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Cryptocurrency Scams

Approval Has Been Granted in Singapore for Both Circle and Paxos

Kavon Hyatt | November 3, 2022 | Leave a comment
Circle and Paxos, two stablecoin issuers, have each been given license clearance in Singapore. In addition, the central bank of Singapore, known as the Monetary Authority of Singapore (MAS), gave its approval. Circle’s application for a license to operate...
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White Hat Hacker Returns Over 50% Off Stolen Funds

Kavon Hyatt | October 31, 2022 | Leave a comment
A SlowMist report has revealed that over $7 million has been returned from an attack on the DeFi platform, Team Finance, in late October. The hacker who stole $14.5 million from Team Finance began returning the stolen assets to...
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Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment
The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...
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Developers Of the Cosmos Ecosystem Uncovers a Dangerous Vulnerability

Kavon Hyatt | October 17, 2022 | Leave a comment
Ethan Buchman claims that the severe security weakness places all IBC-enabled blockchains in danger. As one of Cosmos’ co-founders, Ethan Buchman assisted in its founding.  A Critical Weakness/Vulnerability Those working on the Cosmos blockchain project have discovered a significant...
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Kyber Network Neutralizes Hack Attack, Indemnifies Victimized Wallets

Kavon Hyatt | September 7, 2022 | Leave a comment
Kyber Network, a decentralized bourse platform, suffered a hack from an unidentified source last week. The team at Kyber was able to eliminate the threat in two hours. The wallet that got hacked during the hit got reimbursed.  Kyber...
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Pakistan is Investigating Binance for a Mega Dollars Cryptocurrency Scam

George Wisneski | January 10, 2022 | Leave a comment
The Pakistani government has launched a corruption probe after receiving several complaints about a recurring scam that involves deceiving rich donors into transmitting resources from Binance funds to unknown external addresses. Pakistan’s National Accountability Service is said to have...
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PayBack Ltd Review – Is PayBack Ltd A Recommended Fund Recovery Firm?

Kavon Hyatt | September 18, 2021 | Leave a comment
PayBack Ltd Review PayBack Ltd is a money recovery company that has a proven track record of recovering lost funds for its countless clients in the past. You might be wondering why such a company would even need to...
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REvil Gang Demands $70M In BTC Ransom

Kavon Hyatt | July 10, 2021 | Leave a comment
Cyber attacks are on the rise, with many exchanges and protocols having already lost millions of dollars already. Many of the attacks have been conducted on protocols backed by BSC (Binance Smart Chain), with the more recent ones being...
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Money-back.com Review – A Recommended Funds Recovery Agency

Kavon Hyatt | March 28, 2021 | Leave a comment
Money-back Review Today, the web has reformed the world in terms of saving one’s time and effort and getting things done by the snap of a catch, be it climate estimate, everyday news, flight booking, or some scholastic or...
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Hackers Have Exploited Social Platform Roll And Got Away With $5.7 Million

Kavon Hyatt | March 16, 2021 | Leave a comment
On the 14th March 2021, popular social money wallet platform Roll got attacked by hackers, with a rough estimate of around USD 5.7 million being lost in the process. Roll enables its consumers to mint (a process of validating...
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