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Kaspersky Labs has identified a sophisticated malware campaign targeting cryptocurrency users through malicious software development kits embedded in mobile apps available on Google Play and the Apple App Store. Named "SparkCat," this malware utilizes optical character recognition to scan users' pho

In the past two months, Coinbase users have collectively lost more than $65 million to social engineering scams, with annual losses estimated at $300 million, according to crypto analyst ZachXBT. He emphasized that the actual losses could be higher due to unreported cases. Coinbase has not issued a

A recent study highlights that approximately 89% of decentralized exchange (DEX) pools implicated in potential pump-and-dump schemes are exploited by their original creators. An additional 11% appear to be manipulated by addresses financially linked to the pool's creator or token deployer. The repor

2024 witnessed a significant surge in illicit cryptocurrency transactions, cumulatively reaching an estimated $51 billion, as reported by blockchain analytics firm Chainalysis. This surge occurred alongside a reenergized crypto market, which saw renewed enthusiasm due to developments like the introd

Crypto scammers have significantly shifted their operations, now leveraging Telegram malware scams which have overtaken traditional phishing in sheer volume. Since November, these new scams have increased by an astounding 2,000%. According to a January 15 update from security firm Scam Sniffer, thes