Exit Scams – DIGIT INFO

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.

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Blockchain security firm freezes $160K stolen in Merlin DEX ‘rugpull’

CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators.

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Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik

According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 […]

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Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information

Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information A survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been deceived. However, about half (50%) […]

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Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash

Since 2011 Hackers Looted More Bitcoin Than Satoshi's Entire Stash Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms. […]

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