South Korean Police Arrest Two Crypto Scammers
South Korean Police have apprehended two crypto scammers who deceived an elderly person out of 5.5 billion won ($4.1 million) by promising lucrative cryptocurrency investments of 1 billion South Korean won within a month. Two individuals, aged 20 and 30, were apprehended by the Haeundae Police Station in Busan, South Korea, on suspicion of deceiving […]
Trezor X Account Under Suspected Hack, Shills Fake Presale Tokens
A series of malicious postings featuring fraudulent presale token offerings on the official X account of hardware wallet manufacturer Trezor are believed to have resulted from a SIM-swap hack. ZachXBT, an independent blockchain investigator, informed his 528,000 followers on X on March 19 of the suspected Trezor breach. Scam Sniffer, a crypto security service, detected […]
Crypto Exchange Four Dragons Reportedly Suffers $100m Hack
According to cryptocurrency exchange Four Dragons, a security system breach led to “significant funds being withdrawn.” The cryptocurrency exchange Four Dragons , based in Kyrgyzstan, declared on its website that it was the target of a hacking assault on February 22. As a result, an undisclosed quantity of cryptocurrency, purportedly valued at approximately $100 million, […]
RiskOnBlast: The First Rug Pull on Blast Layer-2 Ecosystem
RiskOnBlast, a gambling platform on Blast, has disappeared with over $1.25m of investors’ funds, triggering the first rug pull on the layer-2 scaling solution for Ethereum. RiskOnBlast, a gambling platform built on the Blast layer-2 ecosystem, has been linked with the first-ever rug pull on Blast after its funds, website, and social media presence vanished. […]
KyberSwap Faces Security Breach With $2.5M Ether Stolen
KyberSwap, a decentralized exchange (DEX), was recently compromised significantly, resulting in considerable financial losses. In an unexpected turn of events, the perpetrator of the breach transmitted nearly $2.5 million worth of stolen Ether from Arbitrum to the Ethereum network. The aforementioned development has garnered interest from blockchain analytics companies and sparked concerns among cryptocurrency users […]