Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

Fraud News

Cryptocurrencies promise a lot of security and privacy for the users, but reality is that cryptocurrency use often creates victims of different types of scams, such as digital theft, hacking, phishing and the major cryptocurrency scam – fraud. These frauds can exist in different forms – promising, but fraudulent, ICO’s that don’t inform their investors about the risks and might not have a physical address; cryptocurrency investment platforms that vanish after gathering enough money; and fraudulent cryptocurrency exchanges that utilize multiple tactics to cheat their users. Blockchain technologies are relatively new and the hype that surrounds them poached a lot of low-skilled investors into the field. This has become such a problem that, according to the latest news on cryptocurrency fraud, Twitter has even banned ICO-ads in order to protect its users from fraudulent schemes.

The Kenyan government is utilizing blockchain to develop an immutable and transparent education management system, issuing academic certificates on a cloud-base...
Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud
Joseph Young
2016-12-22T10:06:00+00:00
1718
US agency that seeks to make payments faster from 2017 concludes: Speeding up banks’ fiat payments poses increased risks of losses while Bitcoin’s equivalent is...
Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear
William Suberg
2016-12-13T10:26:00+00:00
857
Massive security breach puts Indian banking at risk. 3.2 mln debit cards may lose money. It is time to switch to digital currencies.
Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised
Shivdeep Dhaliwal
2016-10-22T16:26:00+01:00
565
Nigel Farage, the former Ukip leader's closest aide George Cottrell is in custody in the US awaiting trial on 21 charges including attempted extortion, money la...
Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation
Niall Maye
2016-08-15T14:19:00+01:00
528
Counterfeiting and brand misrepresentation can be fought using the Blockchain technology in conjunction with other collaborative entities.
Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting
Iyke Aru
2016-04-06T16:00:00+01:00
691
We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the f...
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds
Shivdeep Dhaliwal
2016-04-04T14:35:00+01:00
2556
Bitit launched its in-person Bitcoin programme in over 100,000 worldwide locations. It also hopes to launch its prepaid digital gift cards programme soon.
Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud
Charlie McCombie
2016-03-31T09:00:00+01:00
908
Martin Shkreli, dubbed by media as the “most hated man in the United States”, claims he lost $15 million set aside to buy Kanye West’s latest album, in a Bitcoi...
Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud
Neer Varshney
2016-02-17T11:22:00+00:00
583

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