9 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026

Attorney Says They Are “Receiving 5-6 Emails a Day” From Victims of Pig Butchering Scams

Pig butchering scams, a rapidly growing criminal activity involving online romance, fake crypto investments, and human trafficking, have been plaguing US citizens, resulting in significant financial losses. In a recnet interview, Erin West, Deputy District Attorney in Santa Clara,...

, by Ruholamin Haqshanas

PM of Singapore Alerts Residents to Deepfake Crypto Scam Using His Image

Lee Hsien Loong, the prime minister of Singapore, has warned his social media followers regarding the use of deepfake videos that use his voice and image to promote cryptocurrency scams. In posts made across various platforms including X (formerly Twitter), LinkedIn, and Facebook,...

, by Ruholamin Haqshanas

South Korean Police Shut Down ‘Gangsters’ $32m Crypto Scam Ring’

South Korean police say they have swooped on a $32 million chat app-based crypto scam ring that they say was being run by a network of “gangsters.” Per Chosun Ilbo, Busan Metropolitan Police, the group comprised nine groups of “violent gangsters” who operated bogus...

, by Tim Alper

Blockchain Security Firms Warn of Advanced AI Crypto Scams in 2024

Blockchain security firms are cautioning crypto projects and investors about the looming threats of more sophisticated AI-powered scams in 2024. Despite the improvement seen in scam and hack-related losses, dropping from $4 billion in 2022 to $1.7 billion in 2023, experts that Cointelegraph...

, by Fredrik Vold

Scammers Banked $59 Million in Crypto Exploiting Google Ads

Scammers have over the past nine months used a wallet-draining service named "MS Drainer" to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google Ads, targeting victims with...

, by Fredrik Vold

Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years + More News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years MoonPay Launches MoonPay Checkout ...

, by Sead Fadilpašić

US Seizes Half a Million Dollars in Digital Currency Linked to Chinese Man Involved in Crypto Fraud

The United States has seized digital currency valued at approximately half a million dollars from an account registered to a Chinese individual who was implicated in a crypto-investment fraud scheme. The scam, commonly referred to as "pig butchering," involves manipulating unsuspecting...

, by Ruholamin Haqshanas

Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?

A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21. Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe Wallet...

, by David Pokima

US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI

The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams - with Tether's help. According to the press release, the authorities traced the funds to cryptocurrency addresses allegedly connected to an organization...

, by Sead Fadilpašić

The Collision of AI and Crypto Attracts Scammers – What’s Going On?

As the crypto industry continues to evolve, a new wave of scams is emerging, blending the hype of artificial intelligence (AI) with crypto, Kathleen Breitman, co-founder of the Tezos blockchain, has warned. Writing in a commentary piece for Fortune on Sunday, warned of a rising trend where...

, by Fredrik Vold

Crypto Scam-Kit Inferno Drainer Shuts Down Operations

Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping several malicious actors pull...

, by David Pokima

KyberSwap Exploited in $46 Million Attack Due to ‘Infinite Money Glitch’

According to Ambient Exchange founder Doug Colkitt, KyberSwap's $46 million hack was "the most complex and carefully engineered smart contract exploit" and confirmed that what happened was an infinite money glitch. In a detailed thread on X dated November 23, Colkitt outlined the intricacies of...

, by Hassan Shittu

HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit

Crypto exchange HTX, formerly known as Huobi Global, said it "has now properly handled this attack," and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi HTX responded to a...

, by Hassan Shittu

Hacker Steals $25 Million from Kronos Research Through Compromised API Keys

Trading firm Kronos Research fell victim to a hack, resulting in a theft of $25 million by an unauthorized entity that accessed its compromised API keys. On November 19, Kronos Research disclosed via a post on X (formerly Twitter) about a security incident that involved unauthorized access...

, by Hassan Shittu

SlowMist Warns About Fake Journalists Orchestrating Crypto Thefts

Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists. In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei alerted the community...

, by Ruholamin Haqshanas

South Korean High Court Sentences Crypto Scammer to 9 Years in Jail

A branch of the South Korean High Court has jailed a convicted crypto scammer who operated a bogus token trading platform for nine and a half years. Per Seoul Kyungjae, the case was heard at the Busan High Court (Ulsan Tribunal) on November 12. The scammer, unnamed for legal reasons, was...

, by Tim Alper

# Scam (Page 9)

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