Why Ransomware Groups Are Increasingly Interested in Monero (XMR)

Reports suggest Monero is the favorite currency for ransomware groups. The recent CipherTrace study highlights the growing ransomware trends within the cryptocurrency market. Monero: The New Ransomware Darling CipherTrace study noted an increasing pattern in the latest ransomware attacks. Analysts observed most actors use privacy tokens such as XMR. Groups prefer using these currencies to […]

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An Extensive History of Crypto Hacking and how things have changed

Anybody who has spent even a small amount of time in the crypto trading landscape would know that hacks are a common part of it. When the first crypto coin became available, nobody thought that hacks would be as prevalent as they became later on. Sure, people did have some reservations initially, but they were […]

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Researchers Believe Crypto Fraudsters Could Target Search Engines and Social Media

YouTube and a variety of applications owned by Google have been facing a variety of issues as of late. One of the most prevalent problems people have encountered is that there are plenty of crypto related scams present on these platforms. A large number of researchers recently came across issues on YouTube and even the […]

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The Dangers of Influencers Promoting Cryptocurrencies

These days, more and more celebrity influencers are starring in cryptocurrency advertisements. From Paris Hilton to Kim Kardashian, cryptocurrency developers are using their large fanbases to build trust. However, it’s very dangerous that celebrities, who aren’t experts in investments, are making crypto seem cool. After all, it’s unlikely that their massive followings have an understanding […]

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PayBack Ltd Review – All You Need To Know About This Fund Recovery Service

PayBack Ltd Review PayBack Ltd is an experienced funds recovery firm that has been providing its services for more than a decade now. It is famous in the market for its recovery method and remarkable winning percentage. Read this piece of writing thoroughly because, in this PayBack Ltd review, I will tell you about the […]

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6 VPN Providers Blocked In Russia after Crypto Hack Attack

One of Russian Government’s website belonging to a local administrative entity was hacked recently by crypto hackers who not only trolled the victim and even offered free Bitcoins to the website visitors. However, as of today, the control of the website has been taken back but the Russian Government is annoyed and has been taking […]

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Zimbabwean Crypto Fraudster Runs Away With More Than 6 Million Dollars

Martin Mhlanga of Zimbabwe was suspected of launching a Bitcoin Ponzi scheme in the country under the “Cryptoshares”. However, though his disguise was busted before the local police could get him, he vanished from the scene and took away with him US$ 6 Million approximately which he had collected from the Bitcoin fraud scheme. Similarly, […]

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Eastern Europe – Most Beloved Region For Crypto Scammers

For the Eastern Europe region, crypto scammers do not have to do much, as they are easily targeted and fell into the trap quite easily. This is so true because Chainalysis report suggests that Eastern Europe tops in sending crypto funds to malicious addresses out of the region which mostly belongs to the scammers. The […]

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Perpetrators of ‘Africrypt Scam’ Deny Allegations of Crypto Fraud before SA High Court

After the notorious crypto scam of MTI, the other mega crypto scam allegedly that happened in South Africa is that of Africrypt. Millions of dollars’ worth of virtual assets have been lost purportedly to crypto criminals who managed to breach Africrypt’s protocols. While Africrypt’s owners, i.e. Ameer and Raees Cajee, are claiming that their firm […]

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170 Fake Crypto Mining Apps Scam Users $350K

Cryptocurrency enthusiasts pay believing that they are mining digital coins through android apps. In reality, they are doing nothing and getting nothing. Over 170 Android apps have joined the crypto craze with their scam services. According to market researchers, fraudulent apps, 25 of them accessible on Google Play, are luring crypto traders to fake deals. […]

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