#scams

9:14pm, 4th September, 2023

Crypto is in ‘arms race’ against AI-powered scams: Quantstamp co-founder

Quantstamp's Richard Ma explained that the coming surge in “sophisticated” AI phishing scams could pose an existential threat to crypto organizations.

Terra money website frozen to prevent more phishing scams

4:28am, 22nd August, 2023

Crypto Wiki

Terra money website frozen to prevent more phishing scams

The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.

Thailand threatens Facebook over crypto scams and other fraudulent ads

8:45pm, 21st August, 2023

Crypto Wiki

Thailand threatens Facebook over crypto scams and other fraudulent ads

Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.

FBI warns of phishing scams and social media account hijackers

9:46pm, 5th August, 2023

Crypto Wiki

FBI warns of phishing scams and social media account hijackers

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it.

Binance CEO warns of phishing scams as Uniswap founder gets hacked

8:12am, 21st July, 2023

Crypto Wiki

Binance CEO warns of phishing scams as Uniswap founder gets hacked

The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently.

National Australia Bank joins crypto exchange boycott, cites ‘scams’

3:23am, 17th July, 2023

Crypto Wiki

National Australia Bank joins crypto exchange boycott, cites ‘scams’

National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams.

Ripple CTO warns against XRP scams amid SEC-induced hype

2:29am, 14th July, 2023

Crypto Wiki

Ripple CTO warns against XRP scams amid SEC-induced hype

The XRP price rallied over 70% — bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump XRP witnessed over the past year.

Crypto scams are down 77% — but this exploit is making a huge comeback

10:53am, 12th July, 2023

Crypto Wiki

Crypto scams are down 77% — but this exploit is making a huge comeback

Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.

$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

3:54pm, 30th June, 2023

Crypto Wiki

$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

Approximately $215 million of stolen assets have since been recovered.

Over $204M was lost in Q2 DeFi hacks and scams: Report

1:27pm, 27th June, 2023

Crypto Wiki

Over $204M was lost in Q2 DeFi hacks and scams: Report

More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.