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Scams, Hacks & Breaches

Man Faces Charges for Allegedly Helping To Kidnap ‘Crypto King’ After Falling Victim to Scheme: Report

A Toronto investor who allegedly helped kidnap Ontario's "Crypto King" last December after losing thousands in a scam is facing…

July 17, 2023

Fantom (FTM) Founder Andre Cronje Says Multichain Hack Was ‘Big Blow’ to Ethereum Rival’s Ecosystem

Fantom (FTM) creator Andre Cronje says that the recent exploit of cross-chain bridge Multichain was a massive setback for the…

July 17, 2023

Crypto Scam Revenue Down 77% Year-on-Year, but Ransomware Surges in the First Half of 2023: Chainalysis

A new report from blockchain data platform Chainalysis shows that cryptocurrency-related crimes significantly dropped in the first half of 2023.…

July 14, 2023

Dogecoin Lawsuit Plaintiffs Claim Elon Musk Using ‘Bottomless War Chest’ for Harassment in New Court Filing

New court documents reveal that the plaintiffs in the Dogecoin (DOGE) lawsuit against Elon Musk are accusing the billionaire of…

July 14, 2023

Founder of Bankrupt Crypto Lender Celsius Network Alex Mashinsky Arrested and Charged With Fraud

Alex Machinsky, the founder of bankrupt crypto lender Celsius, has been arrested and charged with multiple counts of fraud. In…

July 13, 2023

US Authorities Charge Cybersecurity Engineer With Stealing $9,000,000 From Decentralized Crypto Exchange

The United States Attorney for the Southern District of New York, Damian Williams, just announced the indictment of a former…

July 13, 2023

Stablecoin Issuers Circle and Tether Freeze Stablecoins Tied to Multichain Exploit: On-Chain Data

Blockchain data reveals that stablecoin firms Circle and Tether have frozen coins linked to the recent multi-million-dollar Multichain exploit. Earlier…

July 10, 2023

Losses From Crypto Hacks Now Total Over $30,000,000,000 Across More Than 1,100 Exploits: Security Firm SlowMist

Total losses from crypto hacks have now shattered $30 billion, according to the blockchain security firm SlowMist. The firm notes…

July 8, 2023

Web3 Crypto Project Multichain Hit With $126,000,000 Exploit: PeckShield

A web3 crypto cross-chain protocol has been hacked to the tune of over a hundred million dollars, according to one…

July 8, 2023

US-Based Crypto Exchange Gemini Sues Genesis Parent Company DCG Over Gemini Earn Dispute

Crypto exchange Gemini is suing the parent company of bankrupt crypto broker Genesis over the Gemini Earn program, claiming that…

July 7, 2023