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A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users. A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in…
Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale. The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold, prompting concerns over national security. In a podcast, Chainalysis head of national security intelligence, Andrew Fierman and former prosecutor Erin…
Security Alliance has developed TLS Attestations to cryptographically verify phishing reports, solving the problem of scammers cloaking malicious content. Cybersecurity nonprofit, Security Alliance, has released a new tool to help security researchers verify crypto phishing attacks, which led to more than $400 million stolen in the first half of this year. On Monday, the Security…
Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more. Over $2.4 billion was stolen in the first half of 2025, already surpassing 2024’s total. Everyday traps such as phishing, toxic approvals and fake “support” cause more damage than…
An investigation has tied the Hyperliquid whale controlling over 100,000 BTC to Garrett Jin, the ex-BitForex CEO whose exchange collapsed amid fraud probes. An onchain investigation by crypto researcher Eye has linked the mysterious Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, a now-defunct exchange embroiled in a…
Discover seven simple, proven habits — strong 2FA, safe signing, hot/cold wallet separation and recovery plans — to block phishing, toxic approvals, fake support and more. Over $2.4 billion was stolen in the first half of 2025, already surpassing 2024’s total. Everyday traps such as phishing, toxic approvals and fake “support” cause more damage than…
Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group. Hackers attempted to infiltrate the account of Binance co-founder Changpeng “CZ” Zhao, signaling potential attacks from state-backed hacker groups, such as the North Korean Lazarus Group. “Government-backed attackers” were attempting to steal Zhao’s Google password, according…
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…
Apple’s new Memory Integrity Enforcement system in iPhone 17 aims to block zero-day exploits targeting crypto wallets and Passkey signing operations. Apple’s latest iPhone 17 introduces a new layer of defense for crypto users with hardware-level memory protections that aim to prevent common attack vectors used to hijack signing operations. At the core of this…
An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends. Update Sept.1, 11:30 pm UTC: This article has been updated to include information from Halborn’s chief information security officer. Last month, crypto user and NFT artist…