According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent from over 3,100 unique Bitcoin addresses. The scam was first reported in 2017. However, the popularity of the…
Cardano (ADA) has been one of the most popular cryptocurrencies over the past few months. This is for good reason: according to market data, the price of the altcoin has risen by 200% since the start of 2020. This has allowed Cardano to outpace Bitcoin, Ethereum, and a swath of other top cryptocurrencies. The project…
The PlusToken scam of 2019 helped fuel Bitcoin’s parabolic rise to $14,000 in mid-2019, before the scammers began dumping stolen Bitcoin into the market through the crypto exchange Huobi.New data that shows the growth of cryptocurrency wallets across the most popular cryptocurrency exchange from January 2019 on, shows just how large the impact that PlusToken…
The UK-based supermarket giant Tesco has had its Twitter account compromised by hackers. Almost mirroring an attack last year, those behind it have attempted to scam Bitcoin from the store’s customers. Tesco appears to have now regained control of its Twitter account. The hackers attempts to earn Bitcoin from the supermarket’s customers appear to have…
Yesterday, high-profile Twitter celebrities and other influential accounts were hacked to promote a Bitcoin scam. The scam isn’t uncommon and is just one of many that involve cryptocurrency in some way. To help investors avoid scams like these, we’re highlighting the most common crypto-related scams and how to avoid them. Bitcoin At Center of High-Profile…
Two individuals were charged yesterday for their suspected involvement in a two-year cryptocurrency SIM swapping scam. The suspects are believed to have taken control of telephone numbers and attempted to gain access to various online accounts to steal digital currency from victims. The pair were arrested last Thursday. They face charges of wire fraud, computer fraud…
A United States District Judge, Amos Mazzant, has ruled that Binance, the world’s largest cryptocurrency exchange by client count, is not liable for the loss incurred by a Texan woman named Divya Gadasalli who lost $8 million in a pig butchering scheme. Binance Is Not Liable In a ruling on May 22, Judge Amos dismissed the…
JENNER, a memecoin launched by Olympic gold medalist Caitlyn Jenner, has plummeted in value, leading to a class-action lawsuit from investors who claim they were misled into buying the token The JENNER token debuted in May 2024 on the Solana blockchain via the memecoin platform Pump.fun, quickly catching the attention of crypto enthusiasts and investors.…
Bitcoin has been involved in some pretty brazen efforts to scam people out of money. However, the latest might just be the most ludicrous. A fake letter, apparently from the desk of a member of the Queen of England’s staff, has been reported. In it, her royal highness appeals to the reader to donate Bitcoin…
Scam artists have tried just about every trick in the book to relieve people of their Bitcoin in recent years. The latest effort is rather lacking in the sophistication department, however. A report in Bleeping Computer states that people have been receiving emails that are apparently from the owner of a dark web site offering…