cryptocurrency scam targeting his 32.6 million social media followers. The revelation comes amid growing concerns...
Cryptocurrency scammers have adopted a new phishing tactic targeting Phantom Wallet users by using deceptive pop-ups that appear to be legitimate update requests. Web3 security firm Scam Sniffer revealed that this sophisticated scam aims to drain user wallets by...
There are malware-infected apps on Google's Play Store and Apple's App Store that target crypto wallet users, according to Cybersecurity firm Kaspersky. The firm's researchers recently published a report stating that they have identified malware-infected apps on these mobile...
Phishing scams cost crypto users over $10.2 million in January, affecting more than 9,000 victims, according to blockchain security firm ScamSniffer. Although losses dropped by 56% compared to December, new and evolving scams are gaining traction, posing fresh user...
Federal prosecutors in the United States have charged Andean Medjedovic, a Canadian national and University of Waterloo graduate, with orchestrating attacks on two DeFi protocols that resulted in millions of dollars in losses. The Justice Department indicted Medjedovic on...
Authorities in Central Jakarta have arrested 20 suspects linked to an elaborate crypto romance scam that preyed on middle-class professionals across Southeast Asia. According to a local report, the syndicate, which primarily targeted women from the Philippines, Vietnam,...
Spanish authorities, in collaboration with the T3 Financial Crime Unit, have frozen $26.4 million in cryptocurrency tied to a European money laundering network. The T3 Financial Crime Unit, a task force backed by TRON, Tether, and blockchain analytics firm...
