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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 A new report from the Blockchain Transparency Institute (BTI) has highlighted outdated discrepancies in a brand new method.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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78% of ICOs in 2017 were scams, but got only zero.three% of funds raised

78% of ICOs in 2017 were scams, but got only zero.three% of funds raised

Only zero.three% of ICO fundraising is going to scams, relying on how you need to measure it. A brand new record from Satis Group, Cryptoasset Market Coverage Initiation: Network Creation, has recognized 78% of ICOs in 2017 as scams. This was once outlined as “any project that expressed availability of …

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DIRT raises $three million to put truth itself on the blockchain

Hashgraph: How to create a cryptocurrency world

Fundraising however, Dirt may well be a crisis ready to occur. A cryptocurrency platform referred to as DIRT has just raised $3 million in private fundraising from a slew of giant names, together with very popular VC corporations and Coinbase co-founder Fred Ehrsam. Its venture, in an age of pretend …

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Boston College find out about: ICO pump and dumps are the smart option

Is bitcoin over, or will it skyrocket once more?

It’s a sell off or be dumped on international. How must regulators reply to the nature of the beast? There are widely 3 ways to take part in new crypto initiatives. The first is to scrupulously make a selection initiatives that appear to have long run attainable and acquire reasonable …

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