Scams, Schemes and Hacks

Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native...

Payments giant Mastercard is partnering with an artificial intelligence (AI) firm to combat crypto fraud. Mastercard plans to integrate its crypto intelligence solution, CipherTrace...

The firm behind USDT has voluntarily frozen over $200 million worth of stablecoins to assist the U.S. Department of Justice (DOJ). In a new announcement,...

An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by a rogue user. In...

JPMorgan Chase says news that a scammer stole $11,000 from a retired postal worker's account is heartbreaking – but the bank will not make...

Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then moving the stolen money...

A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action to get his unpaid...

Hackers reportedly stole more than $27 million worth of the top stablecoin USDT from a Binance hot wallet over the weekend. The on-chain researcher...

The CEO of the world’s largest crypto exchange says that executives from one of its clients recently fell victim to a multi-million-dollar heist. In...

Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial...