News About Cybercriminals and Protection Against Cryptocurrency Scammers
The developers of the Revoke app reported a new type of fraud
The developers of Revoke, an app used to manage transactions, have reported a new type of "fake approval" fraud.
Attackers started sending fake tokens to project users. In the Revoke interface, users had to confirm these tokens. A smart coin contract was created with a huge fee to cancel the ...
Mastercard developed a modern AI tool to help banks
International payment system Mastercard has developed an advanced artificial intelligence (AI) tool to help banks prevent payment fraud in real time before any financial transactions take place.
Consumer Fraud Risk, which was announced on July 5, uses multi-year transaction data collected through ...
Police Service of Canada warned the public about cryptocurrency scammers
The Calgary (Canada) Police Service has warned the public about cryptocurrency scammers posing as law enforcement officers and demanding payment in bitcoins.
Cases have been reported in which the perpetrator posed as a family member of the victim who was allegedly detained and then demanded ...
DeFi Poly Network project seriously hacked
On July 2, the DeFi Poly Network project faced a major hack in which an attacker was able to fabricate billions of digital coins on various blockchains.
The hacker used a loophole in the bridge protocol to produce BUSD, BNB and SHIB tokens on several blockchains, such as Ethereum, BNB Chain, ...
Joseph O'Connor sentenced to 5 years in prison for stealing cryptocurrency
On June 23, Briton Joseph O'Connor was sentenced to five years in prison for his role in the theft of nearly $900,000 worth of cryptocurrency. In 2020, he was involved in SIM card spoofing and also hacked into the Twitter accounts of several well-known personalities.
Judge Jed Rakoff was adamant ...
Cryptocurrency community Shiba Inu warned of new fraud method
ShibArmy Scam Alert has warned the cryptocurrency community about a new form of fraud. The expert showed a screenshot showing a phishing email posing as an alert from Metamask. The email said that users had to update their wallet firmware immediately or it would be deactivated.
According to the ...
Binance started exploring its own Web3 wallet
Yee He, co-founder and director of customer experience at Binance, said they have started exploring their own Web3 wallet.
Binance's Web3 wallet is currently in a trial period and continues to integrate various blockchains.
The Binance Wallet SDK tool for Web3 developers was announced in April. ...
Atomic Wallet users had their funds stolen
There have been reports that Atomic Wallet users have had their funds stolen. The wallet team said it was doing its best to verify and assess what happened, and promised to provide more information when it was available. Atomic Wallet staff said those affected could email [email protected] for help. ...
