Glow Token Founder Falls Victim To Scam and Sues Crypto.com Are you surprised to see some scams? You think what you are doing, that is legit. You discover later that's a scam. Glow Token founder Bryan Lawrence lost over $250,000 and one Bitcoin falling for a scam Now he is selling his home to continue the legal battle. Bryan Lawrence wanted to list Glow Token FLARE to the crypto exchange crypto.com. He was in touch with individuals who claimed to be crypto.com employees.…
Is Thailand Going To Take Action Against Facebook? You may notice that crypto scams and frauds are on the rise on social media. Now if crypto scams and fraudulent ads show up on social media, that is bad news. Thailand plans to seek a court order to shut down Facebook if the company does not take action against fraud and crypto scam ads. Many people see fake investment and crypto trading scam ads. Maybe you ignore the ads that appear on your feeds but when you see it…
Are Criminal Actors More Active In Using Google Ads To Scam? When you see Google ads, how do you feel? It pops up when you search for something on Google or visit any website that is monetized by Google ads. It feels harmless to click the ads, but I don't think you feel the same way now when you see bad actors use Google ads to lure potential victims. Recently the founder of the DeFi data aggregator platform DeFiLlama reported the scam on ads. Criminal actors gave Google ads…
Magnate Finance on Base Rug Pulls $6.4 Million People are talking about Coinbase's Base these days. They like to get involved in crypto projects on Base and make investments. It looks like criminal actors are more active over there and keep scamming and rug-pulling the crypto project. Investors are getting rekt and have negative experiences. Magnate Finance is a borrowing and lending platform on the Base Layer 2 protocol. Unfortunately, it pulled an exit scam and ran away…
Binance Removes Sanctioned Russian Banks From P2P Services The largest crypto exchange Binance removed sanctioned Russian banks from payment methods of its P2P services. So what happened recently? When the Wall Street Journal reported about facilitating sanctioned Russian banks as payment methods in the Binance P2P marketplace, that was concerning. After this report, the crypto exchange was highly criticized for listing sanctioned Russian banks like Tinkoff and Rosbank as…
OKX and Bybit Removing Sanctioned Russian Banks From P2P Transactions Following the largest crypto exchange Binance, crypto exchanges OKX and Bybit have also removed sanctioned Russian banks as payment methods from their P2P marketplace. P2P trading is a great feature that users get in the crypto exchange. You can buy crypto with fiat and sell crypto to get fiat currency in your bank account. Frankly speaking, it is very easy and convenient to use the P2P marketplace to make…
How Can You Avoid Revenge Trading? People do trading to make money. When you take an entry and see the price movement, you are excited when the price goes up and you might get worried when the price falls. When you do revenge trading after a big loss, you are driven by emotions. You may end up with more losses that can make your trading capital zero. You do not want this to happen, but your actions lead you there. So how can you avoid revenge trading? Stick to your trading…
Your Data, Their Business: The Consequences of Data Sharing How much time do you spend online? If you lose your smartphone somehow, you feel that every moment until you get another phone. We all use social media, apps, and websites, and love to share what we are up to on apps and social media. You give a lot of information willingly. You think it's nothing, that's how we live in today's digital world. Your data can be used in different ways. You are leaving your digital…
Why Do People Say Goodbye To Cryptocurrency? You see the excitement and hype in the crypto market. Everyone talks about cryptocurrency and how they are going to make a lot of money. People talk about their investments in crypto and how much money they are making. Then something happens and you do not hear any noise. You are wondering how those people disappear. Do they say goodbye to cryptocurrency? In the beginning, people are very excited and make some money. And then the…
How Do You Draw the Relationship Between Crypto and Central Regulatory Authority? You want to live your life and enjoy freedom. When you are grown up, you realize there are different restrictions and you have to go through them. Whether that's fair or not, that's another question. Do you feel something pulls you back? You found crypto and realize what crypto offers to change a lot of things in your life. That's great and you are very excited about it. You see a huge…
The Collapse Of Lending Platforms Makes Think Again Before Lending Crypto When you have a good time, you may not realize what you have to go through in a challenging situation. Lending and borrowing crypto is a great idea. You just leave crypto in your wallet. You can get interest if you lend your crypto. You need money. You can keep your crypto assets as collateral and borrow money. You are not selling your crypto and you will get it back after repaying the loan. In a…
Don't Fall For Crypto Scam on YouTube To watch any video, you usually go to YouTube. You will get all kinds of videos over there. But bad actors are also there to make people fall into their traps. People lost their money getting involved in scam crypto projects. Scammers and fraudsters present everything in such a way that is pretty convincing. They give such an offer that is hard to resist. People think that if they just invest small, they will not lose a lot of money. In…
Have You Ever Faced Any Problem During P2P Transfer In Crypto? If you invest your fiat currency in crypto, you need to convert that into cryptocurrency first. Many people use P2P transfer to convert fiat currency into crypto and vice-versa. People deal with different problems and become victims of fraud sometimes. I read a news where someone lost money in a P2P transfer and his bank account was frozen. He used the Binance P2P service to sell cryptocurrency and received fiat…
Will You Stop Going To University and Focus On Making Money Online? You see people going to school, college, and then university, getting educated first and doing a job to make money. You have plenty of opportunities these days. You can build your online career and make money online. So will you stop going to university and focus on your online career only? This question may come to your mind to see success in making money online. You make a lot of money now. Probably you…
Think Again Before Quitting Your Job To Make Money Doing Something On Your Own Do you like your job? Some people say yes, they love their jobs. Most people may say they hate their jobs. They want to quit their jobs and get out of the situation. Doing a business or doing something else to make money seems better. You should think twice before quitting your job. It is very important to point out the actual reasons before making your move to change your career. You have a lot…
