You Searched For "nft scam" and got 20 results
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1 min read
NFT transactions to reach 40 mn globally in 5 yrs amid scam threats-report
The global number of non-fungible tokens (NFTs) transactions is likely to rise from 24 million in 2…
2 mins read
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…
1 min read
Hackers pulled off a $620 million crypto heist by tricking an engineer into applying for a fake job and opening an offer letter containing spyware, report says
After multiple interview rounds, hackers posing as recruiters sent an Axie Infinity engineer an off…
Hannah Towey
2 mins read
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
2 mins read
Money laundering through NFTs a growing sector: Chainalysis report
According to a report by Blockchain data platform Chainalysis, they found a small but growing po…
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
2 mins read
Seth Green pays $260,000 ransom for a stolen Bored Ape Ethereum NFT meant to feature in his new TV show: report
The actor told BuzzFeed News that Bored Ape #8398 "is home," with transaction documents showing he …
Ryan Hogg
2 mins read
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…
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 …
1 min read
Hackers target bestselling NFT artist Beeple's Twitter account and make off with $438,000 from followers through a phishing scam
"Stay safe out there," the NFT artist told his followers after the targeted scam. Beeple in 2021 so…
Carla Mozée
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…
3 mins read
New iCloud phishing scam could drain users’ MetaMask crypto wallets
Crypto wallet MetaMask is warning its community of users about possible phishing attacks through Ap…
5 mins read
Insider trading, IP theft, fake art and fake profiles — Scammers are taking advantage of NFT platforms’ lack of regulation
As far back as March, there were reports of people impersonating others in order to sell NFTs …
1 min read
Elon Musk says Twitter introducing NFT profile pictures is 'annoying'
"Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot …
Isobel Asher Hamilton
2 mins read
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
2 mins read
BAYC NFT project suffers second hack of the year, this time worth $270,000
The scam, according to OKHotshot’s investigation was a phishing attack, which many users on th…
4 mins read
These NFT courses offer everything you need to know to deep-dive into the world of digital assets
As crypto, NFTs are also gaining traction in the overall global market. Experts say the NFT market …
2 mins read
The boom in NFTs has led to a spike in crime around digital collectibles. Here are 2 of the most rampant schemes, according to Chainalysis.
Chainalysis identified two rampant schemes criminals used in 2021—wash trading and money laundering…
Isabelle Lee
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
1 min read
Former first lady Melania Trump wishes bitcoin a happy 13th birthday with image of the genesis block
Many were surprised with her embrace of digital assets, especially considering husband Donald Trump…