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Frosties creators arrested for $1.1 million NFT rug pull scam

The creators of the Frosties project could be looking at over 20 years in prison if they’re found g…

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3 mins read

Victims of the $1.3 million Frosties 'rug pull' are trying to recover their lost crypto by making their own NFT collection

The project runners named the new collection Wrapped Frosties, and are calling on other defrauded i…

Isabelle Lee   


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NFT scammers made off with $1.3 million in solana after a 'rug pull' despite the project creators being vetted

The creators of "Big Daddy Ape Club" NFTs took 9,136 solana from would-be collectors despite being …

Isabelle Lee   


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1 min read

The developers of an NFT collection called Frosties vanished in a potential 'rug pull' after buyers put in $1.3 million

The developers of the Frosties NFT collection have closed down their Twitter, Discord, and website,…

Isabelle Lee   


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The DOJ has charged 2 men over the $1.1 million Frosties NFT 'rug pull' – and alleged they were preparing to pull off another scam

The pair of 20-year-olds, charged with fraud and money laundering, were preparing a second "Embers"…

Hamza Fareed Malik   


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The stunning growth of cryptocurrency markets in 2021 also came with an 80% rise in crypto crimes, new analysis shows

In 2021, crypto-based crimes hit a new all-time high with illicit addresses receiving $14 billion, …

Isabelle Lee   


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OpenSea claims that its hack was never a hack, users fell for phishing scams

OpenSea was hacked, and then it wasn’t. The world’s largest NFT platform has since denied the rumou…

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3 mins read

The first NFT rugpull this year has reportedly cost investors nearly $1.3 million – here’s what that means

We’re less than 15 days into 2022, and the first big non-fungible token (NFT) rug pull has already …

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US stocks jump as investors shake off inflation data showing prices climbing at the quickest pace in 4 decades

Consumer prices jumped 7% year-over-year last month, the highest rate of inflation since 1982 but i…

Isabelle Lee   


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3 mins read

China may not like cryptocurrencies but is pushing blockchain across 164 cities, companies and other entities

China’s government has announced an internal push to speed up blockchain development and innovation…

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4 mins read

Common crypto scams you should know about before diving into the crypto market

Crypto scams can be as simple as phishing and fake websites, or more complex like NFT rug pulls.Cry…

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2 mins read

Logan Paul is being sued for promoting a failed crypto game that asked people to buy NFTs but never launched

A proposed class-action lawsuit alleges YouTuber Logan Paul and CryptoZoo promoted NFTs for sale bu…

George Glover   


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A YouTuber tricked an MMA fighter into sharing allegations that 20 crypto projects he plugged were scams

Coffeezilla uploaded videos showing he offered Dillon Danis $1,000 to unwittingly post allegations …

Lindsay Dodgson   


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US stocks fall after blockbuster January jobs report suggests more hawkish Fed moves ahead

Bond yields soared on Friday after the January jobs report showed payroll gains of 517,000 and the …

Matthew Fox   


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US stocks drop but end the week with strong gains after latest Fed move and mega-cap earnings

With about half of S&P 500 companies having reported fourth-quarter earnings, 70% of those companie…

Matthew Fox   


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4 mins read

Some of the biggest cryptocurrency HODLers are also crypto criminals, finds Chainalysis report

More than 4,000 of the biggest cryptocurrency accounts have gotten their tokens through illicit mea…