Why Is It Difficult To HODL Crypto? You buy crypto and hold it. It can be your long-term strategy. HODLing is supposed to be easy. There is no complication in the system. Then why is it difficult to HODL cryptocurrency? If it is so cold outside, you may not feel how cold it is unless you go outside. Staying at home, it is easy to see anything, but when you go outside, you feel the cold. You realize how tough it is being outside. Likewise, it seems easy to buy, and HODL…
How To Protect Yourself Online and Ensure Crypto Assets Safety What do you do online? Maybe you get information and news, watch videos, communicate with others and get in touch with your friends and family. Now there is a huge shift online and everything moves toward Web 3.0. The internet is not only for information but also for transactions. You can make financial transactions online and hold your crypto assets. We are so involved online, we have to take online safety and…
Are You Saving Enough To Ensure A Stable Financial Future? Do you save money? If you do not have enough savings, you may not make money work for you. You cannot ignore how important it is to save money to make a change in your finances. In order to make a change in your finances, you need to take the first step of saving money. Is there any obstacle people face while saving? Let's talk about that. Most people say that they do not have enough money to save. That's the reason…
How To Transform Your Finances Through Effective Saving Strategies When it comes to securing your financial stability, you have to start from somewhere. You know you can do a lot of things with money, but the problem is, you do not have savings. Are you saving money? If the answer is no, it will not help secure a stable financial future. You earn money and spend all of your money. When you start making more money, that's great. But if it does not impact your savings…
Why Are You So Focused On Crypto To Make Money? You can do different things online to make money. You can work as a freelancer, sell your own products, create a course, do blogging, and affiliate marketing. The list goes on and on. What skills you have, you can use that to make money online. If you are a content creator, you can create content to earn money and make a living. Many people are doing that. You can create videos on YouTube and Facebook, monetize them via ads,…
Are You Becoming A Victim Of Scams To Make Money Online? You want to make money online, and it is mentioned that you need to pay to register first and then you will get different jobs. Later you know that's a scam site. And when you realize that, you have already lost some money. Maybe you are very busy. Passive income opportunities can appeal to you. People may fall for scams when they choose to do something to make money online. Crypto is very popular these days and some…
When Do You Make More Money In Trading? Do you always make money in trading? If you are asked when you make more money in trading, the answer can be different. Everyone has their preference and strategy in trading whether they trade in the crypto, commodity, or stock market. Many people make more money in an uptrend market. You take entry and buy at a specific point, since the market is going up and you are following the trend, the chance of making a profit is high. There…
Send Crypto Anywhere Any Time At The Lowest Cost Do you have friends and relatives in foreign countries? They send money to their relatives and family. They usually use the traditional banking system to send and receive money. You have to pay transactions free as well as other fees associated with them. It seems small what you pay as fees. Have you ever calculated how much money you pay in a year as fees to send or receive money from abroad? You will be surprised because…
Do You Borrow Money To Invest In Crypto? The crypto price goes up quickly. If you buy before rising the price, there is a chance to make a huge profit. It seems easy to see how much profit you would make if you buy at the right moment, but taking entry at the moment is not easy. You may think that's the bottom of the market, so you buy crypto. The crypto price drops further which proves that you are wrong. You think if you catch the bottom of the market, and make more…
Is Binance Going To Cease BUSD Support? Do you hold BUSD? Or, maybe you use BUSD to do crypto trading? Crypto exchange Binance is going to cease Binance USD (BUSD) support. It will keep supporting crypto assets and other stablecoins in its exchange. Binance advised users to convert their BUSD stablecoin into other digital assets before February 2024. I used to use BUSD to do trading at some point, but not anymore. You can check out your BUSD balance in case anything is still…
Crypto YouTuber Revealed Private Key Accidentally and Lost Crypto Assets You hold cryptocurrency in a self-custody wallet. You are the owner of crypto assets that you hold and you have absolute control over it. That's the power and freedom you get in crypto. People lose their cryptocurrency if their private key is compromised or they reveal it accidentally. Brazilian crypto YouTuber Ivan Bianco made a mistake by accidentally displaying the private key of his wallet while…
Crypto Scammers Target MetaMask Users Using Government Websites If you are in crypto, probably you use a MetaMask wallet. It is the most popular Ethereum-based crypto wallet. Recently crypto scammers have targeted crypto investors specifically those who use Metamask wallet. Criminal actors use government website URLs to redirect to their phishing websites. When you visit a government website, you usually have more trust in it. You click any link on the site and it sends you…
British Woman Lost Almost $200,000 Becoming A Victim Of Crypto Scam A British woman wanted to invest in crypto, but unfortunately lost her life savings of around $200,000. It is totally unexpected when you lose your life savings. If you invest some money in crypto and lose that, you can accept it. But losing your life savings is something that is difficult to handle. You do not intend to invest everything in crypto, but trusting someone and giving access to your device can…
Crypto Whale Lost $24 Million In Phishing Attack If small crypto investors fall for scams, the loss usually will not be huge. But when scammers target crypto whales to launch phishing attacks and they fall for it, the loss of crypto assets is huge. A crypto whale became a victim and lost $24 million worth of stETH and rETH in a phishing attack. According to the Web3 security firm Scam Sniffer's investigation, the victim granted the token approval by authorizing…
Is Lazarus Group Behind The Hack Of $41 Million From Stake? Crypto gambling platform Stake was hacked and lost $41 million worth of cryptocurrency recently. This gambling platform offers sports betting and casino games. Stake halted deposits and withdrawals from the platform after this hack. Later they resumed withdrawals and deposits to keep running the operation. Hackers exploited and drained 41$ worth of crypto from the platform's hot wallets. So who is behind this hack?…
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