Undercover Sex Trap Rocks Chinese BTC Holders: 6 BTC Stolen In Sextortion Scam Honeypot

A victim lost 6 BTC trough a sextortion crypto honeypot scam. The perpertrator posed as a female trader and get way with the stolen Bitcoin.

A shocking case of Bitcoin stolen through a scam has rocked the Chinese BTC community. In 2024, a software engineer in Chengdu lost 6 BTC to a criminal scam gang posing as a female trader. The perpetrators used a honeypot scheme, luring the victim via an X profile promising steamy sexual favors, only to extort … Read more

$1.5 Billion Stolen – What It Means for Crypto

Bybit 2025 Hack and Crypto Security Breach

What Happened? The attack was a highly coordinated breach that drained 401,000 ETH from Bybit. The attackers exploited Safe{Wallet}, a third-party service used by Bybit for multi-signature transactions. Instead of breaking into Bybit’s own wallets, they targeted the external service to manipulate transactions. How Did the Hack Happen? The breach involved several stages: Stage Description … Read more