China News Today Official TheBitTimes.com

According to blockchain analysis firm CertiK, over $32.2 million was lost to crypto scams and security incidents in October, with vulnerabilities, exit scams, and flash loan manipulations among the leading causes. In October alone, more than $32.2 million in user funds have been lost to security incidents and scams in the crypto market, according to blockchain Analysis CertiK. A large part of these incidents were vulnerability exploits, accounting for $22 million of the lost funds. Topping the list was the Fantom Foundation security breach, which alone saw hackers drain $700,000 in funds – mostly from an employee wallet. The hacker today moved the stolen funds into Tornado Cash. #CertiKStatsAlert Combining all the incidents in October we’ve confirmed ~$32.2M lost to exploits, hacks and scams. Exit scams were ~$8M Flash loans were ~$1.7M Exploits were ~$22M See more details below pic.twitter.com/67mq0ope7w — CertiK Alert (@CertiKAlert) October 31, 2023 Exit scams a...

Cryptocurrency detective ZachXBT detailed alleged cryptocurrency fraud activities conducted by a popular YouTube personality, known as Blue or Jack, potentially amounting to over $1.5 million in stolen funds. Cryptocurrency investigator ZachXBT has published evidence alleging a YouTube influencer named Blue, also referred to as Jack, was involved in numerous crypto heists amounting to a staggering $1.5 million. Initially known for his gaming and prank videos, Blue amassed a following of over 122,000 subscribers on YouTube, before allegedly becoming embroiled in cryptocurrency scams in 2021, as detailed by Zach on Twitter. 1/ An investigation into the YouTuber turned phishing scammer Blue (Jack) who has worked with Monkey Drainer and other drainer services to steal more than $1.5m pic.twitter.com/MKRlaCuMI5 — ZachXBT (@zachxbt) July 10, 2023 According to Zach, a compromising post leaked from Blue’s Snapchat associated him with the Ethereum ENS address cool-breeze.et...