Bitcoin Wallet Provider Goes Corrupt. What Are the Odds?
We’ve had our share of Bitcoin thefts, so let’s take a closer look at the security aspects of owning the coin. While it is definitely possible for someone who …
Category: Fraud
EU Tax Laws To Have An Influence On The Bitcoin Market?
The truth is that one of the most loved things about Bitcoin refers to the simple fact that the currency is not governed by any major laws at this …
999dice – SCAM exposed
February 8, 2015
Fraud
What is 999dice? 999dice is a bitcoin, litecoin and dogecoin gambling website. They offer a simple dice betting game inspired by just-dice. 999dice claims to have a 0.1% house edge …
LTCgear is the next GAWminers
What is LTCgear? LTCgear is a cloud mining service designed around Litecoin. It offered 2 products which are the 2ndGen pre and the 3K0 which are both currently out of …
Ponzi Schemes On The Rise Raking In Bigger Amounts Than Ever
January 10, 2015
Fraud
Ponzi schemes may not be everyones cup of tea when gambling for profits, but this type of fraud has been one of the main criminal activities that has tainted …
BitStamp Implements Multi-sig Wallet technology
January 10, 2015
Fraud, News, Uncategorized
A sigh of relief within the Bitcoin community would have been felt right about now. As Bitstamp announces the recommence of their services, confidence and trust in the exchange …
Why you should not attend the Miami Bitcoin Conference
Conferences are held in order to increase awareness about an idea, educate people, and share ongoing research. The upcoming Bitcoin conference in Miami is going to take place on …
PayCoin – The Next Big Scam In Crypto
December 31, 2014
Fraud
What is paycoin? PayCoin (XPY) an altcoin backed by GAW miners, which is believed to be a scam, recently joined the Top 5 club of cryptocurrencies according to its …
Is OkCoin is the next Mt. Gox?
December 18, 2014
Fraud, Uncategorized
Ever since the massive Mt Gox debacle that took place earlier this year, Bitcoin exchanges have been subjected to high scrutiny by active traders in Bitcoin market. The collapse …