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Scams, Schemes and Hacks

North Korea Allegedly Funding Missile Program With Stolen Crypto: Report

The United Nations (UN) says that North Korea is using cryptocurrency acquired in cyberattacks to help fund its illicit weapons…

February 8, 2022

U.S. Treasury Department Issues Warning, Says NFTs May Be Used for Money Laundering

The U.S Treasury Department is issuing a warning to investors that non-fungible tokens (NFTs) could be used to launder money.…

February 6, 2022

Cross-Chain Crypto Platform Hacked for Staggering $320,000,000 Worth of Ethereum (ETH)

A Solana-based blockchain bridge has been hacked to the tune of $320,000,000 worth of leading altcoin Ethereum (ETH). Wormhole, a…

February 3, 2022

New Malware Emerges That Targets Coinbase Wallet, MetaMask and Other Crypto Extensions: Report

A new type of malware has surfaced that can compromise crypto wallets and extensions, putting investors at risk of hacks.…

February 2, 2022

Nearly $2.3 Billion Worth of Bitcoin Moved Out of Wallet Involved in 2016 Bitfinex Hack: Whale Alert

Nearly $2.3 billion worth of Bitcoin (BTC) stolen in the infamous 2016 Bitfinex exchange heist is moving to a new…

February 2, 2022

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