Gaming Platform Exploit Ends With $62M In Crypto Returned

In the late hours of Tuesday, the crypto community saw another exploit. Munchables, the Ethereum Layer-2 NFT gaming platform, reported being compromised on an X post.

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Over $2.6M Stolen In Phishing Scam Involving Crypto Trader

Another start of the week, another crypto scam alert. This week’s latest phishing scam opened Pandora’s box of scamming tactics after almost $3 million was stolen by an impersonator pretending to be a top crypto trader.

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New Report Reveals Over Half Of Illegal Crypto Transactions Are Linked To Terrorist Groups And Sanctioned Entities

So far, concerns have escalated over the use of cryptocurrency by sanctioned groups and terrorist organizations, as revealed in the latest “2024 Crypto Crime Report” by leading blockchain analytics firm Chainalysis.
The report unveiled that over $24.

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Crypto Gaming Platform PlayDapp Hit By Double Exploits, Losing $290 Million In Massive Breach | Bitcoinist.com

Crypto gaming platform PlayDapp has been the victim of a series of breaches, resulting in the loss of millions of dollars worth of PLA tokens.

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Crypto Investment Scam: Kansas Banker Arrested For Embezzling $47 Million In Funds | Bitcoinist.com

According to a Bloomberg report, the former chief executive officer of a Kansas bank has been charged with embezzling $47.1 million from the institution to purchase crypto assets.

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Crypto Exchanges Face Security Challenge With New AI Service

Recent reports have shown the surge in popularity of Artificial Intelligence (AI) generated technology, which could present a significant challenge for crypto exchanges and the community in the never-ending battle against scams and illicit activity.

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Chainlink (LINK) Token Theft: Drainer Hack Nets $900K Amidst Tokenization

Arkham Intel reported that the Inferno Drainer crypto hack stole funds allegedly belonging to a Swiss investment fund, PrismInvest. Inferno Drainer siphoned $900,000 worth of LINK tokens on January 27, 2024, raising concerns about the recent tokenization boom.

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