Topic
BitcoinBeginnerA crypto investor recently suffered a catastrophic loss after purchasing a discounted “cold wallet” from Douyin’s has an e‑commerce platform—China’s version of TikTok—only to discover it had been compromised before delivery. Instead of securely storing private keys, the wallet arrived preloaded…
#china#crime#crypto
Australia is tightening its grip on cryptocurrency ATMs in response to a surge in scams targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has introduced an AU$ $5,000 (approximately US$3,250) limit on cash deposits and withdrawals at crypto ATMs. This move…
#altcoin#atm#australia
BitcoinBeginnerThe U.S. Treasury’s Office of Foreign Assets Control (OFAC) has said sanctions on Funnull Technology Inc., a Philippines-based tech firm, and its alleged administrator, Chinese national Liu Lizhi. The firm is accused of providing critical infrastructure to thousands of fraudulent crypto websites,…
#crypto#scam#united-states
EthereumBeginnerA recent incident has highlighted the growing sophistication of phishing attacks in the cryptocurrency space. An investor lost a total of $2.6 million in stablecoins after falling victim to two separate zero-value transfer phishing scams within a mere three-hour window. This method, which exploits…
#altcoin#crypto#hackers
GeneralBeginnerA cybersecurity firm, Moonlock, has issued a warning about a new wave of cyberattacks targeting macOS users who manage their cryptocurrency with Ledger Live. Hackers are deploying fake versions of the Ledger Live app, using malware designed to steal users’ seed phrases and drain their wallets. The…
#crypto#ledger#phishing-attack
BitcoinBeginnerBybit has bounced back to its pre-hack market share after suffering a massive $1.4 billion security breach in February. The crypto exchange has since tightened its security measures and enhanced liquidity options, especially for retail traders. The crypto world was shaken on February 21 by one of…
#bybit#crypto#defi
BitcoinBeginnerAn increasing number of crypto users are reporting scam emails that impersonate major exchanges like Coinbase and Gemini. These phishing attempts are crafted to appear as official communications, with scammers urging recipients to create new wallets using pre-generated recovery phrases—phrases…
#coinbase#crypto#gemini
GeneralBeginnerScammers posing as Saudi Arabia’s Crown Prince Mohammed bin Salman launched a fraudulent memecoin, exploiting the growing interest in celebrity-endorsed cryptocurrencies. Authorities later confirmed that the account used for promotion had been compromised. The scammers introduced the so-called…
#crime#crypto#defi
BitcoinBeginnerIndian authorities have seized approximately $190 million worth of cryptocurrency assets linked to the infamous BitConnect Ponzi scheme. This significant recovery marks a major step in the ongoing investigation into the cryptocurrency scam that defrauded investors worldwide. “The Enforcement…
#crypto#fraud#india
SolanaBeginnerA fake cryptocurrency token claiming affiliation with the popular Chinese AI app DeepSeek briefly surged to a $48 million market cap, capitalizing on the recent hype surrounding the app’s release. According to blockchain data, the coin was established on January 4, weeks before DeepSeek’s app made…
#crypto#defi#memecoin
GeneralBeginnerNorth Dakota lawmakers are considering legislation aimed at curbing cryptocurrency ATM-related fraud. House Bill 1447, introduced by Representative Steve Swiontek, seeks to limit daily withdrawals from crypto ATMs to $1,000 per customer and cap transaction fees at $5 or 3% of the total amount,…
#atm#crypto#fraud
