Category : Scams, Hacks & Breaches
Controversial Exchange eXch To Shutter in May Amid Allegations the Project Laundered Crypto Stolen in Bybit Hack
The controversial exchange eXch plans to close its doors in May after facing allegations that it laundered crypto stolen in the record-setting Bybit exploit earlier...
Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained
Ethereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK tokens. The breach,...
Cybercriminals Hijacking Popular Crypto Software To Steal Digital Assets From Wallets: Security Researchers
Security researchers are warning that threat actors are using less noticeable techniques to compromise and steal funds from crypto wallets. Cybersecurity firm ReversingLabs says that...
Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky
The number of Android and iPhone users hit by bank malware is skyrocketing as criminals increasingly shift to mobile devices. In a new report, the...
London Police Team Up With International Law Firm After Elderly Victim Defrauded for $2,580,000
Law enforcement authorities in the city of London are joining forces with an international law firm to help fraud victims recover their stolen assets. In...
Wells Fargo Ordered To Pay $832,000,000 in Damages After Jury Finds Lender Mismanaged and Charged Unauthorized Fees on Trust Fund for 2,000 Children
Wells Fargo is on the hook for hundreds of millions of dollars after a jury in Florida found the bank charged unauthorized fees and mishandled...
New Malware Targeting Banks and Crypto Platforms With Remote Control and Black Screen Overlays Spreads: Report
A new strain of malware has been targeting mobile banking apps and crypto wallets on Android phones. The fraud prevention firm ThreatFabric says the new...
Scammers Hit iPhone and Android Users, Drain Bank Accounts in ‘Astronomical’ Attack Targeting Americans’ Smartphones
Scammers are hitting Americans’ iPhones and Android devices in a widespread campaign to drain bank accounts. The FBI says more than 2,000 complaints have been...
$7,000,000 Up for Grabs As Feds Tell Crypto Fraud Victims To Come Recover Their Money
The US government is asking victims of a recently busted crypto fraud scheme to come forward to collect their lost money. In a press release...
US Consumers Lose $2,088,000,000 to Fraudulent Bank Transfers and Payments, According to FTC
The losses suffered by Americans as a result of fraudulent bank transfers and payments have significantly increased over the past five years, according to government...