News

YObit “pumps”: traders’ heaven or cancer for the industry?

Earlier this week, on the 10th of October, notoriously known and claimed to be Russian crypto exchange YObit got its share of popularity by making a Twitter announcement about the series of 10 random coin “pumps.” It’s when coordinated purchasing inflates the price of crypto, attracts external buyers, and the initiators quickly flip the asset

Verified
2 months ago
471
News

Elon Musk: i want to get ETH, even if it is a scam

Developer Adam McMurchey has offered the head of the companies SpaceX and Tesla Inc Elon Musk a fee of 200 ETH for any information about the Big Falcon Rocket (BFR) or the demonstration of the device itself. Musk responded that he wants to get ETH, even if it is a scam. Later the main strategic

Verified
4 months ago
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News

An anti-scam Chrome extension is launched

The Sentinel Uppward browser extension is available in Chrome, Forbes reports, and it is able to investigate all visited websites marked to warn the user if they seem suspicious and unsafe. It can also verify social media channels, wallets, allowing user to check if any link is potentially dangerous. The Sentinel portal will record all

Verified
4 months ago
143
News

Head of BitConnect India arrested

The head of BitConnect India, Divyesh Darji, was recently arrested in India after arriving from Dubai, UAE – to be charged with investment fraud. The BitConnect platform was closed in January of this year. With the previous value of $ 509 in December 2017, the cost of BitConnect decreased to $ 7. Based on preliminary

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4 months ago
225
News

Media: Alexander Vinnik provides crypto-exchange services to residents of Greece

Detained in Greece, Russian citizen Alexander Vinnik, who is accused of laundering money through the Bitcoin Exchange BTC-e, says about the involvement of Greek citizens in his case. According to Vinnik, in 2017, during his stay in Greece, he visited the BTC-e platform to perform cryptocurrency transactions for the purpose of servicing, including residents of

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4 months ago
130
News

Sky Mining CEO with $35 million disappeared

From accounts of the Vietnamese mining company Sky Mining $35 million has disappeared. According to the local VNExpress portal, the funds could be stolen by the company CEO Le Minh Tham, who disappeared without a trace about a week ago. Before disappearing Tham wrote on Facebook that the profitability of his business fell along with

Verified
4 months ago
116
News

Kodak’s KashMiner was a scam

The real developer of the device – Spotlite USA – did not have the right to produce miners under the brand of the manufacturer of photographic materials. Spotlite USA initially overstated the potential profitability and guaranteed that customers would receive $375 per month, and in two years earnings would be $5,600 with a commission deduction.

Verified
5 months ago
117
News

Kaspersky Lab: 21000 ETH stolen during the last year through social engineering

According to Cointelegraph auf Deutsch, the security experts of Kaspersky Lab’s have discovered that cyber criminals stole more than 21,000 in Ethereum (about $10 million) via social engineering schemes over the last year. On July 9, it was reported that scammers have caused more than a hundred thousand alarms on the whole on security software

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5 months ago
162
Articles

Most notable scams and Ponzi schemes

iFan turned unfunny According to investigation, iFan & Pincoin Token Scam in the April of this year lead to the most significant investors’ loss. About 32,000 investors (mostly from Vietnam) lost about $650 million, as stated by VnExpress. Both startups belong to a Vietnamese firm called Modern Tech. Initially, Modern Tech was just an iFan

6 months ago
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News

The SEC froze Dominic Lacroix’s assets

The U.S. Securities and Exchange Commission (SEC) once again took measures against Dominic Lacroix, co-founder of the PlexCoin. In 2017 SEC already sued him for securities breach and fraud. On June 15, the SEC received a court order to freeze Lacroix’s assets. The agency said that he had been making secret accounts to inappropriately use

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6 months ago
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Analytics
Articles

5 popular opinions about Blockchain & Crypto

Popularity is not always pleasant and unanimous. Regarding the hottest tendencies in particular, sometimes it happens that there are many rumours spread around, including both positive and negative attitudes. In the world of technologies, Blockchain and cryptocurrencies are definitely the case at the moment. Despite the still-growing interest of people, some stereotypes remain alive. Of

6 months ago
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