Crypto fraud and scam activity tied to Japanese crypto exchanges declined substantially in the first half of 2024, according to a new report from Chainalysis. The blockchain analytics firm’s published data revealed a 69% decrease in Ethereum (ETH) transactions...
Digital currencies controlled by local governments in Japan are increasingly becoming targets for fraudsters, prompting investigative agencies to urge the implementation of more solid security measures. According to a report by the Japan Times, Police in Osaka recently apprehended...
Executives in the cryptocurrency sector are encountering a new scam where fraudsters impersonate Coinbase support and utilize leaked data for phishing attacks aimed at high-ranking individuals, claiming to earn five-figure weekly incomes. Nick Neuman, the CEO of Bitcoin self-custody...
Federal prosecutors in North Carolina are moving to confiscate nearly $5 million in Tether (USDT) recovered from unhosted wallets linked to a sophisticated cryptocurrency romance scam. The funds, seized under a search warrant in August, are currently held by...
Polter Finance, a lending and borrowing DeFi protocol, has joined forces with DeFi security group Security Alliance Information Sharing and Analysis Center (SEAL-ISAC) to trace and recover $12 million stolen in a recent flash loan attack. The platform announced...
In a recent joint effort, Binance and the Royal Malaysia Police were able to trace and recover a significant portion of a $4.5 million kidnapping ransom. The investigation led to the arrest of 14 suspects connected to the high-profile...
On November 14, the X account of memecoin Dogwifhat was hacked to promote newly created tokens on Solana. The attackers used the account to manipulate the prices of newly created tokens, including popwifnut (POPWNUT), muu (MUU), and DogWifDoge (WIFD)....
Irish authorities have reportedly seized more than $3.42 million worth of cryptocurrencies suspected to be linked to a widespread "pig butchering" scam. According to the Irish Independent, the seizure is part of an ongoing investigation by local and foreign...
The body of Kevin Mirshahi, a well-known Canadian crypto influencer who vanished in June, has been found at Île-de-la-Visitation Park in Montreal. Local media outlet The Gazette reported that a passerby discovered Mirshahi’s decomposing remains on October 30, marking...
DeFi lending protocol DeltaPrime has issued an ultimatum to the perpetrators of its recent $4.8 million hack. In a November 13 X post, the protocol’s co-founder, Gavin Hasselbaink, warned that legal action will be taken if the attacker fails...
