?Crypto Scam Alert: Over the weekend, a deepfake live stream of Elon Musk on YouTube scammed users out of $BTC, $ETH, and $DOGE. The stream, watched by 30,000+, promised double returns but was a fraud. #CryptoScam #Update
Bitcoin hits a new all-time high of $73,000 in March 2024, driven by spot Bitcoin ETFs and regulatory changes. The crypto market’s volatility underscores the importance of risk management and diversification. Nearly $4B lost to crypto fraud in 2023. #CryptoNews
? SlowMist’s Yu Xian warns of rising phishing attacks on Telegram, exploiting “Anonymous Telegram Numbers” to breach TON wallets. Enable two-step verification for protection. Fake stablecoin scams targeting $BNB and $BYBIT also reported. #SecurityAlert
MakerDAO delegate loses $11M in $aEthMKR and $PENDLE in a phishing scam. Scam Sniffer flagged the breach, showing the risks to key crypto figures. $300M stolen from 320K users in 2023. #CryptoSecurity
? BtcTurk, a top Turkish crypto exchange, was hacked on June 22. Hackers accessed hot wallets and stole funds from 10+ cryptocurrencies. BtcTurk halted all transactions but assured most assets in cold wallets are safe. #CryptoSecurity
50 Cent (@50cent) revealed his X account and website were hacked to promote a fake cryptocurrency called GUNIT. The scam aimed to exploit his influence for a pump-and-dump scheme, misleading followers and costing investors up to $20M. #CryptoScam
? @Ledger warns crypto users of an “address poisoning” scam. Scammers send small crypto or NFTs to trick users into copying fake wallet addresses, leading to fund losses. Be vigilant and ignore suspicious transactions. #CryptoSafety
The @CFTC is investigating Jump Crypto for its trading activities. Jump Crypto faced a $300M loss in the FTX collapse and donated $10M to the Fairshake PAC. This highlights growing regulatory scrutiny in the crypto sector. #CryptoNews
? 1inch partners with Blockaid to launch 1inch Shield, a new security solution for DeFi. Supported by TRM Labs, it detects fraudulent tokens and monitors for illegal activities. Aims to set a new security standard in crypto, enhancing user trust. #DeFi #CryptoSecurity
Kraken’s Chief Security Officer, Nick Percoco, confirmed the recovery of $3M after @Certik_io exploited a bug to withdraw funds, claiming it as a bug bounty. Kraken denounced it as extortion. The incident highlights the critical need for robust cybersecurity. #CryptoSecurity
Kraken reports a $3M crypto withdrawal by @CertiK’s ethical hackers due to a critical bug, promptly fixed to secure client funds. Dispute arises over delay and compensation demands. Highlights need for clear protocols in #cryptocurrency security. #Update
Kraken’s CSO, Nick Percoco, disclosed a $3M loss due to a funding system bug exploited in June. The issue emerged from a UX change allowing premature crediting of client accounts. #CryptoSecurity #Update
In June 2011, Bitcoin user ‘allinvain’ lost 25,000 BTC ($1.6B today) to a hack, exposing the vulnerabilities of early crypto security. This major theft highlighted the critical need for strong security in the #Crypto world. #Bitcoin
Australian billionaire Andrew Forrest’s lawsuit against @Meta proceeds. U.S. Judge denies Meta’s dismissal motion. Forrest alleges Meta allowed over 1,000 fraudulent crypto ads using his image, bypassing Section 230 defense. Significant implications for digital ad standards. #Update
