Crypto Losses from Hacks Surpassed $313 Million in August
Last month, the crypto space experienced $313 million in losses due to over ten different hacks. Of the total stolen funds, 93.5% were lost in two large phishing attacks that…
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Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to…
Coinbase Shares Tips to Protect From Crypto Scams
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves…
Avalanche Discord Compromised—Fake Token Scammers Strike Again
Following the hack of the Polygon Discord server, Avalanche’s official X account (@avax) alerted the public that their Discord channel had also been breached. “SECURITY ALERT,” Avalanche announced. “The official…
$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack
On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker…
Connecticut Police Recover $63,500 in Cryptocurrency Scam
Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have successfully recovered over $63,500 for a victim of a cryptocurrency phishing scam. The…
AFP Uncovers 2,000 Compromised Australian Crypto Wallets
The Australian Federal Police (AFP) has uncovered that over 2,000 cryptocurrency wallets owned by locals were compromised by offshore scammers, putting millions of dollars in digital assets at risk. This…
What Caused the Majority of Crypto Thefts in Q2 2024? SlowMist Reports
Private key leaks were identified as the leading cause of crypto thefts in the second quarter of 2024 by cybersecurity firm SlowMist’s investigative branch, MisTrack. The report highlighted many instances…
TON Ecosystem Faces Phishing Surge Amidst 4,500% Increase in TVL
Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being…
Ethereum Foundation’s Mailing List Leaked: Vulnerability in SendPulse Flagged
Ethereum core developer Tim Beiko reported that the Ethereum Foundation’s mailing list was leaked due to a vulnerability in SendPulse, the email automation service used by the foundation. An attacker…