Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Go to Source
Crypto Scams
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CryptoQuant CEO calls for ‘smart regulation,’ community voices doubts
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate. Go to Source
Crypto hacks surge to $2.1B in 2024, CeFi hit hardest — Cyvers
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation. Go to Source
AI deepfake attacks will extend beyond videos and audio: Security firms
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024. Go to Source
FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found. Go to Source
Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days
Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it’s easier to use and stealthier than ever before. Go to Source
AI deepfake crypto scammers ramp up operations in Q2: Gen Digital
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections. Go to Source
Scammers ditch ‘elaborate’ crypto Ponzis for pig butchering: Chainalysis
The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media. Go to Source
Inferno Drainer usage triples as crypto scams soar in 2024
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July. Go to Source
2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement. Go to Source
