Ripple CTO Flags Coinbase Scam on X: Details

Ripple CTO Flags Coinbase Scam on X: Details   u.today 02 August 2024 10:59, UTC Ripple Chief Technology Officer David Schwartz recently took a stand against scammers attempting to deceive users on social media, specifically X. Schwartz flagged Coinbase scams, which posted fraudulent links in a recent X (formerly Twitter) discussion, in which the Ripple…

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India’s Enforcement Directorate cracks down on $890k Emoillent crypto scam

India’s Enforcement Directorate cracks down on $890k Emoillent crypto scam   crypto.news  + 1 more 02 August 2024 10:32, UTC India’s Enforcement Directorate has launched a search operation against the founders of Emoillent Coin, a dubious cryptocurrency that promised investors lucrative returns. Reports from local media allege that 2,508 investors in India lost a total…

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FBI Issues Warning About Crypto Exchange Scams

FBI Issues Warning About Crypto Exchange Scams   news.bitcoin.com 02 August 2024 07:30, UTC The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to trick victims into providing login details, clicking links,…

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DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve   coindesk.com 01 August 2024 19:00, UTC Decentralized finance protocol Convergence, a Curve-based yield-enhancing protocol, a was exploited Thursday, sending its token’s price to near-zero. The attacker created (minted) 58 million of the protocol’s CVG token using a vulnerability in the protocol’s codebase, and swapped…

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