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Shikha Goel, Hyderabad Police additional commissioner was speaking at an event when she revealed that crypto-focussed cybercrimes are picking pace in India. While informing that cybercriminals are increasing their activities in India, Goel has warned people against engaging in untrustworthy crypto activities.
Rajkot police have managed to nab two individuals who were allegedly running a cryptocurrency racket by setting up a portal where people were duped into signing smart contracts.
In a recent report, research firm Chainalysis revealed that scams mooched off over $7.7 billion (roughly Rs. 58,697 crore) in 2021. Out of these scams, rug pulls cost crypto investors over $2.8 billion (roughly Rs. 21,333 crore).
Victim of Amazon hacker woke up to a $45,000 bill on their account from cryptomining. An Amazon hacker was busy crypto mining using someone else's account, and by the time the owner figured it out, the hacker had already left a $45,000 bill.
After PM Modi's account was compromised, #Hacked began trending in India. As per the screenshots shared on Twitter by several users, tweets were put out from PM Modi's account claiming