Cryptocurrencies are often mentioned in the same breath as criminal activity. That situation may not necessarily change in the near future. Australian scammers prefer to obtain Bitcoin over iTunes vouchers. A remarkable trend, albeit it only gives Bitcoin an even worse reputation. iTunes Vouchers Lose Ground The mindset of an online criminal isn’t difficult to...Live Bitcoin News.
11/15/2018 / 07:00:33
Pure Bit looked like it had run off with people’s money. But now, there’s a small about turn… At the start of the month, a cryptocurrency company by the name of Pure Bit ran an initial coin offering (ICO). Said ICO raised around $30m worth of Ethereum, that it said it was planning to use […]The post $30m exit scam: CEO behind it looks like they’ve got the guilts appeared first on CryptoNewsReview.
11/15/2018 / 05:49:22
The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority. Also Read: IMF: Central Banks Could Issue Digital Currency Tax […]Bitcoin News.
11/15/2018 / 04:35:00
Taxes | Australia | Australian Taxation Office | Bitcoin | Bitcoin ATM | Canada | Cryptocurrency | fraudsters | Gift Cards | itunes | Kath Anderson | N-Featured | Payments | Scam | Tax | VISA | | BTC|Regulation
Google has become the latest victim of the rampant bitcoin ''giveaway” scams proliferating on Twitter. For a little over ten minutes on Tusesday, the Twitter account of the online search giant’s suite of productivity apps and tools, G Suite, was hacked and used to promote a fraudulent bitcoin giveaway. Initially reported by Hard Fork, theCCN
11/15/2018 / 03:27:02
SEBA Crypto AG – a cryptocurrency startup based in Zug, Switzerland – is allegedly on the verge of obtaining a banking and securities dealer license sometime during the second quarter of 2019. What Can You Do with That? The license will be granted by FINMA, Switzerland’s financial market regulator. Should SEBA obtain the approval it...Live Bitcoin News.
11/15/2018 / 03:00:50
A security researcher has found four fake crypto wallets on the Google Play Store, purportedly designed to phish users’ mobile banking credentials and credit card information
11/15/2018 / 02:25:00
The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying their taxes through Bitcoin ATMs to their accounts. As the deadline approaches on 21 November, the authority told the one million taxpayers, who will need to make a payment to the ATO, to be wary....The post Australian Taxpayers Have Paid $1 Million to Scammers Through Bitcoin ATMs Since July appeared first on NewsBTC.
11/15/2018 / 00:00:47
The latest victim of a crypto Twitter scam is global retailer, Target. The U.S.-based corporation confirmed that they had suffered a 30-minute security breach. Twitter has been abuzz (aflutter?) recently with crypto scams. Just last week, Live Bitcoin News reported on how billionaire entrepreneur, Elon Musk’s, account was hacked with the Tesla CEO seemingly promising massive...Live Bitcoin News.
11/14/2018 / 23:00:02
In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies.Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways. Google's G Suite Twitter Account is Hacked!! pic.twitter.com/JdB7huGksO— Burton (@B_u_r_t_o_n) November 13, 2018Target's Twitter account, which is followed by nearly 2 million users, posted a tweet, confirming the hack which occurred on November 13, 2018. The retailer stated:"Early this morning, our Twitter account was inappropriately accessed. The access lasted for approx. half an hour & one fake tweet was posted during that time about a bitcoin scam. We have regained control of the account, are in close contact with Twitter & are investigating now."Seemingly targeted by the hacking syndicate, Google's G Suite Twitter account was breached hours after Target fell victim. The hack on Google was marked by the same tactics as the one that plagued Target — a scammy tweet ridden with typos promising free bitcoin to G Suite's 800,000 followers.A Google spokesperson confirmed the hack to Business Insider in a statement:"This morning an unauthorized promoted tweet was shared from the G Suite account. We removed the tweet and are investigating wi...
11/14/2018 / 20:40:01
Ripple is at the heart of a new cross-border payment service… One of the largest banks in the world is set to utilise Ripple, as it turns to cryptocurrency for a new payment service that has just been announced. The MUFG Bank, that describes itself – accurately – as ‘Japan’s premier bank’ (and just happens […]CryptoNewsReview.
