EFCC Convicts Man For Duping Australian In Crypto Scam.
The Economic and Financial Crimes Commission, EFCC, arraigned Moses Upkonahusi over $5,576 cryptocurrency fraud perpetrated in Abuja before Justice Mohammed Zubair of the FCT High...
Nigeria Loses $706,452 To Cyber Ransomes: Survey.
A recent survey report carried out by a global cyber security firm Sophos shows that a total of $706,452 has been paid in ransom to...
A Whopping $3.8 Billion In Crypto Lost To Scammers In 2022: Chainalysis.
Latest report shows that a record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by...
Cameroon Losses 12.2 Billion To Cybercrime: Report Shows.
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...
Men Sentenced For Using Sim Swapping To Steal Cryptocurrencies.
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...
Crypto Hackers Stole Over $3 Billion In 125 Hacks In 2022 Q3.
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...
Binance BNB Smart Chain Paused Over Multimillion Dollar Hack; The Biggest Hack?
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...
MEV Bot Loses Over $1 Million Within An Hour Of Flip Heist.
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...
Crypto Scams Drop Following the Exit of Gullible Newbies in 2022: Chainalysis Report
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was...
North Korean Hackers Stole $400M Worth of Crypto In 2021: Chainalysis
Dictator Kim Jong-Un nation of North Korea crypto hackers stole almost $400 million in crypto through cyber attacks in 2021 according to new data from...