Discover expert strategies and tips to safeguard yourself against the surge in crypto gaming scams in 2024.
Browsing: Web3 Fraud
“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to transact with digital currency in a business environment where crypto fraud is rampant,” states Merkle Science CEO, Mriganka Pattnaik.
Institutions face the challenge of navigating an already intricate regulatory environment, further compounded by the emergence of sophisticated criminal methodologies involving cryptocurrencies and AI technologies.
Explore the surge in crypto heists in 2024 and what it means for digital asset security. Discover the trends indicating a concerning rise in crypto-related crimes.
Discover the shocking details of Inferno Drainer, the 2023 crypto scam that stole over $80 million. Group-IB exposes the tactics and warns how to protect your digital assets.
Their efforts included facilitating asset transfers, onboarding police officers, creating segregated wallets, and navigating the complexities of handling illicit cryptocurrency assets held by the perpetrators.
Braden John Karony, Thomas Smith, and Kyle Nagy are alleged to have diverted significant sums from the purportedly “locked” SFM liquidity pool for personal luxuries.
During Q3 2023, the industry experienced a sharp increase in attacks, with a 153% surge in single incidents compared to the same period last year, soaring from 30 to 76.
Despite serious motivations to adopt crypto, mass scale adoption is not happening. Alex Zeltcer, CEO & Co-founder of nSure.ai explains – what is holding it back?
Self provides a definitive solution to the $5.2 trillion problem of fraud.