Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom’s team members also lost $3.4 million. Fantom Foundation Falls Victim To Phishing Attack Fantom Foundation is a non-profit organization…
In a significant development revealing the ever-looming threat of cybercrime, the US Department of Justice has recently leveled charges against a Russian hacker for his alleged involvement in a nefarious crypto-ransomware conspiracy targeting critical US infrastructure. The gravity of the situation was highlighted as the DOJ, in a press release dated May 16, announced the…
A DeFi project that launched on Thursday had raised $60 million overnight during its token sale. However, the funds seem to have disappeared, and no one is sure exactly how. On Friday, investors woke up to the shocking news that their funds had disappeared. Around 13,556.36 ETH, which was worth $60 million at the time,…
A scammer who sold people’s personal details on the dark web has been ordered to forfeit $1.12 million worth of Bitcoin. Grant West, also known as “Courvoisier “, gathered sensitive information about individuals using a phishing scam targeting a popular online takeaway ordering service and other well-known British retailers. The investigation and subsequent confiscation is…
According to a post from the official MyEtherWallet’s Twitter account, reports suggest that users of the popular Ethereum network interface have been targeted by a phishing email. The fraudulent correspondence requests users give up personal information that could put their crypto holdings at risk of theft. The email details a supposed security breach that occurred…
Users of the peer-to-peer OTC Bitcoin trading service LocalBitcoins have been targeted by cyber criminals as part of a phishing scam, resulting in the user’s Bitcoin being stolen. Forum users were being redirected to a phishing site, which was prompting the users to input two-factor authentication codes that were used to access user accounts and empty…
In response to increasing security concerns around SMS-based two-factor authentication (2FA) and the prominence of SIM-swapping schemes targeting crypto investors, Google last year released the Titan Security Key. The Titan Security Key enables advanced 2FA without the need to send a text message that could be intercepted by cyber criminals. Google’s Head of Account Security…