Scams News
$34 Million ‘AkuDreams’ NFT Project Locked Permanently by Smart Contract Error
An error in a smart contract has led to NFT project AkuDreams locking up US$34 million worth of Ethereum. The project was hit by an exploit ...
Hacker Exploits DeFi Protocol ‘Zeed’ for $1 Million But Fails to Take the Funds
After the decentralised finance (DeFi) protocol ‘Zeed’ was exploited for US$1 million this week, the hacker destroyed the contra...
AUSTRAC Releases Guide to Detect and Prevent Illicit Crypto Activity
The Australian Transaction Reports and Analysis Centre (AUSTRAC) published two guides this week with hopes of helping Aussies detect and pre...
Commonwealth Bank Issues Scam Alert Over False Crypto Platform Partnership Report
The Commonwealth Bank of Australia (CBA) issued a scam alert this week to notify the public about a false article circulating on social medi...
MetaMask Issues Phishing Attack Security Alert for iPhone Users
Software-based crypto wallet MetaMask has warned its users on Apple devices that their assets may be at risk from an iCloud-related phishing...
ETH Privacy Tool Tornado Cash Starts Blocking Sanctioned Addresses
Tornado Cash is apparently using Chainalysis oracles to block access from US Office of Foreign Assets Control (OFAC) addresses. The blockade...
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...