Jimbos Protocol Lost $7.5 Million in Hack Attack
Jimbos protocol has recently suffered from a massive hack attack. The media reports have covered that the protocol was targeted by hackers using an exploit....
Ireland’s Central Bank Labels Bitcoin as a Ponzi Scheme
The cryptocurrency industry is facing issues on various fronts. However, the nascent technology has continued to move forward and make progress regardless of all the...
Court Orders South African Bitcoin Trading Firm to Pay $3.4 Billion in Penalties for Forex Fraud
Commodity and Futures Trading Commission has recently churned out the biggest and heaviest fine on an operator for illegal Bitcoin dealings. As per the allegations...
Crypto Influencer Evan Luthra Accuses Bitget Exchange of Fraudulent Activity
Renowned cryptocurrency authority Evan Luthra alleges that he has fallen prey to a fraudulent scheme, incurring a loss of over $200,000 on the Chinese cryptocurrency...
Cybersecurity in Web3 – How to Protect Yourself and Your NFTs
Although many Web3 advocates constantly tout the blockchain's native security features, the amount of money poured into the industry has attracted many scammers and hackers....
Crypto Scam From Matchmaking Site Causes Woman To Lose Money
Over the past few years, fraudulent activities related to cryptocurrency have become a concerning issue, leading to significant financial and emotional losses for the victims...
Crypto Scams and Exploits Down 70% in the First Quarter of the Year, Over $370M Lost So far
According to data from Rekt Database, the crypto industry lost more than $370 million to exploits and scams in the first quarter of this year....
Payback Ltd Review – Important Questions To Ask About Payback Ltd Fund Recovery Firm
Payback Ltd Review The financial sector is an unforgiving space with a lot of scam artists. Many scammers seek to explore loopholes in the financial...
Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
Six Executives of AirBit Plead Guilty to $100M Ponzi Scheme
On Thursday, six executives of AirBit, a Ponzi scheme that left investors counting losses of over $100 million, pleaded guilty to wire fraud and money...