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According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. An analysis of the situation on the blockchain shows that the token received fewer than $1,000 in purchases before Robinhood removed […]Powered by WPeMatico
Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto account posts, the thread is teeming […]Powered by WPeMatico
Since the very early days, back when people learned how to create new cryptocurrencies or quickly build infrastructure models like digital asset trading platforms, many scams started to spawn frequently. According to the blockchain surveillance company Chainalysis, over the last two years fraud in the Ethereum ecosystem has run rampant and it’s been the “cryptocurrency […]
The post Data Shows Ethereum is the ‘Cryptocurrency of Choice for Scams’ appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 2 The Double C-Word in the Private Sector The first rule of the politics of fear is that if you want to make something sound scarier than it actually is, you add the word ‘culture’ at the […]
The post Wendy McElroy: The Double C-Word in the Private Sector appeared first on Bitcoin News.
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Criminals and scammers have become all too common in crypto. Over the past few years, we have seen numerous methods of attack, with varying degrees of success. One new scam making the rounds is rather threatening in nature, even though not much effort has been put into it. Threatening Cryptocurrency users Won’t Work According to information shared on Reddit, scammers are getting more desperate when it comes to obtaining cryptocurrencies. More specifically, this latest scam indicates people are just sending out random emails with some harsh language in the hopes of getting recipients to send them a vast amount of BitcoinPowered by WPeMatico
The cryptocurrency phenomenon has led to numerous scams on social media platforms. Companies that are claiming “guaranteed investment” and “no risk of losing money” are taking you to be a crypto-fool. There is no such thing as a guaranteed investment. On its face, investment comes with the risk of losing money. So, how have these scams evolved? Empty Promises Initially, scammers would announce giveaways and contests, promising to send certain amounts of crypto (ETH, BTC, or LTC) to the “first 50 people” to respond or provide financial information. This allows scammers to gauge the types of responses they get, and then lookPowered by WPeMatico
There has never been a lack of people who would like to create their own cryptocurrency. Even though thousands of such projects exist already, people always find a new reason to start over. For most aspiring cryptocurrency developers, there is a big problem, though. Few people actually know how to create their own version of Bitcoin. It seems some people are willing to pay up to US$5,000 on Upwork to get their own version of Bitcoin or Ethereum. It’s a worrisome trend, but one that is entirely to be expected at this stage. Expect a Wave of new Cryptocurrencies Considering that powerfulPowered by WPeMatico