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Scams, Schemes and Hacks

Money Laundering Accounts for Less Than 1% of All Crypto Transactions Last Year: Chainalysis Report

New data from Chainalysis reveals that while money laundering schemes involving digital assets rose last year, they still comprise a…

January 31, 2022

YouTuber Hacks Crypto Hardware Wallet and Recovers $2,000,000 in Lost THETA

A computer hacker that once testified before the U.S. Senate helped a crypto investor recover millions of dollars worth of…

January 31, 2022

Is Spell Token Out of Danger? Analytics Firm Santiment Says SPELL at Risk if Bitcoin Does This

As the dust settles after a wild scandal rocked the world of decentralized finance (DeFi), questions remain for one "magical"…

January 29, 2022

Crypto Crime Surges to All-Time High in 2021, but Plummets in Terms of This Metric, Says Chainalysis

Crypto-related crime levels skyrocketed to an all-time high in 2021 – but that statistic doesn't paint a complete picture, according…

January 7, 2022

Here’s What the US Government Does With Its Secret Stash of Bitcoin: Report

Authorities are revealing what the US government does with all the Bitcoin (BTC) and other crypto assets they seize from…

December 27, 2021

US Authorities To Return Over $150,000,000 in Embezzled Bitcoin Back to Tech Conglomerate Sony

The U.S. Department of Justice (DOJ) is cracking down on criminals who seek to use cryptocurrency as a means of…

December 22, 2021

$7,700,000,000 Worth of Crypto Taken From Victims Through Scams in 2021: Chainalysis

Scammers have conned more than $7.7 billion worth of digital assets from investors in 2021, partly due to the emergence…

December 21, 2021

Hackers Compromise Twitter Account of India’s Prime Minister, Promote Bitcoin Giveaway Scam: Report

The Twitter account of India's Prime Minister Narendra Modi was reportedly compromised by bad actors in an effort to perpetrate…

December 14, 2021

Global Crypto Exchange Loses $150,000,000 Worth of Digital Assets in Massive Security Breach, According to CEO

The founder and chief executive of BitMart is revealing that the global crypto exchange suffered a massive breach in security…

December 6, 2021

Tech Giant Google Issues Crypto Warning, Says Cyber Hackers Undermining Cloud Platforms To Mine Digital Assets

Tech industry titan Google is warning users that bad actors are illicitly using cloud computing servers to mine crypto. A…

November 29, 2021