Shiba Inu team warns of scams amid new SHEboshi token
The Shiba Inu (SHIB) team has once again alerted its community to the heightened scamming attempts in the wake of the debut of the new SHEboshi token. In a Feb. …
crypto scam
Fake airdrop SMS to KuCoin users stir data leak concerns
Though scammers behind the Inferno Drainer malware announced the closure in 2023, new reports indicate the bad more actors are the targeting KuCoin community. In an X post shared on …
Phishing Attack Swipes $5.1M Worth of BEAM
According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. 180 Million …
Crypto Money Laundering Plummets By 29% In Latest Chainalysis Findings
According to a recent report published by crypto analytics firm Chainalysis, money laundering involving crypto assets has experienced a notable decline compared to the previous year. However, the report highlights …
Scammers pilfered $55m from 40k victims in January alone, data shows
Analysts at Scam Sniffer say bad actors stole $55 million worth of crypto and created over 11,000 phishing websites in January alone. In an X thread on Feb. 9, Scam …
Former bank CEO Charged in $47m crypto embezzlement case
The ex-CEO of Heartland Tri-State Bank in Kansas has been indicted for allegedly diverting $47.1 million from the bank’s reserves into cryptocurrency investments. The Elkhart, Kansas-based institution’s CEO, Shane Hanes, …
Estonian government overrules court block, allows extradition of HashFlare duo
The Estonian government has overruled and approved the extradition of HashFlare founders to the U.S. despite a prior block by the Tallinn court. Estonia has given the green light to …
Web3 urgently needs a paradigm shift in its security approach
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In the past twenty years, the banking …
Crypto Wallets Drained Off $600K Due To Ignored Phishing Attack
On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. …
Pastor Accused Of Defrauding Congregation With $3 Million Crypto Ponzi Scheme
Denver-based internet pastor, Eli Regalado, is at the center of a controversy surrounding an alleged crypto Ponzi scheme involving INDX coin. The self-proclaimed spiritual leader has come under scrutiny as …