Poloniex exchange recently warned its users to reset passwords for some users to protect their accounts from possible data leak –however, the exchange today states that the information on social media didn’t originate from the crypto exchange. Poloniex on Data Leak Initially, the email was reportedly sent across its users on December 30, stating that […]
Crypto Scam
Mavixbtc Crypto Firm Receives Cease and Desist Order
In an official announcement, shared on December 27, Missouri-based crypto firm Mavixbtc received a cease and desist order on account of fraudulent business activity. Fraudulent Crypto Firm Receives Cease and Desist Order The announcement reads that Missouri Secretary of State Jay Ashcroft’s Securities Division ordered Mavixbtc to stop business operation and remove the fraudulent website. […]
New Cryptojacking Virus “Norman” Targets Monero (XMR) Mining
The latest report by cyber-security firm, Varonis finds that a new cryptojacking virus, Norman is targeting Monero cryptocurrency. The finding made public on August 14, hinting that it will mostly affect a mid-size company. New Monero Mining Malware Detected Monero is famously named as the “privacy-centric” cryptocurrency – however, the research on August 14 reveals […]
Crypto scammers pretend as FCA in Emails to capture investors attention
The latest report states that crypto scammers are misleading investors by sending emails, impersonating UK’s FCA (Financial Conduct Authority). These emails are intending to amass investor’s interest by promising “guaranteed chance to earn” on crypto-related investment. Scammers Guaranteeing Huge Earning Using FCA’s name As scammers are quite smarter, these impersonated emails were featuring the FCA’s […]
Money from the sky: 25-year-old Crypto promoter sentenced jail
Isn’t it exciting when we hear/read someone is throwing money from the sky? But a 25-year-old boy given suspended jail sentence due to his public stunt of throwing HK $100 bills from the roof of a building in Hong Kong’s most impoverished district. Crypto-Promoter Given Suspended Jail Sentence Wong Ching-Kit is also known as “Coin […]
The new crypto rally is in for sure, so the scammers are coming
The cryptocurrency market is going up again. We had to wait for more than a year and a half to see it show any signs of recovery. During that time, more than 85% of the total capitalization was lost, and many cryptocurrency projects found themselves facing severe problems, which is why we’re all only too […]
Beware of free crypto offers, there is no such thing as free cryptocurrency
You’re probably familiar with an old saying that goes, “there’s no such thing as a free lunch.” Well, you should update it as “there’s no such thing as free cryptocurrency” and act accordingly because we’re seeing several websites offering software downloads that supposedly deliver free digital assets to their users. What they really get instead […]
Tron ponzi schemes: Burn your Tronix (TRX) away the hard way
The peril So you want to find a way to make a lot of money quickly and safely. Don’t we all? That’s one of the very reasons why some people become interested in crypto in the first place. There’s nothing wrong with that. It’s not even rare. But if you read any book at all […]
Beware of Reyna’s swapped tokens
The Reyna Project (or Reyna Limited) is an anonymity network which started running on Tron’s blockchain and issued three cryptocurrencies based on Tron known as REY, REC, and RET, It’s based on Valletta, Malta which is probably world’s most friendly country towards blockchain technology and cryptocurrencies. In the project’s own words, it’s a “comprehensive embracing […]
Tron (TRX) investor? Be Careful with Kiwidex.io
The Warning A couple of days ago, the TronTokens Official Twitter account issued a warning about a little-known website called Kiwidex (kiwidex.io). We show you the text of the tweet: #Alert – https://t.co/Nm8LKk9nB0#TRON Community, be careful. The exchange #KiwiDex is not decentralized. They lie. Indeed, all your funds are sent at this address : TC6S1jRiyRy54qGnzDPYPNzy8Q18Xn3WxU […]