Singapore Authorities Issue Warning on Rising Crypto Drainer Attacks
Singapore issues advisory on growing crypto drainer threat. Urges hardware wallet use, thorough research, and prompt reporting to mitigate risks.

Singapore issues advisory on growing crypto drainer threat. Urges hardware wallet use, thorough research, and prompt reporting to mitigate risks.
The CLINKSINK heist underscores the vulnerability of cryptocurrency users, urging a collective effort within the community to enhance awareness and implement security measures in the face of evolving cyber threats.
$4.4M in Chainlink stolen by Pink Drainer in sophisticated cyber heist.
On-chain data reveals that the victim lost a total of 275,700 LINK, currently valued at $4.33 million, in two rapid transactions within a minute of approving the transaction.
On Christmas Day, cryptocurrency scammers managed to siphon off a staggering $3 million from unsuspecting victims. Employing a tactic using Google Ads to direct users to fake websites equipped with wallet-draining software, these scammers continue to plague the cryptocurrency landscape with their malicious schemes.
Neon Machine, the studio behind Shrapnel, faces a legal battle with allegations of a coup by investors. Despite the internal turmoil, the game's development continues. Concerns arise over potential financial motives impacting Shrapnel's funding and stability. Neon Machine reassures the community of maintaining control over the project.
Inferno Drainer's shutdown highlights challenges and opportunities in combating cryptocurrency fraud, leaving the community with a mix of relief and vigilance.
Inferno Drainer, a leading crypto wallet-draining service, bows out after orchestrating phishing scams that resulted in the theft of nearly $70 million in cryptocurrency. The team ensures a smooth transition for users, but concerns persist about the potential rise of new threats in the crypto underworld.
Funds were converted to DAI stablecoins and bridged to the Ethereum network.
Investing in blue-chip coins like Ethereum is a great way to make reliable returns from the crypto market. But if ...