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” More than $100M worth of NFTs stolen since 2021 — Elliptic “ Cryptocurrency risk management firm Elliptic has released a report suggesting that scammers stole more than $100 million worth of nonfungible tokens, or NFTs, starting in 2021. In its NFTs and Financial Crime report released on Wednesday, Elliptic said crypto users had been…
” 8 sneaky crypto scams on Twitter right now “ Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part…
” Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ “ According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of 7,000 users claiming to be employees of the world’s largest cryptocurrency exchange on Linkedin are real. The…
“New Jersey man Mark D’Amico involved in homeless vet GoFundMe scam gets 5 years” A New Jersey man who helped fabricate an intricate story about a homeless veteran helping his down-and-out girlfriend in order to collect thousands in GoFundMe donations was sentenced to five years behind bars Friday. Mark D’Amico, of Florence, pleaded guilty in…
“Pirated books thrive on Amazon, authors say web giant ignores fraud” Amazon is getting flooded with counterfeit versions of books, angering customers and authors alike who say the site is doing little to fight the literary fraudsters. Forgeries sold by third parties through Amazon range from e-books to hardcovers and fiction to non-fiction — but…
” US lawmaker calls for Apple and Google to provide info on fake crypto apps “ Senator Sherrod Brown, chair of the Senate Banking Committee, has penned letters to the CEOs of Google’s parent company Alphabet and Apple calling for the tech firms to provide information on the ways they prevent certain apps from promoting…
” Australian regulator trials auto take-down of crypto scam sites “ Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens of scam sites, including crypto scams, knocked offline after more than 300 were reported. The ACCC reported that Australians had…
” FBI issues public warning over fake crypto apps “ The Federal Bureau of Investigation (FBI) has issued a public warning about fraudulent cryptocurrency apps, which have swindled U.S. investors out of an estimated $42.7 million so far. According to an advisory published on July 18 by the securities and intelligence agency, cybercriminals have created…
” BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams “ BNB Chain has launched a new platform, DappBay, to discover new Web3 projects with a novel feature called Red Alarm. The new alarm assesses project risk levels in real time and alerts users of potentially risky decentralized applications (DApps), according…
” ‘Nobody is holding them back’ — North Korean cyber-attack threat rises “ North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages. Former CIA analyst Soo Kim told CNN on July 10 that the process of generating overseas crypto…