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The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made…
X (formerly known as Twitter) has been a popular hook for scammers for over a decade now. However, the tactics employed in these schemes continuously evolve. What’s concerning is that…
In February, the crypto industry saw losses totaling approximately $160 million due to exploits, hacks, and scams. The figures represented a slight dip from January despite an increase in prices.…
The Blast network’s layer 2 project, RiskOnBlast, has been scrutinized due to suspicions of a potential rug pull scam surfacing. The incident has left investors reeling from significant losses estimated…
South Korea has witnessed a surge in crypto trading, particularly following a market recovery. Correspondingly, authorities in the country received almost 49% more alerts of potentially suspicious transactions from crypto…
Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought…
After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an…
According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites. Notably, most of these thefts occurred on the…
Colin Murphy – an associate of Canada’s notorious “Crypto King” Aiden Pleterski – was sentenced to 5 months in prison on Friday for contempt of court in Oshawa, Ontario, Canada.…
A doctored clip of Australian mining magnate and businessman Andrew “Twiggy” Forrest on Facebook represents the newest addition to a series of deepfakes hijacking images of figures in deceptive advertisements,…