You Searched For "rising hacks and frauds in crypto" and got 20 results
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US sting operation catches crypto firms 'wash trading' to boost token values
Federal prosecutors set up a fake company to bust four crypto market makers, who they say artificia…
Kelly Cloonan
Americans are losing more money to crypto scams than ever
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said.
Kenneth Niemeyer
WazirX announced reward of $23 million to recover stolen funds
The offer was open for the hacker who had taken control 0f funds in the first place, provided they…
Crypto losses reach $428 million in Q3 globally, hacks top concern
An analysis of the crypto losses by bug bounty platform Immunefi found that fraud accounts for o…
Online financial crimes on the rise – How to secure your digital world
Online monetary transactions are on the rise every year and as we spend more and more time in the v…
North Korean hackers are getting away with a lot less crypto even as theft attempts rise
Among the 20 hacks by North Korean-affiliated cybercriminals last year, the total amount of crypto …
Yuheng Zhan
A crypto data leak led the FBI to America's most wanted sex trafficking fugitive. Now, the victims want his bitcoins.
Michael Pratt was on the run for three years until a data leak involving crypto wallets he'd bought…
Laura Italiano
Former Amazon engineer pleads guilty to stealing $12.3 million of crypto in first ever hacking case involving smart contracts
A former Amazon engineer pleaded guilty to hacking two crypto exchanges and stealing $12.3 million …
Katherine Tangalakis-Lippert,…
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
A bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake…
Kenneth Niemeyer
Rise of dark AI: Malicious LLMs like FraudGPT, WormGPT the new frontier of online threats! How can we stay safe?
These uncensored versions of everyday AI systems like ChatGPT are re-engineered for criminal activi…
PTI
Crypto DeFi protocols lost $1.4 billion this year but recovered over half of it
Decentralised finance (DeFi) applications have been growing multi-fold this year, and so have the e…
Sam Bankman-Fried is dispensing crypto investment tips to Brooklyn prison guards: NYT
Sam Bankman-Fried was touting investments in the cryptocurrency Solana to prison guards, per The Ne…
Kwan Wei Kevin Tan
Cryptocurrency hacks and fraud are on track for a record number of incidents in 2021, data shows
$19.2 billion has been stolen through breaches and fraud in the last 10 years, said Crypto Head in …
Carla Mozée
Meet Paxos, the startup behind some of Wall Street's biggest crypto offerings from Bank of America, Mastercard, and PayPal
Paxos works with financial giants like Bank of America, Mastercard, and PayPal to provide the back-…
Bianca Chan,Carter Johnson
Crypto scammers have reportedly stolen ₹1000 crore off Indian users by posing as fake exchanges
The CoinEgg scam uses fake domains and social media accounts to coax users into investing in fake e…
Crypto compliance provider TRM Labs is helping top Wall Street firms like JPMorgan wade into digital assets
TRM Labs is seeing increased interest in crypto compliance, fraud detection, and risk-management to…
Carter Johnson,Bianca Chan
Crypto stocks have notched blistering triple-digit rallies this year
Some crypto-linked names have gained over 250% this year, and bitcoin itself has climbed more than …
Phil Rosen
Cyber gangs got away with a record $1.1 billion in crypto ransom payments in 2023
The rise of "ransomware as a service" means less tech skill is required to carry out an attack, Cha…
Yuheng Zhan
How the chief of staff of a $5 billion hedge fund focused on crypto and blockchain is influencing policy and legislation on digital assets
One of Emma Rose Bienvenu's favorite parts of her current role is to help regulators and politician…
Alyson Velati
Bitso's $2 billion rise shows the power of crypto innovation in Latin America
Bitso "paved the way for much of the crypto ecosystem in Latin America," one expert said, and helpe…