Analyst outlines 8 crypto scams on Twitter

Cybersecurity analyst Serpent in a 19-part thread outlined the sophisticated strategies scammers use for the most dastardly crypto scams and s well as non-fungible tokens’ (NFT) currently active on Twitter. The analyst is the creator of Sentinel, artificial intelligence and community-powered crypto scams mitigation solution, and has 253,400 followers on Twitter. Serpent described how scammers […]
Beeple account hack – phishing scam steals $438K in crypto and NFTs

Mike Winkelmann, AKA Beeple, a digital artist and popular non-fungible token (NFT) developer, had his Twitter account hacked on Sunday, May 22 as part of a phishing scam. Users were warned by Harry Denley, a Security Analyst at MetaMask, that Beeple’s tweets at the time, which contained a link to a raffle for a Louis […]
Binance exchange seizes $5.8M from Axie Infinity hackers

Following the US authorities discovery that linked Axie infinity Ronin hack to North Korea Lazarus group hackers, Binance CEO announced that the exchange has seized $5.8M from the hackers. Changpeng “CZ” Zhao, CEO of the Binance cryptocurrency exchange, announced that his team was able to recover $5.8 million from North Korean hackers who stole $600 […]
Beanstalk Farms offers 10% reward plea deal to hackers

On April 18, Beanstalk Farms, a credit-based stablecoin platform that was attacked for about $76 million in crypto, promised a 10% whitehat bounty if the attackers returned the cash. The offer was made public on the company’s Twitter account and conveyed to the attackers the next day via an on-chain message. The exploiters would be […]
Beanstalk Farm Loses $182M To Hackers

An Ethereum-based stablecoin protocol, Beanstalk Farms was hacked with over $182 million reported stolen on Sunday. PeckShield, a blockchain security startup , reported the incident on Twitter, saying the attacker got off with at least $80 million in cryptocurrency, while the protocol’s losses were far larger. As a result of the hack, the market for […]
