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NFT transactions to reach 40 mn globally in 5 yrs amid scam threats-report

The global number of non-fungible tokens (NFTs) transactions is likely to rise from 24 million in 2…

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2 mins read

Frosties creators arrested for $1.1 million NFT rug pull scam

The creators of the Frosties project could be looking at over 20 years in prison if they’re found g…

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1 min read

Hannah Towey   


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2 mins read

NFT scammers made off with $1.3 million in solana after a 'rug pull' despite the project creators being vetted

The creators of "Big Daddy Ape Club" NFTs took 9,136 solana from would-be collectors despite being …

Isabelle Lee   


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2 mins read

Seth Green pays $260,000 ransom for a stolen Bored Ape Ethereum NFT meant to feature in his new TV show: report

The actor told BuzzFeed News that Bored Ape #8398 "is home," with transaction documents showing he …

Ryan Hogg   


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Money laundering through NFTs a growing sector: Chainalysis report

According to a report by Blockchain data platform Chainalysis, they found a small but growing po…

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1 min read

The developers of an NFT collection called Frosties vanished in a potential 'rug pull' after buyers put in $1.3 million

The developers of the Frosties NFT collection have closed down their Twitter, Discord, and website,…

Isabelle Lee   


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Hackers target bestselling NFT artist Beeple's Twitter account and make off with $438,000 from followers through a phishing scam

"Stay safe out there," the NFT artist told his followers after the targeted scam. Beeple in 2021 so…

Carla Mozée   


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2 mins read

OpenSea claims that its hack was never a hack, users fell for phishing scams

OpenSea was hacked, and then it wasn’t. The world’s largest NFT platform has since denied the rumou…

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3 mins read

The first NFT rugpull this year has reportedly cost investors nearly $1.3 million – here’s what that means

We’re less than 15 days into 2022, and the first big non-fungible token (NFT) rug pull has already …

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4 mins read

Common crypto scams you should know about before diving into the crypto market

Crypto scams can be as simple as phishing and fake websites, or more complex like NFT rug pulls.Cry…

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3 mins read

New iCloud phishing scam could drain users’ MetaMask crypto wallets

Crypto wallet MetaMask is warning its community of users about possible phishing attacks through Ap…

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5 mins read

Insider trading, IP theft, fake art and fake profiles — Scammers are taking advantage of NFT platforms’ lack of regulation

As far back as March, there were reports of people impersonating others in order to sell NFTs …

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1 min read

Elon Musk says Twitter introducing NFT profile pictures is 'annoying'

"Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot …

Isobel Asher Hamilton   


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2 mins read

The DOJ has charged 2 men over the $1.1 million Frosties NFT 'rug pull' – and alleged they were preparing to pull off another scam

The pair of 20-year-olds, charged with fraud and money laundering, were preparing a second "Embers"…

Hamza Fareed Malik   


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BAYC NFT project suffers second hack of the year, this time worth $270,000

The scam, according to OKHotshot’s investigation was a phishing attack, which many users on th…

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4 mins read

These NFT courses offer everything you need to know to deep-dive into the world of digital assets

As crypto, NFTs are also gaining traction in the overall global market. Experts say the NFT market …

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2 mins read

The boom in NFTs has led to a spike in crime around digital collectibles. Here are 2 of the most rampant schemes, according to Chainalysis.

Chainalysis identified two rampant schemes criminals used in 2021—wash trading and money laundering…

Isabelle Lee   


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3 mins read

Victims of the $1.3 million Frosties 'rug pull' are trying to recover their lost crypto by making their own NFT collection

The project runners named the new collection Wrapped Frosties, and are calling on other defrauded i…

Isabelle Lee   


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Former first lady Melania Trump wishes bitcoin a happy 13th birthday with image of the genesis block

Many were surprised with her embrace of digital assets, especially considering husband Donald Trump…

Isabelle Lee