Scam

The post SCAM or Goldmine – The Truth About Hamster Kombat! appeared first on Coinpedia Fintech News What’s happening in the Crypto world? In the ever expanding crypto gaming world, we now have games that reward the player just to tap on the screen. In the ever evolving world of crypto gaming, Hamster Kombat has emerged as a phenomenon. With 250 million users and counting, it’s quickly become the talk of the town. But is it a revolutionary crypto game…

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…

The post FTX Founder SBF’s Family Caught in $100M Election Fund Scam! appeared first on Coinpedia Fintech News Recently the Wall Street Journal has revealed a shocking financial scandal involving Sam Bankman Fried (SBF) and his family, he is the person who founded the now closed crypto exchange FTX. The Bankman family is accused of misusing over $100 million of FTX customer funds to finance political contributions aimed at influencing the 2022 election. Family Coordination in Financial Misconduct The Emails…

The post 50 Cent’s Twitter Hack Promotes Fake Solana Meme Coin: The GUNIT Scam appeared first on Coinpedia Fintech News Rapper 50 Cent’s Twitter (X) account was hacked on friday to promote the new Solana meme coin, GUNIT. Initially, it seemed Curtis Jackson, also known as 50 Cent, was launching his own token, considering the recent trend of celebrities endorsing meme coins. However, it was later exposed that this was a  pump-and-dump scam. Moreover, the hacker had cleverly framed the…

The post Binance Hack: Users Hit by Google Plugin Scam, Lose Millions appeared first on Coinpedia Fintech News Several Binance users have suffered huge losses from account hacks, shaking the cryptocurrency community. Popular blockchain journalist Colin Wu broke the troubling news. Breaking: Your Binance account may have been compromised due to downloading the KOL-promoted Google plugin Aggr. A Chinese user used this plug-in, which resulted in $1 million being stolen through cross-trading on May 24th. Another Binance user had his…

New meme coin and upcoming Uniswap listing Dogeverse ($DOGEVERSE) has made headlines for raising over $15 million in its ICO which ends in three days. Owing to its multi-chain strategy of going live on 6 different blockchains simultaneously, the meme coin is witnessing strong early demand and significant excitement.  Dogeverse has even been featured in popular crypto news publications and is being touted by some influencers as the next big meme coin.  New meme tokens have been delivering outsized returns…

The post Traders Speculate Scam As Solana Welcomes $DAVIDO appeared first on Coinpedia Fintech News The renowned Afrobeat sensation Davido has captivated his fans by delving into the crypto realm by introducing his exclusive memecoin $DAVIDO. Davido has achieved the top position on the DEX screener, operating on Solana’s blockchain platform. After Solana officially welcomed him, Davido wrote: “The King of SOL is here! $DAVIDO.” while fans from Nigeria quickly invested, some speculated that it might be a scam. ZachXBT…

Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of being responsible for the GAMA NFT Project “fraud” as part of a history of lies. Down The NFT Fraud Rabbit Hole Stephen Findeisen, better known as Coffeezilla, published a YouTube video calling out Rabbit Inc. for being built on the remains of an alleged NFT fraud from 2021. The internet…

The post Hong Kong SFC Warns Against AI-Powered Crypto Scam Featuring Fake Elon Musk appeared first on Coinpedia Fintech News The Hong Kong SFC (Securities and Futures Commission) has warned sternly about a crypto scam using deep fake technology. The scam involves AI-generated videos of Elon Musk endorsing a fraudulent trading platform called ‘Quantum AI.’ This scam underscores the increasing use of AI in committing fraud. The SFC has taken a public stance against Quantum AI for making unrealistic promises…