The scourge of cryptocurrency phishing scams continues to wreak havoc, with nearly 57,000 individuals falling victim to these fraudulent schemes in February alone. 🚨 [1/6] ScamSniffer's February Phishing ReportIn February, about 57,000 victims lost approximately $47 million to crypto phishing scams.Compared to January, the number of victims who lost over […]
Tag: Scams
How to Protect Yourself and Community From Common Crypto Scams
The crypto industry is a perfect way to boost finances and build an outstanding investment portfolio but is also a pool full of scammers. The FTC report shows how business imposters are capitalizing on the crypto craze. The victims of romance scammers reported a whopping $417 million in cryptocurrency was […]
Scam Education – RHY Blockchain Mining (Cloud Mining Scam)
One of the most common scams in cryptocurrency that’s been going on since Bitcoin’s inception is cloud mining scams. Those scams revolve around the scammers setting up a fictitious website offering paid cloud mining services. The scammers usually go through a great deal of effort to prove their mining operation […]
How to Identify and Report Cryptocurrency Scams
With crypto going mainstream, there are a lot of scams popping out. While buying certain shitcoins can turn out to be a bad investment, there’s a big difference between a bad investment and an outright scam. In this article I will outline the best way you can spot a cryptocurrency […]
First Major Christmas 2018 Crypto Scam Targets Basic Attention Token
As the Christmas holidays are almost upon us, there will be notable increase in the number of financial scams and phishing attempts. The cryptocurrency industry will be no different in this regard, as there are quite a few new campaigns making the rounds right now. Always be careful when clicking […]
The US Is Sending Money Offshore by Bumbling Crypto Regulation
Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks […]