Bitcoin scams, hacks and heists – and how to avoid them

Here’s how cybercriminals target cryptocurrencies and how you can keep your bitcoin or other crypto safe. Bitcoin is on a tear. The world’s largest digital currency by market cap passed its previous record value of nearly $69,000 in early March. It’s now worth an estimated $1.3 trillion. Yet the fluctuating value of cryptocurrency doesn’t necessarily correspond to … More Bitcoin scams, hacks and heists – and how to avoid them

Fake Ledger Live app in Microsoft Store steals $768,000 in crypto

Microsoft has recently removed from its store a fraudulent Ledger Live app for cryptocurrency management after multiple users lost at least $768,000 worth of cryptocurrency assets, writes Bleeping Computer*. Published with the name Ledger Live Web3, the fake application appears to have been present in the Microsoft Store since October 19, but the cryptocurrency theft … More Fake Ledger Live app in Microsoft Store steals $768,000 in crypto

Read it right! How to spot scams on Reddit

Do you know what types of scams and other fakery you should look out for when using a platform that once billed itself as “the front page of the Internet”? As the world’s 18th most visited website and 7th most frequented social network, it’s no surprise that Reddit also holds great allure for cybercriminals. Besides an endless number of … More Read it right! How to spot scams on Reddit

Major new crypto wallet phishing campaign targets Trezor users

Techradar reports A new phishing campaign has been discovered targeting cryptocurrency hardware wallet firm Trezor. These wallets allow crypto users to store their funds offline, rather than in a “hot wallet” (a mobile or desktop app), or with a third party (an exchange, a custodial service, or a lending/borrowing firm). Hardware wallets, also known as … More Major new crypto wallet phishing campaign targets Trezor users

FTX says $415 million lost in hack

According to the BBC, collapsed cryptocurrency exchange FTX says that around $415m (£338m) of crypto has been stolen by hackers. About $323m was hacked from its international exchange and $90m from its US platform since the firm filed for bankruptcy, FTX’s CEO says.FTX co-founder Sam Bankman-Fried has been accused of stealing billions of dollars from … More FTX says $415 million lost in hack