Cryptosec

We've been alerted to a rising number of fraudulent claims where individuals are posing as representatives of @Cryptosec or Crypto Investigators (@CryptoExaminers). We urge you to exercise caution and conduct thorough due diligence. Please note: We never proactively contact individual scam victims, especially not via social media. Our services are tailored for organizations and law firms; we don't engage directly with individual victims. If you've fallen prey to a crypto scam and someone claiming to be from our team contacts you, it's likely that you're being targeted by crypto recovery scammers. For verification or concerns, please reach out to us directly at investigations@cryptosec.com. Stay informed and protect yourself. Learn how to identify these scams here: cryptoinvestigators.com/crypto-recover…

Lately, more than half of crypto scam victims that contact us have also fallen victim to fake crypto recovery services after being originally defrauded. We just published "A Guide to Avoiding Fake Crypto Investigation and Recovery Services". cryptoinvestigators.com/fake-crypto-re…

European Parliament passes EU digital wallet legislation - The bill includes using zero-knowledge proof technology to protect privacy in digital wallets for EU citizens. theblock.co/post/220515/eu…

Hong Kong's Open Crypto Regulatory Framework Attracts Firms - HK is making strides towards becoming a global crypto hub, with the latest developments indicating that the city is positioning itself as an attractive destination for crypto-related businesses cryptodaily.co.uk/2023/03/hong-k…

Hackers stole $390k from Poolz Finance - Hackers used a repetitive function to exploit Poolz Finance's BNB and Polygon chains. cryptoslate.com/hackers-stole-…

Euler Finance hacked for over $195M in a flash loan attack - Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens.cointelegraph.com/news/euler-fin…

Hedera confirms hackers stole tokens from DEXs, exploiting a bug in 'smart contract service' - The core team at Hedera reported that the attackers targeted liquidity pools on multiple decentralized exchanges (DEXs) to steal assets. theblock.co/post/218714/he…

Crypto Hackers Stole $386,200,000 From DeFi Protocols via ‘Oracle Manipulation Attacks’ in 2022: Chainalysis - The Daily Hodl dailyhodl.com/2023/03/10/cry…

Ripple survey: 97% of payment firms believe in the power of crypto - The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple. cointelegraph.com/news/ripple-su…

Parallax RAT Targeting Cryptocurrency Firms with Sophisticated Injection Techniques. thehackernews.com/2023/03/parall…

Former Accounting Team of FTX US Auditor Armanino Sets Up Shop - The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations. coindesk.com/tech/2023/03/0…

Beware the Crypto Highwaymen: Con Artists Leave a Trail of Devastation Across Europe cryptonewmedia.press/beware-the-cry…

FATF urges enhanced compliance with virtual asset standards to combat crypto-based crime - The FATF said lack of regulation of virtual assets allows criminal and terrorist financiers to exploit the system for their own needs. cryptoslate.com/fatf-urges-enh…

Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis - Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year coindesk.com/business/2023/…

Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards – Regulation Bitcoin News news.bitcoin.com/over-200-juris…

Banning Crypto 'Should Not Be Taken Off The Table': IMF - Decrypt - The IMF wants to see more regulation of digital assets, but still says there could even be an outright ban on cryptocurrencies. decrypt.co/122240/banning…

G20 Outcome: The G20 announced that the Financial Stability Board (FSB), the International Monetary Fund (IMF), and Bank for International Settlements (BIS) would soon publish recommendations for establishing a global crypto regulatory framework. cryptodaily.co.uk/2023/02/g20-ou…

Crypto lawyers flame Gensler over claims that all crypto are securities - Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims, saying that the the Securities and Exchange Commission has no legal standing to police the space. cointelegraph.com/news/crypto-la…

This scam from @BuildOn_Base is going rounds. Don't get suckered. This is not the official @BuildOnBase. There is no base airdrop

2022 was a brutal lesson for crypto and it's time for change - World Economic Forum weforum.org/agenda/2023/02…