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Tag: Scams

Binance develops ‘antidote’ to address poisoning scams after $68M exploit

May 16, 2024 wp-bot Cointelegraph

Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.

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Solana-based Cypher developer confesses to gambling away $300K of user funds

May 15, 2024 wp-bot Cointelegraph

The insider’s exploit went unnoticed for months, despite over 36 individual transactions.

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WBTC thief returns $71 million worth of stolen funds

May 13, 2024 wp-bot Cointelegraph

On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before

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Trader loses $68M in address poisoning scam

May 3, 2024 wp-bot Cointelegraph

The attack caused the unknown trader to lose over 97% of their crypto holdings.

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April sees $25M in exploits and scams, marking historic low ― CertiK

April 30, 2024 wp-bot Cointelegraph

Losses from hacks and scams reached their lowest level since 2022 when CertiK first started recording the data, with flash loan attacks and private key

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SlowMist uncovers crypto scam exploiting altered Ethereum nodes

April 26, 2024 wp-bot Cointelegraph

SlowMist Technology’s report stated that this type of scam exploits users’ trust and negligence, resulting in asset losses.

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