Senate democrats from the US Senate have interrogated Mark Zuckerberg, the CEO of Meta, on the business’s policies for handling crypto scams. U.S. Senators On Crypto Scams U.S. Senators including Sherrod Brown, Dianne Feinstein, Elizabeth Warren, Bernie Sanders, Robert Menendez, and Cory Booker reportedly called for Mark Zuckerberg, the CEO …
Read More »Terra Founder Do Kwon Arrest Warrant Issued By South Korea
Terra Founder Do Kwon arrest warrant has been issued by a court in South Korea. The move came as shocking to the crypto market followers as such an update was not expected after the recent surge of Terra Ecosystem cryptos. However, some did expect such a thing to happen due …
Read More »Interpol Red Notice Issued For Do Kwon
All is not well for Do Kwon, the Terra Founder, it seems. The International Criminal Police Organization (Interpol) has recently issued a red notice for Do Kwon. The Interpol red notice issuance is a move that is in line with the arrest warrant that was issued a few days ago. …
Read More »Blockchain Hacking: Nearly $500 Million Lost In Q3 2022
Blockchain hacking is becoming much more common than ever. This is why a lot of crypto funds have been drained into the hands of hackers. The crypto market is in a deep slumber and still, and the hackers in this domain have still not ceased their activities to profit from …
Read More »Deribit Crypto Exchange: $28Mn Hot Wallet Hack, No Cash Out!
Deribit crypto exchange, which is one of the major digital currency trading platforms, stated that its hot wallet had been hacked and thereafter it halted withdrawals on the platform. The organization has faced a loss of $28 million due to the recent hack. Further details have been noted in the …
Read More »Ankr Hack: Company Asks To Halt Trading Immediately
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 …
Read More »Cryptocurrency Scam: Metallica Issues Alert Before New Launch
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 …
Read More »FTX CEO Arrested: What Are The Important Events Behind It?
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 …
Read More »CoinDeal Crypto Scheme Creator Charged With $45Mn Fraud
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 …
Read More »Know The Reasons For Over $1Bn Crypto Scam Losses
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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