BNB Chain’s official X account hacked, CZ warns of phishing links

BNB Chain’s official X account hacked, CZ warns of phishing links

SlowMist’s chief security officer said the phishing domains behind BNB Chain’s compromised X account are tied to the notorious Inferno Drainer group. The official X account of the BNB Chain blockchain network, with nearly four million followers, was compromised on Wednesday. Hackers used the account to spread phishing links targeting cryptocurrency wallets.  Binance founder Changpeng…

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Blockchain networks will stop crypto deepfake scams

Blockchain networks will stop crypto deepfake scams

Centralized deepfake detectors are failing against crypto scams. Blockchain-based detection networks offer the only scalable defense against AI fraud. Opinion by: Ken Miyachi, founder of BitMind Centralized deepfake detectors are structurally misaligned, brittle and falling behind. The crypto industry needs a crypto-native defense — decentralized detection networks that reward many independent model providers for catching…

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Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…

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EminiFX founder to pay 8M in Ponzi scheme ruling

EminiFX founder to pay $228M in Ponzi scheme ruling

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi…

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Crypto investor falls victim to phishing scam, loses M with single click

Crypto investor falls victim to phishing scam, loses $3M with single click

Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…

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