The unpeer-reviewed study links 4,224 contracts to 5,742 victim addresses, while its Avalanche count and collection cutoff conflict.
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Act 482 takes effect Aug. 1, while clearly disclosed document requests can reset the 90-day payment clock.
The post Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators appeared first on CryptoSlate.
Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fake crypto wallet, adding to a growing list of malicious wallet apps that have reached users despite the company’s screening process. The lawsuit, filed July 24 in California, accuses Apple of failing to adequately review […]
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About $31.69M in combined bridge losses and B²'s July 22 staking suspension reveal three distinct control failures.
The post Two Ethereum bridges lose $31.7M within hours as third protocol halts staking appeared first on CryptoSlate.
The filings show an asset-first strategy, but restraint, forfeiture and victim repayment remain separate stages.
The post US targets $26.4 million in five crypto scam cases as DOJ says $800 million recovered appeared first on CryptoSlate.
More than 380 investors supplied the funds, while court approval, penalties and any recovery remain unresolved.
The post 380 investors face Bitcoin mining losses after alleged $22M US scheme put just 13% into mining appeared first on CryptoSlate.
Prosecutors say eight entities were used as investor funds moved through financial institutions and crypto exchanges, with new money repaying earlier investors.
The post Crypto investor charged with using 8 companies and new investor cash to keep an alleged $20M fraud alive appeared first on CryptoSlate.
Investigators reportedly followed Bitcoin-funded gift cards to Uber Eats deliveries, showing both sides of software-mediated wallet risk.
The post Crypto malware in 8 Steam games steals tokens after leaving trail to Uber Eats deliveries appeared first on CryptoSlate.
Relay says the money spent is gone, while private keys and unrelated balances remain untouched.
The post Robinhood Chain tokens are reportedly vanishing from wallets causing buyers to lose funds appeared first on CryptoSlate.
The Thailand case shows how cross-chain token swaps can complicate tracing across services, assets and borders.
The post One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in appeared first on CryptoSlate.
DOJ’s account separates a forfeiture order from the unresolved question of who could authorize a transfer.
The post Convicted scammer’s “seized” crypto moves to unknown wallets while in prison as DOJ failed to secure funds appeared first on CryptoSlate.
FBI and IC3 data show how online coercion can end at a kiosk before anyone can stop the transfer.
The post Why Bitcoin ATMs are becoming the last stop in America’s $11B crypto scam pipeline appeared first on CryptoSlate.
HB 505 tests whether caps, receipts, warnings, and conditional refunds can shift fraud costs onto kiosk businesses.
The post Florida’s new crypto ATM law makes scam refunds the cost of doing business appeared first on CryptoSlate.
On June 23, the US Treasury sanctioned nine individuals and 26 entities linked to the Prince Group transnational criminal organization and proposed expanding its Huione Group rule to include H-Pay Service PLC and any successor entity, tying both actions to Southeast Asia scam networks that cost Americans at least $10 billion in 2024. OPSeC, announced […]
The post US Treasury’s $10B scam warning shows why crypto is racing to police itself appeared first on CryptoSlate.
Binance co-founder Yi He warns of an alleged impersonator referred to as “Zhu Pan” in Chinese-language posts as CoinUp distances itself from the individual.
Think your wallet is safe? A major crypto risk may start with a Google search and one wrong click.
Rodney “Bitcoin Rodney” Burton faces a maximum sentence of five years in federal prison for conspiracy to operate an unlicensed money transmitting business.
The bill avoids market regulation while trying to rebuild federal coordination for hacks, tracing, and victims.
The post Congress moves to rebuild crypto crime task force after DOJ dismantled its dedicated crypto team appeared first on CryptoSlate.
Socket's May 24 disclosure of TrapDoor found more than 34 malicious packages and over 384 related versions spread across npm, PyPI, and Crates.io, each targeting the developers who build and maintain protocols, and the credentials that govern access to the systems around them. What TrapDoor built is a route from a single developer's compromised machine […]
The post The next big DeFi exploit will start before the code is deployed appeared first on CryptoSlate.
THORChain’s suspected multichain exploit and emergency halt on May 15 has turned into another DeFi security incident, and another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated global node-pause updates. One public alert described the likely exploit affecting Bitcoin, Ethereum, BSC, and Base, […]
The post THORChain exploit turns emergency chain halt into a DeFi trust test appeared first on CryptoSlate.
The XRP Ledger (XRPL) is seeing a drastic rise in fraud attempts targeting its users as the network draws more institutional activity, higher transaction volumes, and renewed attention from XRP traders. On May 14, David Schwartz, the former chief technology officer at Ripple, published a public warning regarding the increasing scam efforts targeting the XRPL […]
The post Ripple insider warns XRP holders as fake airdrop scams surge across XRPL appeared first on CryptoSlate.
A crypto founder had his laptop compromised when he joined what appeared to be a Microsoft Teams call with Pierre Kaklamanos, a Cardano Foundation contact he had spoken with before. When “Pierre” reached out about Atrium and sent a Teams invite, nothing looked out of place. On the call, the face and voice matched what […]
The post AI scams in crypto approach breaking point – OpenAI’s new image model shows why they could get worse appeared first on CryptoSlate.
