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You could be allowing them access to your crypto assets. Verify links for projects. This sounds like basic blocking and tackling, but just checking the links for a project can help you avoid a scam.
The FBI says that while crypto fraud complaints only make up about 10% of financial fraud reports, they comprise 50% of total losses—about $5.6 billion in 2023 alone, according to the agency’s ...
In a single week in November 2022, FTX went from being one of the world's biggest and most trusted exchanges to a cautionary tale about the risk of crypto theft and loss. Its founder, Sam...
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: ĉçŞç), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
On September 25, 2023, it was reported that $200 million was stolen by hackers from crypto firm Mixin Network. The company stated that the database of its network's cloud service provider was attacked by hackers resulting in the loss of the assets. [35] [36]
Malicious programs can spread quickly and cause enormous damage if not properly protected against. While blockchain technology is very safe and there have been very few successful attacks against ...
Kraken was co-founded in 2011 by Jesse Powell, an alumnus of California State University, Sacramento with Thanh Luu and Michael Gronager. [7] [8] Powell was a consultant for Mt. Gox in resolving a security issue, and began working on Kraken as a replacement anticipating its death; Gox would indeed collapse in 2014, failing security audits.
Cryptocurrency has become a more mainstream form of payment in recent years, with anti-money laundering service AMLBot reporting that one-third of the American freelance workforce is now being ...