Caution: Scammers Can Steal Your Bitcoins Right at Blockchain Conferences
Participants at various Bitcoin and Blockchain conferences have been receiving fraudulent Bitcoin hardware wallets imitating legitimate products like Trezor and Ledger to steal user’s funds. Andrew Desantis, CEO at DeSantis Inc and former 21 Inc technology editor, revealed that participants at the New York Bitcoin conference in 2015 were given free hardware wallets designed specifically to steal user’s funds and Bitcoin. As seen below, the fake hardware wallets did not have proper branding yet many participants who have not come across hardware wallets were convinced they were legitimate....
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Scammers are now mailing hacked ledger devices to Ledger users in a bid to steal crypto from unsuspecting users. An alarmed user made a post on Reddit that they had gotten a Ledger device that they hadn’t purchased. In the package was a poorly worded letter riddled with grammatical errors that explained that due to […]
Blockchain conferences are much different than Bitcoin conferences. Whereas Bitcoin conferences might have been heavy on theoretics about liberating the world’s unbanked, the blockchain conference has a much more generalized focused. Many new participants in the space are uninterested in wildly shaking up the status quo. This has been on display early in the year. In San Francisco, two recent blockchain conferences features some of the most influential financial technologists in the space. The first, hosted by Lighthouse Partners, featured banking names interested in the prospects of....
A group of phishing criminals are on the loose and just stole Seth Green’s hoard of non-fungible tokens. Green disclosed in a tweet on Wednesday that he had fallen victim to phishing scammers who took numerous expensive NFTs from his cryptocurrency wallet. The Hollywood celebrity renowned for movies such as Robot Chicken, The Italian Job, […]
Scammers are using fake crypto apps to steal funds from investors. Some malicious apps find their way into official app stores. Scammers have been taking advantage of blockchain’s decentralized and immutable nature to swindle crypto investors since the advent of the technology.And, according to the latest FBI fraud report, fraudsters are using fake crypto apps to steal money from unsuspecting crypto investors. It highlights that American investors have lost approximately $42.7 million to swindlers through fake apps.The schemes reportedly take advantage of heightened interest in....
What excites the Bitcoin community and additionally expands the Bitcoin usership base? Conferences! This year while Bitcoin conferences abound, Mediabistro will be taking a world tour with conferences kicking off in Berlin, Germany. New York City. Hong Kong, China. London, England; and Las Vegas, Nevada. This past year, Mediabistro put on conferences in New York City and Las Vegas and drew crowds from within and outside of the Bitcoin community. Bitcoin Magazine is proud to serve as a media partner for several of the upcoming conferences. For starters, Berlin serves as one of the lead....