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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A disturbing trend has emerged recently, as swindlers have confiscated at least eight Twitter accounts associated with cryptocurrencies. The syndicate has obtained approximately $700,000 by employing intricate phishing maneuvers via compromised accounts. Once gaining control, they promptly
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Blockchain security firm PeckShield recently detected a hack that allowed the exploiter to mint over 1 quadrillion Yearn Tether (yUSDT) from $10,000 in the latest decentralized finance (DeFi) hack. According to the security firm, the hacker then swapped the yUSDT to other stablecoins, allowing them to take hold of $11.6 million
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The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers Often Use Social Media to Defraud Investors The U.S. Securities and
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Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences. 5 Mining Entities in Kazakhstan Get $18 Million in
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CipherTrace, one of the leading crypto cybersecurity firms in the industry, has partnered with the newly formed Anti-Human Trafficking Intelligence Initiative (ATII) to combat human trafficking.Leading the effort is Pamela Clegg, the current director of financial investigations and education at CipherTrace. She will be supplemented by the advisory board of
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