Police Arrest Alleged India Head of Now-Defunct Bitconnect Scam
Indian police have arrested a man who was allegedly involved in promoting the Bitconnect investment scam Go to Source Powered by WPeMatico
Scams
Auto Added by WPeMatico
The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That
Scammers are threatening to reveal cheating husbands to their wives and asking for bitcoin ransom – check the details in this edition of The Daily. A porn streaming website now rewards its users with tokens, and hair sprays are sold for BTC and BCH. Also, find out what Brits think about blockchain and learn about … Read more
‘Be Aware’: UK Financial Regulator Sounds Alarm Over Yet Another Crypto ‘Clone Firm’
UK financial regulators focus attention on second fraud operation this week involving a crypto company claiming to be an authorized firm Go to Source Powered by WPeMatico
South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold
South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship Go to Source Powered by WPeMatico
Researchers Reveal Network of 15K Crypto-Related Scam Bots on Twitter
New research finds a crypto-related Twitter scam botnet of at least 15,000 bots spreading fake giveaways Go to Source Powered by WPeMatico
The Daily: Twitter Blocks Bots Mimicking Musk, Coinvault Hackers Sentenced
In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. Also, crypto has been labeled as ‘junk’ by Mastercard CEO Ajay Banga, and Wirex has reported $2 million worth of XRP deposited … Read more
HashFlare’s Exit and the Future of Cloud Mining
Will this platform’s controversial move trigger the demise of cloud mining? Go to Source Powered by WPeMatico
Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned
According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. The proposal was introduced by the country’s Ministry of Industry and Trade (MoIT) after the SBV announced that cryptocurrency … Read more
US Ranked Top Destination for Coin Offerings, Majority of ICOs Identified as Scams
The US remains a leading destination for ICO projects according to a new study that also ranks Switzerland and Singapore in the top three. The report notes that authorities in other jurisdictions, like Russia and Estonia, are working to adopt favorable regulations in order to attract more crypto startups. The findings coincide with another study … Read more
ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts
According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and … Read more
