Scams

$4.6B Lost to Crypto Scams as AI Deepfakes Lead the Charge: Report

According to a new research report co-authored by Bitget, SlowMist, and Elliptic, over $4.6 billion was lost to scams in 2024 alone, a 24% increase from the previous year. Deepfake AI impersonation, social engineering scams, and modern Ponzi schemes have emerged as the top threats to users. The Most Common Frauds The report revealed that […]

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Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations

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American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or

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