Category: Scams

Digital Currency Scam Site Warning: UpLibra

The Libra digital currency project has gotten a lot of attention. While there is still no regulatory approval or official launch date, Facebook continues to make headlines with it. It now appears there is a potential scam making the rounds called UpLibra. It claims there is an airdrop underway, even though this currency does not exist as of yet.  What Does UplIbra Offer? It is always interesting to see how …
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On a ‘Mining’ Mission to Destroy: What You Need to Know

The Hack Heard ‘Round The Net “I’m fairly knowledgeable in blockchain and have a lot of exposure in the space,” says Michael Fauscette, the chief research officer at G2 Crowd, a platform and community where people connect and share experiences about business software. Having spent over ten years as an executive and senior analyst at tech market research firm IDC, Fauscette, like countless others around the world, is no stranger …
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Remember to Stay Vigilant When Looking at ICOs

Recently, I was encouraged to write an article going over some of the ways to stay safe while buying, selling, and owning cryptocurrencies. This seems especially relevant in the current climate in which numerous ICOs are out there vying for new investor money. While we have written on topics like this before, it is important to both educate newcomers and remind veterans. Stay Vigilant — Only You Can Protect Your Coins Ultimately, …
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Why Is Tidex Allowing Users to Trade a Potential Ponzi Currency?

Cryptocurrency scams have been rather easy to come by over the past few years. For every legitimate project or currency out there, at least a handful of scam projects exist. Over on BitcoinTalk, there is a lot of debate regarding the Tidex exchange’s decision to list a notorious Ponzi coin. Scam accusations are flying back and forth, even though there seems to be some compelling evidence to back up the claims right …
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