Phishing Scams Cost Users $12M in August
Phishing scams cost crypto users over $12 million in August, a 72% increase from July, with 15,230 victims; $163 million lost overall due to cyberattacks. #Update #Crypto
Crypto Security
Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
XRP Ledger Launches Game-Changing Update
Ripple’s XRP Ledger introduces a credentials update for compliance, enhancing security and privacy. This aims to attract institutions by aligning with traditional finance standards. #Update #Crypto $XRP
WLFI Blocks Hacking Attempts with Onchain Blacklisting
@WLFI’s onchain blacklisting measures have successfully prevented theft attempts linked to compromised end-users, enhancing security in the DeFi space. #Update #DeFi
SEC Launches Task Force Against Foreign Scams
The SEC launches a Cross-Border Task Force targeting foreign pump-and-dump schemes, aiming to protect U.S. investors from market manipulation. #Breaking #Legal @SECgov
Venus Protocol Recovers $13.5M Stolen Funds
@VenusProtocol successfully recovered $13.5M stolen from user Kuan Sun in a phishing attack, marking a significant victory through collaborative efforts. #Update #Crypto $USDT
Crypto Hackers Steal $2.5B CertiK Warns
CertiK predicts an ongoing “endless war” with crypto hackers after $2.5B has been stolen, highlighting the need for enhanced cybersecurity measures against human vulnerabilities. #Update #Crypto
Crypto Hackers Steal $2.5B CertiK Warns
CertiK co-founder warns of an “endless war” against crypto hackers following over $2.5B stolen, highlighting the need for stronger cybersecurity measures amid human vulnerabilities. #Update #Crypto
Vanilla Drainer Scams $5M in Three Weeks
Draining volume has decreased in 2024, but a new scam service called Vanilla has reportedly stolen $5 million in just three weeks. #Update #Crypto
Coinbase Enhances Security After North Korea Threats
@Coinbase is enhancing security measures following North Korean hackers exploiting its remote work policy, with CEO Brian Armstrong announcing stricter hiring protocols. #Update #Crypto
Crypto Scam: $2.8M Stolen by Imposter Cop
UK police are investigating a scam where a victim lost £2.1 million ($2.8 million) in Bitcoin after a fraudster impersonated a senior officer, exploiting fear and urgency to gain access to their cold wallet. #Breaking #Crypto $BTC
Blockchain Security Localizes to Combat Crypto Crime
Asia’s crypto crime wave has cost over $1.5 billion in H1 2025, highlighting the need for localized blockchain analytics and public-private partnerships to combat unique laundering methods. #Update #Crypto
Ethereum Rally Fuels $103M Hacker Windfall
The $58 million stolen from @RadiantCapital has surged to $103 million as the hacker holds 21,957 $ETH amid rising prices, attributed to broader market growth and institutional accumulation. #Update #Crypto $ETH
Stablecoin Launches Nationwide Crypto Payments in Switzerland
Global grocery chain @Spar is launching cryptocurrency payments in Switzerland, partnering with @Binance and DFX.swiss to accept over 100 cryptocurrencies across 300 stores, enhancing retail crypto adoption. #Update #Crypto $BTC
TikTok Scam Costs Investors $6.9M
A fake hardware wallet purchased on TikTok resulted in a $6.9 million cryptocurrency theft, highlighting new hacker tactics targeting devices intended for secure fund storage. #Breaking #Crypto