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Scams, Schemes and Hacks

Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme

A man from New York is facing 25 years in prison after being convicted of running an unlicensed money transmitting…

October 16, 2022

Solana-Based Crypto Trading Platform Mango Markets Primed To Cut Deal With Alleged Hacker Behind $100,000,000 Exploit

A Solana-based (SOL) crypto trading platform is ready to cut a deal with the alleged hacker accused of stealing millions…

October 15, 2022

Crypto Hacks Explode in October, With $718,000,000 Stolen From DeFi Sector in Just Two Weeks: Chainalysis

Decentralized finance (DeFi) crypto hacks are already on the rise this month, according to the blockchain analysis firm Chainalysis. Chainalysis…

October 14, 2022

$100,000,000 Emptied From Solana-Based Crypto Trading Platform Mango Markets in DeFi Attack

A decentralized exchange (DEX) on the Solana (SOL) blockchain, Mango Markets, says an attacker took off with crypto assets worth…

October 13, 2022

TempleDAO, STAX Finance Hacked in $2,300,000 Exploit

Decentralized finance (DeFi) protocol TempleDAO and its affiliated application STAX Finance were compromised in a presumed hack early this week.…

October 12, 2022

Fake NFT Airdrops Attempting To Compromise Solana (SOL) Wallets and Siphon Crypto Assets: Report

Phony non-fungible token (NFT) airdrops are reportedly targeting Solana (SOL) wallets with malware to steal passwords and digital assets. According…

October 12, 2022

Brazilian Federal Police Move Against Alleged Transnational $800,000,000 Crypto Fraud Ring

Brazilian Federal Police are executing 20 search and seizure warrants for an alleged transnational crypto fraud ring accused of stealing…

October 8, 2022

Binance CEO Changpeng Zhao Speaks on State of Binance Smart Chain After $564,000,000 Cross-Bridge Exploit

The CEO of the largest crypto exchange by trading volume is updating Binance Smart Chain (BSC) users on yesterday's cross-bridge…

October 7, 2022

Embattled Terra (LUNA) Founder Do Kwon Ordered To Hand Over Passport by South Korean Authorities

South Korean authorities are telling embattled Terraform Labs founder Do Kwon to hand over his passport as they claim he…

October 6, 2022

FBI Issues New Warning on Rise of Scammers Posing As Successful Crypto Traders To Defraud Victims

The Federal Bureau of Investigation (FBI) is warning of a new crypto investment scheme called Pig Butchering, involving scammers pretending…

October 6, 2022