Law and Order

Crypto Scammers Targeting TikTok Shop Users: Report

In brief CTM360 identified a “ClickTok” campaign using over 10,000 fake domains that mimic TikTok Shop to steal user credentials and distribute malware through phishing pages and trojanized apps. Scammers deploy fake Meta ads and AI-generated TikTok videos mimicking influencers to direct victims to fraudulent storefronts offering heavily discounted products paid for with cryptocurrency. The…

Coins

Professor Coin: What Gives Bitcoin Its Value?

In brief Academic research points to a number of factors influencing Bitcoin’s value. They encompass programmed scarcity, network effects, and cost of production. Studies have also found that sentiment and belief play an outsized role in determining the value of Bitcoin. Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the…

Law and Order

CoinDCX Employee Arrested Over $44M Exchange Hack

In brief Bengaluru police say hackers used a fake freelance job to trick a CoinDCX employee into installing malware on his office laptop, which was later exploited to steal $44 million (₹379 crore) from the exchange’s liquidity wallet. The employee, now in custody, claimed he was unaware of the breach; police say tracing the funds…