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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Securities and Exchange Commission (SEC) has warned about a worrying trend in which accounting firms are collaborating with cryptocurrency trading platforms with a track record of scandals and financial collapses within the cryptocurrency sector. Notably, the
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A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that they don’t have airdrops, new mints or anything else planned. In a tweet published on July 24, decentralized game publisher Treasure posted that their
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain security firm PeckShield has detected multiple fake Worldcoin tokens amid the recent launch of OpenAI CEO’s cryptocurrency. PeckShield identified two fake Worldcoin tokens circulating on the Ethereum network. The first demonstrated a staggering 100% price drop,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent phishing attack involving a fake LayerZero airdrop targeting Twitter users has drained multiple crypto wallets. In a recent tweet, the security firm Certik advised users to be careful about any airdrops. They further said that
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied After the recent ruling, XRP price surged 66%, but fake airdrop scams emerged. Ripple CTO has warned users against fraud. Ripple CTO David Schwartz warned that scammers will try to defraud users. He confirmed there will be
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Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees. On July 9, Revoke.cash stated that it had received reports of people seeing unknown approval transactions in their
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Despite changes introduced by Twitter management since Elon Musk’s takeover, the issue around fake followers remains a persistent problem. As many as 10% of the followers of accounts belonging to crypto influencers and companies are fake, new data from dappGambl has revealed.In April 2023, Musk introduced Twitter Blue — an $8
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False rumors have again been spreading over the resignation of United States Securities and Exchange chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part.On July 1, a news story appeared on a website dubbed “thecryptoalert.com” claiming that SEC chair Gary Gensler had “submitted his resignation
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Most organizations the regulator mentions have little or no online presence and, with one exception, aren’t working with any major crypto platforms. Source
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Trezor recorded a similar experience concerning a malicious app in 2021. A fake Trezor app “Trezor Wallet Suite” has appeared in the Apple App Store. The app is a counterfeit version of the advanced crypto hardware wallet and can potentially put users at risk. A Twitter user and partner at The Crypto Lawyers,
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