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.
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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.
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.
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.
Cayman Islands vs. Bahamas: How the FTX scandal impacted both jurisdictions.
The feature is still in draft form and would require a soft fork in order to be adopted into Bitcoin Core.
Nexo is reportedly still planning on finding a suitable agreement in negotiations to take over crypto lender Vauld.
Funds were converted to DAI stablecoins and bridged to the Ethereum network.
Digital asset algorithmic market maker Wintermute has been exploited for approximately $160 million in its decentralized finance operations.