2024-10-4 12:47 |
The FBI is sounding the alarm on a cryptocurrency scam that’s cost some Americans their entire life savings. According to an abc13 report, the bureau alleges that ICHCoin, which lured victims under the pretense of offering a crash course on… origin »
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Meme tokens are renowned for their extreme “high-risk, high-reward” potential. While some meme coin investors have seen enormous success within weeks, others have lost their life savings on one bad investment.
2023-8-26 17:14 | |
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Bitcoin’s unique properties make it the best way to preserve wealth in a time of crisis. But there are some things to keep in mind to prepare.
2023-5-28 15:00 | |
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Twitch Streamer and Goobers NFT founder DNP3 confessed in a twit longer that he is now completely broke after gambling away his life savings and all funds received from investors. The post Founder of Goobers NFTs ‘completely broke’ after gambling away life savings, investor funds appeared first on CryptoSlate.
2023-1-4 12:30 | |
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A 23-year-old artist doesn’t want to come across as sympathizing with Sam Bankman-Fried, who lost numerous people’s life savings in FTX's collapse.
2022-12-6 16:38 | |
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Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone.
2022-11-17 01:45 | |
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Ethereum [ETH], the largest altcoin remains hyped due to the upcoming upgrades in September. Despite that, traders have had a hard time trusting ETH with their life savings as falling funding rates coThe post Ethereum may drop to $1k for the first time in two months if... appeared first on AMBCrypto.
2022-8-31 16:30 | |
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Longtime CNBC host Jim Cramer has urged investors to sell their cryptocurrencies, admitting that he was wrong
2022-8-31 09:03 | |
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The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings.
2022-8-12 12:02 | |
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One user, referred to as Robert for anonymity purposes, stated he put roughly six figures on Voyager, representing 70% of his life savings, and feels lost on what to do moving forward.
2022-7-11 07:18 | |
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The Terra (LUNA) crash will go down in crypto history as one of its most catastrophic events. Billions of people lost their life savings and investments. In the meantime, a small group of insiders benefited.
2022-6-1 01:00 | |
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A few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case […] The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on NullTX.
2022-6-1 23:09 | |
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CNBC reported today that a 20-year-old refugee fled Ukraine and the only money he was able to carry was the Bitcoin he held on his pen drive. The post Ukrainian refugees escape with life savings in Bitcoin on pen drive appeared first on CryptoSlate.
2022-3-25 08:00 | |
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Bitcoin exploded into the public awareness in 2017, hitting a market cap of over $270 billion. Many people have been drawn to this mysterious digital currency, which means more and more stories about people losing their life savings.
2021-11-24 15:57 | |
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It is the worst nightmare of every crypto investor. It’s a betrayal of trust of wanton proportions. Some have lost their life savings to it, while others have plunged into depression and suicidal thoughts.
2021-10-20 12:56 | |
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Crypto fraudsters have run amok in India, dispossessing people of millions in rupees, and at times their entire life’s savings. In India, individuals are increasingly becoming victims of scams, like the most recent one, where a male impersonating a woman has claimed to be a crypto expert, offering to invest crypto, and even offered people … Continued The post Crypto Fraudster Dupes Indian Citizens appeared first on BeInCrypto.
2021-10-2 19:30 | |
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A Redditor spent a significant part of his life savings on Dogecoin and then bought an NFT for his bride-to-be
2021-9-2 22:50 | |
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As the Taliban advances after the President fled, Afghans fail to withdraw life savings due to cash shortage.
2021-8-18 23:37 | |
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Bitcoin, Ethereum, Dogecoin, and other crypto assets are making headlines all across mainstream finance for making people rich left and right. But as abundant as success stories are these days, there’s also a growing number of horror stories where people end up with misfortune instead.
2021-5-15 22:53 | |
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Just recently, an individual lost all of his life savings in a matter of no time after he downloaded a malicious and phony Trezor application onto his iOS smartphone from Apple’s App Store. Phillipe Christodoulou lost 17.
2021-4-1 01:30 | |
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Informal savings groups are fast gaining traction in Nigeria, as well as other parts of Africa and the Binance-backed Xend Finance is aiming to make life easier for participants through dollar-pegged stablecoins.
