Authorities claim that the individual established a counterfeit website modeled after the widely recognized NFT marketplace, with the intention of fraudulently acquiring digital art collectibles from unsuspecting victims.
The company, which is a participant in a16z's Crypto Startup School, intends to establish a security standard for Web3 projects by means of its API, Discord Bot, and certification program.
The complex methods con artists use to separate cryptocurrency users from their money are described in a 19-part thread.
Blur Finance engineers reportedly stole over $600,000 in BLR from Polygon and BNB Chain, leading the token's value to plummet by more than 90%.
Rimbit is a decentralized cryptocurrency that was initially developed from Novacoin and released in May of 2014. It is a proof-of-stake coin that does not require mining in order to generate new coins.
Logan Paul allegedly inflated and dumped cryptocurrency startups such as DinkDoink and EthereumMax.