11/12/2018 / 05:31:45
Great Lakes Science Center, a large museum and educational facility in downtown Cleveland, Ohio, will begin accepting Bitcoin as a payment method beginning November 13. Kirsten Ellenbogen, the CEO of Great Lakes Science Center, said that the institution decided to accept crypto to facilitate the growth of the local blockchain ecosystem. ''There is a lotCCN
11/12/2018 / 00:30:04
In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate.io was recently breached via a malicious script added to web analytics provider Statcounter. Also, a South Korean ICO raising money for a crypto exchange desk appears to have pulled […]Bitcoin News.
11/11/2018 / 13:00:14
Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Terminating Services and Fund Zeniex, an exchange launched in May, […]Bitcoin News.
11/11/2018 / 07:10:57
Exchanges | Bitcoin | BTC | capital markets act | close | crypto | crypto fund | Cryptocurrency | Digital Currency | ether | financial regulators | FSC | Law | N-Economy | shut down | unauthorized | Virtual Currency | zeniex | zxg | | Exchange|BTC|Asia|Regulation
The leader of a Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School. The man utilized school computers for the task. According to reporting from the BBC, Lei Hua was fired after other staff members discovered that he installed eight mining machines in the school between summerRead MoreBitcoinist.com.
11/11/2018 / 05:45:58
Bitmain has sued a “John Doe” hacker for stealing $5.5 million in crypto via unauthorized access to Bitmain’s account on Binance and price manipulation
11/10/2018 / 20:56:00
The Central Bank of The Bahamas (CBOB) has released a discussion paper proposing how it intends to regulate digital assets. This includes initial coin offerings as part of efforts to eliminate the alleged threat of tax evasion, fraud and money laundering. However, when regulation eventually comes, it is likely that only a state-issued cryptocurrency will […]Bitcoin News.
11/10/2018 / 19:15:25
Regulation | bahamas | Bitcoin | cryptoassets | Cryptocurrency | Discussion paper | Fraud | ICOs | Money Laundering | N-Economy | Peter Turnquest | tax evasion | The Central Bank of The Bahamas | | Regulation|BTC|ICO|Fiat
It doesn’t look like that ICO ban will be lifted any time soon… New exchange Pure Bit has made off with over £2 million worth of investor Ethereum in a standard exit-scam, according to Korean news source Blockchain ROK. The company had previously announced its token sale for cryptocurrency Pure Coin. Evidence of the exit scam […]CryptoNewsReview.
11/10/2018 / 09:48:27
In another incident of what appears to be an exit scam, a South Korean exchange that collected over $2.8 Million in an ICO has suddenly shut down. One More Exit Scam ICOs have become an easy way for fraudsters to rob gullible investors of their hard-earned money. The latest incident has been reported from South...The post South Korean Exchange Pure Bit Exit Scams with $2.8 Million appeared first on Live Bitcoin News.
11/10/2018 / 08:00:06
Published on CoinnounceOn Friday (9 November 2018), MFUG Bank, the important banking unit of Mitsubishi UFJ Financial Group (MUFG), the world’s fifth largest bank (by aggregate assets), reported the signing of a Memorandum of Understanding (MOU) with Banco Bradesco, one of the largest banks in Brazil, to team up on the advancement of another cross-border payment service, […]Coinnounce.
11/10/2018 / 07:36:26
#Ripple | Banking | BLOCKCHAIN | Decentralization | News | Ripple | Banco Bradesco | banking | Blockchain | MFUG Bank | Mitsubishi Group | MUFG Bank Ripple | Ripple adoption | Ripple Blockchain | Ripple MUFG Bank | ripple news | Ripple Solution | Ripple technology | Ripple Updates | RippleNet | | Fiat|XRP|Blockchain
Published on CoinnounceThe EOS RIO organization has cautioned that fraudsters have propelled a fake simplEOS wallet app on Google’s Play Store, apparently to get clients’ private keys. EOS RIO has done what it can to get the app brought down, clients ought to know about the risk associated with downloading wallet apps from Google Play. At present, […]Coinnounce.
