AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

Artificial intelligence (AI) has revolutionized various industries, including finance, marketing, and cybersecurity. However, it has also become a powerful tool for cybercriminals. AI-driven deepfake technology is increasingly being used to orchestrate fraudulent schemes, particularly in the cryptocurrency space. These...

source: crypto-economy.com

Tether Enters Cybersecurity with Decentralized Password Manager

Tether CEO Paolo Ardoino has unveiled PearPass, an entirely local, open-source password manager built to function without cloud infrastructure. The announcement, made on X, comes in response to growing alarm over centralized data vulnerabilities. “The cloud has failed us....

source: forbes.com

Elite Footballers Linked to $3.4 Million Crypto Fraud Case

Several high-profile footballers have been named in connection with an alleged $3.4 million cryptocurrency fraud case, a matter that has sent shockwaves through both the sports and crypto communities. The investigation, led by Spanish authorities, centers on a suspected...

source: themoscowtimes.com

Ukrainian Police Arrest Man for Large-Scale Cryptojacking Scheme

Ukrainian authorities have arrested a 35-year-old man from the Poltava region, accusing him of orchestrating a major cryptojacking operation targeting an international server hosting company. According to a statement released by Ukraine’s National Police on June 4, the suspect...

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