Malware - sequences of complicated coding that could get past the defenses even for the most tech-savvy - has been at the heart of many internet scams. Malware is a significant concern to cryptocurrency users. Cryptocurrency Clipboard Hijackers is a well-known example of malware in crypto-asset transactions. This code looks for cryptocurrency addresses in the Windows clipboard. Whenever it identifies one, it replaces the transaction's designated location with just one controlled by the 'hijackers,' thus transferring money somewhere. You may not even discover that the address you've used has been modified until you're about to transact if you don't pay attention. A variant of this malware has already been capable of monitoring around two million crypto-asset addresses in some situations. Incidents of bitcoin theft can take numerous forms. Pyramid schemes, fraudulent crypto assets, ransomware, pump-and-dump schemes, and fake ICOs, to mention a few, were discussed in this article. Although non-compliance and fraud are becoming less common due to challenging projects of regulatory bodies and blockchain analytics professionals, there will still be recommended standards to adopt and "red flags" to be aware of when utilizing bitcoin.