China and UAE Join Forces to Tackle Crypto Crime Wave

China-and-UAE-Join-Forces-to-Tackle-Crypto-Crime-Wave

China and the United Arab Emirates (UAE) have pledged to enhance their cooperation in combating cybercrime associated with cryptocurrency. This commitment was made through a May 30 joint statement following the UAE President Mohammed bin Zayed Al Nahyan’s state visit to China. The announcement comes as Hong Kong reports a surge in crypto fraud between … Read more

Crypto Nightmare: $69.3M Vanishes in Address Poisoning Scam

Crypto Nightmare 69.3M Vanishes in Address Poisoning Scam

Cybercriminals have pulled off a daring heist, making off with a staggering 1,155 wrapped Bitcoin. Tricking unsuspecting users into falling for malicious transactions. Imagine waking up one day to find that your cryptocurrency worth over $69 million has been stolen. That’s exactly what happened to a crypto user, as reported by blockchain security experts at … Read more

South Korea to Launch Crypto Crime Investigation Unit

South Korea to Launch Crypto Crime Investigation Unit

Taking a stand against the growing threat of crypto crimes, South Korean regulators are taking proactive steps to establish a dedicated investigative unit. This bold move demonstrates their unwavering commitment to safeguarding the nation’s financial security and cracking down on illegal activities in the cryptocurrency world. The nation’s Justice Ministry and Ministry of Interior and … Read more