NFTs continue to surge with what looks to be no end in sight. Since January 14, 2022 OpenSea notched trading volumes over $1.03 billion, and its latest rival, LooksRare, has eclipsed the platform according to data from DappRadar. Top 8 NFT marketplaces by volume. Source: DappRadar What’s clear is that NFT collectors and traders appear to be shifting their sentiment on where … [Read more...] about 3 airdrops, with 1 scam
SCAM
Pakistan’s Investigation Agency Contacts Binance About $100M Scam
The reported range of investment was $100 to $80,000, with an estimated average of $2,000 per person, taking the total amount of the scam to nearly $100 million. The apps were identified as MCX, HFC, HTFOX, FXCOPY, OKIMINI, BB001, AVG86C, BX66, UG, TASKTOK and 91fp. Source link … [Read more...] about Pakistan’s Investigation Agency Contacts Binance About $100M Scam
Pakistan to investigate Binance for multi-million dollar crypto scam
Pakistan's Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam in the region. The government of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance … [Read more...] about Pakistan to investigate Binance for multi-million dollar crypto scam
What is a honeypot crypto scam and how to spot it?
What is a crypto honeypot and why is it used?Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been targeted by hackers in recent years. However, a new trend appears to be … [Read more...] about What is a honeypot crypto scam and how to spot it?
Crying Wolf? Why You Can’t Ignore Crypto Scam Claims
That's all well and good for the Wild West of crypto, but in civil society, the word "scam" implies an intent to deceive. Calling someone a scammer can damage that person's reputation (unless, of course, the charge is leveled so often, at so many people, that no one gives it much weight anymore). Without solid evidence, the label is potentially defamatory. Source link … [Read more...] about Crying Wolf? Why You Can’t Ignore Crypto Scam Claims