Crypto Option

Digital Coin Digest

  • Home
  • News
  • Crypto CFD Trader
  • Trading Signals
  • Exchanges
  • Brokers
  • Blockchain
  • More
    • Guides
    • Mining
    • Opinion
    • Gaming
    • Press Release
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • EspañolEspañol
    • РусскийРусский
    • ItalianoItaliano
    • PolskiPolski
    • 日本語日本語
  • ✉ Contact

Cryptocurrency Scams

What is Mirror Trading and How Does It Work in Crypto?

Aaron Rodriguez | May 4, 2023 | Leave a comment
Crypto traders face lots of risks and challenges when starting their crypto trading journey. This is primarily because crypto trading strategies are very risky, and the chances of traders suffering from loss are significantly high. To decrease the risk...
Read More...

Voyager Sells $56M in Crypto

Daniel Sharkey | March 10, 2023 | Leave a comment
Voyager Digital Ltd., a crypto brokerage firm, had liquidated around fifty-six million dollars’ worth of Shiba Inu, ETH, and other ERC-20 tokens. This report came after the company faced technical issues with its trading platform that resulted in many...
Read More...

Kraken Launches its Bank

Daniel Sharkey | March 6, 2023 | Leave a comment
Kraken, a cryptocurrency exchange, is planning to launch a bank in the United States despite the challenging regulatory environment faced by the industry. Kraken’s chief legal officer, Marco Santori, confirmed this during an interview on The Scoop podcast. The...
Read More...

Tornado Cash: Risks and Consequences for DeFi Security

Daniel Sharkey | February 27, 2023 | Leave a comment
How Lendhub Network Malicious Actors Laundered $3.85M Filipinos Alerted About Cryptocurrency scams How Lendhub Network Malicious Actors Laundered $3.85M The persons thought to be behind the world’s biggest scam in early January 2023, valued at several million dollars, reportedly...
Read More...

How Investors Can Navigate Increasing Regulatory Pressure

Daniel Sharkey | February 23, 2023 | Leave a comment
Last year has been a year of negative criticism and scandalous topics that has made the virtual asset industry attract attention from many federal agencies worldwide. Events include the collapse of major exchanges like FTX, the inside exchange scandals...
Read More...

Will Crypto Ever Redeem Itself?

Daniel Sharkey | February 21, 2023 | Leave a comment
With professional and organizational investors focusing on and the growing numbers of enterprises getting ready to allow across-the-border payments, it would seem that virtual assets are accessible in the financial mainstream, although still in a state of unpredictability. Interestingly,...
Read More...

The Impact of Cryptocurrency Companies on Disaster Relief: Helping Earthquake-Affected Regions

Daniel Sharkey | February 15, 2023 | Leave a comment
Cryptocurrency companies have been at the forefront of promoting areas that are disaster stricken through financial aid and many other forms. For instance, they may create a donation system where users can give cryptocurrency to a particular group or...
Read More...

How SEC Could Profit from Ripple’s Reimbursement

Daniel Sharkey | February 11, 2023 | Leave a comment
Following news of Kraken’s reimbursement with the Securities and Exchange Commission, an XRP proponent has announced what Sec stands to achieve if it resolves with Ripple. In December 2020, the Securities and Exchange Commission indicted Ripple and two of...
Read More...

SALT: Crypto Lender Makes a Comeback with Millions in Funding

Daniel Sharkey | February 9, 2023 | Leave a comment
The virtual digital asset lender held withdrawals in November and will recommence activities in Q1 this year, sustained by a Series A reinvestment. Unfortunately, the cryptocurrency winter and the collapse of FTX have tampered with the ranks of virtual...
Read More...

The Crypto Market Maintains an Upside Stance – Market Outlook

James Dodson | January 11, 2023 | Leave a comment
According to the crypto news updates, Bitcoin, the leading global cryptocurrency, had an unpleasant year in the past as its prices crashed by more than 75% from its lead. Nonetheless, current information indicates an improvement in the Bitcoin price....
Read More...

U.S Authorities Investigate Digital Currency Group Over Internal Transfers

James Dodson | January 7, 2023 | Leave a comment
Liquidity problems forced Genesis to halt all withdrawals related to parent firm DCP in December. That saw United States authorities launching investigations into the firm’s internal monetary dealings. United States authorities kick-started an investigation into Digital Currency Group’s internal...
Read More...

Mask off: Truth behind FTX Billions

James Dodson | January 2, 2023 | Leave a comment
FTX co-founder Mr. Bankman Fried, through a tweet today, denied all allegations of moving funds from Alameda Research, claiming that he had no involvement in moving funds from these research wallets. Further, he stated that he had no affiliations...
Read More...

What is a Flash Loan Attack and How to Avoid It?

Aaron Rodriguez | December 31, 2022 | Leave a comment
Introduction The permeation of DeFi has started to gain more traction with every passing second. TradeFi is plagued with issues on account of economic setbacks such as increasing interest rates, money supply, social restrictions, and approaching recession. Therefore, more...
Read More...

Hope for FTX Users After the Seizure of $3.5 Billion

James Dodson | December 31, 2022 | Leave a comment
According to a press release, the Bahamas security commission reports that worth 3.5 billion dollars of user funds have been frozen. Following this news, FTX Chief Executive Officer Mr. Bankman Fried announced that the exchange is receiving attacks. However,...
Read More...

