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Blockaid scanned over 180 million transactions of Backpack’s users between June and September, detecting more than 71,000 malicious activities on the Solana network. Go to Source
Bitget chief operating officer Vugar Usi Zade argued that products should be intuitive, as security matters should be the responsibility of crypto platforms. Go to Source
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads, they revealed the sophisticated use of deepfake technology and digital media expertise to deceive victims across Asia. Massive Fraud Syndicate Busted: Deepfake Romance Scams, … Read more
Phishing attacks are a growing concern in the crypto industry, accounting for over $46 million worth of cryptocurrency stolen during September. Go to Source
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Go to Source
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate. Go to Source
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation. Go to Source
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024. Go to Source
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found. Go to Source
Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it’s easier to use and stealthier than ever before. Go to Source
