The UK Financial Conduct Authority (FCA) has issued a warning against a clone company called Fair Oaks Crypto, which has been impersonating FCA-authorized firm Fair Oaks Capital Limited to lure investors to its site.
Security analysts at cybersecurity firm Duo Security discovered that the Twitter platform is host to at least 15,000 crypto scam bots—many of which were promoting free token giveaways to unsuspecting users.
The fake Binance widget strategically places in-app purchase confirmations and pop-ups, leading to ‘accidental’ payment confirmations when users’ fingers are still at the fingerprint scanner (home button).
Authorities in South Korea are investigating an alleged cryptocurrency investment scam involving Seoul-based Shinil Group as the key figure.
Cryptocurrency trading has been the potential target of scammers, to avoid them it's appropriate time to educate yourself now and hope not fall as victim and throw money on robots.
Watts Miners claims that its chips are able to mine at 120 terahashes per second (TH/s) at 800 watts on a 7-nanometer (nm) chip, which is ten times more efficient than what its competitors produce.
Police in California arrested Joel Ortiz, who is accused of involvement in a scam where several cellphone numbers were hacked, yielding over $5 million in cryptocurrency.
A new BTC blackmail scam is doing the rounds - this time, targeting porn viewers with demands for as much as $1900 in BTC.
Indian police investigators working on the GainBitcoin Ponzi scheme, which cost investors around $300 million, are saying that they have made great strides in solving the case.
In 2017, “over 70% of ICO funding (by $ volume) to-date went to higher quality projects, although over 80% of projects (by # share) were identified as scams,” according to the Statis study.
The governing political party in India, the Bharatiya Janata Party (BJP), has been accused of involvement in a “mega bitcoin scam” worth INR5,000 crore ($763 million).
A man has been arrested in eastern China for allegedly scamming 50 people out of almost 100 million yuan ($15 million).
