According to a report by the US Federal Trade Commission (FTC), more than 46,000 people have been scammed out of US$1 billion-plus since the beginning of 2021. The ‘Data Spotlight’ report says almost half of those scams began with some sort of post on a social media platform. More than 46,000 people have lost more…
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With DeFi becoming accepted by the mainstream, IDOs (Initial Decentralized Exchange Offerings) grow in tow. With that being said, researching a token and the project behind it in-depth and ensuring its safety is a stressful endeavor at the best of times. Many are wary of participating in token sales With fraudulent tokens and crypto-related scams…
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19$ Fortnite NFT, Who Wants It? Somebody made a Fortnite-themed cryptocurrency, and officials over at Epic Games are having none of it. “Fortnite Token” launched a while ago, but didn’t rise to prominence until it got a mention from Tim Sweeney, founder and CEO of Epic Games. There’s a common saying that there’s no such…
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BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome. 1122 Total views 4 Total shares Bitcoin’s (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June 6 reversal at this point triggered…
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On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been…
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