Scam

5 Biggest Flaws of Cryptocurrency Industry in 2020
Jan 06, 2021 at 14:52
News
5 Biggest Flaws of Cryptocurrency Industry in 2020
2020 was quite a controversial year for the cryptocurrency industry. It started with the bearish sentiment, triggering the collapse of the market. However, the second half of the year turned out to be positive for cryptocurrency, as COVID-related lockdown triggered a significant interest in it.
Crypto Scammers Use Celebrity Endorsements to Promote Their Schemes, but Some of the Stars Are Actually Into Bitcoin
Nov 18, 2020 at 14:13
News
Crypto Scammers Use Celebrity Endorsements to Promote Their Schemes, but Some of the Stars Are Actually Into Bitcoin
People tend to look up to celebrities. That is why when they set a trend for something, common folks take up the trend almost immediately. For this reason, scammers often use their popularity to look more reliable and attract potential victims.
Cryptocurrency Scams Might Rise Amidst Second Wave of COVID-19 Pandemic
Nov 06, 2020 at 13:54
News
Cryptocurrency Scams Might Rise Amidst Second Wave of COVID-19 Pandemic
The outbreak of coronavirus triggered a significant growth of cryptocurrency scams in early 2020. Now, the second wave of the pandemic might trigger another boost of fraudulent activity.
Famous Rapper Fined for Endorsing Fraudulent ICO
Sep 14, 2020 at 12:21
News
Famous Rapper Fined for Endorsing Fraudulent ICO
While scammers take advantage of celebrities’ names without them knowing about this, some of the stars willingly take part in fraudulent projects. Thus, a famous US rapper known as T.I. agreed to pay a fine amounting to $75,000 for promoting a fraudulent ICO.
Phishing Scams Attacking Cryptocurrency Users; Is There Any Remedy?
Sep 07, 2020 at 13:06
News
Phishing Scams Attacking Cryptocurrency Users; Is There Any Remedy?
Phishing attacks have been a widespread tool for stealing and misusing people’s credentials. Now, they have penetrated the cryptocurrency industry, mostly to get access and steal the users’ funds.
Binance Establishes Cybersecurity Alliance to Prevent Fraudulent Activity
Aug 28, 2020 at 12:30
News
Binance Establishes Cybersecurity Alliance to Prevent Fraudulent Activity
After the news that fraudsters use Binance to launder stolen cryptocurrency funds, the exchange decided to take action to stop such activity. They have established a strong cybersecurity alliance.
Ripple in Trouble: Is the Altcoin Legitimate?
Aug 27, 2020 at 13:59
News
Ripple in Trouble: Is the Altcoin Legitimate?
Talks about Ripple being a scam pop up every now and then. The altcoin’s runner, Brad Garlinghouse even had to handle several lawsuits concerning registration problems. Nevertheless, XRP remains the third-largest by market cap.
Ryanair CEO Compares Bitcoin to a Plague. Why?
Aug 25, 2020 at 14:29
News
Ryanair CEO Compares Bitcoin to a Plague. Why?
The CEO of Ryanair, an Irish budget airline, Michael Kevin O’Leary (59-years of age), was involved in promoting another cryptocurrency scam without even knowing it. That made him turn extremely bearish and compare Bitcoin (BTC) itself to a scam.
New Crowdfunding Scam Holds Funds and Cuts Communication with Investors
Aug 17, 2020 at 12:38
News
New Crowdfunding Scam Holds Funds and Cuts Communication with Investors
Back in July 2020, CoinIdol, a world blockchain news outlet, received an email from one of its readers that wished to stay anonymous saying one was scammed by a project called PrepayWay. Later on, another reader, Sempiira Joseph Nyagwa claimed he was also scammed by the project runners.
1 2 ... 14