The man responsible for an alleged crypto Ponzi scheme back in 2017, Benjamin Reynolds, may be charged with $572 million in penalties for the fraudulent scheme, that is, if the…
The Ethereum Classic (ETC) network found itself going through a reorganization last weekend, where all the nodes on the network lost function temporarily. While it was initially suspected to be…
Adding to the list of hacking incidents in the DeFi sector this year is decentralized protocol Opyn, which is known for offering Ethereum (ETH) options contracts. An unidentified hacker conducted…
According to a press release by Bitfinex, the Hong-Kong based digital assets trading platform is now offering a reward of up to $400 million USD to any persons that will…
PlusToken, the biggest cryptocurrency scam in history so far has come to an end as 27 on-the-run core members and 82 conspirators have been arrested by Chinese police.
Chainnews media outlet…
Scams and fraud have been around since humanity began to accumulate wealth and been introduced to greed. Celebrity and impersonate scams are on the rise as they are targeting unsuspecting…
Two days ago, the world looked on as influential personalities and companies found their Twitter accounts being hacked to promote a scam involving Bitcoin (BTC) and was marginally successful in…
Crypto Twitter is at the present still abuzz with the latest of cryptocurrency scams happening on the social media app, which involved the accounts of famous global personalities such as…
Another day, another crypto scam busted. The payouts for conducting financial scams are high, which attracts individuals looking to make a quick buck, but it is only a matter of…
As Decentralized Finance (DeFi), particularly decentralized exchanges (DEX), experience an explosive jump in popularity, the number of fraudulent actors and schemes grow simultaneously, looking to take advantage of sudden growth…