In a concerning revelation, the Web3 anti-scam platform Scam Sniffer has reported a surge in sophisticated Solana wallet-draining scams, resulting in losses exceeding $4 million within the past month. In a recent X post, the platform shed light on the alarming trend that has seen over four thousand users falling victim to a widespread phishing […]
Scam
Scam Alert: Mangofarm On Solana Blockchain Tied To Banana Miner Ponzi Scheme
As suspicions arise regarding a potential connection between the Mangofarm project, operating within the Solana blockchain, and the shadowy figure behind the widely condemned Banana Miner Ponzi scheme, the cryptocurrency realm faces fresh turmoil. This alarming association has rattled investors’ confidence and raised substantial concerns within the digital currency community. Anxiety gripped users on the […]
Crypto Scam Alert: Singapore PM Warns Against Deepfake Fraud
In a recent development, Singapore’s Prime Minister, Lee Hsien Loong, has warned the public about a new wave of cyber fraud exploiting deepfake technology. Through a recent announcement on Facebook, he highlighted the emergence of manipulated videos deploying artificial intelligence to falsely portray him as endorsing cryptocurrency scams. This disturbing development emphasizes the evolving sophistication […]
Monero’s CCS Wallet Exploited: Monerujo Wallet Feature At The Center Of Mystery Hack
In a shocking twist of events, the decentralized community-powered Monero project has unveiled a breach in its Community Crowdfunding System’s (CCS) wallet that occurred on September 1, 2023. The assailant executed nine transactions, siphoning the entire balance, totaling 2,675.73 XMR, equivalent to a staggering $460,000. Renowned Chinese crypto journalist Colin Wu, took to his official […]
Fake Ledger Live App Scam Nets Thief Almost $600,000 In Bitcoin
In a recent high-profile cryptocurrency theft, a sum nearing $600,000 in Bitcoin (BTC) was unlawfully obtained from unwitting users who fell prey to a deceitful Ledger Live application, fraudulently presented on Microsoft’s app store. This revelation has been brought to light through the diligent efforts of cryptocurrency sleuth ZachXBT, as detailed in a recent post […]
Scammers Shift Focus To Traditional Banking Targets Amid Crypto Downturn: Report
As the crypto market experiences a prolonged downturn, the prevalence of cryptocurrency-related scams has dwindled, leaving behind a more discerning investor base committed to due diligence. This shift in dynamics has prompted scammers in Ireland to pivot towards targeting traditional banking customers, a trend that has raised alarms among authorities. According to a recent report […]
Binance Assists Thai Police In Bust of $277 Million Crypto Scam
In a remarkable collaborative effort to combat cybercrime, Binance, the world’s leading cryptocurrency exchange, has joined forces with the Cyber Crime Investigation Bureau (CCIB) of the Royal Thai Police to crack down on criminal networks using digital assets for illicit activities. The joint operation has arrested five key members of a vast criminal organization responsible […]
Binance Turkey Alert Users Of An Ongoing Scam Attempt
Binance’s ever-growing popularity comes with its downside. The world’s biggest crypto exchange is now facing another battle. No, it is not the regulators, but scammers and fraudsters that are giving the firm a hard time. Taking advantage of the platform’s expanding fan base, unknown criminals attempted to exploit investors using fake Binance-branded billboards and hoardings […]
Beware! Scammers hacked an Indian Website with a Fake Azuki NFT Airdrop
Twitter scammers are on a hunting spree for verified accounts. This time it targeted the official Twitter handle of India’s University Grants Commission [UGC] on 10th April. The account which has around 2,96,000 followers was briefly compromised when unidentified hacker/s took control and posted a series of tweets tagging numerous unknown persons across the world. […]
User s27 Lost His Bubble Gum BAYC NFT Worth $570,000 to a Scammer
Unknown BAYC NFT owner “s27” recently lost around $570,000 in NFTs. This was after he swapped his BAYC NFT and two Mutant Ape Yacht Club (MAYC) tokens for counterfeit NFTs that were cleverly disguised as real. A “bubble gum ape” was among the NFTs that went missing. The user claimed to have completed the swap via […]