Tag: scamming

Scammers Grow Desperate When It Comes to Tricking Cryptocurrency Users

Criminals and scammers have become all too common in crypto. Over the past few years, we have seen numerous methods of attack, with varying degrees of success. One new scam making the rounds is rather threatening in nature, even though not much effort has been put into it. Threatening Cryptocurrency users Won’t Work According to information shared on Reddit, scammers are getting more desperate when it comes to obtaining cryptocurrencies. …
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Social Media Platforms Address Crypto-Manipulation and Scams

The cryptocurrency phenomenon has led to numerous scams on social media platforms. Companies that are claiming “guaranteed investment” and “no risk of losing money” are taking you to be a crypto-fool. There is no such thing as a guaranteed investment. On its face, investment comes with the risk of losing money. So, how have these scams evolved? Empty Promises Initially, scammers would announce giveaways and contests, promising to send certain …
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Scammers Will Pay $5,000 Through Upwork for the “Next Bitcoin”

There has never been a lack of people who would like to create their own cryptocurrency. Even though thousands of such projects exist already, people always find a new reason to start over. For most aspiring cryptocurrency developers, there is a big problem, though. Few people actually know how to create their own version of Bitcoin. It seems some people are willing to pay up to US$5,000 on Upwork to get their …
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How To Identify Bitcoin Scamming

Cybercriminals don’t take any breaks and now that Bitcoins are so popular, the perpetrators of Bitcoin scams are getting more and more creative. Learn How to Avoid the Consequences of Bitcoin scamming 2017 promises to be the best year ever for Bitcoin, after the cryptocurrency set some major milestones in 2016. The uncertainties surrounding its future keeps some users awake at night, but there are other perils that people should …
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