Security

MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025

Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity […]

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Coinbase Partners with Irdeto to Fight Crypto-Fuelled Piracy

Coinbase Partners with Irdeto to Fight Crypto-Fuelled Piracy

Major crypto exchange Coinbase has partnered with the digital platform security team Irdeto to, as the partners state, fight against piracy and cybercrime funded by cryptocurrency. Irdeto says that the collaboration will improve its Cyber Services, especially the Payment Disruption service. The team finds and removes threat actors that utilize crypto platforms to fund illicit

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Major Crypto Firms Spending Millions on Personal Security

Major Crypto Firms Spending Millions on Personal Security

Coinbase, Circle, and Robinhood are spending millions to ensure the security of their top executives as crypto becomes mainstream and criminals begin targeting crypto millionaires. The recent wave of kidnappings in France has heightened the interest of crypto holders in personal security options. Crypto Firms Increase Personal Security Spending Amid Kidnapping Wave The cryptocurrency ecosystem

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CZ Shares Urgent Advice as Phishing Threats Target Crypto Users

CZ Shares Urgent Advice as Phishing Threats Target Crypto Users

Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao (CZ) shared on social media platform X on Thursday a detailed set

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Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted

Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted

Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The attackers sought to install a component that would allow them to gain access to the victims’ computers. Zoom/Telegram Hacks: Polygon Founder Describes Modus

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Crypto Space Lost M to Hacks in April 2025, Total Loss YTD Hits Whopping .74B

Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B

Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi. In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this

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DeFi Platform Loopscale Negotiates With .7M Exploit Hacker

DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker

Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale, the on-chain borrowing and lending platform, has offered the hacker behind the exploit of $5.7

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