Recently there was a Poly Network hack, where the hackers were successful in cracking the Poly Network and making off with digital currency that is worth $613 million. To date, this is the biggest heist in digital currency. Let us have a look at the Poly Network hack explained. …
Read More »The UK Cryptocurrency Scam: Important News On Crypto Seize
After the unearthing of the UK cryptocurrency scam, the UK has seized digital currencies worth $22 million. They have also retrieved USB sticks that contained huge quantities of Ethereum which is the second largest digital currency in the world after Bitcoin. The UK Cryptocurrency Scam Initiation According to the Greater …
Read More »8 Fake Crypto Mining Apps Removed: How To Protect Yourself?
Digital currency is a trending topic and now google play has removed 8 fake crypto mining apps after discovery. They tricked the users to watch advertisements, according to the security firm Trend Micro. These applications are impersonated as crypto cloud mining apps where the users can earn digital currencies by …
Read More »Bitcoin Scammers Target iPhone: New Scam Shakes The Crypto Space
The researchers of Sophos cybersecurity found a Bitcoin wallet that was filled with tokens worth nearly $1.4 million that was accumulated through cryptocurrency trading scams. It was found that the Bitcoin scammers target iPhone users through dating apps like Bumble and Tinder. Along with stealing the crypto of the users, …
Read More »Squid Game Crypto Scam: An Overview Of The Latest Scam
Squid, which promoted itself as a “play to earn digital currency” has witnessed its rise in price these days, increasing by 1000%. However, CoinMarketCap has criticized this token for not being able to sell in several exchanges. This Squid game Crypto Scam is commonly known as “rug pull” by crypto …
Read More »Three Accused Arrested In The Indian Chainlink Scam
In recent times, the digital currency has often been associated with several scams, which is one of the reasons for it not getting recognized as a legal tender. One such scam is the cryptocurrency chainlink scam in an Indian state. The CCB (Central Crime Branch) police of the state have …
Read More »BadgerDAO Theft: Hackers Stole $120 Million In A Scam
As per a report, the members of the BadgerDAO teams told their customers that they believe this BadgerDAO theft took place from someone inserting an infected script in their website’s UI. Let us have a look at the coin theft that took place at BadgerDAO. How Did The BadgerDAO Theft …
Read More »CoinMarketCap Hack: Prices Touched Skies Because Of The Latest Glitch
For a small span of time, crypto holders around the globe were multi billionaires and millionaires as data from the chief crypto price aggregator CoinMarketCap portrayed some dazzling figures for the values of crypto along with their market data and capitalization. Experts predict that there are chances of a CoinMarketCap …
Read More »Biggest Crypto Theft: $600m Stolen From The Axie Infinity Hack
In what could be among the biggest crypto theft, hackers stole cryptocurrency worth $600 million from the blockchain called Rohin, which backs up the game Axie Infinity which is an NFT (non fungible token) based game. Biggest Crypto Theft: What Actually Happened? According to Motherboard, these hackers stole 173,600 Ethereum, …
Read More »Secret Service Seized Crypto Of More Than $102M: Know Why
The Secret Service seized crypto of over $100 million in digital currency since 2015 in an attempt to crack down on illicit crypto transactions. David Smith of the Secret Service said in an interview that his department has been tracking the Bitcoin and other digital currency flow on the blockchain …
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