🚀 Stay Ahead with AltcoinDaily.co! 🌐 Kraken, a prominent centralized crypto exchange, revealed an unusual but eye-opening scam attempt. A fraudster tried to hijack a client’s account by disguising with a rubber Halloween mask. Digital security is a major concern in crypto, as hackers and scammers continuously look for ways to exploit vulnerabilities. The overall…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The X account of the popular rapper Wiz Khalifa fell into the hands of a hacker on November 3. The compromised account, boasting 35.7 million followers, promoted a new cryptocurrency token named “$WIZ” in a classic pump-and-dump scheme that played on the artist’s brand recognition. Claiming the involvement of…
On chain analyst and investigator, ZachXBT has published new research on a man called “Zopp0,” who ran several scam crypto projects known as SCALE, NTD, TPU, OPSEC that worked to manipulate the market with help of influencer bots. In the leaked messages, Zopp0 was heard mobilizing promoters such as CryptoGodJohn, CryptoKazi, Luke Belmar, and other…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Online scams and security incidents continue to plague the crypto space despite calls for increased awareness by stakeholders. Malicious actors still send out attacks with the intention of defrauding unsuspecting victims of their funds. In October, total losses from scams and hacks total $129 million. Largest Losses Stem from…
In a major coordinated attack on the web3 space, on-chain sleuths discovered a massive supply chain attack on Lottie Player earlier today. According to the LottieFiles team, the attackers managed to plug in bugs into several Lottie Player versions – including 2.05, 2.06, and 2.0.7. Notably, the said versions were uploaded and published on GitHub’s…
On October 30, numerous significant crypto platforms observed an influx of dangerous popups that encouraged users to link their wallets. Information about the unauthorized access originated from a supply chain attack on the widely used Lottie Player animations library. This JavaScript library which is used by popular websites including the ones run by Apple, Spotify,…
In yet another insider trading allegation crypto market is in shock with 300+ million fans YouTuber Jimmy Donaldson, known as MrBeast, has been accused of earning over $23 million through low-cap token promotions and alleged pump-and-dump schemes. On-chain analytics platform OnchainLens shared findings on X, alleging that MrBeast, also known as Jimmy Donaldson, used a…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 On October 24, the Fourth Circuit Appeals Court upheld a ruling denying a homeowner’s insurance claim for a $170,000 loss to a crypto scam. The homeowner, Ali Sedaghatpour, sought coverage from Lemonade Insurance after transferring $170,000 worth of crypto to APYHarvest, a fraudulent investment entity. Sedaghatpour argued that his…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Five individuals have been sentenced for their involvement in a $21.6 million crypto fraud that swindled 40,000 investors. The Austrian court handed down sentences on October 23, marking one of the largest fraud trials in the country’s history. The criminals used schemes such as the EXW Wallet and EXW…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 In a North Carolina court on Thursday, Chirag Tomar was sentenced to five years in prison for his involvement in a crypto scam scheme that swindled victims out of more than $20 million. Tomar and his associates orchestrated an intricate scam by creating fake websites designed to look like…
Earlier this year, around 45% of the crypto asset holdings were lost by a known Indian cryptocurrency exchange as one of its multi-sig wallets came across a scam. After the scam, about 2% of CoinSwitch’s funds got stuck over the platform and now the firm has decided to take legal action in this matter. CoinSwitch…
In the world of crypto, this type of Phishing scams have become very common. Before this, a trader has so far lost around $71 million worth of crypto. A researcher at Microsoft, Thomas Roccia has claimed this scam as a very clean Ledger scam. In August this year, this kind of scam went up by…
October 15, 2024 at 06:20 PM GST updated: October 15, 2024 at 05:17 PM 2 mins read News Hong Kong police dismantle a $46M crypto scam using deepfake AI, arresting 27 suspects across Asia. The syndicate used AI-generated personas to lure victims into fake crypto investments, defrauding millions. Victims believed they were in genuine relationships,…
The post YouTuber MrBeast Accused of Earning $10M from Token Pump-and-Dump Schemes appeared first on Coinpedia Fintech News YouTuber Jimmy Donaldson, known as MrBeast, has been accused of earning over $10 million through low-cap token promotions and alleged pump-and-dump schemes. An investigation by SomaXBT revealed MrBeast’s involvement in projects like SuperFarm ($SUPER) and Polychain Monsters…
October 10, 2024 at 04:55 AM GST updated: October 10, 2024 at 03:26 AM 2 mins read News Binance CEO Richard Teng denies misuse of Launchpool funds and asserts the company’s dedication to fairness and user protection. Last year, Binance prevented $2.4B in fraudulent transactions, demonstrating its commitment to combating global crypto scams. Binance aids…
The UNODC urges Southeast Asia to ban unlicensed virtual asset providers to combat cyber fraud and organized crime. Southeast Asia, especially along the Mekong River over $18-37 billion in losses last year. The United Nations Office on Drugs and Crime (UNODC) has urged Southeast Asian countries to take strong measures against unlicensed virtual asset service…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Recent forfeiture actions by the US Attorney for the District of Columbia have revealed new insights into how North Korean hackers launder stolen cryptocurrency. The US government is now seeking to recover about $2.67 million in crypto linked to two major hacks orchestrated by the Lazarus Group, a hacking…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Toy giant LEGO Group briefly became the target of a crypto scam, with hackers promoting a fake “LEGO Coin” on its homepage. The crypto scam, which promised “secret rewards” to users who bought the non-existent token, was swiftly removed after being discovered by a vigilant LEGO fan, “ZTBricks,” on…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 David Schwartz, Ripple’s Chief Technology Officer (CTO), has recently issued a scam alert that has sent ripples through the crypto community. Schwartz took to his social media account to warn his followers about a new scam targeting individuals in the crypto space. New Scam Posing as a Department in…
