Thu, October 9

New Study Reveals Cryptocurrency Risks Are Recognized by 68% of Americans

32% of the 1,000 participants did not disclose any knowledge of the related hazards. 56 % were aware of phishing emails or texts that could alert them to a shift in money. Crypto and blockchain technology have evolved over the years with more sophisticated measures regarding privacy and security. Despite

February 17, 2022 1 min read

Scammers Using OTP Bots to Trick Investors and Wipe Out Crypto Account

Hackers often use OTP bots as the last phase in their attack. The bots have a very high success rate for stealing money from the victims. Using bots acquired on Telegram, cybercriminals deceive people into handing over their crypto accounts to them. One Time Password (OTP) bots are “remarkably easy

February 17, 2022 1 min read

Romance Scams on Rise With Valentine’s Day Fast Approaching!

Romance scams with crypto are on the rise. FBI warns crypto investors amidst valentines day.  All countries are affected by crypto romance scams. Once the month of February arrives every year, so do the hearts! Yes, the much lovable month, the month with the valentines day, ought to merge hearts

February 13, 2022 2 mins read

Binance CEO Warns of SMS Scams!

Binance CEO warns users regarding a scam through a tweet. The fake SMS scam from Binance is spreading massively.  The link pulled out a new web page designed to steal all login credentials.  Yet, once more, Binance gets pulled into strings of scams. Though not by itself, but rather through

February 4, 2022 2 mins read

Crypto Frauds and Theft Accounted For Whopping $14 Billion in 2021

Theft of cryptocurrencies has increased by 516 percent since 2020. Cryptocurrency investment is on the rise throughout the world. As more people participate in crypto markets. There has been an increase in frauds and thefts of cryptocurrency. Covid-related uncertainty has led to a rise in popularity for virtual currencies like

February 1, 2022 1 min read

British Man Loses $200K to Lady Love in Online Crypto Scam

Jia presented herself to him as having “inside information.” The lady urged Tom to keep investing in the shady software. A guy in the United Kingdom was apparently duped out of over $200,000 of his life savings by a lady he met online. After the hustle, the guy stated that

January 30, 2022 1 min read

Binance User’s Scream With #BinanceStopScamming In Twitter

Social media are the platforms to fire up things within a fraction of a second whether it is positive or negative content. When regarded in the crypto sector Twitter pops up to be the prominent social media platform to post their suggestions and faults. It’s been a practice for users

January 27, 2022 2 mins read

Indian Authorities Seize Assets in $162M Morris Coin Crypto Scam

Scammers are on the rise as more Indians begin to trade in various coins. The scammers are accused of defrauding at least 900 people. According to a statement released Monday this week, the Indian Enforcement Directorate reportedly confiscated $4.9 million worth of assets from a businessman suspected of money laundering

January 13, 2022 1 min read

Financial Scam Victims Easy Target as Japan Lowers Legal Adulthood Age

Crypto investments may make you a fortune by the time you’re 20 years old. Six months after investing, he could not obtain the promised profits. Having the legal age of maturity in Japan reduced from 20 to 18 in April is expected to increase the number of young individuals who

January 9, 2022 1 min read

Hunt For More Associates of $95M BTC Finiko Ponzi

Russia issues arrest warrants for 3 more associates linked with Finiko ponzi. All wanted associates suspected to be hiding in foreign nations. Suspects to be hiding majorly in Turkey and United Arab Emirates. The Finiko ponzi scam has created such a hustle and bustle upon the nation, such that Russia

September 21, 2021 2 mins read
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