Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the … Read more

Six Fake Crypto Exchange Sites Busted by Ukraine’s Cyberpolice

The cybercrime combating unit of the Ukrainian police has uncovered a network of fraudulent crypto trading websites. Four people are suspected of offering the fake online exchange services. They have maintained at least six platforms luring cryptocurrency traders with deceptive messages. Also read: Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies Police on the Lookout for More … Read more

LinkedIn Co-Founder Launches ICOHub Platform to Weed out Scammers

Even though initial coin offerings remain a very popular industry, there are some concerns over how things are evolving as of right now. Especially given the growing number of scams and fraudulent ICOs out there, it is evident that something will need to change sooner rather than later. LinkedIn co-founder Eric Ly claims he has … Read more

FBI Warns of Crypto Scammers Posing as Exchange Support Staff

The Federal Bureau of Investigation (FBI) has published a document seeking to warn citizens of the increasing prevalence of scams executed through fraudulently posing as technical support staff for a company. The FBI’s notes that virtual currencies are becoming “increasingly targeted by tech support criminals.” Also Read: Mailchimp Latest Company to Ban Cryptocurrency Advertising Cryptocurrency Tech … Read more

Scammers Are Ruining Crypto Twitter and Twitter Is to Blame

You’ve heard of the scheme, seen the tweets, and been smart enough not to send cryptocurrency in the promise of receiving more back. The Twitter crypto scam, in which fraudsters impersonate the accounts of exchanges and influencers, is as simple as it is pernicious. While the odds of anyone falling for these scams is remote, … Read more