Tag: scams

Apr 04 2021

Top 4 NFT scams and how to avoid them

Apr 04 2021 Published at CryptoSlate under tags  edge nfts scams

Spend a few minutes in cryptoland on social media and you’re likely to find netizens speaking about celebrities or virtual artists ‘dropping’ their latest works in the form of a non-fungible token (NFT). NFTs, as they are popularly known, are cryptographic representations of tangible or intangible objects on the blockchain. These...

Apr 02 2021

New crypto-mining malware targets Call of Duty players

Apr 02 2021 Published at CryptoSlate under tags  hacks mining scams

Researchers at major video game publisher Activision have discovered a new malware program that installs hidden cryptocurrency miners on users’ PCs by masquerading as a “trainer” for Call of Duty: Warzone, the company revealed yesterday. NEWS: Hackers hid malware inside Call of...

Mar 31 2021

Apple Store scam sees users losing $1.6 million in Bitcoin

Mar 31 2021 Published at CryptoSlate under tags  btcusd scams

Apple users have lost over $1.6 million worth of Bitcoin and other cryptocurrencies to hackers after falling victims to a sophisticated phishing attack involving a fake version of the popular Trezor wallet on the firm’s ‘App Store,’ reported the...

Mar 29 2021

Thumbs Down: Instagram Influencer Scams Followers Out Of Millions In Bitcoin

Mar 29 2021 Published at Bitcoinist.com under tags  bitcoin bitcoin crime btc btcusd btcusdt

By the way of network effect, each new market cycle brings more and more attention to Bitcoin. The price per coin rises as more investors pile in looking for a piece of the profits the cryptocurrency is known for providing over the years. At the same time, however, it also attracts more criminals, scammers, and crooks to the cryptocurrency space. The scammers aren't...

Mar 25 2021

U.S. feds bust Instagram star for promoting Bitcoin scams

Mar 25 2021 Published at CryptoSlate under tags  btcusd scams

Federal prosecutors in Brooklyn bust one ‘Jay Manzini’ yesterday on charges of perpetuating a wire fraud using Bitcoin, city outlet Daily News said this morning. Buying Bitcoin...

Mar 23 2021

Binance Details DeFi Scams in Latest Academy Report

Mar 23 2021 Published at Altcoin Buzz under tags  binance defi finance and funding scams

In the latest article as part of its academy section, centralized exchange Binance has detailed the most common scams and dangers when dealing with decentralized finance. The DeFi scene is evolving at such a pace that not a day goes by without some new innovative way to invest emerging. Due to the largely experimental nature of many of these protocols and mechanisms, they...

Mar 20 2021

Binance Smart Chain project TurtleDex pulls the rug on its users and steals $2.5 million

Mar 20 2021 Published at CryptoSlate under tags  bnbusd scams

TurtleDex, a Binance Smart Chain dApp, exit scammed its users today, after its highly anticipated launch. Jet Fuel Finance, a yield farming ecosystem that partnered with TurtleDex, confirmed the scam on Twitter. A user called @DeFiStalker posted screenshots of the diverted liquidity pools. ApeSwap and PancakeSwap couldn't provide liquidity as users started desperately selling TTDX (TurtleDex's native token) at prices near zero....

Mar 18 2021

Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC

Mar 18 2021 Published at CryptoSlate under tags  btcusd scams

The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double his money. Another Elon Musk giveaway scam claims first victim While cryptocurrency scams have been around as long as cryptocurrencies have, it’s...

Feb 11 2021

How to spot a DeFi scam?

Feb 11 2021 Published at AirdropAlert under tags  airdrops cryptocurrency defi guides scams

Crypto scams have always been there. From the very early beginnings. And they come in different shapes and sizes, from Ponzi schemes to bogus investments, which makes them pretty hard to spot. In most cases, scammers request you to send money to a certain address or make a payment. The problem is that due to […] The post How to spot a DeFi...

Feb 04 2021

Discord Scammers Lure Users to Fake Exchange With Promise of Free Bitcoin

Feb 04 2021 Published at CoinDesk under tags  coinflash crime news policy & regulation scams

The scammers may be trying to collect a database of crypto users for sale on the dark web, said Kaspersky.

Jan 28 2021

Crypto is booming — here are 5 ways to make sure you don’t get scammed

Jan 28 2021 Published at CryptoSlate under tags  guest post scams

Crypto is booming. Since its creation in 2008, cryptocurrencies, other crypto assets, and blockchain technology have disrupted the way we think about money and decentralized systems. There's been growing widespread adoption of the technologies, more investments poured into crypto projects, and increasing legitimization of the industry. Big companies have been incorporating crypto into their portfolios, and even the recent pop of Bitcoin and...

Jan 25 2021

Substack Newsletters Are Being Used to Spread Crypto Scams

Jan 25 2021 Published at CoinDesk under tags  gnosis scams substack tech

Substack is being leveraged by scammers for its ease of use and reach.

Dec 18 2020

US Man Admits Using Bitcoin to Help Launder $630K From Romance, Lottery Scams

Austin Nedved pleaded guilty to involvement in scams that reaped over $600,000 by targeting the elderly and vulnerable.

Dec 16 2020

Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

Dec 15 2020

Another “rug pull” takes place, taking a $1.5m market cap Ethereum coin to $15,000

Dec 15 2020 Published at CryptoSlate under tags  defi ethusd scams

It appears that another DeFi "rug pull" has taken place as investors continue to throw money at an array of Ethereum small caps, even if they don't have fully-developed products or long-standing teams. A project that is known as DistX has seen its native token crash by literally over 99 percent in the past 36 hours, falling from a $1.5 million market capitalization...

Dec 12 2020

In one day, a total of $1.2 million worth of Ethereum was stolen in three DeFi “rug pulls”

Dec 12 2020 Published at CryptoSlate under tags  ethusd scams

The past few days have marked a renaissance in altcoin trading: previously- unknown projects on Uniswap, the leading Ethereum decentralized exchange, have been rallying by thousands of percent. Even some larger names have gained hundreds of percent, somehow benefiting as Bitcoin and Ethereum have begun to falter. Some of these rallies have been predicated on true innovation: SnowSwap launched a partnership with...

Dec 10 2020

US DoJ charges tax evading ICO superstar who spent $10m on private yacht

Dec 10 2020 Published at CryptoSlate under tags  regulation scams

The founder of a high-flying ICO was charged by authorities in the US yesterday on charges of a massive tax evasion scheme. DoJ charges Oyster Pearl founder Amir Bruno Elmaani, the founder of Oyster Pearl, a storied 2017 ICO that raised millions in token sales before fizzling out...

Dec 08 2020

How this scammer “accidentally” sent $200k to Yearn.finance (YFI) founder Andre Cronje

Dec 08 2020 Published at CryptoSlate under tags  defi scams

In my time analyzing Ethereum addresses over the past few weeks, I've noticed an interesting trend: prominent funds such as Polychain Capital and prominent figures such as Andre Cronje, founder of Yearn.finance, regularly receive random coins from...

Nov 27 2020

Counter argument: why China seizing $3.2B in Bitcoin and Ethereum isn’t a big deal

Nov 27 2020 Published at CryptoSlate under tags  analysis btcusd scams

According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies. Among them is 194,775 BTC, worth $3.2 billion. Albeit the size of the Bitcoin seizure is large, an argument can be made that it is not a big deal. Two reasons why the Bitcoin seizure was expected and could be the better outcome On July 31, local...

Nov 26 2020

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Nov 26 2020 Published at CoinDesk under tags  law news policy & regulation russia scams

Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.

Know a good blog/source that is not listed? Contact us or fill the form below to add one: