Get the scoop on finance - sign up for mobile alerts

Scams, Hacks & Breaches

DOJ Announces Charges Against Solana-Based NFT Developer for Alleged Rug Pull Scheme

The U.S. Department of Justice (DOJ) is pressing charges against a Solana (SOL) non-fungible token (NFT) developer who allegedly pulled…

July 1, 2022

Millions of Dollars Worth of Ethereum (ETH) Sent by Hacker to Coin Mixer Following Harmony (ONE) Attack: Report

A blockchain security firm finds that the hackers behind the Harmony (ONE) breach sent tens of millions of dollars worth…

June 30, 2022

Ethereum Rival Tumbles As Hackers Drain About $100,000,000 From Its Crypto Bridge

One Ethereum (ETH) competitor is taking a massive hit after hackers drained approximately $100 million worth of crypto from its…

June 25, 2022

Former Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report

Crypto exchange Huobi is reportedly suing a former executive accused of raking in $5 million in Tether (USDT) by secretly…

June 23, 2022

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino

The chief technology officer of stablecoin issuer Tether says the firm was hit with a ransom demand amid a distributed…

June 20, 2022

FBI Agent Says Crypto Investment Scams on LinkedIn ‘Significant Threat’ to Consumers: Report

The Federal Bureau of Investigation (FBI) is reportedly saying that crypto-related investment scams on popular professional networking platform LinkedIn are…

June 19, 2022

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse

The embattled chief executive of Terraform Labs is adamantly denying whispers that he cashed out billions of dollars worth of…

June 14, 2022

Dogecoin (DOGE) Co-Creator Calls Crypto Industry Facilitator of Scams That Exists Outside of Government Control

The co-creator of popular meme token Dogecoin (DOGE) says a lack of traditional oversight leaves crypto traders vulnerable to being…

June 14, 2022

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds

A retirement account trust company is suing the crypto exchange Gemini for failing to have the "proper safeguards in place"…

June 8, 2022

Scammers Compromise Bored Ape Yacht Club and Otherside Discord Servers, Steal 32 NFTs Worth $259,000: Report

Bad actors have reportedly made off with hundreds of thousands of dollars worth of stolen non-fungible tokens (NFTs) after exploiting…

June 6, 2022