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With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database The number of bitcoin […]
The post Here’s How to Check If a Bitcoin Address Is a Scam appeared first on Bitcoin News.
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Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive, it said in a report published July 10. For […]
The post Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report appeared first on Bitcoin News.
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Scammers impersonating Michael Bloomberg BTC giveaway on YouTube want your Bitcoins.
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Another outside observer of the controversial tether cryptocurrency is warning about the dangers it presents for the uninterrupted operation of USDT exchanges. Weiss Ratings is seeking to educate investors on the systematic risk tether introduces to the ecosystem. Also Read: Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors Inherent Risks of […]
The post Independent Ratings Agency Alerts Investors About Dangers of Tether appeared first on Bitcoin News.
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Since BitConnect (BCC) rose to the top echelons of CoinMarketCap’s chart several months ago, it has received much skepticism from the mainstream cryptocurrency community. Despite this, it has maintained a huge market cap, seldom dipping below the top 20 coins, and seems to be continually growing. It’s clear that BitConnect, which promises daily returns of around 1% for users who “loan” money by locking it up in BitConnect’s systems for a predetermined period of time, is a blatant Ponzi scheme. However, the scheme, which disguises loans as funds used by a trading bot, has been very appealing to naive investors, as evidenced by the coin’s huge market capitalizationPowered by WPeMatico