A Detailed Guide on Infinite Mint Attack
With the rise of crypto-related scams, key industrial leaders have invested in improving the security of smart contracts and decentralized finance (DeFi) protocols. However, as crypto firms invest
Hackers Threaten to Disclose Kadokawa Confedential Information Following Ransomware Attack
On Thursday, the Kadokawa Corporation confirmed it had suffered a ransomware attack earlier this month. In its June 27 press release, the Kadokawa team stated that the ransomware
Immunefi Report Shows Crypto Scam and Hacks Rose by 113% in Q2
With the changes in the financial sector, crypto has become a safe haven for criminals. A recent study by Immunefi demonstrates that crypto-related crimes doubled in Q2 of
Canadian Authority Warns Against Crypto Scammers Targeting Dating Sites Users
The Canadian regulators issued an advisory report warning the public to be vigilant when using dating sites. According to the Canadian Anti-Fraud Centre (CAFC), criminals have shifted their
Hospitality Worker Sentenced 6.8 Years in Prison for Laundering $2.5B Bitcoin
A court in the United Kingdom has ordered a hospitality worker to serve six years and eight months in prison for engaging in money laundering. The court accused
Crypto Con Artist Nets Two-Year Jail Term; Coinbase Debunks Mixer Myth
Authorities have jailed the CEO of a crypto investment firm in the United States after orchestrating a fraudulent scheme. The scheme involves the culprit taking investors’ funds under
Bitfinex Foils Multi-Billion XRP Exploit: Why Is This Important?
Reports suggest that Bitfinex, one of the leading cryptocurrency exchanges, successfully thwarted an attempt to exploit XRP tokens on its platform. If the effort had been successful, it
Crypto Projects Record Over $8M Worth Of Exploits In One Week
The past week witnessed a series of significant thefts within the NFT sector, impacting users of both Flooring Protocol and NFT Trader, resulting in total losses exceeding $8
Chinese Hackers Scam Crypto Users With A Fake Skype App
Chinese Hackers’ Ploy A new trend of fraudulent activity has surfaced within China’s crypto community. The malicious actors behind this scam utilize a counterfeit Skype video application to
$32M Crypto Losses In October: CFTC Underscores Whistleblowers’ Importance
CFTC Praise Crypto Scam Whistleblowers The US Commodity and Futures Trading Commission (CFTC) has revealed that a substantial portion of the anonymous tips received this year were about
