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Scammers Exploit Solana Token Feature to Burn Users’ Crypto

Scammers are taking advantage of Solana’s “Permanent Delegate” feature to burn users’ tokens shortly after purchase.Scammers have found a new way to defraud Solana users by exploiting the blockchain’s ”Permanent Delegate” extension which allows them to burn tokens shortly…

byCoinpaper News

September 4, 2024

Over $300 Million Stolen in August Crypto Hacks

Throughout the month of August, more than 10 cyber attacks hit the crypto industry, and resulted in losses worth more than $313 million.In August 2024, the crypto industry lost $313.86 million in digital assets due to cyber attacks. During…

byCoinpaper News

September 2, 2024

cp6225 three computers with warning tape around them 837116c7 a847 4e3a 8d1e 44101bd70e23 66ffd75141 1 - Polygon, Avalanche & ZKsync Discords Hacked in Rapid Succession

Polygon, Avalanche & ZKsync Discords Hacked in Rapid Succession

The crypto community was left reeling after the official Discord servers of Polygon, Avalanche and ZKsync were hacked to spread malicious links.The official Discord servers of Avalanche, ZKsync, and Polygon were all hacked in a series of cyberattacks. These…

byCoinpaper News

August 26, 2024

McDonald’s Instagram Hacked, Scammers Steal $700,000 in Solana

Scammers stole $700K in Solana after hacking into the Instagram account of McDonald’s and promoting a fraudulent token named GRIMACE.McDonald’s official Instagram account was hacked on Aug. 21. The hacked account promoted a fraudulent meme coin named “Grimace,” and…

byCoinpaper News

August 22, 2024

Australia Cracks Down on Over 600 Crypto Scams in a Year

ASIC also pointed out that investors are in danger because of the growing threat of AI and deepfake technology.Australia’s financial regulator, ASIC, has taken down more than 600 crypto scams in the past year. Despite this, scams are still…

byCoinpaper News

August 19, 2024

cp6225 group of hackers working in a dark room tech style 0cc8db1e 3327 4399 8668 dc05f2b01ce5 85a026c67a 1 - Crypto Crime Takes a New Turn with Rising Hacking & Ransomware Threats

Crypto Crime Takes a New Turn with Rising Hacking & Ransomware Threats

Chainalysis reported that the overall illegal crypto transactions declined by over 19% year-to-date, but there has been a concerning increase in losses due to hacks and ransomware.In 2024, crypto-related cybercrime saw a resurgence in hacking and ransomware activities despite…

byCoinpaper News

August 16, 2024

cp6225 QR code on a phone screen tech style 55b3e43b 210f 4c08 8f83 8d7807b6c45b 3a9e77a08e 1 - QR Code Scam Targets Crypto Holders in Latest Wave of Cyberattacks

QR Code Scam Targets Crypto Holders in Latest Wave of Cyberattacks

Bitrace shared that at least 27 wallet holders lost more than $120K in USDT to the scam between July 11 and July 17.Bitrace has warned crypto users about a QR code scam that tricks victims into authorizing wallet access…

byCoinpaper News

August 9, 2024

cp6225 imagine of fire on a computer screen 5d4c348b 45e7 47f9 b027 f81a6e20bfcc c45fa14b43 1 - Nexera Burns 32.5M NXRA Tokens After Major Security Breach

Nexera Burns 32.5M NXRA Tokens After Major Security Breach

Nexera burned millions of NXRA tokens that were involved in its Aug.7 hack to prevent the stolen tokens from being used, traded, or circulated in the market.Nexera has burned 32.5 million NXRA tokens that were involved in a recent…

byCoinpaper News

August 8, 2024

Hacks Cost the Crypto Ecosystem Close to $266 Million in July

There were 16 separate hacking incidents in July, but Indian crypto exchange WazirX suffered the largest losses.In July, the crypto space suffered 16 individual hacks, which resulted in close to $266 million in losses. Efforts to fight against these…

byCoinpaper News

August 1, 2024

cp6225 someone having a meeting on a hacked computer tech style fc81b986 dfaf 49bc b9cb 4b9575cffe87 2b715d2cf9 1 - Fake Zoom Links Used in New Crypto Theft Scheme

Fake Zoom Links Used in New Crypto Theft Scheme

Scammers have already stolen more than $300,000 in crypto through the new sophisticated scam that involves fake Zoom links.Crypto scammers are targeting NFT holders and crypto holders with a new scheme involving fake Zoom links. By sending malicious Zoom…

byCoinpaper News

July 23, 2024