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Common Crypto Scams and How To Avoid Them

The cryptocurrency space possesses two qualities that make it the ideal environment for scams. Firstly, there is no shortage of legitimate anecdotes about people who have enjoyed immense wealth courtesy of early digital currency investments. The proliferation of such tales provides the perfect backdrop for a “get rich quick” scheme. Secondly, since the technology is incredibly tough for the la

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Can Steven Seagal’s Celebrity Power Help Fund B-Rated ICO?

Action star and martial arts master Steven Seagal’s latest role has him playing the part of cryptocurrency spokesman but, can his combination of Hollywood magic and Akito moves save this lost cause?Can This Ageing Action Star Kickstart Bitcoiins SuccessSteven Seagal has weathered over three decades in one of the toughest business there is by sticking to a formula; save the girl, beat the ba

Pewdiepie Pokes Fun at Youtubers Who Shilled Bitconnect

News Pewdiepie may be late to the Bitconnect bashing party, but he’s made up for it in a searing 15-minute sketch. “Finally I can quit making Youtube videos, this is the answer BITCONEEEEEECT!” the world’s most popular Youtuber cries to his 60 million subscribers. In “How I Made My Millions! (and so can you)”, Pewdiepie also takes aim at

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

Op-Ed Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan. It’s an indisputable fact that if the cryptocurrency space were cleansed of scammers, the web would be a better

CFTC Offers $100,000 Bounty to Crypto Pump-and-Dump Whistleblowers

Featured The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers coming forward in exposing “pump-and-dump” schemes. “Customers should not purchase virtual currencies, digital coins,” the CFTC warned, “or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currenc

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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident doing one’s research is always the best cours

Cryptocurrency Trader Sues T-Mobile for Giving Hackers Control of His Account

Security Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their holdings do so as well. In a recent federal court case, a T-Mobile client claims that the co

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T-Mobile Faces Federal Lawsuit After Hackers Steal User’s Cryptocurrencies

This past Sunday Carlos Tapang, a T-Mobile USA Inc. customer, filed a suit in federal court against the company, alleging lax security measures made it possible for hackers to access his wireless account and steal the cryptocurrency from his mobile wallet —  tens of thousands of dollars worth.Tapang, of Washington state, accuses T-Mobile of having “improperly allowed wrongdoers to access

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SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and th

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DavorCoin: Texas State Securities Board Issues Fourth Emergency Cease-And-Desist

Texas’ securities agency has issued another cryptocurrency related emergency cease-and-desist order, this time against DavorCoin. In the latest filing, signed late last week, the Texas State Securities Board (TSSB) alleges the company has been issuing unregistered securities with fraudulent and misleading information designed to lure and dupe investors.What happened? DavorCoin launched a le

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