‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users

Lookout, an integrated endpoint-to-cloud security company, today announced the discovery of major crypto mining scams using hundreds of Android apps, as per a release shared with CryptoSlate.

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FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

FaZe Clan, a Los Angeles-based professional electronic sports (esports) organization, today announced that it has fired its member FaZe Kay as well as suspended three more players—Jarvis, Nikan, and Teeqo—who were involved in promoting cryptocurrency token Save the Kids (KIDS).

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Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams,  hijacking millions as its native token’s value plummeted by almost 100% in minutes.

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Illegal torrenting identified as source for new Monero (XMR) malware

Avast Antivirus (AA) has turned up a newly discovered Monero mining malware, which they call “Crackonosh.” Crackonosh is distributed as a trojan with cracked software.

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