Scams

The hacker who stole $11.6 million from Prisma Finance’s decentralized finance (DeFi) protocol has claimed that the exploit was a “whitehat rescue” in on-chain messages. This term refers to hackers who use their skills to find security vulnerabilities in software code. The attacker sent a message six hours after the hack, stating that the intention
0 Comments
Trezor, a well-known hardware wallet manufacturer, recently faced a significant security breach when their official Twitter account was compromised. The attack, suspected to be a result of a SIM swap, led to fraudulent messages being posted on the platform. These messages promoted fake token sales and wallet scams, deceiving users into sending funds to malicious
0 Comments
Binance, one of the largest cryptocurrency exchanges in the world, has recently found itself embroiled in a contentious dispute with Nigerian authorities. This conflict has escalated to the point where two senior executives from Binance were detained in Nigeria due to allegations of manipulating the local fiat currency. Despite acknowledging Nigeria’s “extraordinary potential,” Binance has
0 Comments
Recently, the Securities and Futures Commission (SFC) in Hong Kong issued a warning to the public regarding suspicious websites impersonating licensed crypto exchanges in the city-state. The scam involved websites that tricked users by impersonating the image and branding of well-known exchanges like Hash Blockchain Limited and OSL Digital Securities Limited. This fraudulent activity not
0 Comments
Senator Elizabeth Warren recently expressed her willingness to engage with the crypto industry under the condition that players in the sector adhere to regulatory standards similar to those in traditional finance. In a Bloomberg interview on Feb. 27, Warren highlighted the importance of collaboration with the industry. She raised concerns about the industry’s apparent stance
0 Comments