DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

CRYPTO AND CYBER SECURITY NEWS

Crypto Traders Lost $3.5 Billion Investments To Scammers In 2022: Study Reveals.

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Global cryptocurrency markets are unstable after the infamous FTX implosion wiped an estimated $2 billion in investors’ funds. But a new survey reveals that nearly double that amount has been lost to scams and ‘rug-pulls’ across 2022. These scams can…

Four Crypto Billionaires Die In Mysterious Circumstances Within Weeks.

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The deaths of prominent crypto CEOs in the space of weeks has left many in the industry puzzled. Vyacheslav Taran, Founder Tiantian Kullander, Javia Biosca and Nikolai Mushegian died in circumstances best termed mysterious. Russian crypto billionaire and Libertex Group…

Tech War: Apple Threatens To Yank Twitter Off App Store; Elon Musk Alleges.

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Late on Monday, Elon Musk accused Apple of threatening to remove Twitter from its App Store without giving a reason to the social media platform in a series of tweets he shared. Twitter’s new owner also said the iPhone maker…

Cameroon Losses 12.2 Billion To Cybercrime: Report Shows.

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The National Agency for Information and Communication Technologies (ANTIC) reported that cybercrime caused financial losses of CFA12.2 billion to the Cameroonian economy in 2021, which is double the losses reported in 20192. These losses were primarily due to scamming and…

Men Sentenced For Using Sim Swapping To Steal Cryptocurrencies.

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Two men from Massachusetts, USA, were sentenced last Wednesday for an extensive scheme to take over victims’ social media accounts and steal their cryptocurrency using techniques such as “SIM swapping,” computer hacking, and other methods. Meiggs and Harrington targeted at…

Crypto Hackers Stole Over $3 Billion In 125 Hacks In 2022 Q3.

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Recent data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year….

Binance BNB Smart Chain Paused Over Multimillion Dollar Hack; The Biggest Hack?

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Binance BNB Smart Chain Paused Over Multimillion Dollar Hack. The cryptocurrency market witnessed another hack attempt on the BNB Chain was exploited by hackers,CEO of Binance Changpeng Zhao (CZ) revealed on Twitter that the cross-chain bridge and the BSC Token…

MEV Bot Loses Over $1 Million Within An Hour Of Flip Heist.

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An MEV bot operator earned massive profits worth $1 million by seizing an arbitrage opportunity,however, it was tricked into authorizing a malicious transaction that resulted in a 1,100 ETH loss within an house . MEV bot, or Maximal Extractable Value…

Internet Hackers Attack Nigerian Bank, Steal N523 Million.

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Suspected internet fraudsters hacked into the server of an old generation bank and stole a whopping sum of N523,337,100,00 from a customer’s account.  The Public Relations Officer (PPRO) of the Police Special Fraud Unit (PSFU) Ikoyi, Lagos, SP Eyitayo Johnson,…

Crypto Scams On YouTube Bursts To 335% In First Half Of 2022.

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Crypto scams that promises unbelievable giveaways have grown into a dark web market and has several services designed to support fraudulent activities. The number of these YouTube domains represent an increase of 335% over the volume recorded in 2021, with…


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