2020-8-17 19:00 |
A new research paper from the University of Technology in Syndey found that pump and dump schemes are rife in the crypto markets, having recorded at least 355 market manipulations in the seven months.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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CoinJoin-like schemes are not as anonymous as users may want to believe and some exchanges even have a zero-tolerance on mixing tools. Dark Wallet creator and early Bitcoin developer Amir Taaki recently took to twitter to discredit several top crypto transactions anonymity services.
2020-7-22 17:27 | |
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Who doesn’t love rewards and rebates? The cashback concept appeals to pretty much everyone and goes some way towards assuaging the guilt that tends to follow an indulgent spending spree. Earning a modest percentage of your transaction value back in the form of in-store credits, discounts or cashback is a fixture of the modern commerce experience, with new schemes even granting rewards in cryptocurrency.
2020-7-20 15:51 | |
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The Ugandan Ministry of Finance have once again issued a warning about investing in crypto-assets, over concerns of rising Ponzi and pyramid schemes. Local sources say the Government is now updating its Penal Code Act to outlaw these types of scams Crypto Ponzi schemes are pilfering Ugandan investors Uganda’s State Minister of Finance, David Bahati, spoke to Uganda’s Parliament yesterday, and asked the government to publish public warnings to Ugandan investors about the risks ofRead More The post appeared first on Bitcoinist.com.
2020-2-6 05:00 | |
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Would you want to receive loyalty rewards from retailers in crypto? New platforms are beginning to make this a reality #Sponsored
2019-11-27 22:06 | |
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On 7 October, Roche Freedman, the New York-based high-stakes legal firm, dragged Tether and Bitfinex to court, alleging them to be participants in market manipulation. A class-action lawsuit was filed by Roche Freedman LLP against Tether and Bitfinex for manipulating cryptocurrency markets.
2019-10-7 16:18 | |
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Special thanks to Justin Drake, Karl Floersch, Hsiao-wei Wang, Barry Whitehat, Dankrad Feist, Kobi Gurkan and Zac Williamson for review Very recently, Ariel Gabizon, Zac Williamson and Oana Ciobotaru announced a new general-purpose zero-knowledge proof scheme called PLONK, standing for the unwieldy quasi-backronym “Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge”.
2019-9-24 04:03 | |
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Active Stellar users have declined slightly over the past six months despite new incentive schemes for adoption. Perceptions of the project have also taken a hit due to issues regarding the Stellar consensus model - and a full network outage that occurred in May.
2019-8-13 17:00 | |
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A US state regulator is cracking down on two New Jersey-based initial coin offerings (ICO) offering “fraudulent unregistered securities. ” The Bureau of Securities issued emergency cease and desist orders as part of “Operation Cryptosweep” – an international crackdown on fraudulent ICOs and cryptocurrency-related investment schemes – against Zoptax LLC (also known as Zoptax) and Unocall.
2019-8-8 11:34 | |
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PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.
2019-7-18 11:03 | |
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Ponzi schemes in the crypto ecosystem can be traced back to every single bull run that attracted a new wave of naive investors. Although such scams maintain its stronghold within the budding markets, Tron made headlines after being linked to a billion-dollar Ponzi scheme with Chinese investors.
2019-7-8 18:02 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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Scams and get-rich-quick schemes are nothing new in the world of cryptocurrencies. In the past few months, there has been a notable increase in so-called Bitcoin HYIPs. A high-yield investment program is a very common scam, especially on the internet.
2019-4-26 12:00 | |
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Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with.
2019-4-19 18:33 | |
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Initial Coin Offerings (ICOs) became popular back in 2017 when the crypto market was expanding and reaching new highs. However, a large number of them were just fraud or irregular schemes created to steal users’ funds.
2019-4-12 00:06 | |
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Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.
2019-4-5 04:03 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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In the cryptocurrency world, there has never been a shortage of dodgy projects, Ponzi Schemes, and outright scams. Most of those projects are all in the past, yet new ones tend to pop up every now and then.
2019-3-1 12:12 | |
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While 2017 was the year of crypto gains, 2018 was the year of crypto theft, according to new data. Crypto-related thefts increased roughly 260% from 2017 to 2018, largely fueled by a number of high-profile cryptocurrency exchange hacks.
2019-1-29 23:00 | |
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The GainBitcoin Ponzi scheme was among the most significant Bitcoin schemes to hit the crypto space. In addition to stirring up a new round of panic and accusations that the cryptocurrency community ought to be more properly regulated, this Ponzi scheme is linked to another scam which set the stage for the OneCoin MLM scam, […]
2018-12-23 04:02 | |
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Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax measures apply to crypto, which essentially falls under existing taxation schemes.
2018-12-21 22:00 | |
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Three Suspicious Crypto Platforms Blacklisted In New Zealand’s Effort To Eliminate Potential Scams The Financial Markets Authority in New Zealand is pursuing an aggressive effort to eliminate crypto platforms that seem to pose a risk to their residents.
2018-12-13 01:58 | |
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Alienware’s m15 is a shocking new take on the humongous laptop: it’s not humongous. It’s still a powerhouse that handles 1080p gaming with apparent ease. But now it fits in a backpack. I’ve only spent a couple of days with the m15, but my experience so far has given me a few early impressions.
2018-12-6 02:41 | |
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New AI Tech From Two College Academics Can Filter Out Pump-And-Dump Schemes On Telegram With High Accuracy Pump-and-dump schemes have plagued the financial industry for quite some time, so it should come as no surprise that cryptocurrency became a target.
2018-12-6 01:19 | |
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On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering.
2018-12-1 22:36 | |
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Crypto Pros does not have an active website. Surprisingly, the platform registers new clients using Google forms and links on YouTube. Although the payments are supposedly made through cryptopros. biz, no website is registered under this domain name.
