scam-alert
In-depth research, opinions, and analysis of scam-alert trends.
Scam Alert: Fake ETH/ARB Pool With Over 95 Million Fake ARBs On Arbitrum Uniswap V3
<p>Stay safe from fraudulent activity in cryptocurrency. Learn how to verify pool legitimacy and protect your investments. Get the latest ARB updates here.</p>
Hacker Ronin Attempts To Scam $200 Million From Hacker Euler Finance
<p>Yesterday, the address marked as hacker Ronin on-chain sent an on-chain message to the address marked as hacker Euler asking it to decrypt an encrypted message.</p>
ParaSpace Almost Lost 2,900 ETH Because Of Hacker Attack
<p>ParaSpace, an NFT Lending platform, has announced the suspension of operations owing to the detection of a suspicious transaction.</p>
Circle Takes Over USDC From Coinbase: Crypto Investors Beware!
<p>According to recent data from Lookonchain several crypto institutions have been depositing USDC into Circle or buying back USD in the past 24 hours. Additionally, Coinbase, a leading cryptocurrency exchange, has deposited a whopping $1.97 billion into Circle.</p>
Shocking! DEXs Hacked: Hedera Token Stolen Due To ‘Smart Contract Service’ Bug
<p>According to the core team at Hedera, there has been an exploit on the network in which hackers have stolen funds through users’ accounts on decentralized exchanges. </p>
Cryptocurrency Scams In Hong Kong Double To HK$1.7 Billion, Jumped 67%
<p>Key Points: According to a recent report by South China Morning Post, losses due to cryptocurrency scams in Hong Kong doubled last year to HK$1.7 billion, with a 67% increase in reported cases. This highlights the need for increased awareness and education about crypto scams. The report also revealed that the most common type of</p>
URGENT: MyAlgo Wallet Under Investigation – Withdraw Funds Safely Now!
<p>The Algorand Foundation has responded to the recent attack on the MyAlgo wallet, stating that they have conducted a thorough investigation into the Algorand protocol and SDK and have found no vulnerabilities. </p>
Coinbase’s BASE Account Tricked By Honeypot Scam – Don’t Be Next!
<p>Key Points: Users of Twitter should exercise caution regarding an imposter account claiming to be Coinbase’s official BASE Layer 2 account. Despite receiving a Twitter verification badge the account in question is a honeypot that may attempt to defraud individuals of their funds. PeckShieldAlert, an organization specializing in blockchain security, has verified the account as</p>
Paxos Vault Hack: Over $130 Million Worth Of BUSD Stolen
<p>According to the latest monitoring data from Whale Alert, a total of 130,480,000 BUSD was destroyed in the Paxos vault. This process of destroying digital assets is known as “burning,” and it is a common practice in the cryptocurrency world. BUSD is a stablecoin that is pegged to the value of the US dollar. It</p>
ArbiSwap Rug Pull? Shocking Details Revealed About Suspected Arbitrum DEX Scam
<p>Key Points: According to monitoring by DeFi security review agency, Rugdoc.io, ArbiSwap is suspected of being a rug pull. The agency has advised users to withdraw their assets and revoke related rights as soon as possible. ArbiSwap users have expressed their concerns on social media platforms, stating that the platform’s liquidity has suddenly decreased, causing</p>
Hope Finance Appears Rug Pull, Scammers Transferred $1.86 Million ETH To Tornado Cash
<p>Key Points: Hope Finance, a decentralized finance (DeFi) protocol, lost about $2 million in cryptocurrency assets on February 20 to a hacker who also claimed ownership of the whole genesis protocol. According to the DeFi protocol, Ugwoke Pascal Chukwuebuka, a Nigerian, was the hacker who defrauded the community while publishing a photo of himself holding</p>
Dexible Exploited By Hackers Causing Damage $2 Million
<p>Key Points: Early on Friday, the decentralized exchange aggregator Dexible was the victim of a $2 million hack, according to an announcement the protocol updated on its Discord channel. The Dexible front end displays a popup warning about the vulnerability anytime users visit it as of 6:35 pm UTC on February 17. According to a</p>
Stablecoin Trading Platypus Attacked Flash Loans Losing About $9 Million
<p>Key Points: Security firm CertiK Alert announced on Twitter that the stablecoin trading project Platypus was hit by an AAVE flash loan attack, resulting in total asset losses of approximately $9 million. Most of the stolen funds are still in the attacker’s contract address, with some being sent to the EOA and AAVE pools. According</p>