Tag: Scam

Twitter Scams and Photoshop

Twitter Scams and Photoshop: The Creative Ways of Online Fraudsters

There is no doubt that you would have heard of it by now. Large scale Twitter scams are being perpetrated by bots that try to impersonate influential people. These operations have been operating for some time and despite the fact...

/ February 17, 2018
IOTA Growing Pains Fake Wallets

IOTA Growing Pains: Fake Wallets and Angry Community

It has been quite a tough few months for IOTA. Firstly you had the public disagreements that the project had from researchers at MIT who dismissed its hashing function. Then you had the large scale seed generation scams that stole...

/ February 13, 2018
E-Coin Price Pump

E-Coin: Pump and Dump Scam Coin or Misunderstood Gem?

A relatively unknown cryptocurrency called E-Coin just recently experienced a massive pump and dump event. According to coinmarketcap.com, the prices on February 6 were about $6 each and following the pump at its peak, the price went all the way...

/ February 10, 2018
Experty ICO Phishing Scam

Experty ICO is Hacked as Phishing Attack Steals $150,000

It seems as if another ICO has fallen victim to a “Pre-ICO sale” phishing attack. In this case, the ICO in question was Experty where the hackers were able to make away with about $150,000 in investor funds. These type...

/ January 29, 2018
Ponzicoin

PonziCoin: the Latest Ridiculous Phenomenon in the Cryptoverse

In the cryptocurrency ecosystem’s Q1 2018, one of the biggest and most tragic stories so far has been the apparent collapse of “lending” platform Bitconnect. From the outside looking in, Bitconnect was clearly a ponzi scheme barely disguised as a...

/ January 29, 2018
Bitcoin Murder Scam FBI

Beware of the Bitcoin Murder Scam. FBI Reports a Surge

When it comes to scams on the Blockchain, we have seen them all. From ridiculous money making schemes to subtle phishing attacks, fraudsters have found ways to get their hands on your hard earned Bitcoin. However, there is something that...

/ January 27, 2018
IOTA Seed Generator Scam Site

IOTA Under Fire For Reliance on User Seed Generation

IOTA has been making news recently as it has chalked up impressive partnership deals with partners including Bosch in Germany. However, it is now been attacked on social media and by a number of users because of a particular issue...

/ January 23, 2018
BitconnectX Scam

BitconnectX: Bitconnect’s attempt to Scam Investors Through ICO

During the cryptocurrency market crash this week, we saw one of the most well-known and longest running ponzi crytpocurrencies eventually closing its doors. Many people thought it was only a matter of time before Bitconnect would collapse and in its...

/ January 20, 2018
Antminer Scam Advertising on Facebook

Antminer Scam Advertising on Facebook: What to Watch out For

Everyone is trying to get their hands on the latest Antminer S9 ASIC from Bitmain. This is something that has also not escaped the attention of various online scammers. One that is making the rounds on Facebook appears to offer...

/ January 18, 2018
Review of Bitpays.biz Ponzi Scheme

Review of Bitpays.biz: Ponzi Scheme Returns over 350% Per Hour

What would you say if a website told you it could make you rich in just a few hours? Would you believe it? The answer from any sane person would obviously be no. Anything short of winning the lottery would...

/ January 16, 2018