PSA: Stay away from this ‘Bitcoin Collector’ app – it’s malware

Have you come across a new “Bitcoin Collector” program promising up to $45 worth of free cryptocurrency each day? It might sound enticing, but best to stay away: the app is a virus designed to infect your system with ransomware or password-stealing malware.

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Infographic: An Overview of Compromised Bitcoin Exchange Events

The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.

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7,000 BTC Lost in Hangzhou Scam

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JP Morgan Said Bitcoin Is a Scam, Now Reports About Its “Intrinsic Value”

JP Morgan Chase, once known for its extremely critical position on Bitcoin (BTC) and cryptocurrencies, with its CEO Jamie… The post JP Morgan Said Bitcoin Is a Scam, Now Reports About Its “Intrinsic Value” appeared first on Invest In Blockchain.

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Bitcoin Breaks $8,000: Four Factors Behind the Rally

This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.

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Despite Attacks of All Shapes and Sizes From All Sides, Bitcoin (BTC) Is Very Much Alive And Kicking

It looks like Bitcoin will continue to defy all odds for a long time. Despite the constant attacks of its critics, which often call it a scam or worse, the crypto world is more bullish than ever now.

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Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement

Wall Street Market, the second-largest darknet market in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.

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Bitcoin is Not a Store of Value Due to Volatility Says Bank of England (BOE) Deputy Governor

Bitcoin is surely controversial, there is no discussion about that. While some people call it digital gold, others call it a scam. While we can attest its value, this is far from being a popular opinion among people who do not know BTC very well.

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Report: Australians Lost Over $4 Million to Crypto Scams in 2018

The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.

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$9 Million Bitcoin Scam Defrauded More Than 250 Victims

Jon Montroll, the man behind BitFunder and WeExchange, was charged with fraud last February. He pleaded guilty last July, and will be sentenced in April. Montroll reportedly hid the theft of over 6,000 BTC from his platform in 2013, and went to great lengths to hide the hack – even lying to investigators.

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Bitcoin Trader Blacklisted by FINRA over $1.5 Million BTC Scam

A Colorado-based bitcoin (BTC) trader is one of 27 individuals recently blacklisted by the United States Financial Industry Regulatory Authority (FINRA). On March 25, 2019, CNBC reports that the BTC trader was part of a $1.

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[Crypto User Warning] Wasabi Users to Watch Out for a Fraudulent Clone of the Wallet

A fake clone of popular Bitcoin (BTC) wallet, Wasabi, has surfaced online with an accompanying sham replica of the original’s website. The news of this scam was brought to fore by nopara73, a co-founder of Wasabi.

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Pakistani Cryptocurrency Scammers Steal $250,000 From Businessmen In China, Get Jail Sentence

Bitcoin Scammers From Pakistan Steal $250,000 From Chinese Businessmen And Receive Jail Sentence Three criminals from Pakistan have been sentenced to one year in prison each after participating in a Bitcoin (BTC) scam.

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Will Tron (TRX) “Crash” Because of Craig Wright Comments?

Tron price could edge higher, down 3. 6 percent in the last week. Fundamentals and technical factors favor bulls Transactional volumes low. Any spike in volumes may see TRX close above 3. 1 cents Craig Wright thinks Tron is a scam that will dump hard.

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XRP Price Continues its Decline as Forbes Labels Ripple as a Potential Scam

For the time being, there is literally nothing to get excited about when it comes to the cryptocurrencies, tokens, and digital assets. Bitcoin dictates the pace, which will undoubtedly put even more strain on alternative markets as more time progresses.

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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018

Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.

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Crypto Scammers Resort To ‘Sextortion’ For Stealing $300,000 Worth Of BTC Using Blackmail Emails

Over the past two years, hackers have made away with over $300,000 worth of Bitcoin by sending blackmail emails to individual investors. Because the threats involve porn, the scam is known as ‘Sextortion’.

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Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud

There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data.

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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet

According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019.

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Bitcoin Price Analysis: BTC Ranging, Blockstream Quick Fix

Bitcoin Prices are steady but could rally above $3,600 in days ahead Blockstream’s Proof of Reserves could solve the exchange’s perennial problems Transaction volumes below average It may be an exit scam or a tragedy, but the bottom line is that QuadrigaCX users stand to lose $190 million.

