Class Action Lawsuit Issued Against MGT Capital
Crypto Scam

Class Action Lawsuit Issued Against MGT Capital

Pomerantz LLP, a law firm hailing from New York has filed multiple civil suits against MGT Capital Investment. The suit was filed against MGT and its executive offers on account of its past and present customers. It is alleged that between 9 October 2015 and 7 September 2018, the company …

India Sees Another Cryptocurrency Fraud
Crypto Scam

India Witnesses Another Cryptocurrency Fraud

Even though cryptocurrency trading and ICOs are banned in India, the number of scams from the country do not seem to come at a halt. A year-old cryptocurrency case has come to a standstill. The investors have refused to testify against the accused. Another issue that this case is facing …

Canadian Woman Loses $48,000 To BTC ATM Scam | Coindelite News
Bitcoin Scam

Canadian Woman Loses $48,000 To BTC ATM Scam

A Canadian woman lost 62,500 Canadian dollars ($48,125) due to a Bitcoin ATM Scam. The victim claims that she sent money to a scammer through a Bitcoin ATM. The women have filed a case against the ATM provider Instacoin ATM Canada Inc. Charlottetown Provincial Court, Canada has taken up the …

North Dakota Securities Regulator Bans Three ICOs | Coindelite News
ICO News

North Dakota Securities Regulator Bans Three ICOs

North Dakota’s security watchdog is taking action against ICO projects which are operating illegally in the state. Karen Tyler, the commissioner of the North Dakota Securities Department, has issued cease orders on three ICOs. These ICOs are unregistered and potentially fraudulent. The regulators’ team has recently published a Press Release …

Google Ad Says Crypto Is Not Real | Coindelite News
Cryptocurrency News

Google Ad Says Crypto Is Not Real

The search engine giant Google has finally revealed its opinion on Cryptocurrencies such as Bitcoin. The company’s view on digital currencies was revealed through an ad for Google’s new Call Screen Service. Google recently released an advertisement for its new Call Screen Service. This new feature allows users to identify …

Crypto Mining Has Become Less Profitable | Coindelite News
Bitcoin Mining

Crypto Mining Has Become Less Profitable

Bitcoin mining has been a great way for miners to earn the money. Bitcoin (BTC) miner revenues of 2018 have already increased. In spite of the growth, miners are now earning less profits. According to the report, the rewards and fees for BTC miners have surpassed $4.7 billion within the first …

The U.S. Government to Track Crypto Conversions | Coindelite News
Cryptocurrency News

The U.S. Government to Track Crypto Conversions

On October 3 the role of digital currencies in drug trafficking was discussed by the U.S. Senate Caucus on International Narcotics Control. Matthew Allen, an assistant director of domestic operations, Homeland Security Investigations (HSI) detailed about the drug trafficking. He stated that while criminals convert cryptocurrencies to government-issued currency creates vulnerability. …

Google to Protect Its Users From Cryptojacking | Coindelite News
Crypto Hack

Google to Protect Its Users From Cryptojacking

Cryptojacking has become one of the major issues in the cryptocurrency space. Individuals, crypto exchanges, companies have been losing their funds due to these issues. Google has recently announced that it is going to protect Chrome users from Cryptojacking. The search engine has made stricter rules for Chrome extension developers. …

Crypto Hack

Google Employee Warns People Against Bitcoin Bragging

Mark Risher, Google’s director of product management, account security recently warned cryptocurrency investors about Bitcoin bragging. Investors were warned not to reveal the information about their cryptocurrency holdings online. Investors should be careful Recently, Mark Risher was a part of an interview with CNBC. He warned the crypto traders and …

Jaxx Wallet Faces Phishing Incident
Crypto Scam

Jaxx Wallet Faces Phishing Incident

The official cryptocurrency wallet app Jaxx has recently fallen victim to a phishing incident, this has led to stolen cryptocurrencies from the user’s wallets. The authentic Jaxx Liberty wallet is located at jaxx.io, the scammers took this as an opportunity and launched a website with a similar name jaxx.ws.  Based …