Crypto Hack Watch

The Pig Butchering Scam is a devastating online fraud tactic that merges romance and cryptocurrency scams. Named for the method of “fattening up” victims with emotional manipulation before “slaughtering” them financially, this scheme has led to record losses—$12.5 billion in fraud in 2024 alone. Scammers build trust over time, eventually pitching fake investment opportunities that […]

Ian “iDubbbz” Carter and Anisa Jomha have stepped down from their roles in Creator Clash 3 amid online controversies, including attacks from fellow creator Ethan Klein. Scheduled for June 28, the event, which aims to raise money for charity, is now entirely managed by their business partners. While the first two events raised significant funds

Hackers have taken control of the New York Post’s official X account to trick cryptocurrency users by sending direct messages that appear to offer podcast invitations. Instead of typical scams with risky links, the hackers redirected victims to Telegram for supposed discussions. Cybersecurity expert Alex Katz exposed this unusual tactic, emphasizing the danger of private

Crystal Intelligence is acquiring Whale Alert’s Scam Alert platform to transform individual scam reports into actionable intelligence for law enforcement, addressing the rising crypto crime crisis. The blockchain analytics firm aims to make it easier for victims to report scams and help authorities identify larger fraud networks. CEO Navin Gupta noted that victims often lack

In April 2025, phishing scams in the crypto sector cost users over $5.2 million, a 17% decline from March’s $6.37 million, but the number of victims rose by 26% to 7,565. A major loss involved a phishing signature scheme costing $1.4 million, where users unknowingly approved fraudulent requests. Another incident involved address spoofing, leading to

On May 4, 2025, crypto influencer Kook Capital LLC highlighted the launch of 21 simultaneous rug pulls, leading to the loss of over $3.2 million in investor funds within 24 hours. Affected trading pairs, primarily ETH and BNB, experienced liquidity drops of 18% and 15% respectively. Following this event, market sentiment worsened, with DeFi token

The cryptocurrency market remains enticing, driven by the potential for massive returns, as Gordon’s tweet suggests. As of May 3, 2025, Bitcoin traded at $62,450, while Ethereum reached $2,980. Smaller altcoins like Render Token (RNDR) and Fetch.ai (FET) are gaining attention, with RNDR surging 8.3% to $5.12. Significant trading volumes and rising interest in AI-related

On May 3, 2025, Kook Capital LLC tweeted a warning about a potential ‘huge rug pull’ in the crypto market, causing significant alarm among traders. Although no specific project was identified, major cryptocurrencies like Bitcoin and Ethereum experienced slight drops. AI-related tokens, such as Render Token and The Graph, faced sharper declines, with notable trading

A significant cryptocurrency launch is anticipated on May 3, 2025, at 2:00 PM UTC, sparking speculation about an AI-driven DeFi token. Trader KookCapitalLLC hinted at this on Twitter, igniting discussions around potential market impacts, including price movements and liquidity shifts. Historical trends indicate that AI-related tokens often experience substantial price surges, exemplified by RNDR and

Actor Ben McKenzie, known for “The O.C.” and “Gotham,” will make his directorial debut with the documentary “Everyone Is Lying to You for Money” at SXSW London in June. The film explores the cryptocurrency world through McKenzie’s interviews with key figures, including trips to El Salvador to analyze President Bukele’s Bitcoin policies. A vocal crypto