34 articles tagged with #fraud-prevention. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Casa, a Bitcoin security firm, has launched four new security features designed to counter social engineering attacks, which accounted for the majority of crypto thefts in 2025. The release comes as FBI data reveals crypto fraud losses reached $11 billion last year, representing a 22% year-over-year increase.
Google researchers have developed CASE, an AI framework using conversational agents to collect detailed scam intelligence from potential victims across digital payment platforms. Implemented on Google Pay India, the system increased scam enforcement actions by 21% by extracting structured data from victim interviews to identify sophisticated social engineering patterns.
Bybit's new fraud prevention system reportedly blocked $300 million worth of risky withdrawals in Q4 2025. Most of the prevented losses came from users voluntarily backing out after receiving real-time warnings, demonstrating a shift in exchange security strategies from post-incident recovery to proactive fraud prevention.
Researchers developed SpecularNet, a lightweight AI framework for detecting phishing websites that operates without external databases or cloud services. The system achieves 93.9% F1 score while reducing inference time from several seconds to 20 milliseconds per webpage, making it practical for real-world deployment.
Minnesota lawmakers are considering legislation to ban cryptocurrency kiosks following a surge in elder fraud cases, including one testimony detailing an $80,000 fraud involving overseas transfers. The proposed bill aims to address the growing problem of scammers targeting elderly victims through crypto ATMs.
OKX has expanded its partnership with Chainalysis by implementing Chainalysis Alterya, a fraud prevention system that blocks transactions to known scam addresses before they occur. According to Chainalysis estimates, $17 billion in crypto was stolen by scammers in 2025, with AI-powered fraud causing 4.5 times more damage than traditional scams.
OKX cryptocurrency exchange has expanded its partnership with Chainalysis to implement Alterya, a proactive fraud and scam prevention solution. This integration aims to detect and prevent fraudulent activities before they occur, enhancing security measures for the exchange's users.
The article highlights how scammers increasingly target cryptocurrency users during holiday seasons through fake investment offers and deepfake celebrity endorsements. It provides guidance on recognizing these scams and protecting against fraud during periods when people may be less vigilant.
