Following exploit of the Nomad Bridge, Chainalysis estimates that $2 billion in cryptocurrency has been stolen across 13 separate cross-chain bridge hacks, the majority of which was stolen this year. Attacks on bridges account for 69% of total funds stolen in 2022 so far. This represents a significant threat to building trust in blockchain technology. […]
2017 was a remarkable year for the cryptocurrency industry as their rapid increase in valuations propelled them into mainstream media. Unsurprisingly, this garnered them immense interest from both the general public as well as cybercriminals. The relative anonymity offered by cryptocurrencies has made them a favorite amongst criminals who often use them to bypass traditional […]
In the crypto and blockchain world, unfortunately, we find scammers who strive to be able to directly or indirectly steal the funds of the unfortunate who for one reason or another fall victim to the same scammers. There are several scams and tricks that criminals use but this time we will focus on a really […]
The permissions feature of XPR Network is one of the most powerful and robust tools available for all XPR accounts. A well-structured and secure permission system can be the difference between a slight inconvenience and losing access to your XPR account completely. XPR Network has a unique authorization structure that has added security for you […]
In investment circles there are several elaborate methods with which scammers try to exploit unsuspecting traders. This article exposes one such method that is frequently used in unregulated investment markets, such as the cryptocurrency market – the pump and dump scheme. In so many words, pump and dump is an investment scam where scammers buy […]
A criminal complaint was unsealed today in federal court in Brooklyn, New York, charging Moises Luis Zagala Gonzalez (Zagala), also known as “Nosophoros,” “Aesculapius” and “Nebuchadnezzar,” a citizen of France and Venezuela who resides in Venezuela, with attempted computer intrusions and conspiracy to commit computer intrusions. The charges stem from Zagala’s use and sale of […]