BNB Chain Ends 2022 as Second Most Preferred Network for DeFi Projects

James Dodson | December 30, 2022 | Leave a comment
BNB Chain boasts the 2nd largest total value locked after ETH. 12% OF BNB Chain-house tokens are scam coins. The blockchain awaits a hardfork update in the coming year, planning to incorporate staking onto Beacon Chain. BNB Chain’s $4.05...
Read More...

FTX Users File a Petition to Claim Frozen Assets

James Dodson | December 29, 2022 | Leave a comment
A collection of consumers are currently suing FTX to become the pioneers in recovering assets from the cryptocurrency exchange. The petition filed wants the courts to realize that the holdings with the exchange platform belong to the users and...
Read More...

Crypto Giants Gather Steady Returns Amid Crypto Turmoil

James Dodson | December 24, 2022 | Leave a comment
Binance, an investment member of crypto trading, allegedly made a significant return on investment, elevating it to as high as 2,100 %. Total assets under investment accumulating to 7.5 billion dollars. Binance also assured its consumers a stable and...
Read More...

Binance CEO Says Abnormal Altcoin Trading on the Platform was Just Market Behavior

James Dodson | December 12, 2022 | Leave a comment
The world’s largest crypto exchange, Binance, issued a notice yesterday acknowledging reports that some altcoins traded abnormally on the platform. The centralized exchange reported that investigations were underway and it would take appropriate actions against suspicious accounts. Binance CEO...
Read More...

Congressman Calls for Investigation Into SEC Chairman’s Role in FTX Fall

James Dodson | December 8, 2022 | Leave a comment
A Democratic congressman, Ritchie Torres, called upon the Government Accountability Office(GAO) to independently investigate the Security and Exchange Commission’s failure to prevent the downfall of FTX. In a letter sent on Wednesday, Torres asks GAO to review the SEC’S...
Read More...

Huobi Cannot Retrieve a Total Of $13.2 Million In Client Assets From FTX

Kavon Hyatt | November 18, 2022 | Leave a comment
Huobi has acknowledged that the FTX saga has had an impact on it as well. They informed the public that they could not get $18.1 million back from FTX. Of this sum, customers are responsible for $13.2 million, and...
Read More...

Approval Has Been Granted in Singapore for Both Circle and Paxos

Kavon Hyatt | November 3, 2022 | Leave a comment
Circle and Paxos, two stablecoin issuers, have each been given license clearance in Singapore. In addition, the central bank of Singapore, known as the Monetary Authority of Singapore (MAS), gave its approval. Circle’s application for a license to operate...
Read More...

White Hat Hacker Returns Over 50% Off Stolen Funds

Kavon Hyatt | October 31, 2022 | Leave a comment
A SlowMist report has revealed that over $7 million has been returned from an attack on the DeFi platform, Team Finance, in late October. The hacker who stole $14.5 million from Team Finance began returning the stolen assets to...
Read More...

Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment
The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...
Read More...

Developers Of the Cosmos Ecosystem Uncovers a Dangerous Vulnerability

Kavon Hyatt | October 17, 2022 | Leave a comment
Ethan Buchman claims that the severe security weakness places all IBC-enabled blockchains in danger. As one of Cosmos’ co-founders, Ethan Buchman assisted in its founding.  A Critical Weakness/Vulnerability Those working on the Cosmos blockchain project have discovered a significant...
Read More...

Kyber Network Neutralizes Hack Attack, Indemnifies Victimized Wallets

Kavon Hyatt | September 7, 2022 | Leave a comment
Kyber Network, a decentralized bourse platform, suffered a hack from an unidentified source last week. The team at Kyber was able to eliminate the threat in two hours. The wallet that got hacked during the hit got reimbursed.  Kyber...
Read More...

Pakistan is Investigating Binance for a Mega Dollars Cryptocurrency Scam

George Wisneski | January 10, 2022 | Leave a comment
The Pakistani government has launched a corruption probe after receiving several complaints about a recurring scam that involves deceiving rich donors into transmitting resources from Binance funds to unknown external addresses. Pakistan’s National Accountability Service is said to have...
Read More...

Posts navigation

← Older posts

Must Read:

Revolutionizing Crypto Trading Through Artificial Intelligence

Revolutionizing Crypto Trading Through Artificial Intelligence

AI Trading Robot

Recent Posts

  • FinFinity Invest Complete Review – Is finfinityinvest.com a Recommended Crypto Broker?
  • BTCcrest Review – Is Btccrest.com a Recommended Crypto Broker?
  • What Is Dogecoin? All You Need To Know
  • What is Crypto Mining? A Complete Guide for Beginners
  • What is Ethereum Virtual Machine and How Does It Work?
  • What are the Different Types of Cryptocurrency and Tokens?
  • What is a Hard Fork and How Does It Work?
  • What is a Crypto Trading Strategy? A Guide for Beginners

DISCLAIMER: This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website. The content you are viewing may be sponsored content. The responsibility of our readers who may click links in our content and ultimately sign up for that product or service is their own.

© Crypto Option
Invest Only $250 - Simple Way To make $1,372 Per Day With Crypto Start Now

Don't Miss Crypto CFD Trader!

The Best and Most Recommended Bitcoin and Cryptocurrency Price Prediction Software and CFDs Trading Robot
Sign Up

Try Crypto Engine With a Trusted Broker