Cryptocurrency Analysis and News Portal
Bitcoin scams have been rampant since the market started gaining popularity. Since its over a decade-long existence, there has been an uncountable number of scams. Some of these scams have become well-known that most people do not fall for them again. But others have evolved to be harder to spot.
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In what may be the largest attack in decentralized finance, unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains.According to a Tuesday update on Twitter, Poly Network said the attacks had removed assets from Binance Chain, Ethereum, and the Polygon
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Police seized 1,746 bitcoin mining machines across 21 premises in raids this week. Original Source
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DeFi lending protocol bZx suffered another attack last night, the second in seven months. This time, faulty code was
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NVIDIA announced yesterday its new line-up of Ampere GeForce RTX 30-Series GPUs. The GPUs match or outclass the PS5 and Xbox Series X in price and performance. The next-gen consoles have become a tough sell as a consequence. While it isn’t always sensible to pigeonhole consoles and PC together, NVIDIA newly-announced Ampere architecture-based
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A hacker has stolen data on more than 1,000 users from CryptoTrader.Tax, an online service used to calculate and file taxes on cryptocurrency trades. The hacker broke into a CryptoTrader.Tax marketing and customer service employee’s account on a support center platform, according to a source who came across the hacker on
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U.K. based cryptocurrency exchange Cashaa reported hackers took more than 336 Bitcoin. The company has stopped all the crypto-related transactions, however, prima facia users are not affected by this hack. In a media brief shared with Cryptox, Kumar Gaurav, CEO of Cashaa said that one of their wallets was compromised and
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A 35-year-old Romanian programmer of the Bitclub Network pleaded guilty on Thursday to his role in establishing the mining pool Ponzi scheme that defrauded investors of hundreds of millions of dollars in bitcoin. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and
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The United States Securities and Exchange Commission (SEC) has halted activity of another alleged cryptocurrency-related scam stealing millions of dollars from investors.According to a SEC’s announcement on June 19, the authority has been granted a temporary restraining order and asset freeze against two Pennsylvania-based brothers allegedly running three crypto scam
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A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month.At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry Denley, first tweeting that he had identified two domains hosting fake QR code applications
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