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FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments

The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency…

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US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media

The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving…

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More Needs to Be Done to Ensure Tanzanians Understand the Risks of Crypto Trading, Says Blockchain Educator

Tanzanians are embracing cryptocurrencies but more work still has to be undertaken in order to reduce the number of scams in the industry, a blockchain educator has said. In much…

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The Canadian Company That Bought $1.5M SHIB Now Vows to Sue Shiba Inu Team

The healthcare services firm “Ask the Doctor” recently added 31 billion Shiba Inu (SHIB) tokens to its balance sheet. However, the company’s support towards the memecoin did not last much.…

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Someone Just Sent $100K Worth of BTC to a Michael Saylor Giveaway Scam Wallet

Impersonation scams are a growing threat in the cryptocurrency community, and a large number of victims continue to fall for them. The latest such example involved MicroStrategy’s CEO, and someone…

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Overall Losses from DeFi Exploits Exceed $12 Billion in 2021: Elliptic Report

According to data provided by the blockchain analysis company – Elliptic – investors have lost $12 billion to criminals targeting decentralized finance platforms since the beginning of 2021. More than…

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