Tag: Scam

Those who don’t study history are doomed to repeat it. The long and dramatic story of one of the largest cryptocurrency scams is finally over, so let’s try to learn something from it. In 2017 the entire world was first exposed to blockchain technology and cryptocurrencies. But it wasn’t just regular users, businessmen, and developers…

Seems like the numerous cryptocurrency scams have not taught anyone a thing. Moreover, people are falling victim to increasingly more primitive schemes – the criminals don’t even need to invent anything. We decided to figure out what can be learned from the collapse of the Squid token launched in the wake of the Squid Game…

One side effect of the blockchain industry’s explosive growth is an outburst of different scams, frauds, and other economic crimes “tied” to cryptocurrencies. The risk of running into shady characters in this area is now higher than in any other. It is why we decided to launch a series of articles on cryptocurrency scams and…

DubaiCoin positioned itself as a regular cryptocurrency, specialized for the UAE market. Its DBIX tokens were traded on various exchanges, and the roadmap looked quite attractive. But it was all a scam. In May of this year, the attention of the cryptocurrency community was drawn to the DubaiCoin digital currency (DBIX token). As stated in…

As cryptocurrencies remain a major source of investment, it still remains major questions about how to secure investors’ funds. That’s why an expert explained to the Deseret News how to avoid cryptocurrency scams. Some people in the US have suffered from cryptocurrency scams, which continue to hold many investors from diving into the crypto sector….