“If someone scams a person or organization, they deceive them in order to get something valuable from them,
especially money.”
Australia’s leading cryptocurrency exchange, BTC Markets has accidentally exposed the names and email addresses of its users in a marketing email. Earlier today, an announcement from BTC Markets exposed client names and email addresses. This is a deeply regrettable situation and we apologise wholeheartedly for it. — BTC Markets (@BTCMarkets) Read more…
The European Commission urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of Covid-19 infections in Europe and said they need to work harder against the spread of disinformation related to the pandemic. The European Union executive says that rogue traders have tried Read more…
A section of Donald Trump’s campaign website was briefly hijacked by cryptocurrency scammers yesterday. The hackers inserted messages that threatened to reveal “secret conversations and strictly classified information” that proved the “trump-gov is involved in the origin of the corona virus.” The perpetrators added a version of the FBI’s “this Read more…
Online purchase scams have spiked as a result of the COVID-19 pandemic, according to new research by the Better Business Bureau. A whopping 80.5% of consumers reporting online purchase scams in 2020 lost money as a result of those scams, up from 71% in 2015, when the BBB began tracking Read more…
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found Read more…
Does it seem like your inbox is bombarded with offers for essential oils, detox shakes, leggings and other products? Are you regularly presented with exciting job opportunities that are light on details? If you answered “yes,” you’re the target of multi-level marketing. And if you know better than to get involved with an MLM, Read more…
In a Sunday post on GitHub, the individual described the loss of more than 1,400 bitcoin (worth around $16.2 million at press time) as a result of “foolishly” installing an old version of the lightweight wallet. Going by the username “1400BitcoinStolen,” they described how a pop-up message asked to update their security prior Read more…
nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance (DeFi) and stablecoins, calling such projects a “complete scam” and “illegal.” Taking part in the virtual conference Reimagine 2020 published Saturday, the controversial figure told host Patrick MacLain that both DeFi schemes offering lending and borrowing, and stablecoins, are Read more…
The Department of Social Protection say they are aware some members of the public have received text messages purporting to be from the Department. These text messages contain web links which the member of the public is told to click on. These web links are made to look similar to Read more…
Cryptocurrency exchange Bitfinex is offering $400 million for the return of $1.33 billion worth of Bitcoin BTC stolen by hackers in 2016. “Bitfinex is offering a reward to any persons that connect us with hackers responsible for the unauthorized transfer of almost 120,000 bitcoins from the exchange in August 2016,” said the company in Read more…