Scams News
2 Million Users’ NFTs at Risk After Security Firm Identifies Flaw in Rarible
Cyber security software firm Check Point Research (CPR) has identified a vulnerability in NFT marketplace Rarible that could have seen any o...
Beanstalk Stablecoin Loses $182 Million in Flash Loan Exploit
An attacker has drained US$182 million from Beanstalk stablecoin protocol in a flash loan attack, the second nine-figure DeFi exploit in jus...
Suspicions Raised as ETH Trader Buys $400,000 in Tokens Before Coinbase Listing
An Ethereum trader bought US$400,000 worth of tokens before being listed on Coinbase, raising suspicions of possible insider trading. The ET...
$APE Drops 20% Following Bored Ape Yacht Club Discord Hack
ApeCoin has dropped 8 percent after the Bored Ape Yacht Club (BAYC) Discord servers suffered a phishing scam. The governance token behind th...
DeFi Lender ‘Inverse Finance’ Exploited for $15.6 Million
Inverse Finance, a decentralised lending protocol built on Ethereum, has lost over US$15 million in the latest multimillion-dollar DeFi hack...
35 NFTs Stolen in Twitter Phishing Attacks Last Week
A Mutant Ape and a Bored Ape were among 35 NFTs stolen last week via a handful of hacked verified Twitter accounts. The combined value of th...
Cybersecurity Uncovers 13 Malicious Wallets that Could Steal Your Crypto
A criminal plot to steal users’ digital assets via apps impersonating popular cryptocurrency wallets has been uncovered in new researc...
Suspicions Raised as $350,000 Bored Ape NFT Sells for Just $115
The owner of a Bored Ape NFT worth US$350,000 sold it for only 115 DAI (US$115) in what appears to be either a costly mistake or some kind o...
Cashio Token Plummets to Zero Amid $28 Million ‘Infinite Mint Glitch’
Cashio, a Solana-based algorithmic stablecoin project, has been exploited for US$52.8 million in an “infinite mint glitch”. Following th...
Crypto Venture Capitalist Loses $1.7 Million in NFT Hot Wallet Phishing Attack
Arthur Cheong, founder of DeFi and Web3-focused crypto venture capitalist firm Defiance Capital, tweeted this week that a hacker had stolen ...
New York State Attorney Convicts ‘Saint Clair’ for Promoting ‘IGObit’ Crypto Scam
In the world of cryptocurrency, we’ve come to expect a fair degree of chicanery, ranging from modernised romance scams to blatant soci...
Australian Consumer Watchdog Sues Meta Over Crypto Scam Ads
The Australian Competition and Consumer Commission (ACCC) has announced it will be suing Meta over the company’s failure to block crypto s...