2018-11-23 05:02 | |
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On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.
2018-11-21 01:44 | |
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Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U. S. with money laundering and organizing a scheme to evade U.
2018-11-7 10:35 | |
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Fabian Vogelsteller, the developer of Ethereum’s ERC-20 token standard, has proposed a new approach in a bid to make the funding schemes more safe for would-be investors. Speaking in Prague on Tuesday at ethereum’s annual developer conference Devcon4, Fabian Vogelsteller proposed a “reversible ICO,” or RICO, that would allow token investors to take back their […]
2018-10-31 21:15 | |
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US SEC Launches Strategic Hub For Innovation and Financial Technology; What is It? Back on October 18, the U. S. Securities and Exchange Commission (SEC) decided to announce a new arm in charge of protecting investors from fraudulent schemes.
2018-10-26 19:57 | |
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The country’s financial regulator has also issued a new public warning about the most used technique in virtual asset Ponzi schemes.
2018-10-26 19:09 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.
2018-10-20 00:22 | |
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An exchange-traded bitcoin fund (ETF) would signal greater acceptance of bitcoin as a mainstreet investment, while also making it much easier for both institutional and retail investors to get involved.
2018-10-6 01:07 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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Today marks the official release of Bitcoin Core 0. 17. 0, the 17th generation of Bitcoin’s original software client launched by Satoshi Nakamoto almost 10 years ago and still the dominant Bitcoin implementation on the network today.
2018-10-3 16:28 | |
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A group of former Swiss bankers decided to devote themselves entirely to the development of a crypto-bank offering a wide range of new services to clients and investors accustomed to traditional financial schemes.
2018-9-29 04:19 | |
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The twin issues of spotty security and lack of governmental regulation have plagued cryptocurrencies practically since their inception. Headlines of millions lost to hackers and scammy, get-rich-quick schemes that left investors bankrupt have made the public leery of cryptocurrencies.
2018-9-19 16:00 | |
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Thomas Carter, a fintech startup veteran and serial entrepreneur, is on a mission to disrupt the traditional finance model capital raising by leveraging cryptocurrency and blockchain technology. Although ICOs are known for their scams and Ponzi schemes, Carter has found a new way to leverage the ICO model and create an alternative to bank financing without the messy scams.
2018-9-14 19:00 | |
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Tax evasion, money laundering, and terrorist funding schemes are all major categories of blockchain fraud. So how can legislation and technologies soon be used to stop crypto criminals? The post Blockchain Fraud: New Policies and Technologies to Stop Crypto Criminals appeared first on CoinCentral.
2018-9-6 17:08 | |
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Jordan Belfort’s story of stockbroking and scamming investors is one of the most popular tales from Wall Street. Known as the “Wolf of Wall Street,” his story was depicted by Leonardo DiCaprio in a movie by the same name.
2018-8-28 20:48 | |
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One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”).
2018-8-28 04:03 | |
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Earlier this year in July, products that have been resembling ‘Ponzi Schemes’ have been ‘topping the charts’ amongst decentralised applications (dapps) which are running on the globes second biggest blockchain.
2018-8-20 23:00 | |
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ICO exit scams have become a clear and present danger to the integrity of the cryptocurrency crowdsale paradigm. The prevalence of pump and dump ICO schemes threaten to scuttle the belief once held by investors in the potential of ICO token investments.
2018-8-14 21:00 | |
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The cryptocurrency market keeps evolving in terms of regulations. Barbara D. Underwood, New York State Attorney General, announced a new Investor Protection Bureau Chief. Cynthia Hanawalt will be the Chief of the office of the New York General Attorney, and will be responsible for the Ponzi schemes and fee overcharge, among other risks related to […]
2018-8-10 10:57 | |
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For those following the cryptocurrency space, scams and schemes are nothing new. The seasoned trader or spectator will spot a dishonest project from a mile away… or pay the price.… The post Don’t Miss Out on the FOMO3D appeared first on CoinCentral.
2018-8-9 13:28 | |
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In sharp contrast to their original mission statement, there are many “pink sheet” or “penny stock” scams that go mostly unnoticed by the SEC and the exchanges. These Microcap Stock Fraud schemes run into the billions annually according to August 8, 2018, reports.
2018-8-9 20:00 | |
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Reports of new cryptojacking schemes continue to plague the cryptocurrency market. Most recently, 200,000 MikroTik routers were discovered by Trustwave on July 31st to be secretly running a Monero (XMR) mining script.
2018-8-4 09:45 | |
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| Analogue Notcoin - TapSwap |
Key takeaways Bitcoin continues to struggle below $62k and could plunge lower in the short term. Bitbot has raised $3. 3m so far, with only two stages of the presale left. Bitcoin stays below $62k Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists.
Popular cryptocurrencies are on edge as investors wait for their upcoming token unlocks that will lead to more dilution. Arbitrum’s ARB token was trading at $1 on Sunday, down by over 58% from its highest point in 2023, and is near its lowest swing since December 1st last year.
In the wake of the Bitcoin halving on April 19, the price of BTC has failed to maintain its upward trajectory, but the network has continued to generate headlines and transactions in equal measure.
A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision. The closely-watched crypto fear and greed index has crashed from the extreme greed zone of over 80 to the neutral phase of 58.
TL;DR AKT is the best performer amongst the top 100 cryptocurrencies by market cap today, adding 54% to its value. Algotech’s presale is approaching the $4 million mark as more investors troop into the project.
Key takeaways BTC continues to struggle below the $64k level ahead of the Bitcoin halving event in two days. Bitbot’s presale is now above $2. 5 million. Bitcoin stays below $64k ahead of halving Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists.
Betting against that outcome could yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes presidential odds.