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Cybercriminals deploy new crypto scams using Google ads to redirect users to phishing sites deceptively. A new type of crypto scam has surfaced recently, where scammers are buying ads for genuine crypto websites on Google, and then using URL injection to automatically redirect users to a malicious site once they click on the ad.  The founder of DeFiLlama, a popular DeFi data aggregator platform, first reported the scam. According to his tweet, cybercriminals have bought a Google ad placeholder for DeFiLlama, which appears at the top of the search engine when you search from the platform. However, this is not a legitimate ad, as clicking on it leads users to a marketing website, redirecting them to a phishing site.  There's a new crypto scam on google Scammers will buy an ad for a proper crypto website on google, with the proper URL Then when users click on it they get sent to an ad network (https://t.co/k5azsHhC2s) to track the click, but that network redirects to a sca...

Layer-1 block chain Terra has shut down its website to protect its users from hackers and phishing attacks. The company said it’s better for its users to avoid accessing their website until a new announcement is made. 1/ Update: The terra(dot) money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Please read the following for more information — Terra Powered by LUNA (@terra_money) August 22, 2023 Shutting down the website comes from hacking attacks the company suffered during the weekend. On Aug. 19, Terra posted a warning announcement, telling its users not to interact with the Terra Money website until new updates about its status were published. To all Terra users, Please do not interact with any sites with the terra(dot)money domain until we put out another update. Although sites are coming back online, the team is still working to secure full access to the domain. During this time,...

According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet's fundamental premise relies on users assuming full responsibility for storing their assets securely.  The losses from the Atomic Wallet heist have now skyrocketed to over $100 million, according to Analysis conducted by Elliptic. This alarming figure highlights the severity of the attack, which compromised an estimated 5,500 crypto wallets. Despite the magnitude of the incident, Atomic Wallet has yet to provide any explanation regarding the root cause of these substantial losses. This has led to mounting concerns from frustrated users who anxiously await clarification and reassurance from the company. Mea...