Tag Archives: Scams

Cryptocurrency Thefts and Scams Raked in 300% More Profit Last Year than 2017

Blockchain analytics firm CipherTrace released a report this morning showing that roughly $1.7 billion in cryptocurrency was stolen or scammed over the course of 2018. The amount stolen by hackers alone is staggering: over $950 million. The figure represents an increase of more than 300% from 2017. Continue reading Cryptocurrency Thefts and Scams Raked in 300% More Profit Last Year than 2017

Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Between September and November 2018, a total sum of $78,000 was lost to cryptocurrency scammers in Singapore after they used a series of strategies involving spreading false information about fake investments online to attract investors. Continue reading Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Cryptojacking, Hacks, and Scams: N.Korea Is Ramping up Cyber Attacks

The North Korean government is currently facing a flurry of accusations related to cryptocurrency hacks, cryptojacking attacks, and money laundering. Its regime, which is currently reeling from sanctions imposed by the United States government, is believed to be backing cryptocurrency scams and hacks to obtain badly needed funds. Continue reading Cryptojacking, Hacks, and Scams: N.Korea Is Ramping up Cyber Attacks