Binance Founder CZ Confirms Giggle Academy Hack
Changpeng “CZ” Zhao reported hackers compromised Giggle Academy’s X account, posting false announcements and phishing links. Changpeng ‘CZ’ Zhao, the founder of Binance, attempted a hack on the X account of Giggle Academy, an educational firm. CZ warned his followers to be cautious of any misleading information on the account. Hackers’ creation of phishing links […]
Caroline Ellison Begins Prison Sentence for FTX Fraud
Caroline Ellison began serving a 2years sentence on November 7th for her role in the FTX fraud, along with an $11 billion forfeiture. Thursday marked the day that Caroline Ellison, a former chief executive officer of Alameda Research and a key witness in the prosecution against Sam Bankman-Fried, the founder of FTX, reported to a […]
Truth Terminal Creators X Hacked: $600,000 Lost In Scam
The X account of Andy Arey, the creator of the Truth Terminal, was compromised, resulting in memecoin frauds as the scammer promoted scamming cryptos. The Truth Termina l, a well-known AI bot, has been causing a stir in the cryptocurrency market for several days. However, its creator was recently implicated in a memecoin fraud, resulting […]
Trust Wallet Recovers $1M in User Funds
Trust Wallet‘s Customer Support team successfully recovered assets valued at more than $90,000 USD in 2023. Even though blockchain networks are notoriously difficult to breach, cybercriminals continue to devise methods to manipulate users and projects to access their funds. The blockchain analysis firm Chainalysis reports that in 2023 alone, over $1 billion in cryptocurrency was […]
Radiant Capital Hacker Moves $52M in Stolen Funds
A hacker in the Radiant Capital DeFi attack transferred about $52M from Arbitrum and Binance’s BNB Chain to Ethereum. It is probable that the hacker who was responsible for the recent loss from the decentralized finance (DeFi) protocol Radiant Capital has migrated almost all of the stolen funds from layer-2 protocols to Ethereum in an […]