Keep your cryptocurrencies safe with tips on how to avoid scams and fraud.
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The growing popularity of cryptocurrency users worldwide has drawn the attention from malefactors, hence increasing the number and variety of potential cyberattacks. It is important for a crypto wallet user to have at least a basic understanding of the threats and ways to prevent them from occurring.
Pump and Dump is a scheme that leads to very quick and fundamentally unreasonable growth of a cryptocurrency rate, then fall. On traditional exchanges, this practice is illegal and is strictly governed...
Rule first: Avoid any financial activity when using public wifi networks, including cryptocurrency transactions as may lead you to money losses.
This article will help you shed light on what ponzi scheme actually is and how to recognize it in the cryptocurrency world.
Once upon a time there lived a young boy called Bobby. Bobby had some Bitcoins in a custodial wallet. The greedy Custodian kept Bobby’s private keys and controlled all the cryptos the boy earned so hard. One day, The Custodian was relentlessly hacked by frauds who stole Bobby’s Bitcoins. By the time Bobby realized that, the funds were long gone and lost in the dark deep forest of the Blockchain.
Bitcoin dust is such a small amount that there is no point to send it because it's much less than the network fee for the transaction. This feature is used by scammers in order to track users transactions and even reveal their...
ChainLink is what is known as middleware or software that acts as a bridge between an operating system and a database, for instance. ChainLink allows smart contracts on various networks to connect to the resources they need to be successful.
Entering the world of crypto might seem complicated and twisted at first, but as soon as you understand the basics, there is nothing to be afraid of. In this article, we will present you with the most important things you need to know about protecting your wallet through the safe storage of the most private information every crypto enthusiast has: the seed phrase and private keys.
Spam, Scum, or SCAM? There is only one rule in a decentralized world: Never trust, verify and always learn how to Detect Scam. Let’s explore the basic ways to protect yourself against scammers in the crypto industry.
Blockchain-based cryptocurrencies are a subject to the so-called attack of 51%: when more than half of the computing power of a cryptocurrency network is controlled by some organization or group of individuals, it becomes possible to conduct conflicting transactions or malicious harm.
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