Vietnamese provincial police have reportedly apprehended five individuals involved in a sophisticated crypto scam network led by offshore criminals. Local media reports that on October 4, authorities in Nghe An, a province bordering Laos and the Gulf of Tonkin, dismantled a scam ring operating out of Laos that was linked ...
The FBI has issued a warning about a cryptocurrency scam that has allegedly wiped out the life savings of some Americans. According to a report by abc13, the FBI claims that ICHCoin is a sophisticated scam disguised as a cryptocurrency investment crash course, which has defrauded millions of dollars from ...
According to data from Scam Sniffer, crypto funds lost to phishing attacks in September significantly decreased compared to the previous month despite a rise in the number of victims. In a series of X posts published on October 4, the blockchain forensics platform reported that approximately $46.7 million was stolen ...
Over 185 South Koreans in their 20s hold digital assets valued at over $750,000 each, according to data from local exchanges Upbit and Bithumb. Local media outlet Maeil Business Newspaper reported on October 3 that both crypto exchanges disclosed this information in a report titled 'Current Status of Virtual Asset ...
Phishing attacks and private key breaches have led to the theft of over $750 million worth of cryptocurrencies during the third quarter of 2024, according to a new report by blockchain analytics firm CertiK. Despite a decrease in the number of security incidents to just over 150, the total amount ...
A recent report by venture capital firm Lattice Fund reveals that over 80% of early-stage crypto startups that secured funding in 2022 are still operational despite the major market downturns. The report highlighted that out of more than 1,200 crypto startups that collectively raised $5 billion, 76% successfully launched a ...
The Australian Federal Police (AFP) announced they had successfully "deciphered" a seed phrase granting access to $6.4 million (9.3 million Australian dollars) worth of cryptocurrencies linked to a suspect. The individual, Jay Je Yoon Jung, is accused of creating an encrypted messaging app, "Ghost," reportedly used by organised crime networks. ...
In September 2024, cryptocurrency platforms faced significant security breaches, resulting in losses of over $120 million from more than 20 hacks, according to blockchain forensic firm PeckShield. The attacks targeted both centralized and decentralized platforms, with exchanges like BingX, Penpie, and Indodax among the most affected. #PeckShieldAlert September 2024 saw ...
Robinhood Crypto has introduced crypto transfers for its European customers. They can now buy, sell, and hold over 35 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDC, according to a recent press release. As part of the launch, Robinhood is offering a 1% deposit match on all crypto deposits for a ...
Japan is set to reevaluate its cryptocurrency regulations, potentially leading to reduced taxes and enabling domestic funds to invest in crypto, according to Bloomberg. Bloomberg reportedly spoke to an official from the country’s top financial regulator, the Financial Services Agency (FSA). In the coming months, the FSA will evaluate whether ...
