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 […]
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 […]
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 […]
Scamadviser The first instance of scams began in 1994, when people added fake credit card names when trading online. While these might seem downright foolish today, these scams only worked because the internet was still new. People did not consider the possibility of someone using the internet to scam someone. Fast forward to 25 years […]
Action Refund is a Scam! No matter what product or service you are availing on the internet, it is always advised that you remain cautious. Why is this so? This is mostly because the internet is known as a hotbed for scams, frauds and other similar schemes that are designed with the purpose of exploiting […]
Black Friday is here, and consumers are warned to be vigilant about possible cybersecurity risks. Before Cyber Monday and Black Friday’s sales rush, the National Cyber Security Center has sent out guidelines to assist consumers in remaining safe online. The Centre’s objective is to allow shoppers to implement simple methods to decrease the danger of […]
This holiday period, it is anticipated that online shopping will increase, and it means more perils. In the U.S., the incidence of coronavirus cases is escalating, and this year you may wish to go on a shopping spree if you are still working. After all, the holidays present that time of year for expressing our […]
