Browsing Tag
Scams
4 posts
Crypto scams in 2024: A turn for the better or calm before the storm?
In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times more than last December. In the meantime, losses in the crypto industry from breaches in 2023 decreased by more than half compared to 2022. Should we expect this decline to
Cryptocurrency scams: Are Australian banks closing the door on crypto?
Crypto exchanges such as Independent Reserve, BTC Markets and, until recently, Binance Australia, have used Zepto and Monoova to allow customers to move Australian dollars from one bank to the crypto exchange’s bank account.But last week, Zepto asked its crypto exchange customers to declare that they have appropriate controls in place to protect the users
7 Financial Scams, Bubbles, and Boondoggles That Are Definitely Nothing Like Cryptocurrency and NFTs
Photo: Tim Childers (Shutterstock)I’m not saying that cryptocurrency, “meme stocks,” and NFT are gigantic scams. They’re neither multi-level marketing schemes for computer nerds, nor fancy pyramids that are likely to end in heartbreak for anyone who puts money into them. Other people are saying these kinds of things. But I’m not.All I’m doing is putting…
The Giveaway Scams are Still Going: Using Microstrategy CEO to Steal From Hopeful Hodlers
A new giveaway scam has just launched and is reeling in a few unsuspecting people, so once again, we remind our reader to be vigilant and not to fall for these.New Ways to Lose CryptosThis time its the website https://bitcoin22.io/ and according to details on the site, each hodler of the digital asset has a…