crypto scams

Coinbase Security Team Shares Tips to Avoid Crypto related Phishing Attacks, SIM Swapping Tactics, and Damaging Security Breaches

December 26, 2020 @ 9:57 pm By Omar Faridi |

Digital asset exchange Coinbase notes that its Security team regularly monitors the safety of its trading platform and customers’ funds. The US-based exchange also keeps a close eye on security threats and “abuse trends” affecting the larger crypto-economy. In December of this year, personal information… Read More

YouTube related Cryptocurrency Scams are on the Rise, Gemini Security Team Reveals

December 24, 2020 @ 4:01 pm By Omar Faridi |

The Security team at Gemini Trust Company, LLC (Gemini), a digital currency exchange and custodian, has revealed that they’ve seen a significant increase in the number of crypto-related scams, as virtual currencies continued to gain popularity over the past year. Gemini Security explains that scams… Read More

Over 300,000 Potentially Fraudulent Sites with Fake Celeb Endorsements Identified by UK’s National Cyber Security Centre, Half were Related to Cryptocurrency

August 15, 2020 @ 12:17 pm By Omar Faridi |

During the past few months, the National Cyber Security Centre (NCSC) reportedly took down more than 300,000 website URLs that were related to fake celebrity-backed or endorsed investments. More than half or 150,000 sites involved potentially fraudulent cryptocurrency investment offers. The NCSC noted on August… Read More

Gibraltar Financial Services Commission Issues Warning Against Fraudulent Cryptocurrency Websites Misleading Investors by Claiming they’re Authorized to Offer Financial Services

June 7, 2020 @ 3:41 pm By Omar Faridi |

On June 5, 2020, the Gibraltar Financial Services Commission (GFSC) issued four separate warning messages regarding fraudulent cryptocurrency-related websites that claim they have been authorized to offer services in the British Overseas Territory. Gibraltar’s authorities noted that the following domains are not licensed by the… Read More

Google Removes 22 Malicious Chrome Browser Extensions Impersonating Widely-Used Cryptocurrency Wallet Providers like Trezor, Ledger, MetaMask

May 11, 2020 @ 8:50 am By Omar Faridi |

Search engine giant Google (NASDAQ:GOOG) has reportedly removed several Chrome browser extensions that were impersonating widely-used cryptocurrency wallet service providers, including popular hardware wallet maker Ledger and MetaMask. This update has come about a month after Google removed around 50 similar extensions, according to a recent… Read More

Exit Scam? Developers of EOS Ecosystem, a Digital Wallet App, Might Have Run Away with $52 Million After Platform Shuts Down

April 21, 2020 @ 9:34 am By Omar Faridi |

EOS Ecosystem, a digital wallet app that claims to offer high returns to users who deposit EOS tokens on its platform, has reportedly shut down its software. The developers of EOS Ecosystem seem to have run away with around $52 million worth of user funds…. Read More