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Category Cyvers

MainNewsCyvers
Quite the opposite, criminals are embracing blockchain more as a feature than a bug

Quite the opposite, criminals are embracing blockchain more as a feature than a bug

Ari Redbord, the Global Head of Policy at TRM Labs, has shed light on the mind of the crypto criminals saying that they are not intimidated by bloc...
UPCX Official loses $70M in UPC tokens after unauthorized smart contract access

UPCX Official loses $70M in UPC tokens after unauthorized smart contract access

The UPCX decentralized payment project was hacked for $70M in UPC tokens. The hacker transferred over 18.4M tokens, surpassing the current circulat...
Pig butchering scams rob investors of  $5.5B, possibly the biggest threat to retail investors

Pig butchering scams rob investors of $5.5B, possibly the biggest threat to retail investors

Onchain security firm Cyvers revealed that pig butchering scams were one of the most pervasive threats to crypto investors, with losses reaching $5...
Bitcoin analyst moves BTC holdings to ETF, sparks community reaction

Bitcoin analyst moves BTC holdings to ETF, sparks community reaction

The Bitcoin analyst, PlanB, mentioned that the aim of the move is to manage Bitcoin more traditionally, the same way stocks and bonds are managed.
Rising crypto scams lead to $2.3 billion in total losses in 2024

Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, ...