Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto theft has hit a record in the first half of 2025. Over $2.1 billion vanished in at least 75 hacks and exploits. That total tops the previous H1 high set in 2022 by about 10% and almost matches every dollar stolen […]
Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust Read More »
In the latest development for the ongoing LIBRA coin legal saga, Argentinian newspaper La Nacion reports that Hayden Mark Davis, CEO of Kelsier Ventures, submitted a voluntary statement last Monday to a federal court in New York. The case centers on a class action lawsuit brought by U.S. investors who suffered losses following the rapid
Telegram shutting down Huione Guarantee, the largest illicit marketplace in history, with over $27 billion in transactions, paradoxically strengthened the dark market as rival platforms experienced a 400% volume surge and quickly absorbed the criminal user base. Following blockchain analytics firm Elliptic’s investigation, Telegram banned thousands of channels and accounts linked to Huione on May
Coinbase customers watched helplessly as a New York con artist, unmasked by blockchain sleuth ZachXBT, siphoned more than $4 million from their wallets and gambled it away. A June 23 X thread from ZachXBT revealed a phone-based support scam that preyed on basic human trust, spotlighting a wider surge in crypto phishing schemes. The tale
ZachXBT Unmasks $4M Coinbase Crypto Scam – Victims’ Wallets Emptied, Funds Gambled Away Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto scams have become more frequent and more sophisticated as the industry grows. Billions of dollars have been taken by malicious actors targeting crypto users, and even those with a technical background have failed to avoid them. Coinbase’s stock price trends to
$4M Coinbase Scam Ends in Designer Splurge and Casino Blowout Read More »
The Australia securities watchdog has imposed a decade-long ban on a former financial adviser who allegedly funneled millions in client funds into a crypto scheme disguised as a fixed-income investment. The Australian Securities and Investments Commission, or ASIC, announced on Thursday that Glenda Maree Rogan is barred from offering financial services or holding any management
Australia Slaps 10-Year Ban on Adviser Over $9.6M Crypto Scam Read More »
Key Takeaways: Paraguay’s President Santiago Peña had his official X account compromised, leading to the spread of a false announcement about Bitcoin. The language and content of the post raised immediate red flags among observers, prompting swift clarification from the Paraguayan government. On-chain analysis showed the attached wallet had minimal funds and no activity, suggesting
Paraguayan President’s X Account Hacked – False Bitcoin Legal Tender Announcement Posted Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Australia’s financial watchdog and federal police are warning that scams using crypto ATMs are draining wallets across the country. Between January 2024 and January 2025, 150 people filed unique reports with ReportCyber about crypto ATM scams, and those losses topped A$3.1 million
Australia Cracks Down Amid Scam Surge Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time
Crypto Investor Loses $2.5M by Copying Same Scam Address Twice Read More »
Key Takeaways: Report links senior Cambodian officials to supporting a massive scam ecosystem powered by forced labor and digital currencies. The alleged network is anchored by the Huione Group, whose platforms facilitate illicit transactions. Cambodia’s scam operations are reportedly spreading beyond major cities into rural provinces. Senior Cambodian government officials are allegedly tied to a
