Posts

Showing posts with the label scams

Inferno Drainer says it’s shutting down after helping steal $70M in crypto

Image
“We hope you can remember us as the best drainer that has ever existed,” wrote the scam-as-a-service wallet drainer. Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year. In a Nov. 26 Telegram post, the team behind Inferno Drainer said it was “time for us to move on.” However, it said that the files and infrastructure needed to run the wallet drainer won’t be destroyed but instead will remain active so users can make a “smooth transition” to other services. “It has been a long ride with all of you and we’d like to thank you from heart [sic]. Unfortunately, nothing lasts forever.” “A big thank [sic] to everyone who has worked with us,” it added. “We hope you can remember us as the best drainer that has ever existed and that we succeeded in helping you in the quest of making money.” Inferno Drainer’s final message to its users. Source: Teleg...

CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud

The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns. Legal proceedings have been initiated by the Commodity Futures Trading Commission (CFTC) against individuals and their organization, Fundsz, citing their involvement in a deceptive scheme concerning crypto currencies and precious metals trading. Rene Larralde from Melbourne, Florida, Juan Pablo Valcarce from West Melbourne, Florida, Brian Early from New Orleans, Louisiana and Alisha Ann Kingrey from Franklin, Arkansas, along with their unincorporated entity Fundsz, face allegations of misleading investment solicitations. They allegedly enticed investors with implausible returns based on a purported "proprietary algorithm." The CFTC lodged a complaint in the U.S. District Court for the Middle District of Florida, alleging that the defendants attracted customers by promising steady 3% weekly profits through cryptocurrency and precious metal trading. Toda...

Top 7 cybersecurity jobs in high demand

Discover the top seven cybersecurity jobs in high demand: from security analyst to information security manager and more. In today’s digital age, cybersecurity has become a critical aspect of almost every business. Cyber threats are increasing daily, and businesses must take proactive measures to protect their networks and data. As a result, the demand for cybersecurity professionals has skyrocketed. Little Friday humour #meme # cyber security @hackurityio pic.twitter.com/MArEpCh03k — Harold De Vries (@devries_harold) February 17, 2023 In this article, we will discuss the top seven cybersecurity jobs that are in high demand. Cybersecurity analyst A cybersecurity analyst is responsible for identifying and mitigating cyber threats to an organization’s network and data. They examine system logs and network traffic to find and fix security holes. Additionally, they create and implement security policies and processes to defend the company against future cyberattacks. Cybersecurity...

Long-standing crypto project vs. scam: Ava Labs CEO shares key difference

Image
Ava Labs CEO has condemned players that jump into every single new coin offering or token in the hopes that they will go up. Emin Gün Sirer, creator of the Avalanche Consensus protocol and Ava Labs CEO, believes that there is one very straightforward method to spot a long-standing cryptocurrency project. On Feb. 7 ​​Sirer discussed blockchain venture capital and crypto regulation in a fireside chat with MarketAcross chief operations officer Itai Elizur at the Web3 builder-focused event, Building Blocks 23. During the discussion, the Avalanche founder pointed out the crucial role of “staying power” in the crypto industry, condemning players that run from one project to another or jump into “every single new coin offering” in the hopes that they will go up. According to ​​Sirer, the desire to reap quick profits from crypto will only turn the space into a terrible thing, and VCs are not to blame. “I will tell you who’s to blame; it’s us,” ​​Sirer declared, urging the community to supp...