Wash trading has accounted for about 13% of trading volume on decentralized crypto exchanges (DEX) since 2020. Scammers have manipulated more than 20,000 cryptocurrencies worth over $2 billion in three…
Researchers identified 95,111 scam lists related to airdrops on Twitter. The analysis was carried out using an automated AI system. The team of researchers from San Diego State University developed…
Payment system PayPal announced the launch of the PayPal USD (PYUSD) stablecoin. Within a day, the news led to the emergence of approximately 30 copycat tokens, with the trading volume…
Several pools on Curve Finance were hacked, allowing hackers to withdraw more than $47 million from various DeFi projects. Curve DAO (CRV) quotes started to drop. Michael Egorov staged a…
FTX representatives filed a lawsuit against former top executives of the bankrupt crypto exchange and its subsidiary, alleging that they not only misappropriated customer funds but also pulled off one…
According to CoinMarketCap, as of April 6, 2023, there are over 23,000 different cryptocurrencies. More than 70% of them aren’t even worth $0.01. Yet, large centralized crypto exchanges (CEX) like…
Do Kwon, CEO of the blockchain project Terra, was arrested in Montenegro, and shortly after that, the U.S. Attorney’s Office filed fraud charges against him. Extradition is under consideration. Do…
About a third of crypto users in the U.S. said they fell victim to scam schemes involving the theft of digital assets. And about the same number claimed to have…
Blockchain security experts warn that there are “dozens” of scam tokens created using the hype around the ChatGPT chatbot. Analysts at PeckShield reported that they discovered dozens of new tokens…
Since December 2022, cryptojacking activity has increased due to new malware — MortalKombat and Laplas Clipper. Research company Cisco Talos identified two new types of malware, MortalKombat ransomware and Laplas…