Coinbase has reportedly suffered undisclosed security breaches according to ZachXBT who exposed the exchange's leadership's failure to manage evolving threats.
Hernandez, who pleaded guilty to conspiracy to commit wire fraud, deceived investors into believing Forcount was a legitimate crypto firm.
Chainalysis reported that pump-and-dump schemes and dormant tokens are major issues in the DEX ecosystem.
Hackers exploited Dean Norris’ X account for a crypto scam, photoshopping images and using Cameo clips to fuel credibility.
The attackers compromised Nasdaq's account, linked it to a fake affiliate, and duped investors into buying a phony meme coin.
"Fraudsters can also "hijack" a crypto wallet or connect malware to withdraw funds," one cybersecurity expert claimed.
An FBI sting revealed CLS Global’s wash trading scheme; the firm has been fined $428K and barred from offering services
Huione Guarantee, now "Haowang Guarantee," facilitates $24 billion in transactions.
Traditional phishing is stable, but Telegram scams have surged, exploiting fake bots and groups to spread malware.
Chainalysis found that fraudsters capitalized on AI for sextortion and KYC bypasses in 2024.
