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” British Army’s social media accounts hacked by crypto scammers “ The British Army’s official Twitter, Facebook, and YouTube accounts were breached on July 3 for almost four hours, with scammers promoting rip-off non-fungible token (NFT) collections and cryptocurrency scams. Just after 2PM ET on July 3, the United Kingdom Ministry of Defence (MOD) Press…
“Sketchy TikTok ads push high-interest payday loans” A group of secretive TikTok advertisers are using sketchy tactics to push massive loans that experts say could run afoul of deceptive advertising laws, The Post has learned. Some of the ads tease “almost instant” five-figure deposits despite bad credit, while others appear to imply they are part…
” Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers “ Two QAnon-affiliated conspiracy theorist influencers allegedly caused their followers millions of dollars in losses by running a cryptocurrency pump-and-dump scheme. The pair reportedly persuaded their thousands of followers to invest in a portfolio of cryptos, presenting a misleading mix of conspiratorial and genuine content…
” Chinese court invalidates 2019 car sale made using now worthless crypto token “ Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on a car sale in May 2019 made using digital currency. At the time, the buyer, identified only as…
” Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collection “ Noah Davis, the non-fungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs. Announcing the move on June…
” OpenSea announces new security features to protect users from NFT scams “ One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs). In light of the growing number of NFT scams, OpenSea has announced the launch of a new feature that will automatically hide…
” Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future “ “Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018,…
” Illicit crypto usage as a percent of total usage has fallen: Report “ Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has long held a reputation in some jurisdictions as a haven for…
“New Jersey businessman convicted in fake COVID cleaning scheme” A New Jersey businessman pleaded guilty to selling disinfectant wipes – including to the U.S. government — that he falsely swore could kill off the coronavirus, netting him $2.7 million, prosecutors said. Paul Andrecola, 63, was convicted Thursday on charges he took advantage of more than…
” CertiK shares security tips following third BAYC security compromise in six months “ On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a…