Tag: fraud

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

07/27/2025

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

Then in April 2025, CBEX, another fictitious cryptocurrency investment platform went bust. This failure, in turn, left thousands of investors defrauded, with particular burden on African investors including many Nigerians. The platform misleadingly announced that it had only suspended withdrawals temporarily while an audit by a British firm, to be...

DeFi Danger: Why Web3 Scams Are Now Fewer, But FAR Deadlier

04/23/2025

DeFi Danger: Why Web3 Scams Are Now Fewer, But FAR Deadlier

The fast-changing world of decentralized finance (DeFi) is a thrilling space with immense potential for both revolutionary innovation and personal financial advancement. This innovative, fast-paced ecosystem draws the attention of bad actors looking to game the system and defraud users. Recent data indicates a concerning shift in the nature of...

Further Reading

The meme coin environment is a high-stakes wild west filled with enormous opportunity and risk. Anjali Mehra is a DeFi Policy Editor and opinion columnist known for her creative approaches to unpacking difficult subjects. She dives into Arctic Pablo Coin, an up-and-coming contender that’s making waves with its alluring presale...

Like the rest of the highly volatile meme coin market, $PENGU has already seen historical highs and lows. But over the past week, $PENGU has taken off, soaring as much as 150%. This explosive growth has caught the attention of investors and traders alike, prompting the question: is this a...

Chainlink reinforces its position as the key infrastructure provider to decentralized finance (DeFi) and smart contracts. This continuing change is a testament to the industry’s realization that projects must be built with form following function and not speculation. With a market cap of $9 billion, Chainlink is creating quite the...

As with all things cryptocurrency, the market is consistently changing, new projects and technologies are being released daily. In recent months we’ve seen a distinct pivot away from speculation and towards blockchain projects that provide concrete utility to the world. The projects are focused on addressing real world problems or...

Few could dispute that Solana (SOL) has taken the crypto world by storm. Thanks to its high throughput and low transaction costs, it’s made a name for itself as an Ethereum competitor and a Layer-1 heavyweight. Savvy investors are always on the lookout for the next big opportunity. They’re on...

Now that we’re halfway through 2025, excitement in the cryptocurrency industry has reached its fevered pitch. In June 2025, the total value locked (TVL) in DeFi reached $112 billion. This extraordinary increase shows us that we are indeed witnessing a second surge of interest in decentralized finance. Decentralized exchanges (DEXs)...

Ethereum has been on a tear as of late, up an amazing 60%. This unprecedented growth has turned the heads of self-driving development investors and industry analysts alike. We see this jump as a result of three main drivers. Most importantly, we’re seeing increasing demand from institutions combined with limited...

The crypto universe is alive and kicking, and Bitcoin is the tap root of the entire crypto ecosystem. Amidst market fluctuations and predictions, a new contender has emerged: Bitcoin Hyper ($HYPER). With a presale that's already captured significant attention, it begs the question: could this be the next crypto to...