11/10/2018 / 05:08:26
#Scam | Bitcoin | Cryptocurrency | Expert Take | News | Scam | Cryptocurrency Frauds | cybercrime | Easy Rates Converter app | EOS App | EOS wallet app | Fake Apps | fake MetaMask app | metamask | MetaMask app | simplEOS | simplEOS wallet app | | BTC
Several reports from the NEO underground have been grumbling about a fork of NEO calling itself ''NEO Super.” The venture launched, seemingly apropos of nothing at all, and boasts only one real project, a wallet service that some community members fear could very likely be an effort to scam NEO users out of their privateThe post NEO Super: Next-Generation Blockchain or Crypto Scam? appeared first on CCN
11/10/2018 / 01:05:50
According to Korean blockchain news provider Blockchain ROK, newcomer exchange Pure Bit has effectively exit scammed with at least 13,000 in investor Ethereum in hand. As evidence of the scam, BROK points to the fact that the exchange’s CEO has changed his name on popular Korean social media network Kakao to ''I’m sorry” in theCCN
11/09/2018 / 22:11:23
Published on CoinnounceCyber Security industry warnings of Script-based virus proliferating in search of coins in 2018 have come true. Script based virus has reached epidemic proportions, and contingency security measures are the need of the hour, warn experts in crypto-threat experts. Trend Micro is one of the security firms engaged in threat detection was unsettled to discover […]Coinnounce.
11/09/2018 / 06:46:08
#Cybercrime | Bitcoin | Cryptocurrency | Expert Take | News | Opinion | Scam | bitcoin virus | crypto mining virus | crypto theft | Cryptocurrency Virus | cyber security | cyber threat | cybercrime | mining virus | Self destructing virus | Virus | Windows Installer Virus | | BTC
The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]Bitcoin News.
11/08/2018 / 20:50:45
Regulation | bar association | Bitcoin | BTC | capital markets act | crypto | Cryptocurrency | Digital Currency | FSC | Government | ICO | initial coin offerings | korea | Laws | Lawyers | Lobby | N-Economy | Proposals | South Korea | Virtual Currency | | BTC|Asia|Regulation|ICO
Three individuals are currently out on bond in Zambia after being arrested over charges related to a cryptocurrency investment scheme they had operated. The three suspects — Hilda Agnes Raubenheimer, Orient Rio Zekko, and Tapiwa Chirwa — are directors of cryptocurrency investment firm Heritage Coin Resources Limited, per the Zambian Watchdog. They allegedly collected moreThe post Zambia: Three Arrested in $2.4 Million Cryptocurrency Investment Scheme appeared first on CCN
11/08/2018 / 19:22:11
The Volentix digital assets ecosystem is composed of four core applications. VENUE is a dynamic community platform that recruits and aligns members of the VOLENTIX community to support distribution of the native VOLENTIX digital asset VTX. VERTO is built as a multi-currency wallet to facilitate personal custody and local management of private and public keys for use in peer-to-peer transactions, with the goal of eliminating risks of devastating losses of stake associated with traumatic failures of central operators. VESPUCCI is in development as an analytics engine accessible via a user-friendly interface with real-time and historical market data, including digital assets ratings and sentiment analyses. VDEX is envisioned as a distributed, decentralized digital assets exchange with emphasis on user experience, security, speed, authentication, ease of use, scalability, multi-asset support, and community development and governance implemented by a decentralized autonomous organization (DAO) constructed on custom-built applications using EOS.IO smart contracts and related technology.Bitcoin News.
