RAPTOR, a cryptocurrency based on the Raptor Jesus meme, saw its value skyrocket 3,000% since launch. Meanwhile, Wall Street Memes launched a $WSM token presale, raising $7 million in two weeks. Both RAPTOR and $WSM generate excitement, but crypto enthusiasts should be aware of risks investing in new and unproven projects.
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Inferno Drainer: How a Scam-as-a-Service Stole $6M and What We Can Learn From It
A scam vendor called “Inferno Drainer” has stolen $5.9 million in assets from 4,888 victims across 689 phishing websites. Specializing in multi-chain scams, Inferno Drainer provides scammers with ready-to-go code in exchange for a 20% cut of stolen funds. Crypto scams and hacks continue to pose a threat, reinforcing the importance of security and vigilance in the crypto market.