Ransomware was used as a decoy in some of the recent data-wiping cyberattacks against organizations in Ukraine, Symantec reports.

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On February 24, 2014, infamous bitcoin exchange Mt. Gox went offline after 744,000 BTC — worth billions of dollars today — was stolen.

An elderly man who drove home from Rivers Casino Pittsburgh was pistol-whipped and robbed of his winnings in front of his Aspinwall, Pa. residence early Tuesday. A suspected assailant, Jaimeca Johnson, a 28-year-old woman of Forest Hills, Pa., was charged. As he entered his driveway, Johnson allegedly pointed a gun at him and threatened: “Give […]

The post Rivers Casino Pittsburgh Elderly Winner Robbed, Beaten, Hospitalized  appeared first on Casino.org.

   Last year, the media latched onto the story of Squid Game Token, a token on the Binance Smart Chain (BSC) that flew to a staggering multi-million dollar marketcap before the developers locked the trades and stole the liquidity, in a move known colloquially as a “rug pull.” To onlookers, the crime seemed extraordinary, but to those well-acquainted with the ecosystem, it was anything but. 

In the world of decentralized finance (DeFi), rugpulls and similar “Boiler Room” style scams such as honeypots are somewhat commonplace and are treated almost like an occupational hazard to be avoided; indeed, one can even purchase their own honeypot scam on Fiverr for as little as $15. However, one team of developers, recognizing the danger posed by these criminal elements, has decided to take matters into their own hands with a new project called NeverRug, launching on the BSC on March 1st.

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The vision of NeverRug may be grand: to provide a regulating force within the DeFi ecosystem and rid it of fraud to restore investor confidence and foster growth; however, their two-prong approach is simple. 

A Capital "C" Community Token

The first part is building a foundation of education, rooted around a community–something that is well-underway, according to developer and team spokesman Kevin Glynn, who comes to the project from a background in financial technology. 

“We previously did a quiet test-launch of the NeverRug concept, and the support from the community was so great that we decided to pool our resources and give it a proper launch. From this community, we hope to see a wellspring of safe, vetted projects that can grow with mutual support and promotion.”

The second prong of the approach comes from the technology the team brings to the table: the NeverRug software will build upon risk assessment AI already utilized by some insurance companies to assign projects a “Pull Score.” This software will analyze the important metrics of DeFi projects in ways that eclipse all current competitors, and will strive to become the standard rating system within the environment. 

“Most scanners out there just read contracts and flag functions commonly used by scammers, however, their scope is somewhat limited and prone to errors–shady developers know how to game those metrics to look good, and honest developers are often misclassified as bad actors,” says Glynn, “through holistic methodology, we aim to change that.”

Preserving the DeFi Environment

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This form of analysis includes analyzing the media presence of a project both on socials and more traditional outlets, and incorporating those metrics into the overall score. For example, a project could have a sizable following on social media, which would be a net positive, but the software could dig deeper and, through analysis, uncover that a majority of the following is just ‘bots,' which would count against their overall score.

“This is only our first step though,” explains Glynn, from his office in Cambridge, “from there, we plan to provide more in-depth audits of projects that we can, in turn, share with our community. Our mascot is Pully, an orangutan who also serves a forest guardian; that's how we see ourselves in this project. We see an intrinsic value in this ecosystem, something good that's worth protecting, and we think we can be the ones to foster positive growth here, and that's what we plan to do.”  

NeverRug Token will launch on the Binance Smart Chain on March 1st, but pre-sale information is now available at the NeverRug Website where the token will be for sale after launch, as well as through the Flooz.Trade and PancakeSwap exchanges. You can follow the NeverRug Project channel, or the community channel in Pully's Lounge Telegram, or read the NeverRug whitepaper.

Disclaimer: All investment strategies and investments involve the risk of loss. Nothing contained in this article should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

Ukrainian cyberpolice have arrested members of a phishing group that managed to steal credit card data from at least 70,000 people after directing them to fraudulent mobile service sites. The threat actors used the stolen information to empty funds from their victims’ bank accounts, according to the announcement on Tuesday from law enforcement. Five individuals have been […]

Armao -TLA's team captain and jungler - has had a career like few others - in the LCS and even the world. He's seen ups, downs, and undulations that would have knocked most players out of the game. But he's endured them all, working towards the dream of playing in the LCS with same vigor he's had since he was on a top TSM team, a wild Echo Fox roster, or even an unknown COG amateur team. Learn about his history and drive in this article.

Solana NFT marketplace Magic Eden will now demand 'Launchpad' users issue identity docs just weeks after Buzzfeed outed Bored Apes' founders.

The post Too many rug pulls: NFT marketplace now forces ‘doxing’ of NFT creators appeared first on Protos.

The time has finally come Guardians: Savathûn is finally going to show us her true power. With the launch of The Witch Queen expansion, Bungie is preparing to turn Destiny 2 up to 11, and start to bring to a close the whole Light/Dark story arc that has been going on almost since Destiny 1. Oh, and Numskull Designs have created a rather gorgeous statue too.

The post Get Lost in Savathûn’s Throne World with Destiny 2’s The Witch Queen Expansion; Numskull announce new statue appeared first on TheXboxHub.

Malicious actors took advantage of a smart contract upgrade process in the OpenSea NFT marketplace to carry out a phishing attack against 17 of its users that resulted in the theft of virtual assets worth about $1.7 million. NFTs, short for non-fungible tokens, are digital tokens that act like certificates of authenticity for, and in some cases represent ownership of, assets that range from

A Washington, DC man is likely to be sentenced to 10 and a half years’ incarceration for last February’s abduction of a victim from a Maryland casino. Officials have yet to identify the gaming property. On Thursday, Christopher Allen Young, 26, who also goes by the name of “40,” pleaded guilty to conspiracy to commit […]

The post Maryland Casino Admitted Kidnapper Facing Over 10 Years in Prison for Abduction appeared first on Casino.org.

OpenSea NFT marketplace faces rumors of a hack. The company denied the rumor and instead said it was a phishing ...

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Users of OpenSea were once again the victims of hacks yesterday, with millions worth of NFTs stolen.

The post OpenSea suffers “phishing” attack, users lose NFTs worth millions appeared first on CryptoSlate.