FTX Drainer Hacker Suspected of Using SBF Trial as a Smokescreen to Hide Stolen Funds
The hacker responsible for stealing over $400 million from FTX and FTX US in November is suspected of using the trial of Sam Bankman-Fried (SBF), founder of FTX, as a smokescreen to obfuscate the stolen funds. The hacker, known as "FTX Drainer," has been moving millions in Ether obtained from the No ...
Did Binance Accidentally Fuel a Scam? $240,000 Sent to Suspected Phishing Address
"Did Binance Accidentally Facilitate a Scam? $240,000 Sent to Suspected Phishing Address A recent Etherscan transaction, spotlighted by blockchain security firm PeckShield, has revealed that Binance's "Hot Wallet 7" transferred a substantial $240,000 worth of USDC to an address ominously l ...
Blockchain Security Company Exposes New Meme-Token Scams and Blacklists Fraudulent Tokens
Analysts continue the hunt for a ragpuffin gang And hot on the heels of publishing the names of the scam tokens It's important to know to avoid falling into the trap PeckShield, a blockchain security company, has figured out several new scams related ...
Financial Audits in the Cryptocurrency Industry: Bloomberg’s Findings and Challenges
Only 31 out of 60 leading cryptocurrency companies successfully passed external financial audit or confirmed the existence of reserves, according to the Bloomberg research. The study involved representatives from different areas of the crypto industry: cryptocurrency exchange ...
North Korean Hackers Steal $721 Million from Japanese Crypto-Firms in 5 Years
In 5 years, criminals stole $721 million from Japanese crypto-firms This is one-third of all stolen funds Hackers also frequently steal from other neighbors and the United States North Korean hackers are most successful at attacking Japanese crypto-as ...
CertiK Reveals New Details on Merlin DEX Exit Scam
This is a small fraction of the $1.8 million stolen But CertiK will continue to monitor the movement of funds The company will also invest in combating exit scams Blockchain security company CertiK revealed new details about the Merlin DEX story. So f ...
Google Authenticator Update Raises Security Concerns for Cryptocurrency Owners
Cryptocurrencies will be at risk Now one-time codes are device-independent Google announced an update to Google Authenticator for iOS and Android. Users can now synchronize the verification codes generated by the authenticator with all Google accounts and devi ...