Crypto

Failed crypto scammers nominated for 'most incompetent hacker' award

An attempt to hijack several large accounts on X to promote a scam token has ended in failure and earned a nomination for the "Most Incompetent Hacker of the Year" award.
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Exploding Hezbollah pagers have bitcoiners worried, too

After thousands of Hezbollah members were reportedly injured, and some killed, due to exploding pager devices yesterday, bitcoiners have renewed...
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Trump family’s crypto project could raise ethical questions

With only 50 days left until the US presidential election, Donald Trump and his family have officially announced a new crypto project and token, raising questions about potential conflicts of interest.
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North Korea's Lazarus Group has $5M frozen in stablecoins

North Korea's Lazarus Group, one of the biggest criminal groups in the crypto world, has had nearly $5 million frozen by stablecoin issuers following an independent investigation by a blockchain sleuth.
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Pro-Trump bitcoiners in disbelief as candidate touts future with crypto

The Republican US presidential candidate Donald Trump left many of his Bitcoin-supporting followers in disbelief after promoting his family's project that "embraces the future with crypto."
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How to spot a crypto "pig butchering" scam

Another partnership has been announced to combat crypto-related crimes. This time, several US agencies and regulators will join forces to educate people about the so-called "pig butchering" scams.
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Harris wins debate with Trump, sending stocks and bitcoin lower

The first debate between the two frontrunners in the US presidential election, Democrat Kamala Harris and Republican Donald Trump ended with the current Vice President winning. This caused a dip in the stock market and the price of bitcoin (BTC).
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FBI warns of increased losses from crypto scams as crooks deepfake Apple's CEO

Investors are estimated to have lost at least $5.6 billion to crypto scammers last year, a 45% increase compared to 2022, according to the FBI. The latest scam involves a deepfake of Apple’s CEO, Tim Cook, asking people to send him bitcoin (BTC) in exchange for receiving double the amount in return.
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Crypto-friendly Russian laws could become a headache for the West

As Russia prepares to use cryptocurrencies in international trade to circumvent sanctions, this development creates additional counterparty risks for Western companies, blockchain analysis firm Chainalysis has warned.
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Trump family crypto project targets stablecoins as global US dollar protector

While still not revealing many specifics, the Trump family’s yet-to-be-launched crypto project, World Liberty Financial (WLFI), claims it wants to "make crypto and America great."
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Crypto scammers hack Trump family members' X accounts

Even before the launch of a new crypto project by the Trump family, crypto scammers have managed to hack the X accounts of some family members to promote a scam token.
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Crypto hacks exceed $300 million in a single month

Two significant phishing attacks netted hackers a whopping $293 million in August alone, making it the third worst month this year.
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Here’s the most profitable crypto scam, according to new report

Crypto scammers are evolving with the market, seeking new avenues for their crimes, with "pig butchering" reported as the most profitable scam this year.
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Three unpopular opinions about bitcoin on decentralization, usage, and influence

When you look closer, popular bitcoin (BTC) narratives reveal more nuances that raise serious questions about the network.
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TON blockchain suffers outages while Telegram's CEO is released on bail

In a curious coincidence, TON, the star blockchain of 2024, experienced two outages in a single day, while its main supporter, Telegram, saw its CEO, Pavel Durov, charged in France and subsequently released on bail.
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MacOS users warned of crypto stealing malware Cthulhu

A newly discovered malware serves as a reminder to Apple users that they’re not immune to cyber threats.
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Hacks trigger a cascade of problems for altcoins

When a crypto project with its own native token is hacked, it often marks only the beginning of deepening financial troubles.
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Another multimillion-dollar crypto whale falls victim to phishing attack

As phishing attacks continue to rise in the crypto asset industry, yet another crypto whale has lost millions, most likely after being tricked into using a fake website or email and unknowingly giving away sensitive information.
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McDonald's hack unveiled as $700M Grimace meme coin crypto stunt

Crypto scammers on Wednesday hacked into McDonald’s official Instagram account – all to promote a Grimace meme coin – and reportedly made a cool $700 million off the marketing stunt.
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Germany, Malaysia, and China crack down on crypto infrastructure and payments

This week saw several instances of authorities cracking down on what they claim are illegal activities within the bitcoin (BTC) and crypto industries.
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