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Monday, October 25, 2021
Twitter co-founder Jack Dorsey has thrown his weight behind the future of Bitcoin has he backed the importance of the cryptocurrency. “Bitcoin changes absolutely everything,” Dorsey said yesterday at the Bitcoin 2021 Conference. “I don’t think there is anything more important in my lifetime to work on.” He added that, “if......
Scams are running rampant in the cryptocurrency markets as a huge rally in bitcoin, a lack of regulation and the anonymity of digital money have created a ripe environment for fraudsters.Consumers reported losing nearly $82 million to crypto scams during the fourth quarter of 2020 and first quarter of......
HONOLULU (KHON2) — The summer travel season is heating up and everyone is looking for a good deal, whether it is a plane ticket, rental car or place to stay. Officials are saying beware before booking, however. This comes as a year-long vacation rental scam that stretches from Oahu to......
A new Hermes delivery text scam is circulating as it targets the increasing numbers of people working or staying at home during the pandemic. With the big rise in home shopping during the lockdown, many of us have parcels on the way to our front doors. And......
Now, a long-running Ponzi scheme requires a narrative — and the narrative is where crypto really excels.First, crypto boosters are very good at technobabble — using arcane terminology to convince themselves and others that they’re offering a revolutionary new technology, even though blockchain is actually pretty elderly by infotech......
Australians lost a whopping $851m to scams in 2020, according to the Australian Competition and Consumer Commission’s latest Targeting Scams report. It’s a record-breaking amount, as fraudsters capitalised on the pandemic and preyed on isolated and vulnerable people.Phones appear to remain the most common way scammers were contacting people,......
CRYPTOCURRENCIES 'A FARCE' Cryptocurrencies such as Bitcoin are a "farce" and a symptom of bubbles forming in financial markets, Amundi chief investment officer Pascal Blanque said on Thursday. Bitcoin, trading at around $39,364, fell 35% last month after China doubled down on efforts to prevent speculative and financial risks b...
According to a mid-2021 report from the call blocking service, text message scams now outnumber phone scams. Robokiller.. Text is the most common type of scam since August 2020. VERIFY viewers have sent screenshots of text messages suspected of being an example of fraud. Their screenshots showed a text message......
NORTH CAROLINA — Falling victim to an internet scam is affecting more people in North Carolina every year, with the coronavirus pandemic apparently exacerbating the problem nationwide. In North Carolina, at least 204,000 people fell victim to reported online scams in 2020, a 19 percent increase from the more......
Chris Ratcliffe/Bloomberg via Getty ImagesBitcoin had a solid start to 2021, hitting an all-time high of nearly $65,000 in April. But the digital coin closed out the first half of the year down about 47% from its record — and a number of looming risks could result in further......
Singaporeans love a good deal and will not pass up on discounts especially when they involve food. However, those craving for crabs should beware of a scam offering two crabs for $9.99 that's recently circulating on TikTok. TikTok user Melissawix said she almost fell for the scam, and posted a video......