The UK-based supermarket giant Tesco has had its Twitter account compromised by hackers. Almost mirroring an attack last year, those behind it have attempted to scam Bitcoin from the store’s customers. Tesco appears to have now regained control of its Twitter account. The hackers attempts to earn Bitcoin from the supermarket’s customers appear to have…
Six people have been arrested in Europe in relation to the theft of almost $28 million worth of crypto assets. There are thought to be around 4,000 victims of the scam. Those arrested hail from both the United Kingdom and the Netherlands. They were detained earlier today on suspicion of their involvement with the crypto…
The inventor of the reality television programme “Big Brother”, John de Mol, has sued Facebook over its negligence in policing the advertisements it allows on its platform. The Dutch billionaire has been the face of a fake advertising campaign for a Bitcoin investment platform. De Mol is not the only celebrity to have had his…
According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent from over 3,100 unique Bitcoin addresses. The scam was first reported in 2017. However, the popularity of the…
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…
Privacy-focused, stable-coin-of-sorts crypto, the Haven Protocol (XHV), appears to have been disbanded. According to Tweets from those involved in the project, one of the lead developers has disappeared with the only access to the code repository, halting development for months. The news broke via the project’s Discord channel, with the announcement that one of the…
Scam artists have tried just about every trick in the book to relieve people of their Bitcoin in recent years. The latest effort is rather lacking in the sophistication department, however. A report in Bleeping Computer states that people have been receiving emails that are apparently from the owner of a dark web site offering…
Dozens of U.S. businesses, public buildings, and more have been evacuated in response to a string of bomb threats currently sweeping the nation. The person or persons making the threats, are demanding a sum of Bitcoin be sent to a wallet address, or are threatening to detonate a bomb, potentially harming many in the process.…
A study by the Massachusetts Institute of Technology has revealed that machine learning can identify crypto pump and dump schemes before they happen. It arrived at a figure generated by fraudulent trading which is a tiny fraction of the total trade volume. $7 Million Monthly Volume From Pump and Dumps The study went on to…
The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying their taxes through Bitcoin ATMs to their accounts. As the deadline approaches on 21 November, the authority told the one million taxpayers, who will need to make a payment to the ATO, to be wary.…