Daily Crypto News & Musings

Latest News and Articles about Scams

Hong Kong Police Arrest 31 in $4.3M Deepfake Crypto Scam Crackdown

Hong Kong Police Arrest 31 in Major Crackdown on Deepfake Cryptocurrency Scams Hong Kong police have struck a significant blow against cybercriminals by arresting 31 members of a sophisticated criminal network that used deepfake technology to swindle victims out of more than $4.3 million. Deepfake technology, a type of artificial intelligence used to create or […]

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Bitcoin ATMs in Australia Surge for 29 Months, Scam Concerns Rise

Bitcoin ATMs in Australia Continue 29-Month Surge, Amidst Growing Concerns of Scams Australia’s Bitcoin ATM count has surged for 29 consecutive months, bringing the country close to matching Europe’s total and cementing its position as a global leader in the network of services supporting cryptocurrencies. As these machines become more widespread, the increase in scams […]

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Cryptocurrency Phishing Crisis: Griffin’s Loss Highlights Google Authenticator Vulnerability

23 December 2024 Daily Feed , ,

In a dramatic twist of fate, Griffin, a seemingly tech-savvy individual, found his digital assets slipping through his fingers, thanks to an elaborate phishing scam. This incident not only compromised his Google account but left his cryptocurrency holdings exposed, underscoring the urgent need for robust security measures against increasingly sophisticated cybercriminals. Griffin’s ordeal began with […]

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