Google Security Expert Warns Against Bitcoin Bragging Online

Google Security Expert Warns Against Bitcoin Bragging OnlineMark Risher, Google’s director of product management, Google Identity, account security, and spam & abuse, recently urged cryptocurrency investors not to brag about their virtual currency holdings online. Also Read: Netherlands’ Largest Bank ING Group Fined $900M for Money Laundering Google Security Expert Cautions Traders Against Boasting Online In a recent interview with CNBC, Google security […]

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Crypto-Flashbacks: How the Media Pumped the ICO Known as Paycoin

Crypto-Flashbacks: How the Media Pumped the ICO Known as PaycoinJust recently Josh Garza was sentenced to 21 months of prison and six months of home confinement for his role in the many Ponzi scams like Gaw Miners, Zen Miners, Hashlets, and of course the controversial Paycoin that appeared in 2014. Back then lots of people were scammed by Garza’s schemes but he had a […]

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Josh Garza Sentenced to Prison and Fined $9M over GAW & Paycoin Scam

GAW/Paycoin 2014 Scam: Josh Garza Sentenced to 21mos Prison, $9M FineU.S. Attorney’s Office District of Connecticut has announced Homero Joshua Garza (Josh Garza) has been sentenced to “21 months of imprisonment, followed by three years of supervised release, the first six months of which [Mr. Garza] must spend in home confinement, for his role in his companies’ purported generation and sale of virtual currency.” The […]

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ABLE Project Exit Scammed, and These Crypto Firms are to Blame

It’s not secret that a dauntingly large percentage of ICOs are fraudulent from the start. However, in most cases, it’s quite simple for speculators to separate the scams, and funds are primarily accumulated from inexperienced or otherwise naive investors that the coin offering targets. Unfortunately, every now and then, these scams pass, unsuspected, until the […]

The post ABLE Project Exit Scammed, and These Crypto Firms are to Blame appeared first on NullTX.

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Top 5 Ways to Spot an ICO Scam in 2018

2018 has proven to be rather successful for the initial coin offering industry. This is despite some of the key risks and pitfalls associated with ICOs still remaining place. With so many new investors joining the risk, the five following best practices are need to be taken into account at all times. Culling the weed […]

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Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It Up

Reuters: Venezuela’s Petro Has No Users, No Investors and No Oil to Back It UpThe petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions, while others see it as a scam by a corrupt government that already inflicted economic calamities, such as hyperinflation, against […]

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The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison

The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in PrisonIn today’s edition of Bitcoin in Brief we cover stories about the latest development in the ongoing Chinese government crackdown on online crypto forums, an ICO head who faces up to fifteen years in a US prison for securities fraud, and more. Also Read: Investor Portal Launches Jobs Board for Cryptocurrency Industry Chinese Crackdown Continues […]

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Bitcoin Lost: The Heroic and Maddening World of Crypto Wallet Recovery

Bitcoin Lost: The Heroic & Maddening World of Crypto Wallet RecoveryDavid Veksler of Walletrecovery.info has seen it all. News.Bitcoin.com caught up with the man many in the ecosystem call upon when the ‘you-know-what’ hits the fan. Lost seeds. Fires. Seemingly unrecoverable hard drives. Mr. Veksler views the impossible as an interesting problem, a puzzle to crack. As more folks onboard into cryptocurrency, and as prices […]

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Thai Central Bank Defends Cryptocurrencies

Thai Central Bank Defends CryptocurrenciesIn the high-profile Thai crypto fraud case involving an actor, Thailand’s central bank has clarified that the fraud is not related to cryptocurrency trading, but a general misuse of money. Thailand has recently legalized seven cryptocurrencies, authorized seven crypto firms, and the Bank of Thailand has green-lighted commercial banks’ subsidiaries for crypto activities. Also read: Yahoo! […]

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India Bitconnect Head Arrested

India Bitconnect Head ArrestedAlleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots […]

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