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Understanding Crypto Airdrops: The Process, Pros and Problems
Developers often announce free airdrops of their native tokens through social media to advertise their upcoming projects among investors. While the tactic does have a community-building aspect to it, crypto airdrop has also emerged as a repeated technique used by scammers to steal from unsuspecting individuals.
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Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
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Ripple Signals Intent to Launch Wallet Service in New Trademark Filing: Reports
A new trademark filing from Ripple seeks approval for “downloadable software” for crypto custody, potentially signalling plans for a wallet service. In 2024, Ripple launched a crypto custody service for banks and fintech firms but has yet to introduce a wallet service.
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ED Partners with CoinDCX for Custody Management of Seized Assets
The Enforcement Directorate (ED) has partnered with CoinDCX to manage the custody of crypto assets seized in ongoing investigations. CoinDCX will deploy a specialised team trained in advanced security protocols to assist the ED.
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FBI Accuses North Korean Hackers of Bybit Attack, Urges Crypto Firms to Block Linked Transactions
The FBI has blamed North Korean hackers for facilitating the recent attack on Dubai-based Bybit crypto exchange. The bureau has identified 51 Ethereum wallet addresses linked to North Korean TraderTraitor actors, holding portions of the stolen assets.
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
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ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
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SparkCat Crypto Stealer Malware Infected Multiple Apps on Play Store, App Store
Security researchers have discovered several apps on the App Store and Google Play infected with the SparkCat crypto stealer malware. The apps contained a malicious SDK using optical character recognition (OCR) to steal "crypto wallet recovery phrases" from users' screenshots. Notably, this is the first time such cryptocurrency-stealing malware has...
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Binance Wallet Gets New ‘Alpha’ Feature that Spotlights Early-Stage Crypto Tokens: Details
On Wednesday, December 18, Binance unveiled a new feature called Alpha for its wallet service. This feature will spotlight tokens linked to early-stage Web3 projects that may be considered for future listing on the exchange.
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Telegram Groups Emerge as Entry Points for Crypto Scammers, Warn Security Firms
Scam Sniffer, in a post on X, revealed that crypto scammers are creating fake accounts impersonating popular influencers. These profiles actively comment on posts to target potential victims.
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Multi-Chain Crypto Wallet Phantom Now Live on Coinbase’s Base Layer-2 Network
Phantom is expanding its support to multiple blockchains, with the latest integration bringing its asset custody and transfer services to the Coinbase's Base ecosystem. Founded in 2021, Phantom already supports networks like Solana and Polygon.
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Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
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Bitget Crypto Wallet and Foresight Ventures Invest $20 Million in Telegram Mini Apps
Bitget Wallet and Foresight Ventures have collaborated to invest $20 million (roughly Rs. 168 crore) in Telegram, aiming to accelerate the growth of its Mini Apps initiative, as announced on Monday, November 11.
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US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
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Crypto Wallet Drainer App Identified on Google Play Store, Report Suggests $70,000 Stolen
A report from Check Point Research (CPR) reveals that a malicious app used "advanced evasion techniques" to steal $70,000 (roughly Rs. 58.6 lakh) over five months from users interacting with the platform. After analysing its JavaScript code, the app has been named "MS Drainer."
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Understanding Crypto Airdrops: The Process, Pros and Problems
Developers often announce free airdrops of their native tokens through social media to advertise their upcoming projects among investors. While the tactic does have a community-building aspect to it, crypto airdrop has also emerged as a repeated technique used by scammers to steal from unsuspecting individuals.
-
Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to develop a comprehensive wallet strategy, enhancing cross-platform transactions with crypto, cards, and fiat currencies. An official confirmation from Altman or Visa is still awaited.
-
Ripple Signals Intent to Launch Wallet Service in New Trademark Filing: Reports
A new trademark filing from Ripple seeks approval for “downloadable software” for crypto custody, potentially signalling plans for a wallet service. In 2024, Ripple launched a crypto custody service for banks and fintech firms but has yet to introduce a wallet service.
-
ED Partners with CoinDCX for Custody Management of Seized Assets
The Enforcement Directorate (ED) has partnered with CoinDCX to manage the custody of crypto assets seized in ongoing investigations. CoinDCX will deploy a specialised team trained in advanced security protocols to assist the ED.
-
FBI Accuses North Korean Hackers of Bybit Attack, Urges Crypto Firms to Block Linked Transactions
The FBI has blamed North Korean hackers for facilitating the recent attack on Dubai-based Bybit crypto exchange. The bureau has identified 51 Ethereum wallet addresses linked to North Korean TraderTraitor actors, holding portions of the stolen assets.
-
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
-
ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
-
SparkCat Crypto Stealer Malware Infected Multiple Apps on Play Store, App Store
Security researchers have discovered several apps on the App Store and Google Play infected with the SparkCat crypto stealer malware. The apps contained a malicious SDK using optical character recognition (OCR) to steal "crypto wallet recovery phrases" from users' screenshots. Notably, this is the first time such cryptocurrency-stealing malware has...
-
Binance Wallet Gets New ‘Alpha’ Feature that Spotlights Early-Stage Crypto Tokens: Details
On Wednesday, December 18, Binance unveiled a new feature called Alpha for its wallet service. This feature will spotlight tokens linked to early-stage Web3 projects that may be considered for future listing on the exchange.
-
Telegram Groups Emerge as Entry Points for Crypto Scammers, Warn Security Firms
Scam Sniffer, in a post on X, revealed that crypto scammers are creating fake accounts impersonating popular influencers. These profiles actively comment on posts to target potential victims.
-
Multi-Chain Crypto Wallet Phantom Now Live on Coinbase’s Base Layer-2 Network
Phantom is expanding its support to multiple blockchains, with the latest integration bringing its asset custody and transfer services to the Coinbase's Base ecosystem. Founded in 2021, Phantom already supports networks like Solana and Polygon.
-
Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
-
Bitget Crypto Wallet and Foresight Ventures Invest $20 Million in Telegram Mini Apps
Bitget Wallet and Foresight Ventures have collaborated to invest $20 million (roughly Rs. 168 crore) in Telegram, aiming to accelerate the growth of its Mini Apps initiative, as announced on Monday, November 11.
-
US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
-
Crypto Wallet Drainer App Identified on Google Play Store, Report Suggests $70,000 Stolen
A report from Check Point Research (CPR) reveals that a malicious app used "advanced evasion techniques" to steal $70,000 (roughly Rs. 58.6 lakh) over five months from users interacting with the platform. After analysing its JavaScript code, the app has been named "MS Drainer."