2021-3-17 00:01 | |
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After a 24-hour low of $45,201 in the price, Bitcoin recently endured a major pullback. Amid the price dips, many shared bearish sentiments about the price of the asset. However, MicroStrategy CEO, MiThe post MicroStrategy’s Michael Saylor: Billions will choose Bitcoin for life savings appeared first on AMBCrypto.
2021-2-23 19:30 | |
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Jesse Johnson, co-founder of Aavegotchi smart contract on the Ethereum blockchain shared an update today with regard to an incident in which a crypto user lost his entire on-chain life savings in LINKThe post Crypto user who lost $50,000 in LINK receives $11,000 donation in tokens appeared first on AMBCrypto.
2020-12-31 00:30 | |
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"I have already done hundreds of transactions on the ETH chain and by one oversight, rush, and my son's lessons, I lost my life savings."
2020-12-17 00:54 | |
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The cryptocurrency hardware wallet firm Ledger was hacked last June and over a million emails were exposed, according to reports from the company at the time. Months later, the hackers who obtained the Ledger data emailed clients, sent texts to customers, and created phishing links for users to enter their seeds.
2020-12-14 15:30 | |
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Yfdex. Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media, and then disappeared without a trace.
2020-9-11 05:00 | |
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Early mistakes can mean big losses.
2020-9-4 21:07 | |
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Ethereum co-founder Vitalik Buterin believes DeFi investors are underestimating smart contract risks on platforms locking billions of dollars these days, he said on a podcast this week. “DeFi is Fine, But Don’t Put Your Life Savings” In an interview marking Ethereum’s fifth birthday (it launched July 2015), Buterin said most DeFi players were not fullyRead MoreRead More.
2020-7-29 18:00 | |
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The European Central Bank is now charging 0.5% for depositing with it when it used to give some 2% on such deposits. This has led banks to offer savings rates... The post Negative Interest Rates Sending Germans to Life Insurance While DeFi Gives 8% appeared first on Trustnodes.
2020-1-31 19:35 | |
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A 75-year-old lady in the UK falls a victim to online Bitcoin fraudsters who got hold of all of her life savings
2020-1-22 17:44 | |
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A woman based in the United States island-state of Hawaii has lost nearly half of her entire life savings, in a crypto mining-related Ponzi scheme. And while the woman is clearly the victim, she’s been hit with a temporary restraining order for voicing her concerns and attempting to retrieve the money that was stolen from.
2019-12-21 22:00 | |
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Seth Shapiro claims that he and his family had to endure 17 months of "horror" after losing their entire life savings
2019-10-25 10:03 | |
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Many people have already started putting some of their savings in Bitcoin, however, there aren’t many who accept their entire salary in BTC. Although, there is a rising wave who people who dare to do this.
2019-8-24 18:38 | |
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Cryptocurrency investment can be lucrative but risky more so if the exchange in question is not reputable, is porous and illiquid. The post Don’t “Store” Your Life Savings in Cryptocurrency exchanges appeared first on Ethereum World News.
2019-7-23 16:00 | |
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Mike and Karen Taylor, an elderly couple in Melbourne, Australia have revealed how they were duped 900,000 AUD ($633k) of their retirement savings. According to the duo, they had invested their life savings in a cryptocurrency trading website that looked legit but later turned out to be a scam in disguise.
2019-7-21 22:53 | |
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By CCN: CipherBlade, a blockchain security research firm, has published the results of a lengthy investigation into the claims of a Coinomi user. How Were the Funds Truly Compromised? Warith Al Maawali contacted CCN and just about every news outlet he could find with the claim that because Coinomi had sent seed phrases to Google for spellchecking, he had lost his entire life savings.
2019-5-24 11:28 | |
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Virtual private networks, or VPNs, are a rock-solid means of protecting your virtual privacy and sensitive information. So, grab a great deal on a reliable VPN provider for life with a subscription to VPN Unlimited.
2019-5-6 16:00 | |
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By CCN: A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1. 6 million in life savings to crypto scammers.
2019-5-4 02:10 | |
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A resident of the self-governing British island, Jersey, has lost their life-savings to a Bitcoin scam. Scammers hoodwinked the victim over an 18-month period leading him on to eventually hand over his mpany was offering legitimate Bitcoin investments.
