Tencent Yujian Threat Intelligence Center has spotted Ryuk ransomware in China, and received an extortion request in the amount of 11 BTC during their study.
Bitcoin Scams News
A scam is a way to steal money from people under false pretenses. The main feature of a Bitcoin scam, compared with other ways of stealing money, is that it usually takes advantage of people’s trust and negligence. Currently, the cryptocurrency market is not regulated enough to protect people from scams, so that is why it is such a common thing among users of digital currencies. Since many people try to earn money by investing in new projects that are related to cryptocurrency, ICOs are one of the most popular ways to commit fraud. Besides that, some emerging cryptocoins use a financial pyramid system. In addition, to avoid scams, it is better to use a verified exchange or trading platform.
- News
- News
A former Microsoft staffer has been arrested for a scheme to steal $10 million in crypto, using some of the funds to buy a Tesla car and lakeside home.
- News
Seven Venezuelans claim to have been lured into a $30 million Ponzi scheme with a cryptocurrency pegged to diamonds
- News
The co-founder of defunct Bitcoin exchange BitFunder has received 14 months imprisonment in connection with federal charges of obstruction of justice and securi...
- News
Cyber threat intelligence firm Digital Shadows has reportedly discovered over 100 fake domains relating to Facebook’s forthcoming stablecoin Libra.
- News
by Aaron Wood
Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi.
- News
Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it.
- News
No consumers sent funds to an address promoted via the social network, with Tesco managing to restore order.
- News
A 46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency.
- News
The city council of Riviera Beach, Florida, has agreed to pay nearly $600,000 worth of BTC to regain access to data lost in a hacker attack.
- News
by Helen Partz
The recently reported Firefox’s zero-day flaw was used by hackers to attack Coinbase employees on June 17.
- News
The exchange’s deceased owner was transferring user funds off the exchange and using them in his own margin trading on other platforms.
Editor’s Choice
- Bank of America Files Patent for Settlement System Citing Ripple
- Number of Crypto Notables on Buffett Lunch Guest List Grows
- European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied
- Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment
- Top-5 Crypto Performers: BSV, XTZ, TRX, LTC, ATOM, OKB*