The "Tech Against Scams" coalition, comprising of Coinbase, Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO), has united to combat the escalating problem of online fraud and financial schemes.
CatherineSocial media platforms, particularly Meta's, are increasingly targeted by scammers worldwide, raising concerns about user safety and the effectiveness of platform moderation. Despite efforts to combat scams, Meta's response to fabricated news and inadequate safety measures underscore the ongoing challenge of protecting users from online threats.
WeatherlyThe SlowMist Security Team and the Rabby Wallet Team discovered a phishing attack using Google ads.
JinseFinanceSouth Korean crypto exchanges successfully stopped cybercriminals from stealing over $82 million through romance scams. Their secret weapon: abnormal transaction detection systems that actively spot and block fraudulent activities, providing a robust defence against online scams.
JoyWhat wallet thieves are there in 2023? How do they initiate fishing activities? What are the common phishing signatures?
JinseFinanceA case involving digital collectibles surfaced, shedding light on a deceptive fundraising scheme. Unaware bidders, lured into impulsive investments, found themselves unwitting participants in a pyramid scheme. Investigations revealed that the platform in question absorbed over 1.34 million yuan from thousands of users, resulting in a total loss of more than 410,000 yuan for the victims.
JoyBump assisted a 17-year-old high school student in dealing with issues related to a blocked account on a cryptocurrency exchange.
OliveA phishing operation operating under the alias FrenTechPro, masquerading as the Friend.Tech tool, has reportedly siphoned off around $214,000 in crypto from seven blockchains.
KikyoTerra’s website has been breached, with urgent phishing scam warnings being announced to warn users to avoid engaging with the terra(dot)money domain till there’re further updates.
CatherineIn addition to fake ETH 2.0 tokens and malicious token airdrops, cryptocurrency users should also be wary of staking pools offering attractive staking yields.
Cointelegraph