Google-owned video-sharing platform YouTube reportedly ran a malicious ad for the Electrum Bitcoin wallet by mistake. Video-sharing platform YouTube purportedly ran a malicious advertisement for Bitcoin (BTC) wallet Electrum by mistake, according to a Reddit post published on March 26. Viewers interested in the advertisement were redirected to a malicious link using a common scamming […]
Continue ReadingMicrosoft-owned search engine and advertisement platform Bing noted that it blocked over five million cryptocurrency-related ads last year. Microsoft-owned search engine and advertisement platform Bing noted that it blocked over five million cryptocurrency-related ads last year in its “Ad quality year in review 2018” report published on March 25. Bing notes that the pseudo-anonymity of […]
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Indian law enforcement has arrested four more suspects allegedly involved in a cryptocurrency scam that amassed nearly $17 million. Law enforcement in Mumbai, India have arrested four more suspects allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (over $14 million). English-language daily media outlet The Times of India reported on the arrests […]
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The U.S. Attorney for the Northern District of Texas reportedly described Jared Rice’s plea as one of the first of its kind. The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested […]
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At least one scammer is reportedly gaming other users on the blockchain-powered event betting platform Augur by creating deliberately invalid markets. At least one scammer is reportedly gaming other users on the blockchain-powered event betting platform Augur by creating deliberately invalid markets, according to a Reddit thread published on March 20. Created by the non-profit […]
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The crypto elite are hiring bodyguards, but that may change once the industry becomes more legitimate. Security is paramount in crypto. “Keep your hardware wallets safe,” we’re told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven […]
Continue ReadingThe malicious Google Chrome web extension was tied to a fake token airdrop from cryptocurrency exchange Huobi. A Google Chrome browser extension tricking users into participating in a fake airdrop from cryptocurrency exchange Huobi claimed over 200 victims, a security researcher reported in a blog post on March 14. The extension for Chrome web browser, […]
Continue ReadingThe U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-backed crypto. The United States Treasury Department has added Moscow-based bank Evrofinance Mosnarbank to its sanctions list, alleging it was the “primary international financial institution willing to finance” Venezuela’s controversial national oil-backed cryptocurrency, Petro (PTR). […]
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A bill regulating digital currencies has been filed in Texas that requires users to identify themselves before making payments. A bill requiring users to identify themselves while using digital currencies has been filed on March 8, according to the official Texas legislature portal. The bill’s text contains the definitions of digital currencies, digital wallets, distributed […]
Continue ReadingTesla CEO said that Bitcoin’s structure is “quite brilliant.” Last week, technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant,” adding that digital currency is “a far better way to transfer value than pieces of paper.” Notably, that was perhaps the most straightforward comment on cryptocurrencies and blockchain from […]
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