Crypto Scam
-
{
- All
- News
- Videos
-
Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
-
US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
-
Drift Exploit Claims Its First Victim as DeFi Protocol Carrot Shuts Down
Solana-based DeFi protocol Carrot is shutting down after suffering losses linked to the Drift Protocol exploit. The platform said the incident severely affected its operations and has asked users to withdraw funds before the May 14 deadline.
-
Nine Crypto Scam Centres Targeting US Users Shut Down in Joint Operation Involving UAE, US and China
A joint operation involving authorities from the UAE, the US, and China led to the shutdown of nine crypto scam centres and the arrest of 276 individuals. The crackdown targeted fraudulent investment platforms and cross-border money laundering activities linked to crypto scams.
-
Kelp Exploit Aftermath: DeFi Protocols Join Hands to Restore rsETH Following $293 Million Hack
Several DeFi protocols have joined forces to restore rsETH backing after a $293 million exploit at Kelp DAO. The initiative, dubbed “DeFi United,” has already secured significant Ether commitments as platforms work together to address liquidity and bad debt issues in the ecosystem.
-
Volo Freezes Funds, Limits Damage After $3.5 Million Sui Blockchain Exploit
Sui-based DeFi protocol Volo reported a $3.5 million breach affecting select vaults. The team has frozen a portion of the stolen funds and said unaffected vaults remain secure. The protocol also plans to absorb losses as concerns around DeFi security continue to grow.
-
Zerion Links Crypto Cyberattack to North Korean Hackers Using AI Tactics
Zerion revealed that North Korean-linked hackers used AI-enabled social engineering to carry out a cyberattack, resulting in a $100,000 loss. While user funds remained safe, the incident highlights evolving threats in the crypto ecosystem. Experts warn that increasingly sophisticated tactics are making attacks harder to detect.
-
Web3 Hacks Cost $482 Million in Q1 2026 as Hackers Lean on Phishing, Social Engineering
Web3 hacks resulted in $482 million in losses in Q1 2026, according to a Hacken report. While losses declined year-on-year, phishing attacks and social engineering remained the biggest threats. The findings highlight ongoing security challenges as attackers continue to exploit vulnerabilities across crypto platforms.
-
Swipe, Chat, Invest: How Iran Is Using Dating Apps To Target Americans
US-Iran War: An alleged crypto scam network linked to the Iranian regime is targeting Americans on dating platforms such as Tinder and Bumble.
-
US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
-
UK NCA-Led Operation Atlantic Freezes $12 Million Funds Tied to Approval Phishing Scams
Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scams. The initiative identified over 20,000 victims and highlighted the growing threat of approval phishing attacks. Authorities are increasing international cooperation to tackle organised digital asset fraud.
-
Blockchain Sleuth Claims DPRK Unit Made $1 Million a Month Posing as Crypto IT Workers
A North Korean hacking unit allegedly earned over $3.5 million by posing as IT workers and infiltrating crypto projects. The group used fake identities, forged documents, and coordinated through shared platforms to carry out fraud and move funds. The findings highlight growing concerns around state-backed cyber activity in the crypto sector.
-
Solana Foundation Launches STRIDE Network to Strengthen DeFi Security
The Solana Foundation has launched the STRIDE Network to improve security across DeFi protocols. Developed with Asymmetric Research, the framework evaluates projects across multiple risk areas and introduces a real-time incident response network. The move comes amid rising exploit cases, as the industry looks to strengthen transparency, monitoring,...
-
Crypto Hack Losses Drop to $168.6 Million in Q1 2026 Despite Ongoing Risks
Crypto hackers stole $168.6 million in Q1 2026, marking a sharp drop from last year’s record losses. Data from DeFiLlama shows that most exploits targeted DeFi protocols, with compromised admin accounts and price manipulation dominating attack methods. Despite the decline, experts warn that risks remain as cybercriminal activity continues to foll...
-
World's Oldest Tortoise Reported Dead, Turns Out To Be Alive
Jonathan is a Seychelles giant tortoise and is believed to be the world's oldest known terrestrial animal.
