Crypto Rom – an international digital currency scam ring – appears to have grown heavily over just the last year. The organization works by engaging in romance scams in which both iPhone and Android users are duped into thinking someone is interested in them after meeting on Tinder and other social media apps. From there, […]
Big tech firms like Google and Amazon are on high alert about cryptojacking threats to their cloud servers. As this type of attack grows more prevalent, consumer awareness remains the key to cyber defense, experts say. Cryptojacking is a type of cyber attack whereby hackers hijack a computer’s resources and use them to mine cryptocurrencies. […]
Popular cryptocurrency wallet Trust Wallet has temporarily become unavailable in the App Store, the applications store for iOS users. The developers of the project have reported they are working to resolve the issue and users’ funds are safe thanks to the non-custodial approach: «Please be assured that your funds are unaffected as your assets are […]
Quick Take Cashio Dollar is an algorithmic stablecoin backed by USDT-USDC LP tokens. It fell foul to an “infinite mint glitch,” according to its team. A stablecoin on the Solana blockchain has been exploited for $28 million and lost practically all of its value. Cashio Dollar (CASH) is an algorithmic stablecoin that was launched by […]
A Bored Ape Yacht Club (BAYC) non-fungible token (NFT) owner has reportedly exploited a vulnerability in the smart contract that airdropped ApeCoin (APE) tokens to community members, walking away with nearly USD 380,000 in profits. The exploit of the ApeCoin airdrop was explained in detail by the digital asset manager and trading platform provider Amber […]