Jul 09, 2019 at 14:35
Bitcoin Ponzi Scheme Left African Investors with No Money
Another Ponzi scheme, dubbed Bitcoin Wallet, left investors with nothing, according to the Ladysmith Gazette. The investment scheme was one of the most lucrative projects in South Africa that saw many potential people, investors and companies willingly put their money in it, with the hope of acquiring abnormal returns in the shortest time possible.
Mar 28, 2019 at 16:06
Search Engine Bing Blocked Over 5M Crypto Ads
In its report published on Monday, March 25 dubbed “Ad quality year in review 2018,” the Microsoft-owned advertisement platform and a web search engine – Bing – revealed that it blocked more than 5 million crypto-related ads.
Mar 25, 2019 at 12:54
Age of Scams: ICO Investor’s Plight
Blockchain offered the world a new model for a p2p economy, introducing free global trade without intermediaries and reliable storage of value without the fear of seizure or account freeze by regulators. Along with this new paradigm of money arrived a new paradigm of fundraising. The so-called ICO (initial coin offerings) gave businesses easy and global access to investor money and provided investors themselves with endless opportunities.
Monero to Prevent ASIC Mining, Hard Fork Scheduled for March 9
XMR developers, and the whole team at large, are ready and in high gear to fork their network on Saturday, March 9th 2019 in order to lower the effectiveness of ASICs (application-specific integrated circuits). The hard fork might cause a change to the Monero proof-of-work (PoW) algorithm and also lower the hash rate competences of ASIC miners by a significant factor of over 2.5.
Become Immune to Scam ICOs with 5 Simple Rules
ICOs, or initial coin offerings, have been around for a few years now. However, it was only the last year when they stepped out of shadows and magnetized the attention of mainstream media, regulators, and, most of all, wannabe investors. The examples of astonishingly successful campaigns that managed to raise millions in a few minutes inspired lots of other ‘disruptors’ to run a campaign of their own.
CONSOB: Italian Regulators Roll Out Enforcement on Rustic Crypto Scams
Italian authorities have come out to prohibit the sale of two dodgy crypto investments operating in the country for three months in an attempt to safeguard the local investors. The Commissione Nazionale per la Societa e la Borsa (CONSOB) is similar to the U.S SEC and is currently Italy’s main financial regulator.
Bitcoin Bomb Fright Connected with Sextortion Swindlers
The recent ‘bomb threat’ spam campaign seems to be a subsidiary action to another disgraceful email blackmail effort. Organisations and institutions such as universities, news outlet, schools, businesses across the globe are facing fake bomb threats.