Crypto Honeypot Scams and How to Avoid Them
Honeypot scams are one of the most common methods used by bad actors. It allows them to siphon off small amounts of crypto from multiple unsuspecting...
Tagged: cryptocurrency scams
Why Law Enforcement Struggles to Curb Crypto Fraud
Agence France-Presse 21 October 2022 | 11:00 PARIS, France — Under the headline “Fraudsters in Paris,” a netizen known as ZachXBT published a blog in August...
Detect fake crypto projects and pump-and-dump schemes
Of this, more than $2.8 billion was lost to “rug pulls” or “pump and dump” schemes, which account for the lion’s share of the total illicit...
Ronin Hackers Moved $625 Million Of Stolen Cryptocurrency To Bitcoin Network Through Sanctioned Mixers
North Korean hacker group Lazarus, which stole $625 million worth of cryptos from Axie Infinity, allegedly used the Ren Bridge protocol and sanctioned cryptomixers Blender and...
How to protect crypto hot wallets from hackers
No one likes to lose their hard-earned money from their cryptocurrency investments, but some unforeseen events manage to wipe investors’ fortunes from their trading wallets. One...
Crypto Romance Scam: ‘Asian Women’ On Twitter Are Coming For Your ‘Crypto Wallets’
Twenty-eight-year-old Nikhil (name changed), a crypto investor based out of Pune, jumped on several dating apps but had no luck. But one night this year, he...