scams
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Quizzes and Other Identity Theft Schemes to Avoid on Social Media
- February 19, 2022
- Posted by: MasterAdmin
- Category: Altcoins
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Before you take the fun-looking quiz that popped up in your social media feed, think twice. The person holding the answers may be a hacker.
Where people go, hackers are sure to follow. So it’s no surprise hackers have set up shop on social media. This has been the case for years, yet now social media-based crime is on the rise. In 2019, total reported losses to this type of fraud reached $134 million.…
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To Dox or Not Dox: Is Anonymity in Crypto a Farce?
- February 18, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Conversations around anonymity as one of the many perks of the ever-growing crypto space continue to spring up in many circles. While certain crypto natives argue that anonymity in the industry is sacred and should be honored, others like me advance convincing reasons it is unworkable, despite the fuss around decentralization.
\n In the 2008 whitepaper he authored, Satoshi Nakamoto argued for a decentralized financial system that involved peer-to-peer transactions protected by the blockchain and barring third-party (in this case, the government, banks, and what have you) involvement.…
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Crypto ‘romance scammers’ stole $139 million from victims in 2021
- February 11, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Even scammers are looking for love, and that’s very much a problem.
That’s the takeaway from an equally detailed and depressing warning from the Federal Trade Commission documenting skyrocketing incidents of so-called romance scams. The report, released the Thursday ahead of Valentine’s Day, notes that the specific type of online confidence scheme is on a dramatic rise, and that cryptocurrency is at least partially to blame.…
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El Salvador’s Chivo bitcoin wallet gets a new software developer after complaints about ID theft and disappearing funds
- February 7, 2022
- Posted by: MasterAdmin
- Category: Blockchain
Bitcoin
Francesco Carta fotografo/Getty Images
El Salvador has signed up software developer AlphaPoint to improve its Chivo bitcoin wallet.
People using the wallet have complained about issues like disappearing funds and identity theft.
El Salvador issued the wallets to citizens after it adopted bitcoin as legal tender last year.El Salvador has enlisted a new crypto software provider for its Chivo bitcoin wallet, which has drawn floods of complaints about failed transactions, lost funds and other tech glitches.…
