Ethereum seems to have been the platform of choice for crypto scams over the past two years, but the trends of these scams have changed, according to research. According to a recent report from crypto analytics specialists Chainalysis, Ethereum (ETH) has become the crypto platform of choice for scam artists. Its research suggests that 2018 […]
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The top 20 cryptocurrencies are reporting discrete losses, with Bitcoin falling under $3,600 again. Sunday, Jan. 27 — most of the top 20 cryptocurrencies are reporting slight losses on the day at press time. Bitcoin (BTC) is trading under $3,600 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down nearly […]
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A link to a phishing LocalBitcoins clone website had reportedly been placed on the official LocalBitcoins forum. A link to a phishing LocalBitcoins clone website had been placed on the official LocalBitcoins forum, but the attack has since been stopped. A LocalBitcoins community manager warned of the attack on Reddit on Jan. 26. According to […]
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Scammers targeting Ethereum’s blockchain raked in $36 million in 2018, according to a report released by crypto analytics company Chainalysis. The value of Ethereum (ETH) stolen via scams reached $36 million 2018, according to a report released by crypto analytics company Chainalysis on Jan. 23. According to the Chainalysis report, scams that occurred last year […]
Continue ReadingBitcoin Private confirmed the secret creation of an additional 2 million coins, and South Korea rules in favor of Bithumb in investor lawsuit. Top Stories This Week Nvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining Demand Graphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that […]
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Phishing attack on crypto wallet Electrum has claimed multiple victims and allows the perpetrator to empty Bitcoin wallets. A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27. Subsequently confirmed by Electrum itself, the attack consists of creating […]
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Internet users worldwide have begun receiving emails claiming an armed “mercenary” will blow up their building. A suspected scam which threatens to blow up buildings unless recipients pay a Bitcoin (BTC) ransom caught the attention of the United States’ government Dec. 13. The scam, which centers on anonymous emails demanding payment of $20,000 in Bitcoin […]
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EOS’ governance model has attracted another round of criticism. This week, the EOS blockchain protocol angered decentralization proponents yet another time. Specifically, Starteos, one of EOS’ officially sanctioned Block Producers (BPs), appeared to publically offer its token holders financial rewards in return for their votes. Starteos’ vote-buying tendencies seem to fall in line with previous […]
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sponsored A peer-to-peer marketplace that enables people to buy Bitcoin using more than 300 payment methods is experiencing growing demand. A company that enables visitors to buy Bitcoin using more than 300 payment methods has reported growth in the number of transactions being completed using US dollars – and says it is determined to dismantle […]
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Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]
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