BNB Chain has restored control of its official X account after a phishing attack briefly misled users with fake reward links. Although limited in scale, the breach is the latest reminder of the growing threat of scams targeting crypto communities. Losses were contained, but the event comes amid a broader rise in phishing-related thefts across the industry.
Valeria Fedyakina, a 24-year-old Russian influencer known online as “Bitmama,” has been sentenced to 7 years in a prison colony after running a major crypto scam that stole over $21 million from investors. Russian prosecutors say some of the stolen funds were used to support Ukraine’s military, a claim that adds a geopolitical twist to this case.
Cryptocurrency and Scams: How fraudsters use AI to trap traders
Coin Metrics conducted a study on attacks against Bitcoin and Ethereum. The result: these cryptocurrencies are immune.
Scammers are stepping up their attacks on MetaMask crypto wallet users. Some are even using official government websites. Aware of the need to protect cryptocurrency investors, MetaMask has reacted quickly. Its security team has implemented sophisticated measures.
In the crypto sector, Ethereum presents itself not as an idyllic asylum, but rather as an unsuspected empire of cybercrime. On this digital stage, an alarming manifestation of crime thrives, the titanic scale of which was recently unveiled by insightful researchers.
Scams, hacks, crackdowns, aggressive regularization… so many stories marring the crypto-sphere. When will these terrible nightmares end? No one has the answer yet. We might as well redouble our vigilance to avoid being fleeced by ill-intentioned project promoters like the scammers behind BALD.
They're in high school, but are already as rich as Croesus. How did they achieve this feat? By using unorthodox techniques such as phishing-based NFT scams. Currently, several million dollars have found their way into their hands. You'll never guess how they're squandering their ill-gotten gains.