Scams
SudoRare developers reap $815,000 from rug pulling project
Six-day old SudoRare protocol has cost investors $815,000 after developers shut down the project.
Christian Nwobodo 2 min read 
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Christian Nwobodo 2 min read 
Regulation
CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’
The U.S. Department of Treasury sanctioned the crypto mixer Tornado Cash website on August 8, claiming that cybercriminals with affiliations to North Korea have been using it to launder money.
Scams
Over $1M lost in Polygon-based Dragoma rug pull
Blockchain security company PeckShield first reported the alleged rug pull, noting the sharp decline in the value of Dragoma's token DMA.
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Rumors
DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers
How did two brothers from Texas create $7.5 billion worth of fake TVL on Solana and what is the wider implication for Sybil resistance in a decentralized, open-source ecosystem?
Hacks
Chainalysis reports $2B lost in cross-chain bridge hacks
Questions over interoperability arise as Chainalysis say thefts from cross-chain bridge hacks now account for 69% of all hacks.
Scams
North Koreans reportedly targeting crypto jobs for insider access
Beyond plagiarizing resumes, researchers also discovered that some suspected North Koreans doctored qualifications when applying for jobs.
Scams
U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
Senator Brown asked the companies to provide details about their app store safeguards to thwart fake crypto apps amid rising scams.
Exchanges
Okcoin warn of ‘elder fraud’ following recovery of $1M in stolen crypto
Scammers who preyed on the elderly were stopped by the coordinated efforts of centralized exchanges.
Legal
FatManTerra announces class action lawsuit against Terraform Labs, Do Kwon, Jump Capital
A class action lawsuit naming Do Kwon personally as a defendant has been announced by FatMan Terra as he retells his story and why he created the FatManTerra account.