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.
KuCoin’s hack and the resulting hundreds of millions worth of assets that were put at risk have rattled the crypto community since news first broke over the attack. Since then,…
The latest exchange to fall victim to a malicious online attack by hackers is KuCoin, which saw a loss of over $200 million in funds that were drained from the…
Kucoin announced on September 26 that the cryptocurrency exchange detected unusual withdrawals from its hot wallets, and a deeper look into the issue revealed that several ERC-20 tokens and also…
Discussions around cryptocurrency have not strayed far from financial crime such as money laundering and financing terrorism, while governments and central financial institutions are constantly painting cryptocurrency as a medium…
Bitcoin scammers are stepping up their game when multiple Thai Youtubers reported that their channels have been hijacked and turned into Bitcoin scam live streams.
The incidents happened last week as…
The question of whether DeFi protocols have been sufficiently secured is one which has gone unanswered thus far as hacking incidents continue to hit various DeFi projects in the space.…
In one of the harsher sentences ever meted out for being involved in a Bitcoin scam, a Singaporean man will be facing a three-year jail term and also corporal punishment,…
Technology and internet behemoth Microsoft’s security arm, Microsoft Security Intelligence, published a tweet on August 27 alerting Windows users of a malware called Anubis, which they found to be targeting…
Electricity is the lifeline of all Bitcoin mining operations and farms, but it does not often come cheap unless you’re situated somewhere in the Sichuan province of China known for…
After making the news for a two-time 51% attack on the Ethereum Classic (ETC) Network in early August, hackers have made a third attempt and succeeded in reorganizing more than…
KuCoin 2020 Hack Culprits Found; $200 Million in Assets Recovered Thus Far
KuCoin’s hack and the resulting hundreds of millions worth of assets that were put at…
KuCoin Hacker Processing Stolen Funds via DEX Uniswap
The latest exchange to fall victim to a malicious online attack by hackers is KuCoin,…
Kucoin Loses $150 Million in Hacking Attack on Exchange’s Hot Wallets
Kucoin announced on September 26 that the cryptocurrency exchange detected unusual withdrawals from its hot…
Crypto – The Face of Financial Corruption & Crime, But Is It Really?
Discussions around cryptocurrency have not strayed far from financial crime such as money laundering and…
Scammer Hijacks Multiple Thai Youtube Channels, Turned Into Bitcoin Scam Live Streams
Bitcoin scammers are stepping up their game when multiple Thai Youtubers reported that their channels…
Third Hacking Incident for DeFi Protocol bZx; $8 Million in Assets Allegedly Lost
The question of whether DeFi protocols have been sufficiently secured is one which has gone…
Singaporean Man Sentenced to 3 Years Jail & 12 Strokes of Cane in 2018 Bitcoin-Related Scam
In one of the harsher sentences ever meted out for being involved in a Bitcoin…
Windows Users Beware – New Wallet Data Stealing Malware On The Loose
Technology and internet behemoth Microsoft’s security arm, Microsoft Security Intelligence, published a tweet on August…
Illegal Malaysian Crypto Farms Stole $600K Worth of Electricity
Electricity is the lifeline of all Bitcoin mining operations and farms, but it does not…
Ethereum Classic Network Gets Hit A Third Time by Hackers in 51% Attack
After making the news for a two-time 51% attack on the Ethereum Classic (ETC) Network…