Tag: Scams & Cybercrime

Texas man sentenced to 23 years in prison for $20M Meta-1 Coin fraud scheme

A Texas man convicted of helping run a cryptocurrency scam that defrauded…

Ethereum Foundation-backed initiative uncovers 100 DPRK-linked workers in the crypto sector

The Ethereum Foundation said it funded a six-month initiative that uncovered 100…

At least a dozen crypto firms targeted following Drift Protocol hack

At least 12 DeFi protocols and crypto firms have been targeted in…

French minister says new measures coming after wave of crypto-related kidnappings

Jean-Didier Berger, France’s minister delegate to the interior minister, said authorities are…

Web3 hacks hit $464M in Q1 as phishing attacks drive majority of losses: Hacken

Web3 projects lost $464.5 million to hacks and scams in the first…

Justice Department launches compensation process for victims of $4B OneCoin crypto fraud

The US Department of Justice has launched a compensation process for victims…

Aethir halts bridge exploit, pledges compensation after $90K loss

Aethir, a decentralized GPU cloud platform built for AI, confirmed it was…

North Korean operatives have been infiltrating DeFi platforms for seven years, researcher says

North Korean IT workers have been quietly embedding themselves within crypto firms…

Drift details $280M exploit as critics question Circle over USDC freeze

Drift Protocol confirmed Thursday that it was targeted in a roughly $280…

CoinDCX ramps up anti-fraud efforts after founders cleared in impersonation case

CoinDCX has unveiled a ₹100 crore (around $11 million) Digital Suraksha Network…