Former President Donald Trump faces a second assassination attempt on September 15. The Republican presidential candidate was playing golf at his West Palm Beach course when this incident took place. The suspect has been arrested and Trump is unharmed. However, this attempt has sent shockwaves to the crypto market causing …
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This malware alters wallet addresses during transactions, leading to financial losses. It swaps the user’s copied wallet address with one controlled by attackers. As a result, funds are sent to the wrong destination without the user realizing it. Binance Highlights Risks of Clipper Malware in Crypto Transactions Since August 27, …
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As the cryptocurrency space is evolving, it has attracted scammers as well. Every month we hear about hacks of crypto exchanges and exploits on various crypto protocols. Apart from these there are other kinds of scams growing rapidly in this ecosystem. One specific kind is the Pig Butchering scam. Federal …
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Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
by Assad Jafriby Assad JafriThe Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,” according to a Sept. 11 press release. According to the agency, these scams have led to billions in losses due to the lack of awareness …
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Investment fraud in the United States hit an all-time high in 2023, with losses skyrocketing to $4.57 billion, with cryptocurrency-related scams emerging as the primary driver. According to U.S. Federal Bureau of Investigation’s latest annual report, crypto was involved in a record 87% of all losses and totaled $3.96 billion. …
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The United States Federal Bureau of Investigation (FBI) has issued a paper alerting the public of “aggressive” attacks from North Korean hackers against the crypto industry and companies associated with digital asset investment products. According to the report, these attacks consist primarily of sophisticated social engineering tactics that even crypto …
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Hackers are getting more and more aggressive towards stealing cryptos. They have stolen over $1.2 Billion in crypto since January. Reports suggest that most of these hacks are related to DPRK. The FBI has issued a Public service announcement on September 3, warning the crypto industry about North Korean hackers. …
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It is noteworthy to mention that three popular hackers alone, have washed 17,800 Ether (approx $42. 7 million) through Tornado Cash in the past three days alone as reported by lookonchain. Tornado Cash is a cryptocurrency mixing service that enables users to obscure transactions; thus, it is a handy instrument …
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Coinbase seems to be the target of North Korean hackers. The Federal Bureau of Investigation (FBI) in its recent Public Service Announcement has warned the crypto ecosystem of DPRK. The report discloses that North Korea is targeting crypto firms. They are famous for performing deep pre-operational research before launching an …
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The recent report by the Federal Bureau of Investigation (FBI) has gathered significant attention from crypto enthusiasts, as North Korean hackers have set their sights on Crypto Exchange Traded Funds (ETFs) issuers. According to a recent report, these hackers have conducted several months of research on various targets linked to …