Sat, November 16

Search Results for: crypto scam

Will Regulation Navigate DeFi and NFTs To Go Mainstream?

As per popular predictions, the NFT sector would attain $210 billion by 2030. Overall TVL of the DeFi sector is under $90 billion, at press time. Last week, the prominent experts in the crypto and blockchain industry across the globe gathered on the panel of AIBC Americas Summit 2022, a

July 27, 2022 2 mins read

TBIS CEO Michael Stollery Pleads Guilty to 2018 Fraudulent ICO

As per DOJ, Stollery failed to properly register TBIS’s offering. It is anticipated that he will be sentenced on November 18, 2022. Titanium Blockchain Infrastructure Services (TBIS) CEO Michael Stollery has pled guilty to his participation in a scam that brought in $21 million via a false initial coin offering

July 26, 2022 2 mins read

FCA Warns UK Investors About Risky Clone Firms

zfxtrade.com is accused of using the FCA-authorized firm’s legitimate details.  As per FCA, the website defrauds people in the United Kingdom. On Monday, the UK’s Financial Conduct Authority (FCA) released a cautionary notice about a clone firm for impersonating the financial trading platform, Zenfinex Group. The authority claims that the

July 26, 2022 2 mins read

 Tim Sweeny’s Epic Games Won’t Ban NFTS

NFTs will be allowed in the Epic Game store. By the end of 2021,Epic Games store had over 194 million users. Tim Sweeney, the founder, and CEO of Epic Games asserts that his company certainly won’t follow Minecraft’s creators in outlawing Non-Fungible Tokens (NFT). On July 21, Tim Sweeney posted

July 22, 2022 2 mins read

Hackers Exploit ‘Premint’ NFT Registration Platform Stealing 320 NFTs

Hackers made more than $400,000 in profit by selling stolen NFTs. Hackers used malicious JavaScript code to infiltrate the Premint website. In one of the largest thefts of the year, hackers broke into Premint, a popular NFT registration platform, on Sunday and made off with 320 stolen NFTs and made

July 19, 2022 1 min read

Will Musk’s Abrupt Twitter Deal Drop Lead to Another Lawsuit?

In 2018, a sexual harassment case was filed against Tesla’s CEO. A lawsuit against Musk for promoting Dogecoin is in proceedings. Twitter reportedly wants to take legal action against Tesla and SpaceX CEO Elon Musk over the decision of terminating the 44 billion dollar deal. And appoints the New York

July 11, 2022 1 min read

An End to the Elon Musk and Twitter Deal?

The twitter $44 billion deal has been terminated by the Musk Party. The reason stated is the breach in certain sections as per the merger agreement. Elon Musk officially sent a notice stating his termination from the Twitter deal to the chief legal officer of Twitter on July 8. This

July 9, 2022 2 mins read

Open Sea Blacklisted Popular NFT’s Including BAYC

In may the Open sea discarded the channels which promote the fraudulent  Items marked as stolen by OpenSea can frequently be seen sold on LooksRare Open Sea, the largest marketplace for buying and selling Non Fungible Tokens (NFTs), has been blacklisted for its major collections, which are valued at over

July 8, 2022 2 mins read

The ALTER EGO Organizes Art Event In Venice To Unveil NFT Collection

The “Memento Mori” Art Performance Illustrated The Flaws In The Crypto Industry And Introduced A Special NFT Collection With Unique Benefits The ALTER EGO Project Group recently organized a major art event in the city of Venice to celebrate the release of the exclusive NFT art collection, Memento Mori. The

July 8, 2022 3 mins read

1 Billion Chinese Resident’s Data Being Sold For 10 Bitcoins by Hacker

According to current figures, the asking sum totals $202,806. Claims have been made that the Shanghai National Police database was hacked. An unidentified hacker allegedly took approximately 23 terabytes of data of one billion Chinese residents from a Shanghai police database. According to experts, this would be one of the

July 6, 2022 2 mins read