FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses in the process. Sim swapping, account theft and tech support staff are the means to accomplish these attacks. FBI Anticipates Cryptocurrency Attacks The FBI issued a warning against upcoming attacks on cryptocurrency exchanges and holders last week. The warning was distributed using the TLP....
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The crypto industry is always subject to different kinds of security threats, with hackers and scammers developing new methods every now and then. As crypto adoption grows, so do the threats facing digital asset owners. While recent data have shown that crypto hacks regarding Web3 and DeFi platforms have been falling in the first half […]
Bitcoin and digital currency companies are always under threat by hackers and cybercriminals. Until now most of the threats faced by bitcoin exchanges, wallets, payment processors and others are external ones. But it need not remain the same. One of the reasons why bitcoin businesses do not face internal threats is because they are small and most of them are still in the startup stage where the founding members of the company make up for a majority of the workforce. However, bitcoin businesses are growing these days, which also means that these companies will soon be expanding and adding....
According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey Polls 1,000 US Crypto Owners, Respondents Invest $7,245 on Average Since the inception of Bitcoin in 2009, a number of people have lost coins along the way and this has spread to the myriad of crypto assets in existence today. Just recently, researchers at cryptovantage.com published a study that....
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency.
FBI Warns of Crypto Liquidity Mining Scam
The Federal Bureau of Investigation (FBI) issued an investor alert Thursday warning crypto owners of a scam targeting them. The law enforcement agency announced:
The FBI is issuing this public service announcement to warn American citizens about a cryptocurrency scam....
In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable. An average crypto asset holder in Great Britain would be young, male and hodler. And they would consider crypto to be a ‘fun investment.’ Such are the findings from the fresh research, conducted by Her Majesty Revenue and Customs (HMRC) with the help of research agency Kantar UK and published on Tuesday. Taking a quantitative approach, the research sought to establish the prevalence of owning crypto assets, the types and amounts held, and the platforms individuals use to buy crypto....