The co-founder of the cryptocurrency Ponzi scheme AirBit Club, who defrauded investors of over $100 million, has recently been sentenced to a 12-year prison term. Seven months earlier, in March, Pablo Rodriguez, one of the…
Ethereum‘s co-founder, Vitalik Buterin, has been the point of another recent hacking case. The hacking happened over the weekend through the X (formerly Twitter) account of the software developer. With millions of followers on the…
The 2023 year has been interesting for the crypto world, filled with many frauds and phishing attacks. In September alone, several crypto exchanges have been victims of hackers. CoinEX, a major global crypto exchange, is…
Cryptocurrencies have undoubtedly changed the world of finance by providing a secure and decentralized alternative to conventional currencies. Cryptocurrencies operate via a distributed ledger called blockchain; the electronic database is updated with data on every…
Cryptocurrency has taken the financial world by storm, offering new opportunities and challenges. While it holds the promise of high returns, the volatile nature of the market and the potential for fraud are genuine concerns.…
After a turbulent 2022, digital assets like Bitcoin are recovering in 2023, with values up over 80% in the year as of June 30. While this is amazing news, there is more. According to a…
The world of cryptocurrency is a fragile and often volatile one. Due to its volatility, it may go through sharp and sudden changes that may significantly affect investors and crypto traders. Thus, staying current with…
The rapid growth of cryptocurrency in the past few years has opened up the gate for many cryptocurrency scams to exist today. Scammers want your crypto and are desperate to obtain it like they would with…
For the crypto space, although revolutionary and promising, it has not been immune to fraudulent activities. In a recent report, it has come to light that 2022 witnessed an alarming rise in the prevalence of…
Pump-and-dump schemes are common in the cryptocurrency market. Since many rules are unclear and hard for regulators to enforce, some cryptocurrencies are easy targets for scammers and other bad actors. According to Chainalysis, in 2022,…