Hacktivist Group Anonymous Pledges To Expose Do Kwon 9
Anonymous has uploaded a new video that targets Terra Form labs founder Do Kwon Anonymous group has pledged to expose Do Kwon’s crimes and bring him to justice as soon as possible.  Popular hacktivist group Anonymous is back again and has uploaded a new video that pledges to expose Do...
Malware
A malware program called Smominru has been mining privacy oriented cryptocurrency Monero (XMR) on half a million infected computers. The malicious mining script has also been stealing sensitive user data. Sophisticated, Multi-Stage Malware Detected Carbon Black, an online security firm, revealed in a report released on August 7, 2019 that...
EtherDelta
Chinese authorities are reportedly investigating the activities of ERC-20 token exchange platform, EtherDelta. Police officials suspect that the crypto trading platform might be involved in an exit scam.  Scam Allegedly Involves Sale of EtherDelta Token The alleged scam might involve the sale of the exchange’s native crypto asset, called EtherDelta...
Lost
Crimes involving cryptocurrencies have led to billions of dollars worth of losses this year, according to a report from CipherTrace.  During Q2 2019, an estimated $125 million was lost due to crypto-related hacks. A total of $227 million has been stolen in various security breaches this year, CipheTrace’s Q2 2019...
Scammers Targeting the XRP Community Become More Sophisticated 10
In summary: Crypto scams have continued to plague the industry and the orchestrators are becoming more sophisticated.  The XRP Community is continually being targetted by these unscrupulous individuals. XRP Community members are leading the charge in identifying fraudulent offers online.  Ripple has also joined the effort of identifying and eradicating...
XRP Scammers are Now Targeting the Stellar (XLM) Community 12
Quick take: The XRP community has long been a target of scams. The same scammers are now targetting the Stellar (XLM) community using the same tactics. Staking is one way the fraudsters are luring XRP and Stellar (XLM) investors into sending them their digital asset investments. The crypto-verse is a...
Bitfinex and Tether Freeze $33M USDT from KuCoin Hack 16
Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from...
North Korea
North Korea reportedly stole billions of dollars in fiat and cryptocurrency from financial institutions and digital asset exchanges, according to a confidential U.N. report seen by Reuters.  The isolated nation used “widespread and increasingly sophisticated” hacking techniques to conduct various security breaches, while allegedly stealing approximately $2 billion in fiat...