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High-Profile Whale Loses Over $24M in Crypto Phishing Attack: Report

Fraudsters don’t often succeed in swindling cryptocurrency whales with substantial market-influencing holdings. Nevertheless, in an unfortunate twist of events, a crypto investor recently incurred multimillion-dollar losses in the latest phishing…

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92% Decrease in Crypto Losses Due to Hacks and Exploits in August (Report)

The security services platform that offers protection against Web3 bugs – Immunefi – estimated that hackers and fraudsters have drained approximately $23.4 million worth of digital assets from crypto projects…

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Crypto Scammers Using Gold Verfication on X (Twitter) Are Out of Control, Says ZachXBT

According to cybersecurity researcher ZachXBT, the feature meant to prevent scammers from impersonating legitimate organizations merely created a new black market. Previously, all verified accounts had blue checkmarks. Now, blue…

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Soccer Legend Ronaldinho Investigated Over Participating in a Crypto Scam (Report)

The Brazilian authorities have reportedly launched an investigation against one of the greatest soccer players of all time – Ronaldo de Assis Moreira (better known as Ronaldinho) – over allegations…

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