Decentralized finance has seen a sudden boom since the introduction of non-fungible tokens and cryptocurrencies going mainstream. But in this consistent adoption and scaling of things, many investors and traders have let their guard down. When something goes mainstream and becomes the talk of the town, usually scammers and illicit hackers would try to bend […]
Cryptocurrencies and the concept of decentralization on which these rely for functioning are both impeccable but at the same time not fully secured from the vile acts of cybercriminals. Cryptocurrency is both efficient and secure but to what extent is the question? For the last few years, decentralization and blockchain technology has helped many hackers […]
Although blockchain technology is extremely efficient and secure than most financial services operating within the world, it is not completely invincible when it comes to a crypto hack. Cybercriminals are always trying their best to trick users and wallet owners into giving away their personal information by either phishing attacks or email scams, or whatever. […]
Despite the fact that the use of blockchains and decentralization masks all cryptocurrencies from outside attacks that are more common in the digital world where things are centralized and lack an operable blockchain. Exchanges, trading units, and other such resources, however, still rely on the common web and therefore are perceptible to a hacking attempt […]
Liquid Group is a cryptocurrency exchange that originally hails from Singapore and operating since 2014. However, since the digital trading forum has been licensed by the Financial Supervisory Authority of Japan (FSA), it is often considered native to the land of the rising sun. The hack that is considered one of the biggest digital heists […]
Many crypto exchanges have befallen victims to crude cyberattacks and hacks over the years, and this time around, it is the Bilaxy exchange that has been hacked. Bilaxy is a Seychelles-based cryptocurrency firm that deals with all kinds of trading, crypto or not. It reported earlier on 29th August that some of its wallets were […]
Milos Rajkovic is a professional artist and painter hailing from Serbia. He has a great number of followers around the world and has been able to exhibit his work at many national and international art display events. He recently told the media that some scammers have stolen his work and selling them online. He was […]
The crypto scammers are getting smarter in their ways. Many media outlets and financial institutions are taking pains to educate their consumers about the new ways that scammers are trying to gain access to the personal details of the users. The main objective of the scammers is to break into the crypto wallets or bank […]
Bitcoin Suisse is a crypto trading and services platform for institutional investors on a global scale. At the start of the current year, threat actors targeted the business’s online presence and social media accounts. As noted by the Bitcoin Suisse cybersecurity team, the spammers have been trying to lure investors present on social media platforms. […]
Where cryptocurrency is concerned, 2020 was not exactly surprising, considering that 2019 was even much worse. In 2020, cryptocurrency worth USD 2.7 Bn was lost in frauds; however, it represents 50% of the USD 7 Bn lost in 2019. However, whatever the case, some unusual happenings from the previous year have earned South Africa a […]
Scammers are capitalizing on the eagerness and concern people are experiencing and conning them. Vaccine email scam The Centre, the cyber awareness cell has cautioned users about cyber frauds concerning coronavirus vaccines. People in India are becoming more and more impatient, anticipating a vaccine against the unusual coronavirus soon. But, because of the state’s significant […]
Black Friday is here, and consumers are warned to be vigilant about possible cybersecurity risks. Before Cyber Monday and Black Friday’s sales rush, the National Cyber Security Center has sent out guidelines to assist consumers in remaining safe online. The Centre’s objective is to allow shoppers to implement simple methods to decrease the danger of […]