-
Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
-
US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
-
Drift Exploit Claims Its First Victim as DeFi Protocol Carrot Shuts Down
Solana-based DeFi protocol Carrot is shutting down after suffering losses linked to the Drift Protocol exploit. The platform said the incident severely affected its operations and has asked users to withdraw funds before the May 14 deadline.
-
Nine Crypto Scam Centres Targeting US Users Shut Down in Joint Operation Involving UAE, US and China
A joint operation involving authorities from the UAE, the US, and China led to the shutdown of nine crypto scam centres and the arrest of 276 individuals. The crackdown targeted fraudulent investment platforms and cross-border money laundering activities linked to crypto scams.
-
Kelp Exploit Aftermath: DeFi Protocols Join Hands to Restore rsETH Following $293 Million Hack
Several DeFi protocols have joined forces to restore rsETH backing after a $293 million exploit at Kelp DAO. The initiative, dubbed “DeFi United,” has already secured significant Ether commitments as platforms work together to address liquidity and bad debt issues in the ecosystem.
-
Volo Freezes Funds, Limits Damage After $3.5 Million Sui Blockchain Exploit
Sui-based DeFi protocol Volo reported a $3.5 million breach affecting select vaults. The team has frozen a portion of the stolen funds and said unaffected vaults remain secure. The protocol also plans to absorb losses as concerns around DeFi security continue to grow.
-
Zerion Links Crypto Cyberattack to North Korean Hackers Using AI Tactics
Zerion revealed that North Korean-linked hackers used AI-enabled social engineering to carry out a cyberattack, resulting in a $100,000 loss. While user funds remained safe, the incident highlights evolving threats in the crypto ecosystem. Experts warn that increasingly sophisticated tactics are making attacks harder to detect.
-
Web3 Hacks Cost $482 Million in Q1 2026 as Hackers Lean on Phishing, Social Engineering
Web3 hacks resulted in $482 million in losses in Q1 2026, according to a Hacken report. While losses declined year-on-year, phishing attacks and social engineering remained the biggest threats. The findings highlight ongoing security challenges as attackers continue to exploit vulnerabilities across crypto platforms.
-
Swipe, Chat, Invest: How Iran Is Using Dating Apps To Target Americans
US-Iran War: An alleged crypto scam network linked to the Iranian regime is targeting Americans on dating platforms such as Tinder and Bumble.
-
US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
-
UK NCA-Led Operation Atlantic Freezes $12 Million Funds Tied to Approval Phishing Scams
Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scams. The initiative identified over 20,000 victims and highlighted the growing threat of approval phishing attacks. Authorities are increasing international cooperation to tackle organised digital asset fraud.
-
Blockchain Sleuth Claims DPRK Unit Made $1 Million a Month Posing as Crypto IT Workers
A North Korean hacking unit allegedly earned over $3.5 million by posing as IT workers and infiltrating crypto projects. The group used fake identities, forged documents, and coordinated through shared platforms to carry out fraud and move funds. The findings highlight growing concerns around state-backed cyber activity in the crypto sector.
-
Solana Foundation Launches STRIDE Network to Strengthen DeFi Security
The Solana Foundation has launched the STRIDE Network to improve security across DeFi protocols. Developed with Asymmetric Research, the framework evaluates projects across multiple risk areas and introduces a real-time incident response network. The move comes amid rising exploit cases, as the industry looks to strengthen transparency, monitoring,...
-
Crypto Hack Losses Drop to $168.6 Million in Q1 2026 Despite Ongoing Risks
Crypto hackers stole $168.6 million in Q1 2026, marking a sharp drop from last year’s record losses. Data from DeFiLlama shows that most exploits targeted DeFi protocols, with compromised admin accounts and price manipulation dominating attack methods. Despite the decline, experts warn that risks remain as cybercriminal activity continues to foll...
-
World's Oldest Tortoise Reported Dead, Turns Out To Be Alive
Jonathan is a Seychelles giant tortoise and is believed to be the world's oldest known terrestrial animal.
