Category: PSA

iGot Exchange – Scam Alert

igot.com is an Australian Bitcoin Exchange. Its owner is Rick Day and back in February we published an interview with the owner of the exchange. Interestingly enough, before the interview we had an article written about why you should stay away from iGot like the plague. However, the owner decided to contact me and assured me that all the customer’s complaints have been taken care of and asked me to remove …
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BitCoin Cloud Mining Services Collapses As Scam Falls Apart

Bitcoin cloud mining has its problems but with many companies going bust outright failing to pay customers, it raises the question, how many of these services are actually mining and have operations ? Whilst most are written of as ponzis the very few such as Bitcoin Cloud Mining Services, gain the trust of many before abruptly shutting down operations leaving user out of pocket from amounts ranging to 100’s of …
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Bitcointalk emails and passwords compromised due to a Social Engineering attack

As the title suggests the #1 bitcoin forum bitcointalk.org  is currently down. A tweet from the official bitcointalk twitter  explains why the forum is down: Server compromised due to social engineering against ISP NFOrce. There will be extended downtime for forensic analysis and reinstall. — BitcoinTalk (@bitcointalk) May 22, 2015 UPDATE: According to a message on reddit from theymos it looks like the attacker only had access for 12 minutes and …
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Next Generation Blockchain Platform NEM (XEM) Has Officially Launched at Last

NEM – New Economy Movement uses XEM, a cryptocurrency. They have officially launched on March 31, after having been developed for over a year. NEM features unprecedented Proof-of-Importance (POI), a 100% original codebase and uses very little energy. Additionally, it currently has a good number of active people, with a potential of increasing rapidly in the future. POI is a mechanism that creates consensus by working out how important an …
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