Battle of the bots: WTF token launch drains 58 ETH
The WTF token airdrop got off to a wild launch. Users reportedly lost thousands of dollars while one bot disappeared with 58 ETH. Go to Source Powered by WPeMatico
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Pakistan to investigate Binance for multi-million dollar crypto scam
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets. Go to Source Powered by WPeMatico
Comedian Stephen Colbert spoofs ‘Colbert Coin’ in response to rise in crypto scams
“We’re busy turning your cash into future money — to the moon, apes!” said the Late Show host. Go to Source Powered by WPeMatico
The worst influencer and celebrity NFT cash grabs of 2021
The floor prices for Logan and Jake Paul’s NFT collections have dropped a hefty 62% and 98%, respectively, since their all-time highs. Go to Source Powered by WPeMatico
New LGBT token aims for equity but raises red flags with community
While sporting a questionable name, the coin project says it wants to enable a “social and ethical” payment method. Go to Source Powered by WPeMatico
Terra’s Mirror protocol warns community against governance attack
The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens. Go to Source Powered by WPeMatico
Beware of sophisticated scams and rug pulls, as thugs target crypto users
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors. Go to Source Powered by WPeMatico
Indian prime minister Modi’s hacked Twitter account attempts BTC scam
Soon after Modi’s Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway. Go to Source Powered by WPeMatico
Scam Education – RHY Blockchain Mining (Cloud Mining Scam)
One of the most common scams in cryptocurrency that’s been going on since Bitcoin’s inception is cloud mining scams. Those scams revolve around the scammers setting up a fictitious website offering paid cloud mining services. The scammers usually go through a great deal of effort to prove their mining operation is legitimate, only to scam … Read more
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal Invest in TRM Platform Crypto transaction monitoring and forensics platform TRM announced Tuesday investments … Read more
