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- 1Scammers Trick Users into Bridging $2 Million to Fake GIWA Network●Scammers Fool Users into Bridging $2 Million to Fake GIWA Network
Fraudsters set up a counterfeit version of the GIWA network and convinced crypto users to bridge roughly $2 million into it, where the funds were effectively stolen. The scheme exploited trust in the GIWA name, catching victims who did not verify the bridge contract. Observers are warning users to double-check URLs and contract addresses before moving funds.
- 2Meta uses AI to fight AI-powered scammers●Scammers use AI to fake faces and voices. Meta is fighting back with AI of its own—analysing billions of signals to spot
Scammers are increasingly using AI to generate fake faces and voices in fraud schemes, prompting Meta to deploy its own AI defences that analyse billions of signals to detect patterns and remove accounts at scale. The company says it removed 159 million scam accounts in 2025. Meta's Dr. Rafael Frankel discussed this AI-versus-AI arms race, as concern grows over deepfake-driven online fraud.