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Scams
Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC
The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double his…
DeFi Platforms PancakeSwap and Cream Finance Hit With Simultaneous Domain Attacks
Hackers have hit decentralized finance (DeFi) platforms PancakeSwap (CAKE) and Cream Finance (CREAM) in simultaneous attacks that sought to compromise users’ private keys.
In a tweet posted Monday morning,…
PAID Network Protocol Exploited, Attacker Grabs $3,000,000 in Ethereum
Decentralized finance (DeFi) platform PAID Network Protocol is dealing with the aftermath of an exploit in which the attacker got away with millions of dollars worth of Ethereum (ETH).
Late Friday morning, a…
Google Teams With D-Wave in Massive Quantum Computing Leap, Cracking Simulation Problem
Google and D-Wave Systems say they’ve achieved a new milestone in the world of quantum computing.
In a press release, D-Wave says its quantum device has far outpaced a classical computer in a direct…
Privacy-Centric Coin Verge Suffers Massive Reorganization Attack, Developers Say Funds Are Safe
Pornhub payment option Verge (XVG) is suffering from a brutal attack that allowed malicious actors to orchestrate what appears to be one of the deepest block reorganizations in blockchain history.
Coin…
yearn.finance Reveals Details on Hack That Triggered $11 Million Loss
Decentralized finance (DeFi) yield aggregator yearn.finance (YFI) reveals the details of a hacking incident that caused a total loss of $11 million to the network.
According to Yearn’s vulnerability…
Crypto is booming — here are 5 ways to make sure you don’t get scammed
Crypto is booming. Since its creation in 2008, cryptocurrencies, other crypto assets, and blockchain technology have disrupted the way we think about money and decentralized systems. There’s been growing widespread adoption of the…
Banks (Not Bitcoin) in Australia Laundered $387,000,000 for Latin American Drug Cartels: Report
Australian financial institutions laundered $387 million for Latin American cocaine cartels, according to a new report.
The Australian Financial Review says that the money-laundering web spanned several…
Hacker Successfully Cracks DeFi Platform, Prints 40 Quintillion Coins Before Returning Funds
A hacker successfully cracks decentralized finance (DeFi) platform Cover Protocol en route to printing 40 quintillion COVER tokens and decimating the supply.
In a new Medium blog post, Cover Protocol…
Ledger Issues Update on Data Breach That Leaked Personal Information of 272,000 Customers
The CEO of crypto hardware wallet maker Ledger has posted a letter to hundreds of thousands of customers whose personal information was stolen in a company data breach and subsequently posted online.
Back in…
