Web3 space has lost $1.48 billion to cyberattacks since January
Web3 lost a total of $1.478 billion to cyberattacks from January to May 2022, with only 4 incidents being responsible for 81%.
Stay alert with crypto scam news, fraud warnings, phishing cases, rug pulls, and investigations into bad actors across the industry.
Uniswap LPs suffered from a phishing attack for 8 hours and lost over 4295 ETH. Binance Intel helped Uniswap out with the attack, which was stopped at July 11, 23:00 UTC.
The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.
The Commodity Futures Trading Commission filed fraud charges against Mirror Trading International for allegedly defrauding users of $1.7 billion worth of Bitcoin.
After allegedly scamming investors of $4 billion, the FBI has placed OneCoin creator Ruja Ignatova aka 'Crypto Queen' on its Top 10 Most Wanted list.
The rule will require users to provide information of recipients when making transfers to wallets off Coinbase.
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.