On Apr. 22, a malicious version of Bitwarden's command-line interface appeared on npm under the official package name @bitwarden/cli@2026.4.0. For 93 minutes, anyone who pulled the CLI through npm received a backdoored substitute for the legitimate tool. Bitwarden detected the compromise, removed the package, and issued a statement saying it found no evidence that attackers […]
The post For 93 minutes, installing Bitwarden’s ‘official’ CLI turned laptops into launchpads for hijacking GitHub accounts appeared first on CryptoSlate.
RAVE briefly crossed a $6.7 billion valuation on Apr. 18 before collapsing nearly 95% in hours. The market infrastructure surrounding the token, consisting of thin float, concentrated supply, and a live perpetual market, drove the scale of both the rally and the destruction. ZachXBT alleged that insiders controlled more than 90% of RAVE's supply, with […]
The post How crypto futures markets are feeding ‘scam coin’ insider pump and dumps appeared first on CryptoSlate.
Sanmar Herald’s plea over the radio captured the new reality in Hormuz, fake crypto clearance, real gunfire The latest geopolitical risk to crypto from the Strait of Hormuz has come via radio from a tanker under fire. “Sepah Navy, Sepah Navy, this is Motor Vessel, Sanmar Herald. You gave me clearance to go. My name, […]
The post Oil tanker attacked after falling for crypto scam granting fake Strait of Hormuz safe passage appeared first on CryptoSlate.
Kraken says it is being extorted by a criminal group threatening to release internal material after two support staff members improperly accessed limited customer data. In a security update published by chief security officer Nick Percoco on X, the crypto exchange said it identified two cases of inappropriate access to client support data, revoked access, […]
The post Kraken is actively being extorted by criminals threatening to release the top crypto exchange’s internal data appeared first on CryptoSlate.
A worrying pattern has formed in the crypto sector. Reports say that about four in five projects hit by major hacks do not fully recover. Money is lost, yes. But the deeper damage is often to trust — and that can be fatal. Related Reading: Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism Trust Erodes Fast When a breach is found, users pull funds quickly. Partners step back. Liquidity dries up. Industry experts, including Immunefi CEO Mitchell Amador, warn that slow or unclear responses can push entire communities away. Some projects try to fix code quietly. That can fail. Silence is sometimes treated as hiding. Panic spreads. Confidence drops. “Nearly 80% of projects that suffer a hack never fully recover,” Amador pointed out. The primary reason, he said, is not the initial loss of funds, but the “breakdown of operations and trust during the response.” How Teams Respond Can Decide Fate Reports note that incident plans are rare and that the absence of a clear playbook hurts more than the bug itself. A quick, honest update can calm people. A slow, confused reaction makes things worse. In many cases, even after the technical flaw is fixed, the project stays damaged because users left and did not return. Some teams are rebuilt under new names. Others never regain attention. The human side of recovery matters a lot. Amador said many protocols freeze once an exploit comes to light. According to him, teams often underestimate how exposed they are and lack the operational readiness needed to handle a serious security breach. Security Problems Are Changing The attacks are not all the same. Smart contract bugs remain a big cause. But now simple human errors, like leaked keys or social tricks, are also common. Reports say that losses in recent years have grown into the billions, with one figure around $3.4 billion lost in a single year. That number shows the scale of the risk. Community Reaction Shapes Outcomes A project can be technically repaired. But the people who used it may have moved on. Communities are fragile. Some founders try to refund users or set up funds to cover losses. That can help. Other teams decide to close down the service and focus on other work. The decision is sometimes made for them when liquidity vanishes and partners cut ties. Recovery is often not just a technical task; it is a rebuild of trust and reputation. Data from Chainalysis shows the $1.4 billion Bybit hack accounted for almost half of crypto losses in 2025. Related Reading: What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs? Huge Damage Crypto hacks jumped sharply in 2025 as attackers hit both large platforms and private wallets. Based on reports, total losses reached $3.4 billion, the biggest annual figure since 2022. Just three breaches were responsible for nearly 70% of that damage by early December, with the $1.4 billion Bybit exploit standing out as the largest. Featured image from Unsplash, chart from TradingView
In an exclusive interview with CoinDesk, Immuneifi’s CEO, Mitchell Amador, said onchain security is improving despite losses continuing to rise.
Investors logged into glossy crypto trading dashboards showing five-figure “profits,” then found themselves blocked from withdrawing a cent unless they first wired extra “taxes” or “loan repayments” to overseas accounts. When victims tried to cash out, the platforms demanded advance fees to “unlock” their accounts, yet never released any money. On Dec. 22, the SEC […]
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Coinbase said a former customer support agent was arrested in India as investigators probe a breach tied to insider bribery and customer data theft. Chief Executive Officer Brian Armstrong said on Dec. 27 that the arrest involved a former support agent and thanked Hyderabad Police for assistance in the ongoing investigation. The update puts attention […]
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