Contributor:陳梅慧 Miffy、尤芷薇 Yoyo This report’s newest version can be found here 原始中文報告請點此下載 Timeline of report publication Publication of the Chinese report v1.2: April 12, 2024 Publication of the English report v1.2: Aug 06, 2024 Note: A full version of this report has been submitted to the relevant law enforcement agencies. Read More
Taipei, 26 Feb 2024 – The prevalence of cryptocurrency investment and financial fraud poses significant challenges to victims, often leaving them unable to recover defrauded assets even after cases are solved. In a groundbreaking collaboration, Taiwan’s Criminal Investigation Bureau (CIB), the Judicial Reform Foundation (JRF), and blockchain-enabled financial institution XREX… Read More
Due to recent events and aftermath caused by the insolvency of FTX, there has been a widespread movement where crypto users convert coins, tokens, and stablecoins into USD as they look to tide over this period of extreme volatility. Amidst this wave, not only are users looking to avoid risks,… Read More
In the previous article, Web 3.0 Information Security Guide — What You Need to Know about Blockchain Threats, we discussed the definition of Web3, damages/losses in Web3 security incidents, intentions and goals of hackers, and three attack methods and their prevention measures. In this article, we will continue to discuss six… Read More
There’s plenty of buzz around Web 3.0 and innovations in blockchain and cryptocurrencies, but few understand the hidden risks of this technology. As it is still emerging, widespread misuse raises concerns about fraud, money laundering, and hacking. In this article, the XREX information security team will introduce information security in… Read More
If you read about Bitcoin and cryptocurrencies primarily from the mainstream media, you would be forgiven in thinking that any kind of involvement in Bitcoin could result in you getting scammed. Indeed, “Bitcoin” and “scams” are increasingly being used together often to describe almost any fraud related to cryptocurrencies. The… Read More
Yesterday the XREX secops team noticed an AML alert — one of our users tried to withdraw funds into wallet: 1BT5vBb9WKudUAX51jiWi3pAawobD3mZwM; our system blocked this withdrawal due to its high CipherTrace risk score. (Also published on Hacker Noon) Nigerian Crypto Scam Group launched more than 30 different scam websites. [Investigation Summary] ======= Victims: 1000+ people from worldwide,… Read More
Yesterday as we celebrated being online for a full six weeks, our AML engine alerted our secops team of a suspicious series of transactions. It was after office hours but the compliance and secops teams were back in full swing. Using our partner CipherTrace’s tools, we were able to very quickly conclude… Read More