In a recent blog post, San Francisco-based crypto exchange Okcoin warned about “elder fraud,” adding that the elderly are the highest risk group affected by online scams. Following an investigation, the company’s risk team intercepted $1 million in stolen Ethereum and Tether and returned the tokens to the rightful owners. How Okcoin recovered the stolen … Read more
In a new Twitter thread, blockchain detective Zachxbt has revealed the identities of four people allegedly connected to various Non-fungible token (NFT) rug pulls. $2.8M made from scams In the thread on April 27, he alleged that the four people are from Croatia and had rugged nine different NFT projects, making at least $2.8 million. … Read more
On April 13, retired professional boxer Floyd Mayweather will launch a new non-fungible token (NFT) project, dubbed Mayweverse, that would offer crypto enthusiasts a collection of 5,000 NFTs that can be minted for 0.3 Ethereum (ETH) each. Mayweverse launches on Wednesday April 13thMore details about the mint on our discord! RT if you are Ready 🥊 pic.twitter.com/T8Mz4YpzXe … Read more
Manifold has come under heat after a massive dump of $ASH token following a bungled NFT drop now, Manifold is claiming that not all the blame is theirs A collaboration between digital artist Pak and Manifold to release an NFT project by Pak had gone south after the NFT failed to drop. The NFT project … Read more
A pseudonymous user, known as “s27,” today lost roughly $570,000 worth of non-fungible tokens (NFTs) after exchanging his Bored Ape Yacht Club (BAYC) #1584 and two Mutant Ape Yacht Club (MAYC) tokens for fraudulent NFTs deceptively disguised as genuine. The exchange was first spotted by crypto enthusiast Quit thanks to his Discord server configured to … Read more
Since the beginning of the year, we’ve reported about NFT scams supported by celebrities, and unfortunately, another multi-million dollar rug pull recently occurred in the NFT space The depressing scourge of NFT scams Writing this piece, it dawned on me that this is the fourth NFT rug pull I’m reporting on this year, and as … Read more
As one could have expected, April fools day sent Crypto Twitter off the charts this time. At CryptoSlate we really had to think twice before falling for any of the amazing “news” coming out of the social media platform. Anyway, we collected a few of the best tweets on Crypto Twitter during the day. Enjoy! … Read more
Arthur Cheong, the founder of crypto-asset fund DeFiance Capital who is also known as Arthur_0x on Crypto Twitter, became the latest target of a “social engineering attack” today, losing roughly $1.8 million worth of crypto and non-fungible tokens (NFTs). The only thing I can say to the hacker is: you mess with the wrong person. … Read more
Pixelmon, a non-fungible token (NFT) project that raised over $70 million earlier this month, has recently revealed the artworks for which users paid up to $10,000…and the crypto community has been having a field day with them ever since. $70 MILLION LOOOOOOOOL pic.twitter.com/GAcfAuMlsS — Cobie (@cobie) February 26, 2022 While the definition of “art” is … Read more
The U.K.’s Greater Manchester Police said it has successfully returned $5.4 million to people who fell victim to an international cryptocurrency scam totaling more than $20 million. The funds were recovered from a USB that police found in July 2021. The USB contained roughly $9.5 million worth of Ethereum at the time. The Police said … Read more
