Indian Investors Could Have Lost $128 Million to Fake Crypto Exchanges: Report  

Scammers reportedly used fake domains and apps that impersonated legitimate crypto trading platforms to defraud investors.

Chatsight Pivots Its Content Moderation A.I. to Battling Discord Scammers

Scams and phishing attacks continue to plague Web3 developers, costing the industry over $1 billion.

The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected

In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry.

FBI Warns of Cryptocurrency Scammers on LinkedIn

Special agent said “fraudulent activity is significant” on the business-focused social network.

OpenSea Seeks to Introduce New Security Provision

OpenSea is stepping up its game to protect its users as hundreds of non-fungible token (NFT) owners are constantly targeted by scammers.

Scammers Compromise Bored Ape Yacht Club and Otherside Discord Servers, Steal 32 NFTs Worth $259,000: Report

Bad actors have reportedly made off with hundreds of thousands of dollars worth of stolen non-fungible tokens (NFTs) after exploiting the Discord servers of two prominent NFT communities.

Roughly 70% of $1 Billion Lost to Crypto Scammers Since 2021 Was Bitcoin: FTC

The median individual loss reported was about $2,600, but that figure for victims in their 70s was nearly $12,000.

Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen

According to OKHotshot’s investigations, the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager for Yuga Labs. Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack with investors losing over 145 Ether (ETH) or nearly $260,000 at the time of writing.OKHotshot, a blockchain detective and a member of the Crypto Twitter community, alerted crypto investors about the compromise of two official Discord groups linked to BAYC and OtherSide NFTs.BAYC & OtherSide discords got compromised‼️Seems because Community Manager @BorisVagner got his account breached, which let the scammers execute their phishing attack. Ove

Scammers Have Stolen Over $1,000,000,000 in Crypto Assets Since Start of 2021: US Federal Trade Commission

The Federal Trade Commission (FTC) is laying out the scope and methods used by crypto fraudsters to rack up a billion dollars in illicit gains.