ScamSniffer Reports Major Losses from Inferno Drainer Fraud
Blockchain security firm ScamSniffer reported that a cryptocurrency whale lost over $32 million in a transaction tied to the Inferno Drainer scam. A blockchain security company, ScamSniffer, has reported that a cryptocurrency whale incurred a loss of more than $32 million due to a transaction associated with the Inferno Drainer fraud operation. This operation exploits […]
Crypto Trader Nets $554K in 24 Hours as Ethereum Surges
Amid a bullish crypto market, Ethereum saw significant gains in September, defying its typical poor performance. One crypto trader capitalized on this uptrend, earning $554K with a 100% win rate during the surge, benefiting from the market’s positive momentum. Many cryptocurrencies, such as Ethereum, have experienced an uptrend after days of bulls’ dominance in the […]
Swan Bitcoin Sues Ex-Employees for Stealing Trade Secrets to Start Rival Firm
Swan Bitcoin sued six former employees for stealing proprietary code and confidential documents to launch a rival mining firm. Swan filed a lawsuit with a federal court in Los Angeles on September 25, alleging that six of its former employees conspired to “harm Swan’s ability to compete in the market” by stealing what the filing […]
Crypto Founder Allegedly Paid LA Cops to Extort Victim for Crypto, Says FBI
Crypto founder Adam Iza, owner of Zort, allegedly paid Los Angeles deputies $280,000 monthly for access to police data to extort a victim for crypto, according to an FBI affidavit. Federal prosecutors have claimed that the proprietor of a cryptocurrency company was compensating law enforcement officers to gain access to sensitive information and individuals’ whereabouts […]
TapSwap Airdrop Faces Delay, Similar to Pi Network
TapSwap airdrop, originally set for July, has been delayed again to Q3 due to ongoing platform development and talks with tier-1 exchanges. The developers mentioned in a relatively vague X post that they were working on “a plethora of exciting news and announcements,” but they did not specify the date of the airdrop. The most […]