scam
Wonderland Rattled After Co-Founder Tied to Failed QuadrigaCX Exchange
Wonderland’s TIME tokens fell 32% Thursday after blockchain sleuths revealed "Sifu," a core member of the founding team, is an alleged long-time serial scammer. With a conviction and deportation on his record, "Sifu" was also the co-founder of failed Canadian crypto exchange QuadrigaCX. "The Hash" hosts discuss the latest development turning heads in the world of DeFi.
Is Crypto a Ponzi Scheme?
In December, Robert McCauley, an economist at Boston University, wrote an op-ed stating, “Bitcoin is worse than a Madoff-style Ponzi scheme.” “The Hash” group breaks down the implications of a corresponding CoinDesk opinion piece that questions whether crypto truly is a scam and a Ponzi scheme.
Chainalysis: DeFi ‘Rug Pull’ Scams Pulled in $2.8B This Year
Crypto investors in 2021 lost over $2.8 billion to “rug pulls,” a colloquial term for a type of crypto scam, according to Chainalysis. This year, the rise in scams reportedly mirrored a general rise in cryptocurrency prices. “The Hash” panel discusses the latest story highlighting the growth and risks of DeFi.
Metamask, Phantom Wallet Users Reportedly Targeted in Crypto Phishing Scam
Users of crypto wallets MetaMask and Phantom, as well as the crypto swap platform PancakeSwap, have been targeted in a crypto phishing scam involving Google Ads and at least half a million dollars being stolen. “The Hash” team discusses how the scam works and how to keep your funds safe.
Bitcoin.org Website Went Dark After Being Hacked From Apparent Giveaway Scam
The website for Bitcoin.org, an open-source project that aims to support Bitcoin development, went dark early Thursday after being the victim of an attack claiming it would double funds sent to it. “The Hash” team discusses the latest giveaway scam making waves in the crypto industry.
British Man Arrested in Connection With Last Year’s Massive Twitter Hack
Twenty-two-year-old Joseph O’Conner is the fourth person to be arrested in connection with the crypto phishing scheme
Founders of South African Crypto Investment Firm – and $3.6B in Bitcoin – Are Missing
Africrypt investors were told not to inform police of the purported hack because it could slow the recovery of their funds.
UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report
The company is the latest U.K. bank to act to crack down on cyber-crime.
People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds
A not-so-classy message on the DeFi100.org website told investors they'd been fooled and "you can't do [the slightest thing] about it."
'Convincing' Phishing Attack Targets Ledger Hardware Wallet Users
Ledger confirmed that for the last week some customers have been the target of a phishing attack.
