Coinbase In Hot Seat After Crypto Sleuth Uncovers Scam Tactics
Coinbase is now facing a lot of public attention after ZachXBT, a crypto investigator, broke out news of a shocking social engineering scam that targeted Coinbase users, taking away a whopping $300 million of losses. Related Reading: Trump Tariffs Hit Crypto Hard: Bitcoin Crashes To $93K In Market Shake-Up Generally, scammers impersonate agents of Coinbase […]
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Worldcoin (WLD) has come under heavy criticism following a recent development, which led to talks about potential price manipulation by the team. Prominent crypto on-chain sleuth ZachXBT also reacted to these price manipulation allegations, suggesting that the Worldcoin team may actually be guilty of them. “Biggest Scam Token Of The Bull Run” ZachXBT recently described […]
The crypto community has raised the alarm about an ongoing phishing scam targeting investors after scammers posing as crypto exchange Coinbase successfully drained nearly $2 million over the weekend. The scam is reportedly related to the CoinTracker security breach from 2022. Related Reading: Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors $1.7 Million Drained […]
Coinbase moved to freeze more than $3 million in crypto linked to scam networks operating across Southeast Asia, a move that came as US authorities and private firms widened a joint campaign against fraud rings that have drained billions from Americans. The freeze was announced during Disruption Week, a coordinated push led by the DOJ’s […]
Crypto scams are on the rise and the scammers are getting more sophisticated with their tactics. Some, however, have continued to use old and known tricks which have continued to garner more victims. Most of these crypto scams are perpetrated on social media platforms that are expected to take on the burden of keeping their […]
As the bitcoin market matures and digital assets generate interest, widespread pump and dump tactics proliferate. One example is Safemoon. In such schemes, well-known individuals utilize their prominence to promote a cryptocurrency and so boost its price, while simultaneously planning a big sell-off of their remaining supply of the coin at the “inflated” price. Ben Phillips, […]