Trust

Celebrities Promote Suspicious Projects, Lacking Knowledge to Tell a Legitimate Project from a Scam
Sep 12, 2021 at 09:50
News
Celebrities Promote Suspicious Projects, Lacking Knowledge to Tell a Legitimate Project from a Scam
The UK Financial Conduct Authority (FCA) accuses Kim Kardashian of promoting a risky cryptoasset token that could be a scam. Is this a result of a lack of awareness or a drive for money?
3 Reasons Why Bitcoin Remains the King of Cryptocurrencies
Jul 28, 2021 at 10:28
News
3 Reasons Why Bitcoin Remains the King of Cryptocurrencies
Research has shown that most bitcoiners are so obsessed with the cryptocurrency that they would not give up even if bitcoin value dropped to just below $3,000. Lately, bitcoin has lost more than half of its value, but why are many people willing to lose so much and still not give up?
DEFIT’s User Reward System
May 10, 2021 at 09:09
News
DEFIT’s User Reward System
The world of decentralized finance has gained its popularity for various reasons such as low costs, more transparency, increased reliability and trust, faster transactions, and much more. However, one specific characteristic of DeFi plays the part of the primary driving force behind its popularity: incentives.
Robbers are Getting More Educated About Cryptocurrencies as They Target Private Keys and Cold Storages
Apr 25, 2021 at 10:10
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Robbers are Getting More Educated About Cryptocurrencies as They Target Private Keys and Cold Storages
While in this age of digitization no one gets surprised by hacks and virtual theft, physical robbery is still something that has not become a thing of the past. Moreover, ordinary burglars try to keep pace with progress as well. Thus, some of them are getting so sophisticated that they are interested in stealing cryptocurrencies through private keys and cold storage.
Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Dec 17, 2020 at 10:10
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Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Venezuela is amidst one of the toughest economic recessions in the country’s history. To reinforce their standing, its citizens turn to Bitcoin. The flagship cryptocurrency tends to be more stable than the Bolivar, or the Petro, an oil-backed crypto issued by the Venezuelan government.
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.
Giant Banks Undermine Trust in Traditional Finance; Bitcoin Community Celebrates
Sep 30, 2020 at 12:02
News
Giant Banks Undermine Trust in Traditional Finance; Bitcoin Community Celebrates
Despite people tend to trust traditional finance and banking more than their innovative alternatives, global giants prove they are not as reliable as it seems. As giant banks get themselves exposed to nefarious activity, people start exploring innovations like cryptocurrency, thus building trust in this kind of assets.
Ukraine and Russia at the Forefront of Embracing Cryptocurrency
Sep 17, 2020 at 13:30
News
Ukraine and Russia at the Forefront of Embracing Cryptocurrency
Eastern European countries are topping the list in cryptoasset adoption speed. Particularly, Ukraine and Russia have topped others because they have unduly intensive cryptocurrency usage. This shows that a bigger ration of nationals has moved away from traditional monetary activity to cryptoassets.
Cryptocurrency Scammers in the Philippines Exploit Local Celebrities to Trick People
Jul 29, 2020 at 13:58
News
Cryptocurrency Scammers in the Philippines Exploit Local Celebrities to Trick People
The trend to use fake endorsements from celebrities seems to gain momentum. Scammers from the Philippines now exploit local celebrities as well as global giants.
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