The main culprits of this act are Arun Sahu and Alok Sahu, who were operating as recharge persons from Rourkela, Odisha. The investigation revealed that 400 crore INR was stolen in this hack and transferred to different cryptocurrency addresses The Enforcement Directorate of India has unmasked an online scam of $48 million. Reportedly, the scam…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Australian Federal Police (AFP) recently achieved a major breakthrough in their operation against the alleged creator of an encrypted crypto scam messaging app, Ghost. The AFP claimed that organized crime groups used this app. Decoding the Seed Phrase to Access Millions Jay Je Yoon Jung, the alleged mastermind…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 IT security firm Check Point Research has uncovered a crypto wallet-draining app that stole over $70,000 in just five months via Google Play store. Disguised as the well-known WalletConnect protocol, the malicious app tricked users into connecting their crypto wallets, subsequently draining funds using advanced evasion techniques. The fake…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A digital asset fraud has come under the radar of the Commodity Futures Trading Commission (CFTC) involving the deception of a couple of investors. On Friday, the US regulator filed a complaint against five entities: Aipu Limited, Qian Bai, Lan Bai, Fidefx Investments Limited, and Chao Li. They have been charged with fraud…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The largest stablecoin issuer, Tether, has been instrumental in the success that authorities in the United States have achieved with crypto scams. The USDT issuer announced earlier that it assisted the US Department of Justice (DOJ) seize up to $6 million in crypto assets from a Southeast Asia-based crypto-confidence…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The United States authorities have successfully seized over $6 million in cryptocurrency scam schemes operating out of Southeast Asia. The fraudsters targeted U.S. citizens through confidence investment schemes, deceiving victims into believing they were investing in legitimate crypto ventures. The U.S. Attorney’s Office for the District of Columbia announced…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Immunefi, a Web3 security and bug bounty platform, recently revealed that crypto losses due to crypto hacks and scams significantly reduced in the third quarter of 2024. A notable loss of $413 million was recorded during the third quarter. This reduction marks a notable improvement compared to previous quarters….
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Binance, the world’s largest cryptocurrency exchange, has played a pivotal role in aiding Indian authorities to crack down on a significant gaming scam worth $47.6 million. The global cryptocurrency exchange provided crucial data that helped India’s Financial Intelligence Unit (FIU) investigate the Fiewin app, which has been linked to…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A New York resident, William Koo Ichioka, has been hit with a staggering $36 million fine after a federal court found him guilty of a crypto scam. The court ruled that Ichioka promised his victims significant returns but instead used their money to fund his own lavish lifestyle. The…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Banana Gun project, a popular cryptocurrency trading bot that operates primarily on the Ethereum network, is currently facing serious issues. According to posts making rounds on X, users of the Telegram-based trading bot have reportedly lost 563 Ethereum (ETH), equivalent to $1.4 million, to a wallet breach. This…
Tether, has been accused of operating without much transparency touching on the $118 billion reserves. Cyber Capital Founder Justin Bons said that it is a bigger scam than FTX and Bernie Madoff. He highlighted the absence of independent audits that would prove the existence of the company’s reserves. Critics claim it holds USDT without proof,…
Este artículo también está disponible en español. On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar efforts to publicize the memecoin. Related Reading Crypto Hackers’ New…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The U.S. Commodity Futures Trading Commission (CFTC) is stepping up its efforts to fight cryptocurrency fraud by forming partnerships aimed at educating the public on common scams in the digital asset space. The initiative will focus on raising awareness about long-term fraud schemes, such as “pig butchering,” which has…
Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam. This followed a lawsuit against Bimbo Toyin Akinyemi, a Nigerian national accused of the fraud. The court ordered full restitution and penalties, enabling the Attorney…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Authorities in the United Kingdom have charged an electronics shop owner for running an illegal crypto ATM in Chatham, Kent. According to reports, the police executed a search warrant at an electronics store, where several cryptocurrency ATMs were seized, including one prominently displayed for public use. Rahman’s Court Date…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Australian Federal Police (AFP) says Australians reported losing crypto worth AU$180 million (about $122 million) in investment scams in just 12 months. AFP gave the update in a new release published earlier today and noted that victims were likely under age 50. Notably, 60 percent of scam reports…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 US prosecutors have made notable progress in two separate cases involving the notorious “pig butchering” schemes. These fraudulent operations have caused victims loss of millions, but recent victories by the Department of Justice highlight the ongoing efforts to fight such crimes. $5M Seized On August 22, the US District…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Australia’s financial markets regulator, the Australian Securities and Investments Commission (ASIC), has revealed a major crackdown on crypto scams over the past year, dismantling over 600 fraudulent schemes. On August 19, ASIC noted the growing sophistication of crypto fraudsters, who are increasingly leveraging artificial intelligence (AI) to deceive unsuspecting…