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BTC Profit: Legit Crypto Investment Scheme Or Bitcoin Scam

What Is BTC Profit? BTC Profit is a blockchain-based trading program that seeks to remit high profits. The program claims to operate under superior technology, the software created using the most advanced programming technology for trading.

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Phishing Scam Hits LocalBitcoins, Clients Lose Funds

On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins.

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The Daily: Bakkt Shares BTC Futures Details, Kucoin Adds Grin Trading Pairs

In the first weekend edition of The Daily, crypto exchange Kucoin lists Mimblewimble coin Grin, giving it several trading pairs, and Bakkt releases product details about its upcoming futures contracts.

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Bitcoin Twitter Scam Dupes Cricket Team in South Africa, Inviting Them to Win 20 BTC

Twitter has been the host of multiple Twitter scams over the course of the last year, and it is clear that hackers aren’t planning to take time off for the start of 2019. A report from Indian Express indicates that a recent hack on Twitter took the national cricket association in South Africa as its […]

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Hackers Turn Twitter of Belgian Non-Profit Into Fake Coinbase Promo Account

Scammers took over the account of a Belgian non-profit, transforming it into a “Coinbase promotion account” and posting a scam BTC giveaway

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Electrum Becomes The Subject Of Ongoing Bitcoin Hack Attack, Results In Nearly 250 BTC Stolen (So Far)

Electrum Becomes The Subject Of Ongoing Attack, Resulting In Nearly 250 Bitcoin Stolen (So Far) One of the most publicized problems in the cryptocurrency industry is the way that hacking keeps stealing money from it.

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GainBitcoin Crypto Scammer’s Nearly 452 Bitcoin (BTC) Seized by Indian Authorities

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, […]

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Bitcoin (BTC) Generator Scam Keeps Making the Rounds

A rather simple scam is still attempting to grab small amounts of Bitcoin while promising to generate coins and send them to any address.

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Bitcoin Scam Alert: Criminals Demand BTC Payment to Call Off Hit Man

Scam artists have tried just about every trick in the book to relieve people of their Bitcoin in recent years. The latest effort is rather lacking in the sophistication department, however. A report in Bleeping Computer states that people have been receiving emails that are apparently from the owner of a dark web site offering.

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Cryptocurrency scammers target schools, hospitals, government offices with bomb threats

A dangerous email scam appears to be targeting businesses, schools, hospitals, and government buildings across the US in an attempt to extort bitcoin (BTC) with a bomb threat. A spokesperson for the FBI provided TNW with the following statement: We are aware of the recent bomb threats made in cities around the country, and we remain in touch with our law enforcement partners to provide assistance.

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Hackers seized control of the Uphold email address and sent its users a link to a Bitcoin (BTC) giveaway scam

Hackers were able to seize control of the email address of cryptocurrency exchange Uphold – and blast its users with a link to a Bitcoin (BTC) giveaway scam. Fraudsters sent links to a phishing campaign, designed to dupe investors out of their coins.

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Uphold Emails Spoofed in Black Friday Crypto Scam

Scammers managed to send an email coming from what looks like crypto exchange Uphold, offering a Black Friday discount for BTC.

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Crypto Hater Nouriel Roubini And Bitcoin Trader Tone Vays Continue Digital Duel Over Latest Action

On November 16, Nouriel Roubini, the NYU professor tweeted that he could gloat about BTC collapsing 10% in a day. However, that was still some way to go before it hit zero. The professor has been a perpetual critic of crypto.

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Bitcoin ATMs Most Common Scam Payment Method in Australia

The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority.

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Bitcoin Scam Hacks Google G Suite’s Twitter Account

Anonymous hackers have targeted the profile to make it claim that G Suite accepts BTC and would award 10,000 Bitcoins in a giveaway event.

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Crypto Scammers Hack Google’s G-Suite Twitter Account to Promote their BTC Scam Giveaways

It looks like crypto criminals are all out to milk cryptocurrency owners dry. First, they used Elon Musk as cover, then the American retail giant, Target, and now G-Suite. G-Suite’s official Twitter page was hacked on 13th of November and followers were requested to send between 0.

