Not long ago, New Zealand’s biggest stock exchange NZX Ltd. was subjected to a massive cyber-attack. The problem was first noted by the traders when the stock exchange started to slow down. Gradually, it started to crash so often that it seemed impossible to post any new marketing announcement. Within an hour, the news spread […]
The notorious hacking group Dark side went silent a few days after the Gas Pipeline incident took place. Last month hackers took possession of the pipeline and demanded exertion payments in the form of cryptocurrencies. At the time of the incident, the US authorities were not prepared for dealing with the cyber-attack, and they had […]
Lazarus is a hacking group considered to be backed by the State of North Korea. It seems that a series of hacking attempts from 2018 to 2020 targeting digital wallets belonging to exchanges and their employees can be traced backed to Lazarus. Reports compiled by cybersecurity organization ClearSky indicate that the notorious hacking group might […]
Spain is no stranger to financial issues and legal troubles. However, a new epidemic of crypto-related scams has started to pile up in the courtrooms of Spain. The local newspapers of Spain claim that the regional tribunals are faced with settling and trying cryptocurrency scams consisting of Bitcoin and Ethereum. The reports claim that these […]
Steve Wozniak is the lesser-known co-founder of the multibillion-dollar tech company Apple Inc. A few days ago, a questionable private channel on YouTube created a video that used Wozniak’s image and video clips for conducting a crypto scam. The video showed endorsements by the Apple co-founder about how he is calling out for sending digital […]
As reported by the Straits Times, cryptocurrency crimes have increased exponentially since 2018. As per careful estimates, the crypto criminals have been able to rake in about $29 million since the last three years. As per the data by the law enforcement agency, about 400 unique complaints were launched by the citizens during the last […]
Carl Pei is co-founder of the electronics company OnePlus. The Chinese native entrepreneur left the board of OnePlus last year to start working on a new venture called ‘Nothing.’ A group of rogue hackers took hold of his Twitter account recently and invited his followers to take part in a fake ICO arranged to vie […]
Not all scam stories have a sad ending. One such example is the sentencing and trial of hacker Justin Sean Johnson. The 30-year-old cybercriminal hacked into the database server of the University of Pittsburg Medical Center or UPMC. The UPMC is the biggest health care services facilitator in Pennsylvania. Johnson got the chance to breach […]
As reported by Maldirect, a group of Russian hackers has launched a hack attack on the Health and Safety Executive Organization. Commonly known as HSE, the government agency provides medical facilities to patients. The attack resulted in temporarily shutting down the database server from where the hackers managed to extract a huge amount of information. […]
Jay Mazini is a popular Instagram influencer whose net worth is predicted around $35 million. He has been arrested by the police recently. According to sources, the influencer, also known as Jibara Igbara, has been using his huge follower list to commit cybercrimes and cryptocurrency frauds. Legal authorities have told the media that Igbara was […]
Scam artists are some of the most deceiving people by nature. Like many other scam artists, these cybercriminals rely on primitive tools to fool others and make money. One such scamming group is targeting Trust Wallet and MetaMask consumers on social media platforms. Both these applications allow users to create a digital wallet on their […]
Hotbit is a crypto exchange platform launched in January 2018. The exchange shut down all its operations last week after a group of professional hackers launched a cyber-attack on consumers’ digital wallets. The platform boasts about 2 million active users from 210 countries around the globe. The hack attack disabled the use of some basic […]
When personalities like Mark Zuckerberg, Elon Musk, Jack Ma, Michael Saylor, Jack Dorsey, Mark Cuban, and others give public endorsements for a particular cryptocurrency, it results in generating massive investors’ interest and cash inflow. However, some scam artists use fabricated endorsements to lure in unsuspecting victims. Crypto investors, just like any average person, are also […]
An ICO or initial coin offering is equivalent to an IPO (initial public offering), a fundraising method for crypto-centric startups. As many new cryptocurrencies are being introduced every day, ICOs have also increased alongside. It is difficult for new investors and traders to ascertain what tech projects they should be supporting. For the most part, […]
The NFTs or non-fungible tokens are digital files that are stored on the blockchain ecosystem with an encrypted certification that cannot be copied. After Beeple sold an NFT masterpiece on Christie’s auction for $60 million, the NFT craze caught fire in the crypto-verse. Following Beeple, many musicians, artists, and meme-makers turned websites like Rarible and […]
Claim Justice Review The internet has become synonymous with scams. Everyone knows it is immensely useful and can add a lot of value to their life, but they also know that it is a risky place where you can get defrauded and scammed in different ways. There are literally hundreds of different types of scams […]
The cryptocurrencies have started to march in the front lines alongside stock markets, Forex, and other trade commodities. However, this current rise has also given rise to many intricate types of cryptocurrency scams. A huge number of these scams are targeted towards the crypto communities present on social media. Scammers took to these communities because […]
The crypto scams are not something that is fooling the commoners and unsuspecting users only. These scams have grown so complicated and advanced that they have started to affect the professionals of the industry. One such scam was recently noted on the MetaMask- a digital wallet service provider platform. It seems that scammers are using […]
The popularity of Bitcoin and other cryptocurrencies has made people susceptible to get rich quick schemes. However, some other types of scammers are not afraid to take advantage of the vulnerability of the old people and go to the extent of psychologically manipulating their victims. FBI and the Cuyahoga County Scam Squad in Cleveland are […]
Most crypto scams are introduced into the market with hackers who write malware codes and sell Trojan applications in the underground markets. However, the Simple Cool Automatic Money, a relatively new cryptocurrency with a market cap of $70 million, has a very different story. The cryptocurrency was introduced by a TikTok user who goes by […]