2019-5-3 16:09 | |
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By CCN: Retirement is meant to be spent with family, enjoying life, pursuing passions, and seeking more profound connections with friends and loved ones. Shockingly, three-fourths of Americans are ill-equipped for retirement, with the average American couple having squirreled away roughly $5,000.
2019-4-19 19:59 | |
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A new act passed in France on Thursday, to use Bitcoin for insurance savings funds. The new ‘Pact Act’ also affects existing FBCIs according to sources. The question many people are asking is, will this new act have a positive or negative effect on insurance claimers? I’ll clarify for you; Bitcoin is in the process […]
2019-4-12 18:06 | |
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A crypto investor is crying foul after he allegedly lost $70,000 worth of his cryptocurrencies. The investor had stored the cryptos in his Coinomi wallet. According to him, the firm was either negligent in its role, or it actively worked to steal from him.
2019-2-28 21:51 | |
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While the cryptocurrency industry is faced with problems of funds loss on exchanges, a Coinomi wallet user has reportedly lost $70,000 worth of cryptocurrency. The user who reported the loss on Reddit claims the theft was due to a vulnerability in the wallet which has probably gone unnoticed or was deliberately put there.
2019-2-27 20:57 | |
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According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet.
2019-2-27 16:31 | |
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Coinomi Wallet wanted to make sure that the user’s seed phrase didn’t contain spelling mistakes. That cost him $70,000
2019-3-27 09:53 | |
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Tong Zhou made a $422,000 mistake by deciding to keep all his life savings on one exchange, and Justin Sun is trying to help him out
2019-3-27 23:02 | |
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In a matter of weeks, the demise of QuadrigaCX, once Canada’s largest Bitcoin exchange, has reached the front pages of mainstream media outlets worldwide. Bloomberg, Reuters, and Fox Business are among the mass of notable outlets that have covered this debacle.
2019-2-11 00:00 | |
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A California-based engineer lost the entirety of his life savings after using QuadrigaCX’s cryptocurrency exchange for remittance. Tong Zou, 30, said in an interview to Bloomberg that he had opened a withdrawal request at QuadrigaCX in October 2018.
2019-2-10 16:50 | |
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Back in 2017, Bitcoin (BTC) and other digital assets were reaching all-time highs and levels that nobody was expecting before. Indeed, individuals were selling objects they had or taking credit to purchase digital currencies.
2019-2-4 18:37 | |
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In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated all their assets and invested their life savings. Most of these investors were subsequently gored by the same bull that had led them and then rekt during the ensuing bear market of 2018.
2019-2-4 22:15 | |
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Криптобиржа Kraken закроет европейским трейдерам доступ к пяти стейблкоинам: Tether (USDT), Tether EURt (EURT), PayPal USD (PYUSD), TrueUSD (TUSD) и TerraClassicUSD (UST).
Криптокошельки, связанные с недавно помилованным создателем Silk Road Россом Ульбрихтом, потеряли $12 млн в результате случайной распродажи мемкоина ROSS по заниженным ценам и падения ликвидности проекта Ross Ulbricht Fund.
Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain’s liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million. This move has…
Umoja announced yBTC, a yield vault token that provides over 20% annual percentage yield on staked Bitcoin. The launch positions yBTC as the highest-yielding product for native Bitcoin, reflecting growing opportunities for BTC holders in DeFi, according to a note…
Ondo Finance, the real-world assets tokenization platform, is preparing for a major unlock of its governance token. According to Tokenomist, Ondo Finance (ONDO) will unlock more than 1.9 billion locked ONDO tokens on January 17, 2025, at 7 PM EST.…
Sonic, the Solana Virtual Machine chain for games and applications on Solana, will unveil its native token SONIC on January 7. On Dec. 31, the Sonic team said the layer-2 chain’s token generation event on Solana (SOL) will have 57%…
$SPORE is making waves in the market, maintaining its impressive upward momentum with no signs of slowing down. Consistent growth, coupled with increasing trading volumes, underscores the bullish trend driving this cryptocurrency to new heights.