Cryptocurrency 

Facebook Warns Libra Currency May Not Hit the Market

The month of July has been one of turmoil and chaos in the crypto sphere, and one of the big reasons behind such a state of affairs was the announcement of the Libra coin, the cryptocurrency that is to be introduced by Facebook (NASDAQ:FB) next year. As soon as it was announced, it sent alarm bell ringing among regulators all across the world. The head of the United States Federal Reserve, Jerome Powell, expressed his skepticism, while the President of the United States, Donald Trump, did the same in a…

Read More
Blockchain 

NYPD Warns of New Bitcoin Scam

When something becomes mainstream, we have to expect that some people will abuse it in some shape or form. In the case of cryptocurrency, we have seen several crypto scams surface over the past two years. The latest is a Bitcoin scam, announced this week by the NYPD. Here’s what we know. Everything We Know About the Latest Bitcoin Scam On Tuesday, April 30, the NYPD warned the masses of an ongoing Bitcoin scam, in which callers are impersonating government officials and requesting payments in Bitcoin. According to the report,…

Read More
Cryptocurrency 

Bitcoin Revolution Scam | Malta Warns of “Get-Rich-Quick” Scam

An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several websites, though only one has been officially named: the-bitcoinrevolution.org. The scheme has been advertised on social media platforms and has used the images of prominent local personalities claiming they have become rich from the crypto investments. Unregistered According…

Read More