cryptocurrency
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Common cryptocurrency scams and how to avoid them
Cryptocurrency scams keep evolving, but most follow familiar tricks that prey on urgency, confusion, or excitement. Knowing what to watch for makes a big difference. This guide breaks down common cryptocurrency scams and how to avoid them without getting overwhelmed. You’ll find the most common scams range from fake exchanges and investment traps to phishing, blackmail, and shady mining or…
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Hacker steals $223 million in Cetus Protocol cryptocurrency heist
The decentralized exchange Cetus Protocol announced that hackers have stolen $223 million in cryptocurrency and is offering a deal to stop all legal action if the funds are returned. The project also announced a $5 million bounty to anyone providing relevant information leading to the identification and arrest of the attacker. Cetus Protocol is a decentralized exchange (DEX) and liquidity…
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Germany takes down eXch cryptocurrency exchange, seizes servers
The Federal police in Germany (BKA) seized the server infrastructure and shut down the ‘eXch’ cryptocurrency exchange platform for alleged money laundering cybercrime proceeds. During the law enforcement operation, the authorities also seized eight terabytes of data and cryptocurrency (Bitcoin, Ether, Litecoin, and Dash) worth approximately $38,000,000, making this the third largest seizure of digital assets in BKA’s history. The BKA…
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Agentic AI might soon get into cryptocurrency trading — what could possibly go wrong? – Computerworld
Developers could share or rent their AI tools, and users can access decentralized AI without relying on Big Tech companies. Think of it like an “App Store” for AI but Web3-native, peer-to-peer, and without intermediaries. Blockchain also brings auditability to black-box models, especially important in fields like healthcare, finance, or law.A user could verify if an AI made a loan…
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Cryptocurrency wallet drainers stole $494 million in 2024
Scammers stole $494 million worth of cryptocurrency in wallet drainer attacks last year that targeted more than 300,000 wallet addresses. This marks a 67% increase over 2023 figures although the number of victims only rose by 3.7%, indicating that victims held more significant amounts on average. The data comes from web3 anti-scam platform ‘Scam Sniffer,’ which has been tracking wallet…
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LastPass breach comes back to haunt users as hackers steal $12 million in cryptocurrency
A major data breach at password manager firm LastPass in 2022 is still causing mayhem two years later, with cyber criminals using stolen information to carry out further attacks. According to data collated by crypto investigator ZachXBT, hackers stole $12.38 million in cryptocurrency from LastPass users on 16 and 17 December. The attackers drained nearly 150 individual victim addresses, according…
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