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Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is drawing comparisons to the Panic of 1907, while Rich Dad Poor Dad author Robert Kiyosaki warned this week of more ‘fake money’ being injected
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Scammers continue to prey on nonfungible token (NFT) users looking to claim Blur token airdrops through the use of numerous scam websites.According to data from TrustCheck, over $300,000 has been stolen from unsuspecting users that have linked wallets to malicious websites. The legitimate Blur platform is a newcomer to the
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NFT wash trading creates a phoney appearance of popularity to
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Some companies behind Tether (USDT) reportedly used fake paperwork and shell companies to get bank accounts after the stablecoin’s then-banking partner, Wells Fargo, halted services for several of Tether’s Taiwanese accounts. A Mar. 3 report from the Wall Street Journal (WSJ) has alleged that Tether, in conjunction with a major Chinese crypto broker,
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Illicit market participants are cashing in on the soaring popularity of ChatGPT by issuing fake tokens on several blockchains. According to reports, no-gooders are taking advantage of the ongoing ChatGPT rave by issuing fake tokens. These malicious market participants have issued fake tokens branded after ChatGPT in the past few weeks. 132 of
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Of over 172 tokens branded after ChatGPT that were issued, over 132 different tokens have been issued on BNB Chain, the most among blockchains. Source
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A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH).The popular conference saw its website duplicated by hackers this week in order to trick users into connecting their MetaMask wallets. According to
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In this week’s newsletter, read about how Yuga Labs settled a lawsuit with one of the creators of a copycat nonfungible token (NFT) collection. Learn how the Bitcoin Ordinals creator fixed the first instance of porn uploaded to the protocol and how YouTuber Coffeezilla tricked MMA fighter Dillon Danis into
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Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.We just tricked Dillon Danis into promoting a fake NFT project. We paid him $1,000 to post, he didn't disclose it was an
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Litecoin (LTC) has rebounded by 130% to almost $100 after bottoming out near $40.50 in June 2022. The primary reasons include broadly improving risk-on sentiment and euphoria around the Litecoin halving in August 2023. However, technicals suggest that LTC may wipe out most of these gains in the coming months.LTC
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