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Crypto Hacks and Scams Result in $300 Million in Losses for August
September 1, 2024In August, the crypto industry saw a significant loss of approximately $310.9 million due to exploits, hacks, and scams. However, there was some positive news as digital assets worth $10.3…
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Token drops 26% as Airdrop excitement and Phishing Scams escalate
April 4, 2024Amidst the recent downturn in the cryptocurrency market, the Wormhole token experienced a significant drop of approximately 26% from its peak. This decline came following the highly anticipated airdrop event,…
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Is OpenAI’s AI Text-to-Video Technology at Risk of Being Exploited for Crypto Scams?
February 16, 2024Artificial intelligence firm OpenAI has made waves with its latest product, Sora, a text-to-video model that has the potential to revolutionize the creation of digital content. However, as exciting as…
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2024: 10 Essential Facts About Crypto Scams
February 11, 2024Last year, almost $2 billion was lost in crypto. The very decentralized nature and irreversible transactions of cryptocurrencies expose the landscape to significant vulnerabilities. Retrieving funds post-crypto scam becomes an…