Fraud & Scams
While cryptocurrency and blockchain help facilitate faster, safer transactions, criminals have taken advantage of this new medium of transaction and technology to facilitate criminal activities.
The Ethereum Classic (ETC) network found itself going through a reorganization last weekend, where all the nodes on the network lost function temporarily. While it was initially suspected to be…
Adding to the list of hacking incidents in the DeFi sector this year is decentralized protocol Opyn, which is known for offering Ethereum (ETH) options contracts. An unidentified hacker conducted…
According to a press release by Bitfinex, the Hong-Kong based digital assets trading platform is now offering a reward of up to $400 million USD to any persons that will…
PlusToken, the biggest cryptocurrency scam in history so far has come to an end as 27 on-the-run core members and 82 conspirators have been arrested by Chinese police.
Chainnews media outlet…
Scams and fraud have been around since humanity began to accumulate wealth and been introduced to greed. Celebrity and impersonate scams are on the rise as they are targeting unsuspecting…
Two days ago, the world looked on as influential personalities and companies found their Twitter accounts being hacked to promote a scam involving Bitcoin (BTC) and was marginally successful in…
Crypto Twitter is at the present still abuzz with the latest of cryptocurrency scams happening on the social media app, which involved the accounts of famous global personalities such as…
Another day, another crypto scam busted. The payouts for conducting financial scams are high, which attracts individuals looking to make a quick buck, but it is only a matter of…
As Decentralized Finance (DeFi), particularly decentralized exchanges (DEX), experience an explosive jump in popularity, the number of fraudulent actors and schemes grow simultaneously, looking to take advantage of sudden growth…
Embroiled in accusations of fraud and accounting irregularities, German fintech firm Wirecard known for its payments processing services for huge crypto names such as Crypto.com and TenX has filed for…
ETC Network’s 51% Attack Was Deliberate; Team Seeking Criminal Charges on Perpetrators
The Ethereum Classic (ETC) network found itself going through a reorganization last weekend, where all…
DeFi Protocol Opyn Hacked; $370,000 Stolen in USDC Stablecoin
Adding to the list of hacking incidents in the DeFi sector this year is decentralized…
Bitfinex Offering Bounty Reward of $400 Million for 2016 Bitcoin Hack
According to a press release by Bitfinex, the Hong-Kong based digital assets trading platform is…
27 PlusToken Scammers Cornered and Arrested by Chinese Authority
PlusToken, the biggest cryptocurrency scam in history so far has come to an end as…
New Bitcoin Scam Targets Thai by Impersonating Chang Beer Tycoon
Scams and fraud have been around since humanity began to accumulate wealth and been introduced…
The Aftermath: Twitter Publishes Official Report over Major Hack
Two days ago, the world looked on as influential personalities and companies found their Twitter…
Major Twitter Account Hacks of Prominent Personalities & Businesses Promoting Bitcoin Scam
Crypto Twitter is at the present still abuzz with the latest of cryptocurrency scams happening…
$15 Million, Luxury Cars and Properties of Crypto Scammers Seized by Chinese Authorities
Another day, another crypto scam busted. The payouts for conducting financial scams are high, which…
Rising Cases of Scam Tokens on DEX Uniswap
As Decentralized Finance (DeFi), particularly decentralized exchanges (DEX), experience an explosive jump in popularity, the…
German Payments Firm Wirecard Scandal Affects Crypto Debit Cards from Crypto.com & TenX
Embroiled in accusations of fraud and accounting irregularities, German fintech firm Wirecard known for its…