Scams

The U.S. Securities and Exchange Commission (SEC) is bringing charges against four individuals the regulator claims propped up a $295 million crypto Ponzi scheme. The SEC alleges Trade Coin Club (TCC), an organization billing…

The Securities and Exchange Commission (SEC) bought charges against five members of a crypto Ponzi scheme  – Trade Coin Club that defrauded over 100,000 investors worldwide of 82,000BTC, valued at $295 million at the time, according to a…

A crypto exchange platform has been hacked to the tune of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and stablecoin USD Coin (USDC). Digital assets exchange Deribit tells its 52,000 Twitter followers that bad…

The cryptocurrency space has lost nearly $2.98 billion to DeFi hacks this year — almost double the $1.55 billion lost in 2021, according to a recent report by blockchain security firm PeckShield.#PeckShieldAlert ~44 exploits (53…

About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .”The study undertaken by  Bruno Mazorra, Victor Adan, and Vanesa Daza suggests…

The liquidity locking project Team Finance says crypto hackers made off with $14.5 million in digital asset tokens. Team Finance says they temporarily paused activity on their platform while investigating the hack and are urging…

Popular cryptocurrency trading firm PGI Global UK has been closed down by a high court in the United Kingdom, according to a press release issued by U.K. authorities, The court issued the directive following the firm’s alleged…

Binance‘s CEO Changpeng Zhao tweeted to warn that Google displays phishing websites when users search for CoinMarket Cap.Zhao said users who try to add smart contract addresses to their MetaMask wallets are the ones that get most…

Binance CEO Changpeng Zhao says that the crypto exchange is making progress on identifying those responsible for the theft of Binance Coin (BNB) worth approximately $570 million in a cross-bridge exploit. Responding to a question…

South Korean prosecutors are charging the former head of a major crypto exchange with fraud worth nearly $70 million. According to a report from the South Korean news outlet Yonhap News Agency, state prosecutors have asked for…

Decentralized exchange (DEX) QuickSwap is ending its lending pool after sustaining losses in a flash loan attack. The Polygon (MATIC) based DEX says $220,000 worth of tokens were stolen following an exploit of DeFi platform Market…

Two Chinese intelligence officers are facing criminal charges in the US for allegedly attempting to steal court documents and bribing an FBI agent with Bitcoin (BTC). According to a new statement from the U.S. Department of…

Billionaire Sam Bankman-Fried says crypto derivatives exchange FTX will dole out $6 million to reimburse users who were impacted by a phishing scam involving a separate company. Users of 3Commas, a crypto trading platform that…

A joint report by X-explore and WuBlockchain has revealed that the recent API bot attack on FTX and 3Commas had further reaching implications than first believed.The attack on FTX, which happened Oct. 21, utilized 3Commas technology and…

3Commas, a platform that enables users to build automated trading bots, announced Oct. 21 that three of its customers’ keys were used to execute unauthorized trades on its partner exchange accounts.An investigation revealed that the…

The Mango Markets “hacker,” who goes by Avraham Eisenberg, bragged on Twitter about his latest project, Mango Inu, a meme coin based on Eisenberg’s infamous Mango Markets exploit. Eisenberg, however, made it clear on Twitter a couple of…

The hacker who exploited an Olympus DAO (OHM) smart contract for $300,000 worth of assets is already returning the stolen funds. According to blockchain security analytics firm PeckShield, an error in one of Olympus DAO’s smart…

The decentralized autonomous organization (DAO) that manages the Solana (SOL)-based crypto exchange Mango Markets is approving a proposed reimbursement deal that arose from the exploit of the platform. Earlier this month, Mango…

New court documents reveal that bankrupt crypto lending platform Celsius is facing a federal investigation as well as inquiries in 40 US states. According to a recent filing, Celsius faces a “significant” number of investigations…

North Korean hacker group Lazarus has reportedly launched multiple cyber-attacks against Japanese crypto exchanges, according to Japan News.Japan’s National Police and Financial Services agencies issued a joint statement to inform the…