Scams

Did Craig Wright Lie About His Yacht?

2 weeks ago admin2 0
Craig Wright, the Australian man who once, and again, claims to be Satoshi Nakamoto, is doubling down on his claim. But did he lie about his yacht while doing so? In a tirade against Peter Todd, Wright doubled down on his claims that he was Satoshi, saying that Todd doesn’t get to decide what he Read More

Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO

2 months ago admin2 Comments Off on Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO
It’s no secret “buyer beware” has become a mantra in the world of ICOs, where blockchain startups are raising millions, sometimes with just a white paper, a bright idea and a few lines of code. Indeed, The Wall Street Journal recently found that 271 of 1,450 ICOs it analyzed displayed “red flags that include plagiarized investor documents, promises Read More

The SEC Just Launched a Fake ICO Website to Educate Investors

2 months ago admin2 Comments Off on The SEC Just Launched a Fake ICO Website to Educate Investors
The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings – even if it has to launch its own to do so. The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test, which “touts an all too good to be true Read More

Meetup’s Crypto Secret? Blockchain Scams Are Running Rampant

3 months ago admin2 Comments Off on Meetup’s Crypto Secret? Blockchain Scams Are Running Rampant
The line between crypto education and self-promotion has blurred. And nowhere is this more evident than on social media, where imposters are everywhere and scams are rampant. But as crypto Twitter devolves into all-out chaos, a similar deterioration of discourse is playing out on another popular site for crypto enthusiasts – Meetup.com, the startup acquired by co-working Read More

Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin

3 months ago admin2 Comments Off on Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin
Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest Read More

How to Defend Yourself Against Pump-and-Dump Crypto Scams

4 months ago admin2 Comments Off on How to Defend Yourself Against Pump-and-Dump Crypto Scams
Tanzeel Akhtar is an independent British journalist whose work has been published in the Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. “Pump and dump” schemes have been around since long before cryptocurrency was invented. What’s striking about the crypto markets is that this type of manipulation is done out in the Read More

North Carolina Orders Crypto Mining Firm to Halt Share Sale

5 months ago admin2 Comments Off on North Carolina Orders Crypto Mining Firm to Halt Share Sale
North Carolina’s government has sent a cease-and-desist order to a cryptocurrency company they say is selling unregistered securities in the U.S. state. The North Carolina Secretary of State Securities Division issued a temporary cease-and-desist order on March 2 against the European project PowerMining Pool. The move comes just under two months after that department issued a Read More

How ICOs Can Protect Buyers from Phishing Attacks

5 months ago admin2 Comments Off on How ICOs Can Protect Buyers from Phishing Attacks
Initial coin offerings (ICOs) have been just as much a boon for crooks as they have been for investors. Like clockwork, after a high-profile ICO is announced, cyber-criminals hatch a scheme to trick excited retail investors to send their ether or bitcoin to a phoney address. The industry largely reacts to phishing attacks by taking Read More

The Marketing Ploys of Clones: Another Project Aims to Create a ‘Perfect Bitcoin’

6 months ago admin2 Comments Off on The Marketing Ploys of Clones: Another Project Aims to Create a ‘Perfect Bitcoin’
News This week another bitcoin-based clone is coming called ‘Bitcoin Atom,’ a project that joins the myriad of other BTC copycats that have allegedly copied the protocol since late 2017. According to the team, the BCA network will launch when the bitcoin core network processes block 505,888 or roughly around January 24. Also read: South Korean Read More