OKX Cryptocurrency Exchange Experiences Temporary Failure, Assures User Funds are Safe

On March 17th, the OKX cryptocurrency exchange experienced a temporary system failure, which was quickly resolved by the technical team. The platform's security experts explained on Twitter that the issue was caused by intermittent server problems, but they were able to restore the platform's fun ...

San Antonio Couple Arrested for Stealing $250,000 Worth of Crypto Assets

This is a disturbing case of SIM card fraud and theft of cryptocurrency assets by a couple in San Antonio. Andrew Trujillo and Zena Dounson were able to steal at least $250,000 worth of cryptocurrency using a SIM spoofing scheme. They copied SIM card data and forwarded short messages to custom ...

Positive Outlook for The Graph and Ocean Protocol AI Tokens

The forthcoming weeks hold potential for a significant surge in the value of certain AI tokens, namely The Graph (GRT) and Ocean Protocol (OCEAN). According to recent reports from BeInCrypto, the positive momentum of these AI tokens has been spurred by the recent announcement of the upgraded GPT- ...

Founders and key employees of FTX received $3.2 billion in payments and loans

It seems that FTX, a cryptocurrency exchange, has been involved in a scandal in which its founders and key employees received large sums of money, mostly from a subsidiary of Alameda Research. The total amount received was $3.2 billion, with $2.2 billion going to FTX creator Sam Bankman-Fried. ...

FBI Reports Alarming Rise in Crypto Fraud Cases, Totaling $2.57 Billion in 2022

According to the FBI Internet Crime Report 2022, cryptocurrency fraud cases have seen a significant increase of 183% from the previous year, reaching a total of $2.57 billion. This is a sharp rise from the $907 million reported in 2021. The data was collected from the Internet Crime Complaints Ce ...

Shiba Inu’s March Forecast: On-Chain Metrics Signal Gloomy Prospects

Shiba Inu (SHIB) Falls 33% In February And It's Not Over In February, the Shiba Inu cryptocurrency experienced a significant decline of 33%, leaving it in the red zone. Unfortunately, the outlook for March isn't much better, as on-chain metrics suggest that the influx o ...

Brazilian Footballers Fall for Crypto Scam, Sue for Refund

Two Brazilian football players were lured into a crypto scam promising a monthly income of 5%. In May of last year, Mayke of Palmeiras Football Club and Gustavo Scarpa of Nottingham Forest invested around R$11 million ($2 million) in WLJC, a company claiming to provide consulting services and inv ...

Scammers Impersonate Ripple CEO Brad Garlinghouse to Promote Fake Cryptocurrency Giveaway on Twitter

The official account of a well-known Indian news channel, News 24, with a substantial following of 1.3 million on Twitter, was hacked by unknown individuals who posted a fraudulent message about distributing 100,000,000 XRP coins. According to the fake tweet posted by the hackers, Ripple CEO Brad ...

Silicon Valley Bank CEO and CFO face class-action lawsuit over alleged abuse of power

The CEO and CFO of Silicon Valley Bank, Greg Becker and Daniel Beck, respectively, are facing legal action from shareholders who allege abuse of power. The group of shareholders filed a class-action lawsuit against the bank and its top executives in a federal court in California. According to ...

Euler Finance DeFi Protocol Hacked, User Receives Additional Coins from Hacker

One Euler Finance user has a fascinating story to tell following the recent hack of the DeFi protocol. After losing all of his life savings, the user sent a message to the hacker to express his frustration. To his surprise, the hacker returned his funds. According to the user's transaction rec ...