In the rapidly evolving realm of cryptocurrencies, the Shiba Inu project has captivated a vast and enthusiastic community. However, with this growing interest comes an alarming rise in scams that exploit the very community these investors are part of. As the Shiba Inu ecosystem gains traction, it becomes a target for fraudulent entities seeking to
Threat
In a significant breakthrough, South Korean authorities have successfully traced and recovered 4.8 Bitcoin (BTC) associated with the notorious 2019 hack of the Upbit cryptocurrency exchange. Local news reports, particularly from Yonhap News, have highlighted this milestone as a substantial achievement against the backdrop of pervasive cybercrime. The incident, believed to have been orchestrated by
Cardano (ADA) has garnered significant attention lately, particularly as it managed to climb to an impressive price level of $0.80—a peak not seen in 18 months. This price rally occurred in the backdrop of a broader downturn in the cryptocurrency market, where the global capitalization saw a dip of 1.2%, amounting to $3.22 trillion. Despite
In an unprecedented move, Major Jason Lowery of the U.S. Space Force is seeking to bridge the divide between cryptocurrency and national security. His application to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP) has sparked discussions about the implications of
In a heartbreaking conclusion to a troubling narrative, authorities in Montreal have confirmed the discovery of Kevin Mirshahi’s body, a cryptocurrency influencer who had been missing since June. His remains were unearthed in Île-de-la-Visitation Park, igniting discussions around the alarming realities faced by individuals in the cryptocurrency sector. This tragic event has propelled Montreal’s homicide
In a recent notice issued on November 15, the Hong Kong Monetary Authority (HKMA) has raised a significant red flag regarding the conduct of certain foreign cryptocurrency firms operating within its jurisdiction. These entities are deceitfully marketing themselves as legitimate banks to deceive individuals in Hong Kong and gain their trust. This situation highlights a
The cryptocurrency landscape has long been susceptible to criminal activity, a reality starkly illustrated by the recent high-profile attack on WazirX, one of India’s largest crypto exchanges. The incident, which reportedly led to the theft of over $230 million, has drawn the attention of investigative authorities and analysts alike. Initially occurring four months prior to
As the popularity of cryptocurrencies continues to rise, so does the prevalence of scams targeting unsuspecting users. The Shiba Inu community, a vibrant collective of investors and enthusiasts, has become a prime target for malicious actors looking to exploit the enthusiasm surrounding the meme coin. In response to this growing threat, community leaders and security
In a recent startling event, M2, a prominent cryptocurrency exchange based in the United Arab Emirates, fell victim to a security breach that compromised $13.7 million in digital assets. This incident, which occurred on October 31 at 3:16 A.M., underscores the urgent need for robust security frameworks within the cryptocurrency industry. While M2’s rapid response
The blockchain betting platform Polymarket has emerged as a prominent player in the realm of predictive analytics for elections and other events. However, recent investigations have cast significant doubt on the integrity of its trading volumes, raising questions about the platform’s reliability as an indicator of electoral outcomes. According to a report published by Fortune