MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity … Read more

Major Crypto Firms Spending Millions on Personal Security

Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options. Crypto Firms Increase Personal Security Spending Amid Kidnapping Wave The cryptocurrency ecosystem … Read more

CZ Shares Urgent Advice as Phishing Threats Target Crypto Users

Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao (CZ) shared on social media platform X on Thursday a detailed set … Read more

Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted

Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to the victims’ computers. Zoom/Telegram Hacks: Polygon Founder Describes Modus … Read more

ENS Lead Developer Reveals Flaw Allowing Phishers to Mimic Official Google Alerts

Nick Johnson, a well‑known Ethereum Name Service (ENS) engineer, disclosed a cunning phishing campaign that preyed on weak spots within Google’s backbone, notably a recently patched OAuth flaw. Google’s Guard Down: ENS Engineer Tracks Phishing Exploit The scheme, according to Johnson’s testimony, kicked off with a persuasive email, seemingly dispatched by an official Google alert, … Read more

Kiloex DEX Hacked for $7 Million

Decentralized exchange Kiloex suffered a $7 million exploit. Security firm Cyvers identified a potential price oracle vulnerability as the cause. Kiloex Calls for Blacklisting of Attacker’s Address Kiloex, a decentralized exchange (DEX) on the BNB Smart Chain, confirmed it was the victim of a $7 million digital fund exploit. Blockchain security firm Cyvers said the … Read more

UPCX Assures Users After Unauthorized Transfer of 18.4M Tokens

UPCX, a decentralized payment network, has temporarily suspended deposits and withdrawals due to unauthorized activity in its management accounts. Unauthorized Transfer of Millions in UPC Tokens UPCX, a decentralized payment network, has announced the temporary suspension of deposits and withdrawals following the detection of unauthorized activity involving its management accounts. In an update shared via … Read more