Why FTX Will Compensate Users Affected By 3commas Phishing Scam

Why FTX Will Compensate Users Affected By 3commas Phishing Scam

FTX responded to the report about 3comma, the website for automated trading users exploited on their platform. The crypto exchange CEO, Sam Bankman Fried, said bad actors used a phishing scheme to steal critical information and millions of dollars in cryptocurrency.  Related Reading: Why Bitcoin And NFTs Are Attracting The Super Wealthy In Hong Kong […]


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3Commas issues security alert as FTX deletes API keys following hack

3Commas and FTX conducted a joint investigation in relation to reports from users of unauthorized trades on the DMG trading pairs on FTX. Automated crypto trading bot provider 3Commas issued a security alert after identifying certain FTX API keys being used to perform unauthorized trades for DMG cryptocurrency trading pairs on the FTX exchange.3Commas and FTX conducted a joint investigation in relation to reports from users of unauthorized trades on the DMG trading pairs on FTX. The duo identified that hackers used new 3Commas accounts to perform the DMG trades adding that “The API keys....

FTX to give a 'one-time' $6M compensation to phishing victims

FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain FTX users’ accounts. FTX founder and CEO Sam Bankman-Fried posted in a Twitter thread on Oct. 23 that the exchange generally doesn’t award compensation to its users “phished by fake versions of other companies in the space” but in this case, it would compensate....

Binance CEO Changpeng Zhao Warns Users Of SMS Phishing Scam

CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirecting users to a malicious website to harvest credentials. Changpeng Zhao tweeted on Friday There is a massive Phishing scam via SMS with a link […]

Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’

Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below. According to the Binance boss, scammers sent SMS messages to cryptocurrency investors....

Urgent News: Bitcoin Wallet MultiBit Phishing Scam - Beware!

It has been reported on Reddit by numerous users throughout today's session that some users of wallet company MultiBit have become the (attempted) victims of a phising scam. While it is still far too early to speculate on the nature of the scam, who is behind it or even how many (and to what extent) users have been affected, we thought you guys and girls wouldn't mind a quick bulletin - purely to try and stop as many further potential attacks as possible. As usual - the advice is, DON'T CLICK THE LINK! From what we can tell from the screenshots provided my Reddit users, the scam is masked....