Tuesday Mar 28, 2023

Scams and frauds with cryptocurrencies

Cryptocurrency criminality is, unfortunately, on the rise. There are many scams and frauds with cryptocurrencies. Scams involving cryptocurrency include: Phony websites: Scam sites with fake testimonials and crypto jargon that promise huge, guaranteed profits if you keep investing. Virtual Ponzi schemes: Cryptocurrency thieves offer fictitious opportunities to invest in digital currencies and create the illusion […]

What is a cryptocurrency and how does it work?

The meaning and definition of cryptocurrency Cryptocurrency, sometimes known as crypto-currency or crypto, is any type of digital or virtual currency that employs encryption to safeguard transactions. Cryptocurrencies operate without a central issuing or regulating body, instead of relying on a decentralized system to track transactions and create new units. What exactly is a cryptocurrency? […]

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