Bitcoin News Official TheBitTimes.com

A fraudulent crypto wallet application on the Microsoft store has swindled users out of $768,000 in Bitcoin and Ethereum. On Nov. 5, crypto investigator ZachXBT issued a warning via the X platform (formerly Twitter) about the fraudulent application named Ledger Live Web3. The application deceived users by imitating the original Ledger Live app. The official Ledger Live is a user interface app that allows hardware wallet users to store their crypto assets offline. Community Alert: There is currently a fake @Ledger Live app on the official @Microsoft App Store which was resulted in 16.8+ BTC ($588K) stolen Scammer address bc1qg05gw43elzqxqnll8vs8x47ukkhudwyncxy64q pic.twitter.com/rOZ0ZWRWbn — ZachXBT (@zachxbt) November 5, 2023 On-chain data revealed that the fraudsters behind the fake app had accumulated approximately 16,800 BTC, valued at around $588,000, through 38 transactions to the wallet address beginning with “bc1q…y64q”. The initial theft was recorded...

Robinhood ’s Twitter account was compromised earlier when hackers took over the account to promote a Scam token. The hacker tried to incentivize the 1.1 million followers of the Robinhood app to invest an in unverified token project with the community. The now-deleted tweet was promoting the launch of a new scam token called RBH. The hackers sent out the time for the users to buy the token and also mentioned the start price as $0.0005. Robinhood presumably hacked pic.twitter.com/UgRD3UCbo9 — db (@tier10k) January 25, 2023 Binance’s CZ speaks about the hack Since the news of the Robinhood Twitter account hack surfaced, it has come to CZ’s attention. On-chain sleuth ZachXBT also tweeted that the scam was funded via Binance. The hacker, in a short period of time, managed to make $7,500 before the tweet was taken down. Looks like Robinhood account got hacked and was promoting a coin on BNB Chain. Always have critical thinking even is the a...