The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from ...

Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and ...

ZachXBT reveals CLS Global sought a promotional deal despite pleading guilty to fraud and SEC wash trading charges.

AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite ...

Scams involving Bitcoin (BTC) and other cryptocurrencies hit record levels in 2024, driven by the use of artificial ...

Ransomware payments dropped 35% in 2024 due to law enforcement crackdowns and stronger cyber defenses, forcing attackers to ...

A Chainalysis report revealed that sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of ...

Blockchain analytics firm Chainalysis explained that Virtual Asset Service Providers (VASPs) play a crucial role in the ...

"GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly ...

Losses from cryptocurrency scams are on track to hit record levels in 2024 after scammers have increasingly used generative ...

"Crypto fraud and scams have continued to increase in sophistication," Chainalysis researchers said. The company pointed to marketplaces that support pig butchering operations and the use of GenAI ...