A single crypto regulator to appear in the EU Hotels in Maldives and Thailand accept crypto payments PayPal added bitcoin support to its mobile app Corporations invested more than $6 billion in crypto industry in the last 10 months DeFi-platform Velodrome accuses crypto sleuth of stealing $350k S&P Global dropped Coinbase rating to a speculative level BitGo will seek $100 million for Galaxy Digital refusal to acquire crypto platform Brazilian crypto exchange blocked customer accounts and fired staff Celsius Network’s debts is more his assets for $2,8 billion

Scammers run YouTube streams posing as Elon Musk and luring cryptocurrency

Scammers run YouTube streams posing as Elon Musk and luring cryptocurrency

In just three days, users lost more than $1.5 million, while there were recorded 36 fraudulent online streams.

According to RBC, scammers host fake YouTube streams and steal cryptocurrency using the names of celebrity entrepreneurs. Intruders use images of Tesla CEO Elon Musk, Ripple CEO Brad Garlinghouse, and Ethereum creator Vitalik Buterin.

Cybercriminals promise to double users' investments, but instead, they gain access to their cryptocurrency wallets and steal assets. Analysts revealed a fraudulent scheme targeting buyers and resellers of NFT pictures when investigating the fake cryptocurrency streams. Scammers try to copy the speeches of celebrities and give recommendations to users on how to improve their wealth. 

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Crypto-industry hacking: top cases and types of attacks

Blockchain stands as a secure and decentralized technology. However, the massive spread of centralized crypto exchanges, marketplaces, and custodial digital wallets gives hackers ways to try to steal cryptocurrency by attacking less secure platforms.  Our article explains how hackers work and what to watch out for.   

Read more here

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