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 law enforcement agency revealed this in an August 28 press release ...
Chainalysis has announced plans to expand its anti-phishing crypto scam initiative, "Operation Spincaster," to additional countries in the upcoming months. In a blog post published on July 18, 2024, the blockchain analytics firm detailed the outcomes of the initiative's initial phase and shared its future plans. "Chainalysis is committed to ...
According to a new report from blockchain analytics firm Elliptic, the rate at which advanced technologies such as AI and cryptocurrencies are being exploited for deep fake scams, state-sponsored attacks, and other illegal activities is rapidly increasing. The report highlighted the increasing use of various deepfake tactics powered by AI ...
The Philippine National Police Anti-Cybercrime Group (PNP ACG) has issued a warning alert about the dangers associated with cryptocurrency-based gaming schemes. The Philippine authorities urged its citizens to maintain vigilance against the diverse tactics employed to extract funds from the gaming community. The PNP ACG highlighted that these risks are ...
