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Online fraudsters are impersonating major cryptocurrency firms like Ripple and Binance by creating fake websites and email imposters pretending to provide staking services for XRP.One such website, ripple.com-staking.tech, includes a blog post titled “XRP staking set to debut January 2023 for retail users,” inviting users to “stake” their XRP with
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Hackers hide malware in fake NFT gameA phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with
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An exploit on Magic Eden led to the creation of fake NFTs for the popular ABD and y00ts collections. Magic Eden has said to have resolved the issue for now.On Wednesday, January 4, there was a major exploit reported on the popular NFT marketplace Magic Eden with scammers able to
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Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit.In a Jan. 4 statement, the company said a bug in its newly deployed "activity indexer" for its Snappy Marketplace and Pro Trade
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“We allege the defendants falsely claimed access to valuable blockchain technology and that the imminent sale of the technology would generate investment returns of more than 500,000 times for investors,” said Daniel Gregus, Director of the SEC’s Chicago Regional Office. The money actually went to purchase luxury cars, real estate
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The unresolved issue is allowing unverified NFTs to be added to high-priced collections like Y00ts and ABC. Source
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As the malpractices of the FTX continue to pop up and be uncovered by the prosecution, it turns out the disgraced crypto exchange’s customers were sending money to a fake electronic online shop, which was reportedly opened by Sam Bankman-Fried. In its complaint, filed on Dec. 13, the United States Securities
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Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous
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Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway.Social media platform Twitter serves as the most effective medium to reach the crypto community. As a result, the trend of hacking into
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Password-stealing malware is being spread by hackers through NFT airdrops
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