Cryptocurrency Scams – Page 3

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well as for international remittances among many growing use cases. However, this […]

The post Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria appeared first on Bitcoin News.

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South Korean Police Raid Crypto Firm Which Claimed to Possess Sunken Treasure

In the old days, people invested in gold as a store of wealth as its value was universal and largely stable. However, cryptos changed the game and attracted a lot of investment which otherwise would have gone to gold. But what if you could merge the two? This was the promise that swayed many investors […]

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Report Shows Cryptocurrency Scams Remain Popular in Australia

Cryptocurrencies have become a lot more appealing to the masses over the past few years. With so many new people entering this ecosystem, criminals will try to exploit any and all flaws and weaknesses for some time to come. A new report shows that Australians lost AUD$2.1 million to cryptocurrency scams in 2017. Cryptocurrency Scams Remain a Problem Anyone who has kept a close eye on the cryptocurrency industry over the years will be all too familiar with the numerous types of scams out there. This has become a very annoying and troublesome trend, and it seems things are not improving

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