Blockchain security experts Scam Sniffers exposed a new scheme by scammers targeting crypto users with malicious ads.  Scam Sniffers in an X thread exposed how a malicious ad designed to send users to a fake Pudgy Penguin Website was embedded in a Google Advertisement.  https://twitter.com/realScamSniffer/status/1871823641765445672 The development reveals a more sophisticated form of Phishing targeted at…

A Coingecko Report revealed that Memecoins were the most searched and preferred Crypto asset in 2024 grabbing an impressive 30.67% share of Global investor interest.  In the memecoin category, certain categories of memecoin came on top representing the best of the crop and the peak of global investor interest in 2024.   Solana meme coins ranked…

Pig Butchering a long-term crypto fraud scheme was named the biggest threat to crypto users in 2024 accounting for $3.6 billion in losses.  According to a report by Cyvers, an industry-leading Web 3 security firm Pig Butchering came out on top amongst other forms of crypto fraud schemes in 2024. The fraud scheme led to…

The Russian Government issued a ban on crypto mining in 10 regions of the country over reports of energy shortage and concerns over an imbalance in energy consumption.  The reported ban would take effect from the 1st of January 2025 and last till March 15, 2031.  Official documents confirming the ban were obtained by Russian…

Delaware, USA (December 00, 2024) — iDenfy, a leading global RegTech company has announced its achievement of SOC II certification following the submission of an independent auditor’s report.  The newly acquired SOC certification tallys with the opening of Idenfy’s new office in Delaware highlighting a significant milestone in the company’s effort to expand its reach in the…