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Op-ed: Initiative Q is pointless because it’s not cryptocurrency

Bitcoin and Ethereum are both underutilising their networks

Initiative Q is not the following bitcoin. It’s someplace between DigiCash and monopoly cash. Initiative Q has been experiencing viral enlargement due to its social media invite-only gadget. It objectives to be a virtual foreign money whose price grows through the years very similar to a pyramid scheme, the place …

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Oyster Protocol (PRL) founder exit scams with contract backdoor

Call of Duty, SWAT groups, Augur and $3m of stolen cryptocurrency

So lengthy and thank you for the entire fishiness. Oyster Protocol used to be, and perhaps nonetheless is, designed to resolve the present drawback with web sites dropping income to adblockers. It used to be, and perhaps nonetheless is, meant to serve as as a substitute income supply for web …

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YoBit crypto exchange pledges to pump coins at random

Cryptocurrency markets and news round-up 2 October 2018

Well. Alrighty then. YoBit, a Russian cryptocurrency exchange, has in the past been within the highlight for allegedly listing and selling coins that it doesn’t own, and peculiar value process. It’s now pledged to transparently foster that peculiar value process through pumping random coins by itself exchange. So that is …

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Exit rip-off? Venezuela’s Petro remains a mirage

Exit rip-off? Venezuela's Petro remains a mirage

The Petro has but to make any actual look, at the same time as Venezuela’s crypto company begins disappearing. There’s no signal of the Venezuelan Petro nor the oil that is supposed to be backing it, Reuters says, leaving many to wonder if the arena’s first nationwide cryptocurrency and primary …

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New analysis refreshes cryptocurrency wash trading allegations

Bittrex exchange teams to offer alternative blockchain-based digital securities trading

Even whilst being accurately cautious of the technique, there are some hard-to-ignore effects. A new report from the Blockchain Transparency Institute (BTI) has highlighted outdated discrepancies in a brand new method. Wash trading allegations are not anything new in cryptocurrency, with analysis from trader Silvain Ribes up to now uncovering …

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Businessman sells €2m of bitcoin for wads of badly-forged cash

Businessman sells €2m of bitcoin for wads of badly-forged cash

This ridiculous rip-off is nobody’s best hour. A virtual suitcase complete of bitcoin in trade for a bodily suitcase complete of cash. What may pass incorrect? A South Korean businessman with a Singapore-based cryptocurrency company were given an uncongenial surprise when a shady deal – 2 million euros (about US$2.3m) …

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Cybercriminals steal millions using fake ICOs to lure crypto sufferers: Kaspersky

Cybercriminals steal millions using fake ICOs to lure crypto sufferers: Kaspersky

The main cryptocurrency to pilfer is Ethereum’s token, given the expanding selection of coin choices. Global cybersecurity corporate Kaspersky has launched findings from its newest quarterly record, conceding that in spite of fighting tens of hundreds of phishing assaults, crypto bandits made away with millions final quarter. Kaspersky’s Spam and …

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Researchers discover evasive crypto “giveaway” scam on Twitter

Researchers discover evasive crypto "giveaway" scam on Twitter

The scam used to be made up of a minimum of 15,000 bots, used to unfold a hyperlink to a faux cryptocurrency handout. A group of researchers have uncovered an intricate botnet scam working on social media platform Twitter. Duo Security researchers known the scam by way of analysing a …

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WSJ: At least $825m of crypto pump and dump schemes in 6 months

Bitcoin and cryptocurrency round-up 18 July 2018

The Wall Street Journal has discovered loads of teams, cash and thousands and thousands of bucks concerned in the rip-off. Analysis from the Wall Street Journal (WSJ)has recognized at least $825 million of cryptocurrency pump and dump buying and selling process during the last six months, from 175 other pump …

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Cryptocurrency mining firm CEO bails out with $35 million

What you need to know today

Sky Mining CEO Le Minh Tam has disappeared with $35 million. He apologises for any inconvenience. Le Minh Tam, CEO of Vietnamese crypto firm Sky Mining, has parachuted out with $35 million, local news reports. He’s believed to have long past to the US, which does not have an extradition …

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