The launch of the bounty program comes just weeks after Sun settled a long-running SEC case for $10 million, with all claims dismissed. Tron founder Justin Sun has said that his team has built an AI system capable of identifying suspects in crypto fraud cases. He also said that he will put $100 million…
Resolv managed to burn around 9 million USR held by the attacker, but roughly $0.5 million in redemptions had already been processed. USR, an overcollateralized stablecoin natively backed by ETH and maintained by the Resolv protocol, lost its peg on March 22 after an attacker minted millions of unbacked tokens and reportedly extracted at…
A tip to Homeland Security unraveled a multi-wallet laundering scheme, which ultimately resulted in a $61 million Tether confiscation. US federal agents have seized more than $61 million worth of USDT. Investigators traced the seized funds to cryptocurrency addresses allegedly linked to the laundering of criminal proceeds obtained through “pig butchering” schemes. According to…
Two crypto users lost $12.25 million and $50 million after copying incorrect wallet addresses. In January, a crypto user lost $12.25 million by copying the wrong wallet address. In December as well, another one ended up losing $50 million in a similar way. Together, the two incidents cost $62 million, according to the popular…
High-risk and scam-adjacent projects have been found to dominate press release volume. A majority of press releases published across crypto news sites originate from high-risk or outright fraudulent projects. In a new report, crypto communications firm Chainstory analyzed 2,893 crypto press releases published between June 16 and November 1, 2025, and found that roughly…
Last Updated: Dec. 13, 2025 A Bitcoin ATM (sometimes called a BTM) is a physical kiosk that allows you to buy or sell Bitcoin using cash or a debit card. Unlike traditional ATMs connected to your bank account, these machines connect directly to cryptocurrency exchanges, enabling you to convert physical currency into digital assets on the spot….
“Binance will never contact you on WhatsApp to offer investment opportunities, request payments, or ask for your personal information,” the team said. Binance is the world’s largest crypto exchange, boasting a user base of over 280 million people. That popularity, though, has made it an attractive target for scammers who often impersonate the exchange’s…
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Thursday sanctioned Song Kum Hyok, a North Korean cyber actor associated with the Reconnaissance General Bureau’s (RGB) Andariel hacking group. OFAC said Song facilitated an illicit IT worker scheme that generated revenue for Pyongyang’s regime. Treasury Targets DPRK Cyber Actor According to…
Cybersecurity firm Koi Security has uncovered a large-scale malicious campaign targeting cryptocurrency users through fake Firefox extensions. The campaign involves more than 40 extensions impersonating widely used crypto wallet tools. This includes Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, Keplr, MyMonero, Bitget, Leap, Ethereum Wallet, and Filfox. Once installed, these extensions silently steal wallet credentials…
In an effort to curb the misuse of cryptocurrency ATMs, Australian authorities have identified 90 individuals, many of them scam victims or unwitting money mules, following a months-long investigation led by AUSTRAC’s cryptocurrency taskforce. The operation was conducted in collaboration with federal and state law enforcement agencies and marks a significant step in understanding how…