Chinese Police Arrest 12 Fake ‘Huobi Officials’

Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be […]

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Public Service Announcement: Beware of Imposters Posing As Cointelegraph Journalists

Recently there has been a rise in the number of attempts to impersonate Cointelegraph team members and request money from organizations and individuals in return for the promise of positive coverage. Crypto community, be vigilant: Cointelegraph has recently noticed an increase in scammers purporting to be our journalists on Telegram, LinkedIn and other social media. […]

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Looks Like the Loom Network Has Thrown in the Towel

Available information seems to indicate that Loom’s future is shaky. According to available information at press time, sources show a highly uncertain future for the Loom Network, a platform-as-as-service blockchain project. Cointelegraph investigated a number of Loom Network communication channels, finding no firm proof of a live project.   A May 8 tweet from Bruno Skvorc, […]

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