The cryptocurrencies have started to march in the front lines alongside stock markets, Forex, and other trade commodities. However, this current rise has also given rise to many intricate types of cryptocurrency scams. A huge number of these scams are targeted towards the crypto communities present on social media. Scammers took to these communities because […]
The crypto scams are not something that is fooling the commoners and unsuspecting users only. These scams have grown so complicated and advanced that they have started to affect the professionals of the industry. One such scam was recently noted on the MetaMask- a digital wallet service provider platform. It seems that scammers are using […]
The popularity of Bitcoin and other cryptocurrencies has made people susceptible to get rich quick schemes. However, some other types of scammers are not afraid to take advantage of the vulnerability of the old people and go to the extent of psychologically manipulating their victims. FBI and the Cuyahoga County Scam Squad in Cleveland are […]
Most crypto scams are introduced into the market with hackers who write malware codes and sell Trojan applications in the underground markets. However, the Simple Cool Automatic Money, a relatively new cryptocurrency with a market cap of $70 million, has a very different story. The cryptocurrency was introduced by a TikTok user who goes by […]
Due to the increasing value of cryptocurrencies, more and more scam artists are emerging in the markets. However, very few ones are as bold as the WeSteal Application developers. WeSteal is a crypto-malware that is being sold on the underground market. The developers are not worried about being diplomatic and let the users know right […]
The DeFi is a term that stands for Decentralized Finance. The DeFi system is a digitized alternative for the traditional financial practices that are used traditionally for the fiat banking system. The users can get exposure to crypto by gaining interest through establishing savings accounts or a Certificate of Deposit. Since the DeFi projects are […]
Mining takes a lot of space and computing power. Some scam developers chose to use other’s computers for mining the digital currency. This phenomenon is called cryptojacking, and the recent rise of crypto popularity is posing a threat to the resurfacing of this trend. The first reported incidents of cryptojacking were reported in the 2017-2018 […]
The environment around cryptocurrencies and Bitcoin in Canada is generally very encouraging. There are several Bitcoin, and Ethereum pegged exchange-traded funds in the region. The CEO of Shopify, a Canadian blue-chip company, was recently found pondering over the ERC120 token system. Due to the vested interest of major players in the market, the general perception […]
Sylvia Chau is an Australian native residing in Sydney. She has lost a heart-wrenching amount in the ongoing crypto scams. It seems that the numbers of fake crypto exchanges are on the rise in the Australian markets. The ongoing crypto fever has imposed many people to seek an easy method of acquiring digital assets through […]
Thodex is a Turkish crypto exchange that has about 400,000 registered users. Recently, the exchange locked out thousands of users across the country. Initially, the company website explained that services of the exchange would be halted for five days. However, the questionable escape of Thodex CEO, Faruk Fatih Özer, and suspension of his social media […]
scamsrecovery.com is a scam! Are you someone who has become a victim of some online scam? If that’s a yes, you are not alone in that. There are millions of people who get scammed every year because they fall into the traps of these scams. These people just want to make some money, and their […]
The financial regulator in Sweden believes that it would be best if retail investors avoided financial products featuring unpredictable cryptocurrencies as their main asset. FI or Finansinspektionene, Sweden’s financial regulator has cautioned retail traders again about the significant risks linked to Bitcoin (BTC) trading. It published more suggestions after finishing a more comprehensive research of […]
OakfortRecovery.com is a scam! I have been seeing a rise in money recovery services in recent years. Looking at the increasing scam incidents, I am thankful to these services that they are trying to protect new and innocent online traders and investors from getting scammed. You might think that you can’t be scammed, but I […]
Where cryptocurrency is concerned, 2020 was not exactly surprising, considering that 2019 was even much worse. In 2020, cryptocurrency worth USD 2.7 Bn was lost in frauds; however, it represents 50% of the USD 7 Bn lost in 2019. However, whatever the case, some unusual happenings from the previous year have earned South Africa a […]
Winchargeback.com is a scam! There is no doubt that the internet offers a world of benefits to people. It has brought about a ton of conveniences in our daily lives and has made things simpler and easy for people, but this doesn’t mean that it is without its risks. You have probably heard of online […]
Claims International Review In the past few years, the online scams’ industry has grown and expanded rather rapidly. You will come across countless stories where people ended up trusting unregulated trading platforms and became victims of scams at the end of the day. This can be disastrous for a lot of people, especially if they […]
While Bitcoin (BTCUSD) is being favored by institutional investors, prices of crypto are on a tear. Meanwhile, the Financial Conduct Authority (FCA) in the U.K. is not sure whether cryptoassets can be categorized as a safe investment or not. The agency, which is in charge of overseeing all the financial markets based in the United […]
Scammers are capitalizing on the eagerness and concern people are experiencing and conning them. Vaccine email scam The Centre, the cyber awareness cell has cautioned users about cyber frauds concerning coronavirus vaccines. People in India are becoming more and more impatient, anticipating a vaccine against the unusual coronavirus soon. But, because of the state’s significant […]
TitanFundRecovery.com is a scam! So, I am telling you from my personal experience that losing your money in the hands of a fraud is not a very pleasing experience. Yes, I know you know that too, but when I say this, I say it with my heart. The moment you realize that you have been […]
Funds-Recovery.com Review Scams have been around for a long time. And much like the internet, they have improved considerably over the years. If you look at some of the scams around today, it is sometimes hard to tell the real and fake ones apart. With scams becoming more convincing, people have started falling for them […]