11/08/2018 / 18:30:07
Press release | Athens | authentication | DAE | Digital Assets Ecosystem | ease of use | eos.io | Exchange | Greece | multi-asset support | peer-to-peer transactions | Scalability | Security | Smart Contracts | speed | Token | trading | user experience | VESPUCCI | VOLENTIX | VTX | Wallet | | Exchange|BTC|Market|ICO|Trading
CoinSpeakerEx-Google CEO: Ethereum has a Tremendous PotentialFormer Google (GOOGL) CEO Eric Schmidt recently revealed that he’s a fan of blockchain technology and digital currencies, specifically referencing the likes of Bitcoin (BTC) and Ethereum (ETH).Ex-Google CEO: Ethereum has a Tremendous Potential
11/08/2018 / 15:30:18
Altcoins | Bitcoin (BTC) | Blockchain News | Cryptocurrencies | Editor's Choice | Ethereum (ETH) | Investors | News | balaji srinivasan | bitcoin | blockchain | btc | coinbase | eric schmidt | eth | ethereum | google | sergey brin | | ETH|BTC|Blockchain|Technology|Altcoin
Blockchain detectives and Lightning Proponents may have noticed a severe drop in SegWit blocks near the end of last month. SegWit-spending transactions had reached a high of nearly 50% of all transactions, according to this tracker, but around about October 20th the rate began to drop off, hitting a low of nearly 40%. Users whoThe post What Caused the Sudden Drop in SegWit Blocks on Bitcoin? appeared first on CCN
11/08/2018 / 13:36:28
At press time, Bitcoin’s closest competitor and the world’s second largest crypto asset by market capitalization, Ethereum, is trading at a respectable price point of $216.12. Additionally, as can be observed from the chart below, the premier currency has been able to scale up to around the $225 mark (twice) within the span of the past […]NullTX.
11/08/2018 / 11:25:52
Published on CoinnounceMobile security developers have new challenges as Santa Clara law officers bust ‘SIM swapping’ phone fraud. Highly-skilled hackers have taken to snitching large caches of cryptocurrencies and other valuable assets from mobile phones using the latest technique of “SIM Swapping” report the advanced REACT Task Force working in Californian state investing mobile fraud. One recent […]Coinnounce.
11/08/2018 / 06:39:39
#Bitcoin | #Scam | Bitcoin | Cryptocurrency | Expert Take | hacking | News | Scam | bitcoin robbery | bitcoin scam | crypto exchange hack | crypto robbery | cryptocurrency | cryptocurrency hacking | Cryptocurrency Scam | cryptocurrency SIM swapping | cybercrime | cybercriminals | hack | hackers | HACKING | sim swap | SIM swapping | sim swapping bitcoin | sim swapping robery | sim swapping scam | | BTC|Regulation
Published on CoinnounceWinklevoss Twins file lawsuit against Charlie Shrem Charlie Shrem, the founding member of the bitcoin foundation and the co-founder of BitInstant was once an advisor for Winklevoss Twins. Charlie Shrem started his investment in bitcoin back in 2011, the same year he founded BitInstant- Bitcoin Exchange. During this period from 2011 to 2012, the Exchange […]Coinnounce.
11/08/2018 / 05:43:15
#Bitcoin | #Scam | Bitcoin | Investment | News | Wallet | Bitcoin Case | Bitcoin Lawsuit | BitInstant | BitInstant exchange | BitInstant lawsuit | Blockchain | btc | Charlie Shrem | Charlie Shrem lawsuit | Charlie Shrem vs Winklevoss | Charlie Shrem vs Winklevoss Twins | Coinbase | Shrem | Winklevoss twins | Winklevoss Twins Bitcoin | Winklevoss Twins lawsuit | | BTC|Exchange|ETH|Blockchain
Billionaire Eric Schmidt, the former chairman of Google, is a budding bitcoin and blockchain enthusiast who said ethereum could be a ''powerful platform” whose untapped potential is off-the-charts. Schmidt made the remarks during a live event with economist Tyler Cowen hosted by Village Global in San Francisco. In the wide-ranging conversation, Schmidt discussed the future of … ContinuedCCN
11/08/2018 / 02:35:33
Hackers posing as notable tech billionaire, Elon Musk, on Twitter are defrauding people via fake Bitcoin giveaways. One attempt, in particular, amassed more than $180,000 in Bitcoin from the scam. Fake Bitcoin Giveway An elaborate Bitcoin scam recently surfaced on Twitter with fraudsters pretending to Tesla CEO, Elon Musk, promoting a cryptocurrency giveaway. The fake...The post Bitcoin Twitter Scam: Hackers Rake in $180,000 in BTC Posing as Elon Musk appeared first on Live Bitcoin News.
