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Crypto

Solana falls foul of crypto heist, losing millions

More than 8,000 wallets containing the Solana cryptocurrency have been hacked to the tune of millions of dollars in losses, and that number continues to rise at time of writing, according to social media reports.
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Doge community follow crumbs to uncover a Ponzi scheme

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Unusual transactions on the Dogecoin blockchain led the community to a discovery of an alleged Ponzi scheme.
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Twitter crypto fans lured by Tron student scam

A cryptocurrency scam targeting the gullible and greedy on Twitter has been busted wide open by a concerned user of the social media platform.
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Tiffany & Co. announces CryptoPunk NFT collection

A staple of American luxury, digitized. Tiffany & Co. is launching a collection of 250 non-fungible tokens (NFTs), each valued at 30 ethereum – or $50,000.
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NFTs explained: from easy money to environmental disaster

The hype around NFTs is going down but they are here to stay. No way would anyone abandon such an easy way to make money.
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DeFi platforms targeted by malware group

Decentralized finance exchanges in Europe are being targeted by a threat group using data-stealing malware, according to research published by Proofpoint.
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Crypto scammer faces life in prison for $6m fraud

A New York man has been convicted of defrauding investors out of $6 million after he sold them a cryptocurrency that he falsely claimed was backed by gold and other valuable assets.
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Dubai to support over 40k jobs in the metaverse

Dubai launched its metaverse strategy to turn the city into one of the world’s top 10 metaverse economies.
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Fake crypto apps defraud investors to the tune of $42.7m

More than two hundred victims have been scammed out of millions of dollars by fraudulent apps offering bogus investment schemes in cryptocurrency, the FBI has warned.
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Malicious hackers steal $375k from a popular NFT platform

Crooks reportedly stole $375,000 worth of non-fungible tokens (NFTs) from Premint, making it one of the largest NFT hacks this year.
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World’s largest NFT marketplace cuts 20% of its staff

Non-fungible token (NFT) marketplace OpenSea has fired 20% of its workforce to reduce costs.
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Experts call blockchain “technological fraud”

Is this the end for blockchain as 1500 experts send US Congress an appeal to be vigilant about the technology?
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How 7k DOGE ended up in limbo for almost two weeks

An accidental transfer of over 7,000 Dogecoins (DOGE) proved to be a major headache both for the sender and receiver of the popular cryptocurrency.
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NFTs may one day rival trad art – as a vehicle for money laundering

It looks as though NFTs are here to stay, but legal experts are warning that blind spots in legislation could make them an attractive option for criminals who want to clean their cash.
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North Korea suspected to be behind the $100m Harmony hack

Lazarus Group hackers were likely responsible for stealing $100m worth of crypto via Harmony's Horizon bridge. The same group stole $620 million worth of crypto from the Ronin exchange in March.
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No monkey business: artist sued for appropriating Bored Ape NFTs

Yuga Labs filed a lawsuit against conceptual artist Ryder Ripps, accusing him of selling knock-off versions of its Bored Ape Yacht Club non-fungible tokens. The artist says this is an attempt to silence him.
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QAnon cryptocurrency scam defrauds victims of millions

QAnon-affiliated Telegram channels were reportedly used to swindle followers out of millions of dollars via cryptocurrency scams.
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Coinbase to fire 1,100 employees amid crypto crash

Cryptocurrency exchange platform Coinbase will slash approximately 18% of its global workforce.
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Chinese threat actors go after iOS and Android web3 wallets

Believed to be the most sophisticated actor targeting web3 users, SeaFlower drains funds from Coinbase, MetaMask, TokenPocket, and imToken crypto wallets.
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North Korean renegade to release NFTs

An artist who defected from the pariah state and dreams of the peaceful reunification of the two Koreas is launching his own line of digital art tokens on May 29.
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