The report from the State Data Protection Inspectorate confirms that the Revolut data breach may have impacted 50,000 of its customers. Revolut had recently encountered a malicious cyber attack that resulted in jeopardizing the company’s database temporarily. Leading fintech startup Revolut recently fell prey to a malicious cyber attack that...
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...
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...
In brief: The owner of the Ethereum address that paid approximately $5 Million in ETH fees has finally been identified. According to the team at PeckShied, it belongs to a small P2P exchange in Korea called Good Cycle. The Good Cycle crypto exchange appears to be a Ponzi Scheme. The...
Dookey Dash, the skill-based game launched by BAYC creator Yuga Labs last month, is plagued with rampant cheating. Players are paying thousands to boosters to pump their scores on the leaderboard.
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...
SudoRare NFT exchange has abandoned its project and has stolen nearly $800,000 worth of user funds. The project went offline within six hours of launching after deleting all of its official social media accounts An NFT exchange dubbed SudoRare has disappeared after scamming and draining users’ crypto funds worth $800,000. ...
Lazarus is now exploiting Japanese crypto platforms. Lazarus is a North Korean hacking group responsible for executing multiple cyber attacks on various crypto firms. A joint statement released by the local police and the financial services of Japan outlines how the infamous North Korean hacker group Lazarus is now targeting...
NFT influencer Zeneca’s account was hacked in a phishing scam The hacker posted a fake airdrop message to trick users into connecting their wallets with the malicious link The impact of the attack is yet to be revealed. NFT phishing attacks are no stranger to the NFT community, however, they...
Binance has frozen $450,000 of stolen funds from the Curve Finance front-end exploit. FixedFloat had also frozen about $200,000 in funds. The exploit was quickly patched by the team, limiting the damage. There has been an update from the front-end hack incident of Curve Finance, with Binance seizing $450,000 of...
Quick take: Twitter has experienced one of its greatest hacks to date that has affected accounts of prominent global personalities and companies. The coverage of the Twitter hack by Mainstream media highlights Bitcoin as the digital currency used by criminals. Furthermore, most headlines keep using the phrase ‘Bitcoin Scam’ further...