11/07/2018 / 22:00:06
On Nov. 5, the software developer Brenton Gunning announced to the Bitcoin Cash (BCH) community that he’d developed a BCH library written in the programming language Rust. The new library allows developers the ability to work on BCH applications and platforms written in the Rust coding environment. Also read: Discussions Intensify as BCH Fork Approaches Rust-BCH […]Bitcoin News.
11/07/2018 / 19:10:45
The case of the $34 million Bitcoin scam in Thailand continues as the family behind the alleged scam plead not guilty. The wheels of justice are slowly, but surely, grinding forward in the case of a massive Bitcoin scam in Thailand. Last year, a Finnish man had over 5,000 bitcoins conned from him in an...Live Bitcoin News.
11/07/2018 / 19:00:29
The Texas State Securities Board entered emergency action on November 6, against two fraudulent companies involved in cryptocurrency mining activities. AWS Mining PTY Ltd and EXY Crypto had been allegedly deceiving investors promising unrealistic returns, enticing them through social media platforms and by recruiting unlicensed multilevel marketing agents, respectively. EXY Crypto Allured its Victims on […]Texas State Securities Board Takes Emergency Actions Against Crypto Fraudsters was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
11/07/2018 / 15:59:55
U.S. Representative Jared Polis, known for his favorable attitudes towards cryptocurrency and blockchain, will become Colorado’s next governor after defeating Walker Stapleton. U.S. Representative Jared Polis (D-CO), who has made headlines for his pro-cryptocurrency and blockchain stances, has defeated Colorado state Treasurer Walker Stapleton to become the new governor. Governor-elect Polis has become well-known across the cryptocurrency world for his interest and support of the industry. Part of his campaign platform focused on the benefitsRead MoreBitcoinist.com.
11/07/2018 / 11:00:48
Altcoins | Bitcoin | Bitcoin Politics | News | News teaser | Colorado | Congressional Blockchain | Cryptocurrency Tax Fairness Act of 2017. | David Schweiker | elections | Governor | jared polis | midterms | | Blockchain|BTC|Altcoin
St. Francis Xavier University in Nova Scotia was forced to shut down their entire network due to a Bitcoin mining attack. The focus on cryptocurrency mining is on large corporations that have entire farms devoted to digging for digital gold. Yet there is a good deal of profit to be made from illicit crypto mining...Live Bitcoin News.
11/07/2018 / 04:00:08
Scams are nothing new in the crypto industry. From ICOs that received money and then vanished to trading sites that went down with investors’ funds, there is no shortage of people who’ve lost their hard-earned money in their pursuit of the Bitcoin millions. For most, the logical next step was reporting the crime to authorities […]NullTX.
11/07/2018 / 01:02:50
St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as system administrators struggle to root out the malware. Known as ''cryptojacking,” the practice has become recognised as aCCN
11/06/2018 / 23:47:18
Scammers plaguing a popular social media platform have successfully stolen over $150,000 in cryptocurrency. They used the verified accounts of two prominent British businesses by posing as Tesla founder and CEO Elon Musk. Two British Brands Targeted in Twitter Scam to Steal Crypto British fashion and home goods retailer Matalan and the United Kingdom arm...The post Twitter Crypto Scammers Steal $150K by Posing as Elon Musk appeared first on NewsBTC.
11/06/2018 / 23:00:28
By now, you’ve probably heard of the pseudo-cryptocurrency Initiative Q. Many people with little understanding of either economics or technology have been sharing social media marketing relating to the scheme, which promises to change the future of finance, but appears little more than a successful data mining scam. Initiative Q: Not Decentralised, Not Limited in...The post What is Initiative Q Really All About? Does it Beat Bitcoin? Don’t Bet on It appeared first on NewsBTC.
11/06/2018 / 22:00:48
Most cryptocurrency users are well aware of the recent Oyster project failure. Although it remains unclear if this was an exit scam or something else taking place entirely, legal action appears to be more than warranted. A new dedicated forum has been created to gather complaints and testimonials. Oyster Lawsuit Hangs in the Balance Most […]NullTX.
11/06/2018 / 20:19:26
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