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Malaysia’s Media Prima Affected By Ransomware As Hackers Demand $6.3 Million In Bitcoin (BTC)

As ransomware attacks are on the rise now, a new giant company has been attacked by them. A Malaysian media giant called Media Prima Bhd was attacked by a ransomware scam and now the attackers are asking for $6.

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Google, Target Twitter Accounts Hacked To Advertise Bitcoin Scams

Target Twitter Account Hacked To Promote Bitcoin (BTC) Scam On Tuesday morning, reports arose that crypto-centric Twitter hackers scored their biggest win yet — hijacking Target’s official account, which sports a casual 1.

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Breaking: Target (yes, the retail giant) hacked to promote Bitcoin scam

Twitter cryptocurrency scammers have claimed their largest prey ever: hackers briefly hijacked the official account of American retail behemoth Target to push malicious Bitcoin giveaway links to its almost two million followers.

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“Elon Musk” Crypto Scam May Have Snagged Dozens Of Bitcoin (BTC)

“Elon Musk” Strikes Again, Bitcoin Scam Ensues After Twitter reportedly restricted (and banned) many of the accounts sharing the likeness of Tesla & SpaceX CEO Elon Musk, one of the social media platform’s foremost stars, reports have arisen that claim that the world-renowned entrepreneur has been impersonated yet again, this time in a context pertaining […] The post “Elon Musk” Crypto Scam May Have Snagged Dozens Of Bitcoin (BTC) appeared first on Ethereum World News.

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Canada’s MapleChange Cryptocurrency Exchange Gets Hacked, Loses All Funds in Exit Scam

The cryptocurrency exchange MapleChange announced on Twitter that they have been hacked and that they are unable to give funds back to users. The exchange is not important in the market but several users have been affected by this issue.

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MapleChange Crypto Exchange Hacked For 913 Bitcoin (BTC), Exit Scam Likely

MapleChange Loses 913 Bitcoin ($6M) In “Hack,” Deletes Twitter Page And Shutters Website On Sunday morning, a lesser-known crypto exchange, revealed that it had apparently fallen victim to a hack, resulting in a loss of consumer-owned funds.

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“Bitcoin is a scam, Sell Everything”… Says The Living Bitconnect Meme Carlos Matos

Carlos Matos loooooooooooooooves Bitconneeeeeeeeeeeeeeeeeeeeeeeeeeeect… but he absolutely hates Bitcoin (BTC). The famous promo-maker of the most notorious Ponzi scheme in the world of cryptocurrencies, published a tweet a few hours ago advising all his followers to “sell everything” they had in Bitcoin (BTC) as it is a Scam: Bitcoin Is A Scam.

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Bitcoin (BTC) ATM Operator not Liable for Stolen Money in a Scam, Says Canada’s Judge

BTC purchasers bear the responsibility themselves, justice Nancy Orr wrote in the verdict regarding a $48,000 Ponzi scheme.

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Open Scam: Yobit Cryptocurrency Exchange Publicly Pumping Coins

A recent tweet by Yobit cryptocurrency exchange has shown the exchange is actively into cryptocurrency price manipulation. Yobit in its tweet had revealed that: “YoBit Pump in 22 hrs: https://yobit.

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Eos (EOS) Investors Unmoved By Bitcoin (BTC) Selloff

Chart for EOS/USD (1W) Cryptocurrency markets plunge deep in the red, dancing to the tune of Bitcoin (BTC). Eos (EOS) investors are not moved by this confusion. In fact, as the above weekly chart for EOS/USD shows, the price of Eos (EOS) has not corrected the same way as the rest of the market.

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Ethereum Classic (ETC) Is Bitcoin With IOT And Dapps

Chart for ETC/USD (1W) Ethereum Classic (ETC) is currently the only Turing Complete blockchain that will run on Proof of Work (PoW) forever. It has a limited supply of coins, just like Bitcoin (BTC).

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Bitcoin (BTC) ATM Scam Targets Immigrants in Australia

Fraudsters have stolen around $50,000 from four people, but local police believe that the number of victims is higher.

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Crypto-Malware Allows Scammers to Steal Bitcoin Through Fortnite

The popular video game has become the target of Russian hackers looking to scam players out of their BTC.

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