The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
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The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
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Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain.
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Avraham Eisenberg is at it again, following up his exploit of Mango Markets by deploying a new ‘shitcoin’ named Mango Inu to purportedly swipe liquidity from bot traders.
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Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits.
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“Yeah, I could give the money back. It is within my power, but I’m gonna look out for myself and not do that,” said Ice Poseidon when confronted in a video interview.
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Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1.
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Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities.
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