Scam

Understanding the Nature of Forex Scams

As the name implies, a scam is a deceptive scheme designed to steal your money. This strategy is not exclusive to any specific industry; it's a real threat even within the trading and financial sectors. Among the numerous scams out there, forex trading scams have gained notoriety. There are many ways these schemes operate, and while the methods may vary, the primary goal remains the same: to rob you of your hard-earned cash. Spotting Scams in an Influencer's Promises One of the most common strategies scammers use includes social media

Web3 Scam Protection Startup Finds 400% More Phishing Websites than Industry Leaders.

Web3 isn’t safe. In 2021, crypto scammers stole $14 billion dollars from unsuspecting users. A solution must be found. To create a democratic financial future of the internet, newcomers and advanced users alike need to feel comfortable with their funds. Delenium, a Web3 scam protection solution, is at the forefront of this effort. By protecting the way Web3 users interact with decentralized applications, Delenium is revolutionizing the security infrastructure of Web3. Like any new and unregulated technology, scammers deploy tactics to unlawfully extract value from users. In blockchain, that value

BNBMatrix: Generate 17% Daily ROI with this Smart Contract

Binance Smart Chain network-based Smart Contract is the rising star in the crypto business. As a matter of fact, it is considered to be a crucial contributor to the blockchain economy. Lately, countless financial opportunities have been coming up for crypto investors and enthusiasts in various forms. DeFi (Decentralized finance) is one such protocol. It has not only provided many users a better alternative to low-interest rates (from conventional investments) but also made it possible for them to trust an unbiased, decentralized platform. In this world of infinite possibilities, Smart

Cryptocurrency News Roundup: Matt Damon Crypto Ad, WWE NFTs, BTC Birthday, Squid Game Crypto Scam

Whether it’s blockchain, cryptocurrencies, or NFTs, we ensure you always know what’s happening in the crypto space. Our mission is to highlight all the most talked-about cryptocurrency news every week, ensuring you don’t miss out on any important information. From companies taking over the NFT space, to bitcoin adoption, and your favorite exchanges making headlines. Everything you need to know about blockchain can be found on Bitcoin Chaser. Let’s take a look at all the cryptocurrency news over the last week, recapped and compiled in an easy-to-digest format, listed below:

The Squid Game Cryptocurrency Scam – What Happened?

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

The cryptocurrency space has been…

The cryptocurrency space has been seeing another boom lately, despite increasing regulatory scrutiny. In fact, according to an industry report by Crypto Parrot, there were 4,908 cryptocurrency launches over the past year. At the time of writing, the crypto-market had around 12,046 cryptos with a cumulative market cap of over $2 trillion. A 68.75% increase! A lot of the recent momentum in the space is the result of institutional investors now seemingly warming up to cryptocurrencies and DeFi. For instance, Fidelity Digital Assets’ 2021 report showed that 84% of U.S.

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

This is driving Dubai’s cryptocurrency market to do ‘fantastically well’

Dubai and the larger UAE have long been touted as rising tech and innovation hubs, providing entry points into Asia and Middle Eastern markets. With exponential developmental growth in the past decades, Dubai is now considered one of the fastest-growing metropolitan areas in the world. It would then not be surprising for some to speculate that the country could also rise up as one of the leaders in the cryptocurrency space. In a recent interview, Bittrex Global CEO Stephen Stonberg opined that Dubai is well-poised to capitalize from the growing cryptocurrency

Turkey: This Dogecoin mining scam may have duped investors to the tune of $119M

The crypto-community has long been plagued by scams and frauds. Especially since people have often come up with ingenious ways to rip users off their crypto-holdings. A recent example from Turkey is a case in point. According to Turkish media reports, a scam involving Dogecoin has allegedly amassed fraudsters $119 million in deposits. Local channel TV100 broke the news earlier this week, revealing that the fraudster, “Turgut V,” is now on the run with all the funds. Along with his 11 associates, “Turgut” apparently tricked about 1,500 Turkish citizens into

Our communications about the data breach and the phishing attempts

12/21/2020 | Blog posts, Security Since we discovered the data breach in July we have been as open and transparent as possible and proactive in our communications to our customers. We sent an email to our whole database, approximately 1M people on July 29th, yet only 40% opened this security notice. The same day we communicated openly and proactively to the media: The Block, Decrypt, Capital…  on social media (Twitter, Reddit and Facebook).  This data breach led to aggressive phishing attacks against our clients. We communicated heavily about it. First,