This year has been quite the rollercoaster! Investors buckled up for what they thought would be another thrilling bull cycle, only to get caught in a whirlwind of hacks, scams, and staggering losses. By the end of August 2024,...
The hacker responsible for the July breach of Indian cryptocurrency exchange WazirX has moved approximately $23 million in stolen assets to Tornado Cash. In an X post on Thursday, September 12, 2024, Cyvers Alerts reported that the hacker transferred...
Indodax, a crypto exchange formerly known as Bitcoin Indonesia, reportedly experienced an attack within the last twelve hours. An unidentified party withdrew tens of millions of dollars worth of crypto assets from the platform. On September 11, blockchain analytics...
Blockchain network TRON, stablecoin issuer Tether, and blockchain intelligence firm TRM Labs have teamed up to establish a unit dedicated to combating illicit activities associated with Tether’s USDT on the TRON blockchain. The new unit, tagged T3 Financial Crime...
The hacker behind the Penpie protocol breach has reportedly withdrawn approximately $7 million of the stolen funds through the crypto mixer Tornado Cash just 12 hours after stealing $27 million. 🚨ALERT🚨@Penpiexyz_io exploiter has deposited around $7M to @TornadoCash at...
The CEO of the South Korean cryptocurrency yield platform Haru Invest, Hugo Hyungsoo Lee, was reportedly attacked with a knife in the courtroom during his trial proceedings today, August 28, 2024. South Korean media outlet DigitalAsset reported that a...
The Royal Malaysian Police (PDRM) has shut down a crypto investment scam call centre in Kuala Lumpur that was reportedly targeting Japanese citizens. Authorities conducted coordinated raids on two luxury residences in Kuala Lumpur, resulting in the bust, according...
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...
