Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s…
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Crypto Platform Issues Warning Over Fake BSC Token
Prominent crypto research firm SoSoValue has warned about a bogus token, SOSO, deployed on the Binance Smart Chain (BSC). The company clarified that it had not released any official cryptocurrency…
Hackers Target X Accounts of Crypto Firms to Promote Scam Tokens
Several account hijackings on X over the weekend have raised alarm in the crypto community. The incidents involved the official accounts of Litecoin, Foresight Ventures, and Holoworld AI being compromised…
Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed…
Animoca Brands’ Exec Explains How His X Account Was Hacked Despite 2FA
Blockchain gaming giant Animoca Brands revealed that co-founder and chair Yat Siu’s X account was hacked, promoting a fraudulent token on Solana’s Pump.fun platform. The attackers impersonated Animoca and falsely…
South Korea Takes Action Against North Korean Cyber Criminals
South Korea has intensified efforts to curb the illegal cyber operations of its northern neighbor, the Democratic People’s Republic of Korea (DPRK), which have escalated to alarming levels. These activities,…
SBI VC Trade Completes Acquisition of Hacked Crypto Exchange DMM Bitcoin Assets
SBI VC Trade, a crypto-focused subsidiary of Japan’s financial giant SBI Holdings, is set to inherit the accounts and assets of beleaguered crypto exchange DMM Bitcoin. The transfer will take…
ZachXBT Exposes $500K Scheme Targeting Solana Meme Coin Investors on X
Blockchain investigator ZachXBT has exposed a sophisticated phishing operation that has managed to compromise over 15 X accounts. The scheme targeted investors in Solana-based meme coins and has resulted in…
Crypto Industry Lost $2.3B to Cyber Threats in 2024: Cyvers Report
As 2024 gradually wraps up, the web3 security firm Cyvers has released a Security, Fraud, and Compliance Report for the year, detailing how much impact cybercriminals and their operations had…
Vivek Ramaswamy’s X Account Allegedly Hacked, Leads to USUAL Price Surge
Reports have emerged that hackers compromised the X account of the newly-established Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy. The attack led to a whirlwind of misinformation and market…