Scammers share crypto keys aiming to steal from wannabe thieves: Kaspersky
Kaspersky says scammers are targeting digital thieves — baiting them with keys to loaded-up crypto wallets and swiping any crypto added to pay fees. Go to Source
Theft
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Investigation Into Social Engineering Scam Reveals Alleged Role Of Ronald Spektor In $6.5M Theft
A recent investigation has shed light on a social engineering scam where the perpetrator, known as Ronald Spektor (or Ronaldd), allegedly played a pivotal role in stealing $6.5 million from a single victim last month. The victim, based in the US, reached out on October 7, 2024, after receiving a phone call from a spoofed … Read more
M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago. Go to Source
FBI Warns Investors of Growing Crypto Scams Amid Billion-Dollar Losses
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before vanishing with the money. FBI Warns of Growing Cryptocurrency Scams Amid … Read more
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that … Read more
Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. Go to Source
‘The Quantum Apocalypse is coming’ — decoding Meta’s weird warning
The biggest threat posed by quantum computers may be impossible to defend against. Go to Source
Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%
Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to several internal factors that need to be addressed. Wazirx Launches Phase 1 of INR Withdrawals Indian … Read more
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure … Read more
Wazirx Moves Funds to New Wallets After $230M Crypto Theft
Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $230 million. Wazirx claims that while its own systems remain secure, the custodian’s interface was compromised, prompting this precautionary measure. Wazirx Updates on Cyberattack … Read more