A former staffer at Cryptopia allegedly stole almost $250K worth of cryptocurrency from the exchange. However, the charges against him are unrelated to the exchange’s cyber intrusion case.  A report on Tuesday has informed that a former employee of Cryptopia, the now-defunct New Zealand cryptocurrency exchange, has been charged with theft. The staffer allegedly stole […]
A court in Moscow has sentenced a former hockey player to a four-year jail term over a Bitcoin scam. Musatov failed to fulfill his obligations in the role.  Igor Musatov, an ex-hockey player, has been sentenced to imprisonment by a law court in Moscow, due to his role in a Bitcoin scam that cost about […]
A senior citizen residing in the United Kingdom was recently defrauded by crypto scammers causing her to lose £67,000. As reported by The Telegraph, an elderly woman from the UK was swindled twice by crypto scammers causing her to lose over £65,000 while trying to earn profits through cryptocurrency. Once bitten twice shy? Amanda Briggs, […]
Santiment records show crypto whales buying up XRP and LINK Altcoins like REN and YFI also performing strongly. Crypto analytics platform, Santiment, has revealed that significant institutions and other big-money players have continued buying XRP and Chainlink (LINK) in bulk. The platform also showed that other altcoins have been performing strongly too. Santiment tweeted that […]
Bitcoin witnessed a large number of unconfirmed transactions  Users avoid using Lightning Network due to its technicality. Bitcoin is currently selling at an all-time of over $13,000. However, its transaction block fee has risen to $10.77, which places the median fee at $6.43. Many crypto enthusiasts have also begun to complain about the high number […]
Facebook censors all Bitcoin related hashtags Classified such ads as being harmful to its users’  interest. Facebook has begun to censor posts with the Bitcoin hashtag again. Facebook posts -videos, photographs, and even messages- containing the Bitcoin hashtag in its description are being blocked from getting to a wider audience. Users all over the globe […]
Polkadot scam giveaway event presented to members of the Official Polkadot Telegram group Polkadot scam victims added to fake Polkadot Event Telegram group Scam giveaway informs victims they will receive three times the amount of DOT they send. DOT is currently priced at $4.12 per unit Polkadot scam currently underway – beware Currently underway, members […]
Chinese law court has passed a final verdict, sentencing crypto Ponzi scheme operators in jail. The masterminds gained over $1 billion from their WoToken pyramid scheme. Ponzi schemes are one other strategy used by fraudsters to defraud unsuspecting investors of their hard-earn money. Most recently, a group of four persons was sentenced by a Chinese […]
Saskatoon police have debuted a poster campaign against Bitcoin scams in the city. Fraudsters have been faking calls to deceive victims that they are government agencies. Bitcoin scams have been on the rise for years. The largest cryptocurrency is usually preferred by scammers as a means of payment, probably due to its level of anonymity […]
Malaysia’s Initial exchange offerings have their policies reviewed SC also reviews the rules and regulations guiding Digital custodians. Authorities in Malaysia have chosen to amend the legal framework that deals with the acceptance, adoption, and regulation of Initial Exchange Offerings (IEO) in the Asian country. Malaysian’s Securities Commission (SC), has worked on revising the framework […]