Category: Fake

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Scammers create spoof Blockworks site to drain crypto wallets

Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website. Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into interacting with a phishing site. A cloned Blockworks site displays a fake “BREAKING” news…
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Binance, Coinbase and Gemini staff are among the least happy, data suggests

Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt. Crypto exchanges, including Gemini, Binance and Coinbase, are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some…
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Pentagon Bomb Hoax Highlights Power of Artificial Intelligence – What Could It Mean For Crypto?

A fake photo of an explosion at the Pentagon has gone viral on social media platforms, highlighting the power of artificial intelligence.  On Monday, an AI-generated image that showed smoke billowing from the iconic building sent shock waves across social media platforms, even prompting a momentary sell-off in the US stock market. … Read More: Pentagon…
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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the…
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Scam alert: $300K stolen by fake Blur airdrop websites

Unsuspecting users looking to claim Blur token airdrops have had funds stolen by a number of fake websites. Scammers continue to prey on nonfungible token (NFT) users looking to claim Blur (BLUR) token airdrops through numerous scam websites. According to data from TrustCheck, over $300,000 has been stolen from unsuspecting users that have linked wallets…
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Fake Ethereum Denver website linked to notorious phishing wallet

Hackers continue to create fake Web3-enabled websites to fleece unsuspecting victims’ browser-based wallets, with ETHDenver being the latest victim. A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH). The popular conference saw its website duplicated by…
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Magic Eden to refund users after 25 fake NFTs sold due to exploit

Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a “massive exploit” on the platform. Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit. In a Jan.…
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Meta Still Struggling for Its Metaverse to Find Its Legs

Meta, the company formerly known as Facebook, is still struggling for its metaverse app Horizon Worlds to find its intended audience. The company, that presented a video of full new avatars, including feet this week, was criticized due to the prepared nature of the presentation. In the same way, the company lowered the goal of…
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FBI issues public warning over fake crypto apps

Fake crypto apps appear to be part of an ongoing game of whack-a-mole with app store operators. The Federal Bureau of Investigation (FBI) has issued a public warning about fraudulent cryptocurrency apps, which have swindled U.S. investors out of an estimated $42.7 million so far.  According to an advisory published on July 18 by the…
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NFT market top signal? Fake Banksy nets over $1 million in ETH from NFT sales

With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales. As the Crypto Twitter community debates the fair value of Cryptopunks and other NFTs rising to sky-high valuations, there’s at least one clear sign of the digital collectibles market growing irrational: An individual posing…
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