Tag: scam warning

Cryptory.net - Over the past 9 months, a lot of fraudulent websites have been linked to “Wallet Drainers” malware, stealing tens of millions of dollars from users.

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.

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.

Cryptory.net - On-chain detective ZachXBT recently warned the community of a project on Base Network that may be a crypto scam.

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.

Cryptory.net - Philippine National Police said that such crypto games have even bigger risks than directly investing in cryptocurrencies.

As per the authorities, many exchanges enabled cybercriminals to violate the anti-money laundering protocols.

ZachXBT reported that a suspected scammer had launched approximately 114 projects within the last 45 days.

Scams seem to be a trend this year even though the market is slowing down. A new type of crypto scam on Youtube has grown sixfold in 2022.