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0 CommentsEtherscan, CoinGecko, DeFi Pulse, and many other sites displayed a suspicious pop-up asking users to connect their wallets. Initial indications suggest that malicious code via ads on the affected sites is the vector for the phishing attack. Platforms urged users to “not confirm any transactions” that popped up on its website. Crypto data websites Etherscan,…
538 ViewsPakistan’s Federal Investigation Agency (FIA) has uncovered a cryptocurrency investment scam that allegedly cost Pakistani citizens about 17.7 billion rupees (about $100 million). Over the last month, many people in Pakistan complained to the FIA against at least 11 mobile applications which had stopped working over some time and allegedly defrauded their money. The notice…
618 ViewsArbix Finance, a yield-farming protocol that runs on Binance Smart Chain, has reportedly siphoned user funds in what blockchain security firm CertiK labeled a “rug pull” following its incident analysis. The developments follow a recent report issued by Chainalysis, the blockchain analytics firm, revealing over $7.7 billion was stolen in crypto scams worldwide in 2021,…
767 ViewsRecently, some social media posts started to claim that Amazon has begun a “presale” of its own crypto tokens. However, the online retail giant officially called them fake, while an internet security firm Avast said that such messages are part of scams targeted to steal money and harvest personal data. For instance, a Facebook post…
2,067 ViewsOver $7.7 billion was stolen in crypto scams worldwide in 2021, or an 81% rise compared to 2020, the Chainalysis report said. Including rug pulls in the DeFi ecosystem accounted for over $2.8 billion stolen, or 37% of all cryptocurrency scam revenue, compared to 1% the year before. According to a new report by blockchain…
637 ViewsSeems like the numerous cryptocurrency scams have not taught anyone a thing. Moreover, people are falling victim to increasingly more primitive schemes – the criminals don’t even need to invent anything. We decided to figure out what can be learned from the collapse of the Squid token launched in the wake of the Squid Game…
