India Prime Minister’s Twitter Compromised: Hacker Posts a Bitcoin Scam
The Prime Minister of India – Narendra Mori – had his official Twitter account. While under the control of the perpetrator, the account published a tweet of a BTC giveaway…
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SEC Obtains Judgement Against Top BitConnect Promoter Glenn Arcaro
The US Securities and Exchange Commission (SEC) obtained a judgment against Glenn Arcaro – the lead promoter of the alleged fraudulent scheme BitConnect. According to the regulator, he promoted it…
Investors Should Not Receive Compensation for Crypto Losses, Says FCA’s CEO
Nikhil Rathi – CEO of UK’s top financial regulator FCA – proposed that the British government should not pay compensations to individuals investing in cryptocurrencies in case of a loss.…
Overall Losses from DeFi Exploits Exceed $12 Billion in 2021: Elliptic Report
According to data provided by the blockchain analysis company – Elliptic – investors have lost $12 billion to criminals targeting decentralized finance platforms since the beginning of 2021. More than…
FBI Raised The Public Attention on Scams Involving Cryptocurrency ATMs
The Federal Bureau of Investigation (FBI) warned about an “increase in scammers” employing crypto ATMs and Quick Response (QR) codes for fraudulent activities. The agency gave valuable tips on how…
Binance is Tracking the Squid Game Scammers and Will Hand the Intormation to Authorities
The masterminds behind the Squid rug pull are probably enjoying the good life after stealing more than $3 million in a matter of seconds. But Binance is doing everything it…
Squid Game Pulls the Rug: SQUID Price Crashes 99.99%
SQUID officially left the game. These, amongst others, are some of the reactions to what happened moments ago to one of the most widely-discussed tokens for the past couple of…
SQUID Investors Cannot Sell Their Tokens After a 110,000% Spike, Raising Too Many Red Flags to Ignore
The SQUID token made headlines in various financial and cryptocurrency media around the world this week. Still, it might not be the miracle everyone was hoping for. After rising over…
Russian Hackers Use YouTube Channels to Broadcast Cryptocurrency Scams: Google Report
Google’s Threat Analysis Group revealed that cybercriminals have been targeting YouTube content creators in phishing campaigns for the last two years. The bad actors often hijack their channels and either…
Crypto Frauds in The UK Resulted in $200 Million Stolen in 2021: Report
The number of cryptocurrency-related crimes in the United Kingdom has significantly surged in the first nine months of 2021 comparing to last year, reads a recent report. The local police…