Sam “SBF” Bankman-Fried the once-prominent figure in crypto news and blockchain technology has declared from prison that his single worst decision during FTX’s multibillion-dollar collapse was handing control of the troubled crypto exchange to new CEO John J. Ray III, just before its bankruptcy. Bankman-Fried, who led FTX from trading darling to crypto pur cautionary…
South Korea has reported a record-breaking surge in suspicious cryptocurrency transactions in 2025, flagging 36,684 cases between January and August alone more than the combined totals from 2023 and 2024. This unprecedented growth underscores mounting concerns over crypto-fueled money laundering, cross-border remittance schemes, and the use of stablecoins in complex financial crimes. Suspicious Transaction Reports…
Crypto address poisoning scams are on the rise, with more than $1.6 million stolen from unsuspecting users in just the past week exceeding the total reported lost in all of March 2025. This increasingly common form of blockchain-based fraud relies on contaminating a user’s wallet transaction history, causing costly copy-paste errors that result in major…
A cybercrime syndicate known as “GreedyBear” has propelled cryptocurrency theft to an unprecedented level, stealing over $1 million from unsuspecting users through a complex web of fake wallet browser extensions, malware strains, and deceptive scam websites. Security researchers warn this represents a new era of large-scale, diversified crypto attacks, with GreedyBear leveraging advanced techniques to…
A crypto user has suffered a devastating $908,551 loss in an advanced phishing attack more than 15 months after unwittingly signing a malicious ERC-20 token approval. This security lapse, which allowed scammers to siphon funds in a single transaction, underlines the critical importance of routinely managing wallet permissions for anyone active in DeFi and Web3….
In a shocking revelation, Arkham Intelligence has unveiled what is now confirmed as the largest cryptocurrency hack in history a 2020 breach that resulted in the theft of 127,426 Bitcoin (BTC), worth roughly $3.5 billion at the time and a staggering $14.5 billion at current market prices. The unprecedented digital heist targeted China-based mining pool…
The crypto industry saw a sharp surge in security breaches in July 2025, with cybercriminals stealing at least $142 million across 17 different attacks. According to new data from blockchain security firm PeckShield, the CoinDCX exchange suffered the month’s largest loss, highlighting a worrying trend of offchain exploits and advanced social engineering attacks targeting major…
The surge in digital asset prices has provided fertile ground for crypto scammers, with Ripple issuing a stark warning about a wave of fake XRP giveaways and impersonation attacks targeting the crypto community. As Bitcoin, Ether, and XRP reach or approach all-time highs, fraudsters are intensifying their efforts to exploit unsuspecting investors. Surge in Crypto…
