Scams – Page 13 – DIGIT INFO

More than $100M worth of NFTs stolen since 2021 — Elliptic

The firm reported that although the market downturn had caused the value of NFTs to “slump”, scammers stole an estimated 4,647 of the tokens in July 2022.

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Metaverse is a key factor in long-term NFT success, says new research

The report states that global NFT transactions are projected to hit 40 million in the next five years.

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Indian police launch probe into BitConnect founder wanted by US SEC

The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.

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Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ

LinkedIn crypto scams typically start off with unsolicited token listing offers from LinkedIn users claiming to be from reputable crypto exchanges.

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Carbon credit NFTs are only effective if burned, experts say

Environmental concerns plague both the crypto industry and the world at large. However, if used right, blockchain-based assets could offer some relief.

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Brazil Might Approve Its Cryptocurrency Law This Week

This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss […]

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US lawmaker calls for Apple and Google to provide info on fake crypto apps

“Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams.

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Solana and Ethereum smart contract audits, explained

What are smart contract audits, how do they work, and how do they benefit the crypto projects who get their code scrutinized? Let’s find out.

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Australian regulator trials auto take-down of crypto scam sites

The ACCC is using a countermeasures service from the UK-based Netcraft, which has been providing a similar service to the UK’s National Cyber Security Centre.

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Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions […]

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