Sun, November 24

Scammers Trying Hard to Scam Shiba Community!

Shiba Inu’s official Twitter account has recently uploaded a short video. Scammers are already circling the Shiba Inu community. Shiba Inu (SHIB), a decentralized cryptocurrency inspired by Dogecoin, is gaining popularity and recognition. Moreover, scammers are already circling the Shiba Inu community, endangering the project’s long-term survival. Thus, Shiba Inu’s

November 22, 2021 2 mins read

Study Reveals $12 Billion Lost Over Hacks and Scams, Mostly DeFi Users!

DeFi platforms have grown in popularity in recent years. These losses include direct financial losses to Dapps and token holders. According to a recent study by Elliptic, the worldwide leader in crypto asset risk management, billions of dollars have been stolen through decentralized finance (DeFi) protocols. According to Elliptic’s report

November 21, 2021 2 mins read

Multimillion-Dollar Crypto Fraud – Israeli Police Arrest High Profile People

Every one of them raked in millions of shekels. Hogeg is also suspected of sexual offenses. On Thursday, Israel’s police nabbed eight persons heavily suspected of involvement in a cryptocurrency fraud conspiracy. During searches on the houses and offices of the accused, officers from the anti-corruption Lahav 433 unit of

November 21, 2021 2 mins read

Google Ads Phishing Scam Mounted to $500,000 as per New Report

An unwary person searching for “phantom”, sent to a phishing website. They noticed the frauds after hearing from crypto users on Reddit and other sites. The crypto world is dangerous, with crooks waiting for newcomers. Furthermore, a recent report from Check Point Research outlines a powerful attack method: utilizing Google

November 6, 2021 2 mins read

Squid Game’s Exclusive Crypto $SQUID Scammed in Millions

South Korea’s popular series Squid Game launched a crypto token $SQUID. Squid game’s high popularity $SQUID hitted a peak within a week.  Anonymous scammers cheated the investors in millions. Gaming Industry is now growing mature in the market attracting a lot of gamers during the season of pandemic. Besides, many

November 3, 2021 3 mins read

YouTube Channels Are Hacked To Broadcast Cryptocurrency Scams

Crypto scammers hijack famous YouTube channels Channels are rebranded to Crypto exchange firms Large users has been cheated according to Google’s Threat Analysis report Investing in cryptocurrency is a very challenging deal and the highest scope of risk for the users is getting scammed. Phishing scams are rising as the

October 23, 2021 3 mins read

Investors Beware- Victim Suffers ‘Over $100,000’ in Losses Says Delta Police

It doesn’t take long to realize that the new digital money known as cryptocurrency carries danger. And we’re not talking about market volatility. Scams abound online, including bitcoin exchanges. Furthermore, be mindful of the risk of losing your crypto assets while investing in startups and exchange platforms. Experts advise confirming

September 6, 2021 1 min read

Hong Kong Authorities Handcuffs 19 Crypto Scammers

Crypto scamming is the recent talk of the town which targets a large number of users and finds ways to rob the life savings of people. Notably, Crypto frauds have taken a quantum leap in recent months.  Importantly, the Hong Kong Authorities caught 19 international frauds involved in a major

August 21, 2021 2 mins read

USB Stick With ETH Worth $9.5M Seized in a Crypto Scam

British Authorities caught all the international crypto scammers, seizing around $22.25 million. In between the detectives found a USB stick which was very evident among the other items. After the research the UK police found the USB stick contains a huge amount of Ethereum worth $9.5 million. Besides, the police

August 16, 2021 2 mins read

SEC Shutters Mother-Son Duo for Crypto Scam

SEC shutters the Mother-Son duo for Crypto scam. Promised to generate most of the earnings from Bitcoin mining.  Brent Kovar received nearly $353,000 of investors’ funds. Securities and Exchange Commission (SEC) has shuttered a scam that promised to generate most of the earnings from Bitcoin (BTC) mining and invest in

July 20, 2021 2 mins read