Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto scams hit an all-time high in 2024, with Americans losing a whopping $9.32 billion to digital currency scams, a new FBI report released on Monday showed. The losses are a 66% increase from last year’s and account for over half of […]
Crypto’s Dark Side: $9 Billion In Scam Losses Rock The US In 2024—FBI Read More »
Aikido Security disclosed a vulnerability in the XRP Ledger’s (XRPL) official JavaScript SDK, revealing that multiple compromised versions of the XRPL Node Package Manager (NPM) package were published to the registry starting April 21. The affected versions, v4.2.1 through v4.2.4 and v2.14.2, contained a backdoor capable of exfiltrating private keys, posing a severe risk to
XRP Ledger developer kit compromised with backdoor to steal wallet private keys Read More »
As Bitcoin adoption grows, the base layer is becoming increasingly expensive and more technically challenging. Block space is scarce, and fees are always expected to rise. Onboarding directly into self-custodial Bitcoin also requires unintuitive background knowledge in Bitcoin such as UTXO management, blind signing, monitoring mempool, liquidity management, fee rate calculation, etc. At the same
Are All Bitcoin IOUs Shitcoins? Read More »
Phishing scams targeting crypto users have become more advanced, with attackers abusing Google’s infrastructure to conduct highly convincing attacks. On April 16, Nick Johnson, the founder and lead developer of Ethereum Name Service (ENS), raised concerns over a fresh method cybercriminals use to compromise Gmail accounts and potentially target associated crypto wallets. How phishing attackers
Phishing scammers now exploiting Google’s infrastructure to target crypto users Read More »
Thousands of Nigerians have lost millions to a fraudulent digital asset trading platform, CBEX, which operated as a Ponzi scheme. Early reports from local media outlets placed total investor losses at ₦1.3 trillion (approximately $800 million), with the funds allegedly sitting in a Tron wallet believed to be associated with CBEX. However, CryptoSlate’s analysis suggests
Nigerian investors blindsided by massive CBEX Ponzi scheme Read More »
