The rise of popularity in DeFi projects has also brought a new wave of scams and scammers. We will focus on three different examples ranging from traditional confidence scams to more technical backdoored smart contracts. OpenEthereum and ETH2 have announced bug bounty programs. TeamTNT is fighting other cryptojackers with their Black-T malware and other news in this week’s edition.
News
Cryptocurrency Enforcement Framework was published by DoJ. The report focuses on crimes involving cryptocurrency (e.g. drug dealing), money laundering, and theft of cryptocurrency. The report also outlines threats posed by the nation states such as North Korea and Iran.
Scams
UniCats platform scammed a user out of $140K worth of UNI by requesting unlimited transfer approval and later emptying the wallet. Bad cats!
Whale Hunt - SBF & Blue Kirby is a dive into the on-chain transactions and activities of the latest exit scam in the DeFi space.
DeFi Detectives: Chef Nomi Investigation Notes is a deep dive into S…
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