News with the tag "exit scam"

The biggest incidents in October included the Radiant Capital hack, a phishing attack and the hacking incident involving crypto exchange M2.

The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.

Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.

Blockchain security firm CertiK has confirmed that OrdiZK, a self-described “ETH, BTC, and SOL” bridge, has conducted an exit scam on March 4 and 5, leaving investors grappling with the aftermath.

In February, the crypto sector saw losses totaling approximately $160 million due to exploits, hacks, and exit scams, according to Certik. #CertiKStatsAlert ? Combining all the incidents in February we’ve The post Crypto Sector Lost About $160M To Hack, Exploits, and Exit Scams In February: CertiK a...

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with...

Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnight development, the native token of the Yearn Finance ecosystem witnessed a staggering 40% plunge. This downturn in YFI’s performance prompts a closer ex...

The crypto market has been witnessing a bullish momentum in October, reflecting the “Uptober” sentiment in the segment. However, despite the gains, the security breaches and crypto scams have continued to weigh on the investors’ sentiment. Meanwhile, October 2023 has been a tumultuous month for the ...

During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost via access...

The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.