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    Tag: Crypto scam

    Token Called “CZ” Surges 18,000% Following Binance CEO’s Scandal

    Cryptory.net - The crypto market is going down after Changpeng Zhao pleaded guilty and stepped down as Binance CEO, a token named “CZ” gained the community’s attention and skyrocketed 18,000% in just a few days.

    Report: Only 12 out of 78 Projects Rugpulled in Q3 2023 Had Audit Support

    Cryptory.net - While an independent third-party audit can confirm the authenticity of a project, it cannot provide assurance against a sudden withdrawal of liquidity.

    Crypto Criminals in 2023: Only $1 Billion Crypto Stolen Despite Growing Hacks

    Cryptory.net - According to the data provided by DeFiLlama, a comprehensive multi-chain cryptocurrency data statistics dashboard, it is evident that cybercriminals have successfully pilfered approximately $1 billion from the cryptocurrency market in the year 2023.

    Increasing Scams Highlight the Importance of Improved Crypto Literacy

    Cryptory.net - The situation in the Philippines, characterized by a significant rate of cryptocurrency adoption and persistent issues with fraud, sheds light on the inadequacy of the industry's reliance on the "do your own research" approach.

    Critics Claim Pond0x’s $100M Trade Volume is a Scam

    Cryptory.net - Pond0X, a DEX, surpassed $100M in trade volume on September 28. However, investors lost almost $2M due to a flaw during PNDX's token launch. Exchange supporters disagree on whether the developer is entirely responsible for these losses.

    Cracking Down: Hong Kong to List ‘Suspicious’ Crypto Platforms in Response to JPEX Scandal

    Cryptory.net - Following the recent JPEX scandal, the Hong Kong Securities and Futures Commission has announced its intention to release a public list of crypto trading platforms that are deemed suspicious.

    5 Ways to Minimize the Risk of Lazarus Group Hacking

    In this article, we will explore various countermeasures that businesses can implement to mitigate the risks associated with successful Lazarus attacks. These measures not only safeguard against Lazarus attacks specifically but also help minimize the risk of similar attacks from other groups.

    SYN Drops Sharply As Nima Capital Dumps Large Amount of Tokens

    Cryptory.net - SYN has plummeted more than 20% from $0.41 to $0.30 on Binance.

    Football Star Ronaldinho Faces Possible Arrest in Brazil for Crypto Fraud

    Cryptory.net - Brazilian soccer star Ronaldinho Gaúcho is facing possible arrest for an investigation into crypto fraud in the country.