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Scams, Schemes and Hacks

U.S. Prosecutors Won’t Pursue Second Trial Against FTX Founder Sam Bankman-Fried: Report

U.S. prosecutors are reportedly not pursuing a second trial against disgraced FTX founder Sam Bankman-Fried. According to a new report…

December 31, 2023

US Lender Exposes 14,000,000 Social Security Numbers, Bank Account Numbers and Other Sensitive Information in Massive Data Breach

One of the largest mortgage lenders in the country just suffered a massive security breach that enabled hackers to access…

December 31, 2023

Web3 Projects Lose $2,020,000,000 in 2023 to Hacks, Rug Pulls and Phishing Attacks: Crypto Security Firm

Web3 projects lost more than $2 billion in 2023 to hacks, rug pulls and phishing scams, according to the blockchain…

December 30, 2023

Decentralized Exchange Built on Osmosis Hit With Oracle Attack, Hacked for $1,140,000 Worth of Crypto

A decentralized exchange (DEX) built on Osmosis (OSMO) was hacked for $1.14 million worth of crypto this week. The Levana…

December 29, 2023

Telcoin Temporarily Freezes Use of Decentralized Remittance App Following $1,300,000 Exploit

Remittances-focused crypto project Telcoin (TEL) is offering an update after a cybersecurity breach that resulted in the loss of funds.…

December 27, 2023

Kyber Network Forced to Slash Staff by 50% After $46,500,000 Exploit, According to CEO

Decentralized finance (DeFi) platform Kyber Network is cutting its staff in half following a large exploit earlier this year, according…

December 26, 2023

Nearly $50,000,000 To Be Handed Out to Victims of Curve Finance Exploit After Vote

Decentralized finance (DeFi) protocol Curve Finance (CRV) says it will compensate users who sustained losses as a result of a…

December 24, 2023

Atomic Wallet Launches $1,000,000 Bug Bounty Program Months After Suffering Multi-Million Dollar Hack

Atomic Wallet is beefing up the security of its platform through a new initiative that will give monetary awards to…

December 21, 2023

Ledger Addresses Security Vulnerability Incident, Says Victims Will Be Made Whole After $600,000 in Losses

Hardware wallet firm Ledger is responding to a recent security vulnerability in its products that was exposed earlier this month.…

December 20, 2023

FTX Values Claims of Creditors Based on Prices of Digital Assets During Collapse of Exchange

Recent court documents indicate FTX's creditors' digital asset claims will be based on the near-bottom crypto prices at the time…

December 19, 2023