The Ankr hack has finally been confirmed. The Web3 infrastructure platform, Ankr, was targeted with a major exploit earlier today. It has been alleged that the malicious hacker was able to make millions of dollars off the Web platform. The Ankr hack was possible by simply generating 10 trillion ANKR …
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Metallica’s new album launch, and upcoming tour named 72 Seasons are already in the way of launch. The threat actors are undergoing a cryptocurrency scam. The scammers have targeted the metalheads via social media impersonation through crypto giveaway scams. The company was quick enough to point out the hideous side …
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The former FTX CEO arrested. Sam Bankman-Fried, who led the cryptocurrency exchange has been arrested in the Bahamas. The fall of the exchange has got him into this trouble. He was scheduled to appear and testify in Congress on the 13th of December 2022 regarding the fall of the crypto …
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The Securities and Exchange Commission (SEC) today has charged the CoinDeal Crypto Scheme Creator and various others for their involvement in raising over $45 million. The accused are Neil Chandran, Garry Davidson, Michael Glaspie, Amy Mossel, Linda Knott, AEO Publishing Inc, Banner Co-Op, Inc, and BannersGo, LLC. The accused had …
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The crypto domain has stretched far in an extremely unprecedented manner over the last few years. However, the growing popularity has also led to increasing frauds and scams in the sector. According to a Federal Trade Commission (FTC) report released on June 3, 2022, the crypto scam losses amount to …
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By the end of the year 2022, crypto scammers have shifted their focus towards duping cryptocurrency investors. They potentially target those crypto investors who are desperately trying to cope with their year-long losses. The European government agencies had led international law enforcement operations. They have also joined crypto entrepreneurs and …
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The U.S. Federal authorities have charged an ex-Coinbase product manager, his brother, and a Houston man in an insider crypto trading case. The most notable fact here was that this was regarded as the first insider trading case that the U.S. government recorded. Since insider cryptocurrency trading is a serious …
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Sophos, a global leader in innovating and delivering cybersecurity as a service, today released details of two expansive Cyber Fraud Operations, still operational, pig butchering or shazhu pan rings (elaborate and lengthy financial fraud scams that can cost victims thousands of dollars) that scammers are operating from Asia. One …
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A man based in the Bay Area, California, lost about $1.2 million in a Silicon Valley crypto scam that was targeted at many other investors in the region. Federal investigators noted that such fraud cases are known as “pig butchering,” which are growing at an increasing rate across California. Most …
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Nemus, a Brazillian company that sells non-fungible tokens (NFTs) says that these are linked to the physical land in the nation’s Amazon rainforests. While the connection of the actual land with Amazon Forest NFT seems interesting there is a loophole in it. Brazilian prosecutors recently asked the company to prove …
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