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Deposits of Counterfeit APT Tokens Temporarily Shuts Down Aptos Withdrawals on Upbit

During the deposit process of $APT coins on UpBit, there was an oversight in verifying type arguments, causing all transfers to be identified as native APT tokens. Under standard protocols, certain checks should differentiate tokens, but this wasn't the case, user MingMingBBS, co-founder of Tuna_Bot, said to Definalist. Source

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$2 million crypto graphics card counterfeit scheme busted in China

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Several suspects have been apprehended in China for selling used graphics cards as new to crypto miners in a counterfeit operation, reports on July 20 reveal. Their modus operandi involved purchasing relatively new GPUs in bulk from miners, cleaning

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Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key – Bitcoin News

Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.” The researchers at Kaspersky were able to extract the

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Counterfeit NFTs result in marketplace shutdown: Experts weigh in

“Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations.Founded in 2017, Cent kicked off as a “social network and informal platform for creative experimentation.” In 2020, the team also launched an NFT platform called Valuables to mint and auction iconic

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Singapore firm uses blockchain to battle counterfeit COVID-19 jabs

Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma says that its new “eZTracker” management system can help prevent improperly stored or counterfeit vaccines from being used by allowing its clients to instantly verify the

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Russian Counterfeit Cash Ring Busted for Selling 1 Billion Rubles for Crypto

Russian authorities have arrested a group of several dozen individuals who allegedly sold more than 1 billion counterfeit rubles (roughly $13.6 million in nominal value) for crypto assets over the dark web.The Russian Ministry of Internal Affairs has described the scale and scope of the operation as unprecedented.Russian police

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