Tuesday, November 12, 2019

Crypto Scam News

30m XRP transferred to a wallet which allegedly belongs to Ripple’s former CEO

Whale Alert recently reported that 30 million XRP worth $7.3 million was transferred from an unknown wallet to Funding Wallet1. Several from the crypto community suspect that the...

Court orders PlexCoin to pay $7 million fine for its illegal ICO

SEC continues to bring down cryptocurrency companies one after another. After SEC's complaint, Court has ordered PlexCoin to pay $4.56 million in fine. According to US...

Lunar Digital CEO accuses Bitmax of running illegal pump and dump scheme

Founder and CEO of Lunar Digital, Han Yoon accused BitMax of indirectly defrauding several IEO projects through pump and dump schemes. In a blog post,...

Tron’s decentralization under question after Binance secures 59% votes to become Super Representative

CEO and founder of Tron, Justin Sun announced that Binance has rocketed to the top of Tron Super Representative by securing more than 12...

UK authorities auction off $300,000 worth crypto seized from Talk Talk hacker

According to a BBC report, The UK's Eastern Region Special Operations Unit auctioned off nearly £240,000 worth of bitcoin and other cryptocurrencies that equals to...

BBC investigates on the run “crypto queen” Ruja Ignatova in a podcast series

Recently BBC aired an investigating documentary about the women behind OneCoin scam. Dr. Ruja Ignatova in 2017 held a series of interviews selling her vision of...

Venezuela’s crypto adoption: Is it the devil in disguise?

The central bank of Venezuela is running internal tests to conclude whether it can hodl Bitcoin and Ethereum in its crate of international reserves....

South Korean company to rate blockchain projects based on technology and business

According to a Seoul Finance report, Blockchain Project Evaluation began its operation on 25th September. The company aims to rate blockchain firms based on various...

Nigeria based crypto wallet pulls of exit scam worth $1 million

Nigeria based cryptocurrency wallet Satowallet has been reported to be in involved in an exit scam worth $1 million. The company was launched back...

ICO dormancy plaguing the crypto industry: Research

The crypto industry is undoubtedly slowing down. The decreased amount of investments, sliding hash rates of crypto coins, people preferring traditional money over cryptocurrencies, and increased level of scams,...

Subscribe for blockchain and bitcoin news