Scams News
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...
Fantasm Finance DeFi Project Exploited for $2.6 Million
This week’s attack on Fantom Network-based synthetic asset protocol Fantasm Finance saw the loss of US$2.6 million worth of Ethereum. ...
Suspicious Code Detected in ETH Smart Contract Putting NFT Projects at Risk
According to the famous DeFi detective who goes by “Zahcxbt” on Twitter, 31 NFT projects may be at risk due to what he calls “suspicio...
US Siblings Charged With $124 Million ‘Ormeus Coin’ Fraud
The US Securities and Exchange Commission (SEC) this week charged John and Tina Barksdale for running a cryptocurrency scam called “Or...
Crypto Twitter Outraged by Tai Lopez’s NFT Collection, Described as ‘Ridiculous Cash Grab’
Entrepreneur, investor and internet personality Tai Lopez has come under fire this week over his latest NFT collection, which is accompanied...
Ukraine Update: Over $56 Million in Donations, Airdrop Cancelled and Scams Aplenty
Over US$56 million in crypto donations have now been sent to support Ukraine in its ongoing conflict with Russia. This milestone comes amid ...
Users Left Fuming After $70 Million Pixelmon NFT ‘Rug’
Non-fungible token (NFT) project Pixelmon has gravely disappointed investors who pooled US$70 million after releasing NFTs nowhere near the ...
Chainalysis Reveals ‘Criminal Whales’ Hold $25 Billion in Digital Assets
A new Chainalysis report has revealed that a total of 4,068 “criminal whales” across the globe are holding US$25 billion in digi...
Mintable Recovers NFTs Stolen in OpenSea Exploit
NFT marketplace Mintable has recovered three NFTs that were stolen in a recent phishing attack on the OpenSea platform. The company is now l...