Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Popular YouTuber DidYouKnowGaming has regained access to his channel after it was hacked by an unidentified bad actor and used to promote XRP scams. XRP is one of the most liquid cryptocurrencies with a market
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As the crypto industry continues to evolve, this week saw a flurry of activity that reflected the promise and pitfalls of digital assets. On one hand, there were several developments from private firms that signaled growing adoption and integration of crypto into the mainstream financial system. Meanwhile, there were discouraging
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Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams.While hacking into YouTube channels to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting hacks has
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Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021.According to an April 17 scam activity report from the country’s consumer regulator, the Australian Competition and Consumer Commission (ACCC), 3,910 crypto scam incident reports were
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK, a popular blockchain security network, tweeted that there were about 27 security incidents in the crypto space in the past seven days. Security incidents in crypto Security is still a significant concern in crypto, with many major
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In a recent legislative meeting held by the Nevada Senate Committee on Commerce and Labor, members discussed a cryptocurrency bill aiming to establish a recovery fund to protect vulnerable populations from fraud, abuse, and manipulation within the cryptocurrency sector. The fund in question would seek to address the alarming increase in
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The blockchain explorer will now hide zero-value token transfer displays on its website by default. The setting aims to prevent users from becoming victims of "address poisoning" hacks, in which attackers send virtually valueless tokens to a user's wallet addresses to bait them into sending tokens to a scam address. Source
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Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), has officially partnered with layer-2 scaling platform Polygon to make NFT authentication possible.The partnership between Polygon and Wakweli means all digital assets on Polygon will be compatible with Wakweli’s certification system. According to the announcement, every NFT project holder
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Gift card scams are fraudulent activities where scammers trick people into purchasing gift cards and providing them with information such as the card’s code or PIN. Scammers utilize a variety of strategies, including fraudulent prize offers, romance scams and technical support hoaxes, to trick victims into providing gift card
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On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer
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