Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
phishing
Unstoppable Domains Targeted in Phishing Hoax; Ripple CTO Issues Scam Alert
The post Unstoppable Domains Targeted in Phishing Hoax; Ripple CTO Issues Scam Alert appeared first on Coinpedia Fintech News Crypto-focused cybersecurity experts are warning that Unstoppable Domains, which produces domain service-related Ethereum websites, was the focal point of a phishing hoax. Ripple’s CTO rounds off the list of threats to the crypto community by pointing out a phishing scam that targets users of the Unstoppable Domain, a major decentralized name service provider. This is a scam. Links go to scam…
9 months ago
Bitpanda Issues Critical Alert Over SMS-Based Phishing, Scams
The post Bitpanda Issues Critical Alert Over SMS-Based Phishing, Scams appeared first on Coinpedia Fintech News Bitpanda has issued a critical alert to its users and the broader crypto community, warning them about an increase in SMS-based phishing and scam attempts targeting user accounts. In a recent post, Bitpanda warns crypto users to beware of fraudulent scam messages, adding it will never ask users to call or send funds anywhere. Bitpanda also stated it would never request a user account…
10 months ago
Phishing Scam Drains $7. $66 million in Ethereum through an elaborate scam
The post Phishing Scam Drains $7. $66 million in Ethereum through an elaborate scam appeared first on Coinpedia Fintech News A complex phishing attack has been carried out, resulting in a stolen 2,881 ETH worth of $7. 66 million. As reported by Cyvers alerts, the scam is in the process of pooling the assets and then converting them into Ethereum by swapping against various blockchains. After this, the stolen Ethereum was split and sent to two different wallet addresses. This…
10 months ago
Shiba Inu Community Receives Alerts On Phishing Scams
The post Shiba Inu Community Receives Alerts On Phishing Scams appeared first on Coinpedia Fintech News ShibArmy Scam Alerts has issued an alert to the Shiba Inu community on phishing scams, a type of cyber attack where malicious actors send fraudulent messages, often via email, that appear to come from a reputable source. The aim is to steal sensitive information such as usernames, passwords, and credit card details. It has also shared a few tips on recognizing phishing attempts, which…
11 months ago
Security Breach: Compound Finance Website Compromised in Phishing Scam
Compound Finance's website was hijacked by hackers, redirecting users to a phishing site, but the protocol's smart contracts and funds remain secure. ZachXBT's Alert and Confirmation of Breach Compound Finance, a prominent decentralized finance (DeFi) lending platform backed by Coinbase and a16z crypto, has suffered a significant security breach. On July 11, crypto investigator ZachXBT revealed via their official Telegram channel that the Compound Finance website had been hijacked, redirecting users to a newly registered phishing site. ZachXBT, known for…
11 months ago
Security Firm Flags TON for Rising Phishing Threats in Telegram Ecosystem
Amid the ongoing growth in 2024, The Open Network (TON), linked to Telegram, is facing a surge in phishing attacks. Security experts have warned that the platform’s open nature and the popularity of certain features create vulnerabilities that scammers exploit. The Open Network, TON, blockchain platform linked to messaging giant Telegram, is experiencing a significant surge in phishing activities. This rapid increase in hoaxes comes amid the platform’s rapid growth in 2024. Yu Xian, founder of blockchain security firm SlowMist,…
12 months ago
Telegram’s TON Ecosystem Faces Increased Phishing Threats
The post Telegram’s TON Ecosystem Faces Increased Phishing Threats appeared first on Coinpedia Fintech News SlowMist has raised caution about the increasing phishing threats within Telegram’s TON ecosystem. Founder Yu Xian identified the root cause as vulnerabilities in the platform’s openness, which allows for scams via message groups and airdrops. Users with anonymous numbers are especially vulnerable, potentially losing funds and Telegram accounts. Although TON has rapidly grown over 2024, with a 4,500% increase in Total Value Locked (TVL) to…
12 months ago
Phishing Group Returns Stolen Crypto: 22,960 ETH and 1155 WBTC Recovered
The post Phishing Group Returns Stolen Crypto: 22,960 ETH and 1155 WBTC Recovered appeared first on Coinpedia Fintech News In a significant development, the phishing group behind the theft of 1155 Wrapped Bitcoin (WBTC) has completed the transfer of all 22,960 Ethereum (ETH), valued at $66.88 million, back to the victim’s address. With this, all the phished assets are returned, fulfilling the earlier promise of the victim, of a 10% bounty. Hence, the swift return of the funds stolen highlights…
1 year ago
Zachxbt’s Intervention Halts a 6-Figure Scam Amidst the Rise of Crypto Phishing Attacks
The post Zachxbt’s Intervention Halts a 6-Figure Scam Amidst the Rise of Crypto Phishing Attacks appeared first on Coinpedia Fintech News The infamous on-chain sleuth, Zachxbt has been making news due to his rapid response to crypto phishing scams that prevented crypto from falling into the wrong hands. Zachxbt in his x post revealed that he averted a phishing attack that caused a theft of six figures from a victim. The attacker was a customer of a popular draining service…
1 year ago