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NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX TokensThe U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 PlatformAccording to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned Ren 1.0 and 2.0 compatibility “cannot be guaranteed” and […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Yuga Labs warns of ‘persistent threat group’ targeting NFT holders

The warning comes only days after hackers compromised the website of Premint NFT, making off with more than 300 NFTs and $375,000 of Ethereum.

Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities.

The NFT company told its Twitter followers on July 19 that its security team has been tracking a “persistent threat group” targeting the NFT community through compromised social media accounts, urging followers to be on the lookout.

This isn’t the first time the company has warned its community of a possible social media-led attack by hackers.

Not the first, not the last

In June, Gordon Goner, pseudonymous co-founder of Yuga Labs, issued a warning of a possible incoming attack on its Twitter social media accounts.

Soon after the warning, Twitter officials began monitoring activity on the accounts and fortified their existing security. Goner told investors that the company would never conduct surprise mints, a popular method attackers use to lure victims.

The month also saw two official Discord groups linked to BAYC and OtherSide NFTs were compromised, allowing scammers to share various phishing links into the official BAYC, Mutant Ape Yacht Club, and OtherSide groups on discord.

Cointelegraph asked Yuga Labs for more details about the “persistent threat group” and the potential attack but did not receive an immediate response.

Premint NFT website hacked

Yuga Labs' new warning comes only days after threat actors hacked popular NFT platform Premint NFT, stealing approximately 314 NFTs and $375,000 in Ethereum (ETH), making it one of the largest NFT hacks in 2022.

Premint is an NFT whitelisting service that helps NFT artists access a large number of verified NFT collectors quickly, whitelisting them for new NFT projects. The NFT services platform touts more than 12,000 NFT projects and a database of more than 2.4 million collectors.

According to blockchain security firm Certik, the thefts occurred on Sunday after hackers inserted malicious code into Premint’s website.

The code created a pop-up that prompted users to verify their wallet ownership but instead gave hackers the permissions necessary for them to transfer NFTs from their victim’s wallets.

Related: NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security

Six wallets have been identified as falling victim to the attack, containing NFTs, including Bored Ape Yacht Club, Otherside, Oddities, and Goblintown.

Premint said it would continue to “dig into the incident” and reminded users that they would never be asked to sign any kind of transaction on the platform.

The platform has also changed in light of the attack, allowing users to log in without their wallets — which they claim will be safer and more convenient.

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto PaymentsAmid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges Caution With Cryptocurrency Cryptocurrencies and other virtual assets are increasingly spreading in Kyrgyzstan, […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Spanish Securities Regulator Warns of Impersonators Selling Bitcoin on Its Behalf

Spanish Securities Regulator Warns of Impersonators Selling Bitcoin on Its BehalfThe CNMV, the Spanish securities regulator, has issued a warning about the existence of an unknown party asking for information and offering to sell bitcoin on its behalf. The fraudsters are said to perform the scam attempt via phone calls, where they ask for personal information and offer the benefit of purchasing bitcoins said to […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud

FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code FraudThe Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

National Police in Spain Warn of Surge in Cryptocurrency-Related Scams

National Police in Spain Warn of Surge in Cryptocurrency-Related ScamsThe National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is €240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens due to the popularity that these financial instruments […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges

Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency ExchangesA government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges The National Agency of Project Management under the […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

London College Student Robbed at Knifepoint by 8 Thugs for $93K in Bitcoin

London College Student Robbed at Knifepoint by 8 Thugs for K in BitcoinRecently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student was forced to leave the campus and he moved back home. Freshmen College Student Loses Bitcoin in an On-Campus […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’