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Scams, Schemes and Hacks

Scam Artists Used Ethereum 2.0 Merge To Steal $1,200,000 in Crypto, According to Chainalysis

Blockchain analysis firm Chainalysis says scam artists stole $1.2 million worth of Ethereum (ETH) during the project's merge to proof-of-stake.…

November 4, 2022

Crypto Exchange Deribit Suffers Hack, $28,000,000 in Bitcoin, Ethereum and USDC Vanish After Wallets Compromised

A crypto exchange platform has been hacked to the tune of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH),…

November 2, 2022

Crypto Hackers Strike DeFi Liquidity Locking Project With $14,500,000 Exploit

The liquidity locking project Team Finance says crypto hackers made off with $14.5 million in digital asset tokens. Team Finance…

October 28, 2022

Changpeng Zhao Says Binance Zeroing In on Identity of Hacker Behind $570,000,000 Exploit

Binance CEO Changpeng Zhao says that the crypto exchange is making progress on identifying those responsible for the theft of…

October 26, 2022

Former Head of Crypto Exchange Bithumb Charged With Eight Years in Prison for Alleged $70,000,000 Fraud: Report

South Korean prosecutors are charging the former head of a major crypto exchange with fraud worth nearly $70 million. According…

October 25, 2022

DeFi Lending Platform Built on Polygon (MATIC) Hacked for $220,000 in Flash Loan Attack

Decentralized exchange (DEX) QuickSwap is ending its lending pool after sustaining losses in a flash loan attack. The Polygon (MATIC)…

October 25, 2022

DOJ Charges Two Chinese Intelligence Officers in FBI Double Agent Bitcoin (BTC) Bribery Scheme

Two Chinese intelligence officers are facing criminal charges in the US for allegedly attempting to steal court documents and bribing…

October 25, 2022

Sam Bankman-Fried Says Crypto Exchange FTX Will Dole Out One-Time $6,000,000 Reimbursement to Phishing Victims

Billionaire Sam Bankman-Fried says crypto derivatives exchange FTX will dole out $6 million to reimburse users who were impacted by…

October 25, 2022

Olympus DAO Hacked for 30,000 OHM Worth $300,000, Perpetrator Returns Funds Within Hours

The hacker who exploited an Olympus DAO (OHM) smart contract for $300,000 worth of assets is already returning the stolen…

October 21, 2022

Mango DAO Unanimously Approves $42,000,000 Reimbursement Proposal

The decentralized autonomous organization (DAO) that manages the Solana (SOL)-based crypto exchange Mango Markets is approving a proposed reimbursement deal…

October 21, 2022