Scams, Hacks & Breaches

1 min read

Hacker Commandeers X Account of Virtual Reality Crypto Project Decentraland, Promotes Fake Airdrop

8 months ago bitnews

Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield. PeckShield says hackers took...

1 min read

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

8 months ago bitnews

The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading...

1 min read

Florida Man Hit With 47 Years in Prison for Break-and-Enter Crypto Scheme As 12 Defendants Sentenced: DOJ

8 months ago bitnews

A 25-year-old man from Florida has received a 47-year prison sentence after being convicted of running a crypto-stealing scheme that...

1 min read

FBI Issues Alert, Warns of Scammers Posing As Crypto Exchange Employees To Steal User Funds

9 months ago bitnews

The U.S. Federal Bureau of Investigation (FBI) issued a warning to crypto traders last week about scammers who steal funds...

1 min read

White Hat Hackers Rewarded $500,000 Bounty After Exploiting Ronin Network

9 months ago bitnews

Hackers are reaping the rewards after exploiting a Ronin (RON) bridge for $10 million in Ethereum (ETH). According to the...

1 min read

‘Comrades in Crime’ – New Research Shows Russian-Speaking Actors Account for Most Ransomware Crypto Attacks

9 months ago bitnews

New research from TRM Labs shows that Russian-speaking actors play the largest role in most crypto-related cybercrimes. According to a...

1 min read

JPMorgan Chase and Wells Fargo Reimburse 4% or Less of All Scams Reported by Customers on Billion-Dollar Payments Network: Report

9 months ago bitnews

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers,...

1 min read

Manhattan District Attorney Charges Man Who Allegedly Used Fake Crypto Recovery Business To Steal From Customers

9 months ago bitnews

A man who operated a purported crypto asset recovery business has been arrested and is now facing criminal charges for...

1 min read

New Bank Scam Boosts Account Balances, Tempts Targets Into Giving Their Money Away: FTC Warning

9 months ago bitnews

A new scam is hitting US bank accounts by starting with an unusual target – people’s photos on social media....

1 min read

Hong Kong Police Arrest Four for Allegedly Using Fake Banknotes To Swindle $1,400,000 in Crypto: Report

10 months ago bitnews

Authorities in Hong Kong have arrested four people for allegedly defrauding victims out of cryptocurrency worth approximately $1.4 million using...