XRP Ledger Foundation Notifies of New Deepfake Scam
A new deepfake scam has emerged targeting XRP holders, as the XRP Ledger Foundation’s forensics team warned. XRP Ledger alerts the public to a deepfake scheme that poses as CEO Brad Garlinghouse and asks them to report scams and stay away from phony giveaways. The foundation has alerted users about a fresh deepfake fraud targeting […]
LastPass Hack Drains $4.4m in One Day
The LastPass hack claimed 25 victims on October 25th, draining $4.4 million from several crypto wallets. Users of the LastPass attack from earlier this year still suffer large losses. On October 25, a security attack in the LastPass password management system caused around $4.4 million to be taken from over 25 victims. For cryptocurrency owners […]
Former Deutsche Bank Exec Admits Role in ‘R3 Crypto Fund’
For his part in the fraudulent cryptocurrency trading operation, Rashawn Russell faces up to 30 years in prison. An ex-investment banker at Deutsche Bank, previously charged earlier this year in connection with a fraudulent cryptocurrency trading scheme, has admitted guilt in committing investment fraud. He potentially faces a maximum prison sentence of 30 years. According […]
Vitalik Buterin: X account hack caused by SIM-swap attack
The co-founder of Ethereum has regained control of his T-Mobile account, verifying that a SIM-swap attack compromised his X account. Vitalik Buterin, the co-founder of Ethereum, has officially verified that the recent breach of his X (Twitter) account resulted from a SIM-swap attack. Buterin made this statement on the decentralized social media platform Farcaster on […]
National Australia Bank Blocks Crypto Exchanges Citing Scams
National Australia Bank (NAB) has blocked certain cryptocurrency exchanges, citing the high risk of scams; however, the bank did not specify the platforms already blocked. National Australia Bank (NAB) announced new anti-fraud measures on July 17 as part of its “bank-wide scam strategy.” In addition to suspending millions of dollars in payments between March and […]