Exploits, phishing, wallet safety and consumer warnings.
33 records · page 3 of 3
South Korean authorities have accused North Korean hackers of attacking the Upbit crypto exchange in 2019 and making away with $50 million in crypto. According to the National Office of Investigation (NOI), notorious hacker organizations Andariel and Lazaraus were behind the hack, in which about 342,000 ETH were stolen. Stolen Crypto Value Exceeds $1 Billion
Andrew Richard2 min read
The crypto world is filled with bad actors looking to exploit vulnerabilities and steal funds from investors. Therefore, choosing a secure desktop wallet is vital. This article lists some of the top desktop wallets in the market to help you make the right choice. Read on to find out more. Best Crypto Desktop Wallets Exodus
Andrew Richard3 min read
Forcount Promoter to Serve a 20-Year Jail Term A New York-based federal court sentenced to jail Juan Tacuri on Wednesday. The man, who had been living in Florida, is expected to serve a 20-year jail term after being found guilty of promoting a global crypto Ponzi scheme, Forcount. Following the court’s ruling, the US Attorney’s
Andrew Richard2 min read
A dark web forum user named FireBear claimed on Tuesday that they had illegally accessed sensitive data of over 12.9 million Binance users. The alleged leaked information included names, phone numbers, physical addresses, and email addresses. However, Binance has released a statement denying FireBear’s claims. In a post on the forum, FireBare bragged about how
Andrew Richard2 min read
Bitcoin ATMs provide crypto users with a convenient way to buy and sell digital currencies. They look similar to standard ATMs installed in traditional banks, allowing people to exchange fiat for BTC and vice versa. However, not every Bitcoin ATM is compliant. As interest in crypto grows, several bad actors are installing illegal Bitcoin ATMs
Andrew Richard3 min read
CoinDCX has launched a $6 million investor protection fund to safeguard users from financial losses. Days after the Indian crypto exchange WazirX suffered a multimillion-dollar hack, CoinDCX launched a crypto investors protection fund (CIPF). The funding will assist virtual asset service providers (VASPs) to enhance security measures to protect Indian investors from malicious attacks. CoinDCX
Kimberly Crain3 min read
WazirX launching a bounty program to recover $230 million stolen in the July 18 hack. On Thursday, the Indian crypto exchange suffered a multimillion hack, leading to huge financial losses. The renowned cybersecurity firm Elliptic reported that hackers escaped with over $230 million. WazirX Launching Bounty Program to Recover Stolen Funds The Elliptic team noted
Kimberly Crain3 min read
Bitrue Ventures fund has opened a new funding account. The platform has allocated $200,000 directed towards Web3 startups. Bitrue Ventures’ Launches Fund to Support Web3 Firms Bitrue Ventures is a research and investment wing of the eponymous crypto trading platform. The total fund allocated to the new account is valued at $40 million that are
Hassan Mehmood (Saudi Arabia)Updated 3 min read
In its official announcement, the White Settlement Police Department (WSPD) confirmed that it rescued an elderly woman from falling into a scammer’s trap. A bystander informed the WSPD that a woman was depositing a large amount of funds at a Bitcoin ATM located on South Cherry Lane. WSPD Saves Elderly Woman From Scam The troubled
Kimberly Crain2 min read
