By the end of the month, a Thai lawmaker aims to obtain a court order to close down Facebook within the country. The lawmaker accuses the platform of endorsing deceitful investment schemes.
Fireblocks found a vulnerability called BitForge that affected the multi-party computation (MPC) protocol of crypto platforms like Binance and Coinbase.
An investor alert was released by Vermont in response to a 74-year-old man who lost his life savings of more than $340,000 to a crypto scam that was executed through Instagram and Telegram.
This year has seen a substantial increase in digital asset prices, bringing good news to those involved in the space. Adding to the positive developments, crypto scammers have experienced a decline in their earnings.
Senior FTX executives are accused of engaging in deceptive behavior towards banks and auditors, including providing false information, creating fraudulent documents, and relocating across jurisdictions to evade detection.
You may recall HarvestKeeper, the AI-based project that deceived users and swindled $1 million. It is anticipated that analogous AI-based scams will surge in the coming years.