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India's Crypto Economy | Fast Expanding Despite The Odds

Trading is only one aspect of crypto activities in India; the ecosystem is growing across sectors to touch many lives ....

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Apple: AirTags to Receive Security Update for 'Anti-Stalking,' Android App Also Coming

Apple AirTags will soon have a security update for its "Anti-Stalking" campaign, and an upcoming Android App. ....

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Venezuelan Authorities Detain Two Alleged LocalBitcoins Scammers

Venezuelan Scientific, Criminal and Criminal Investigations Corps detained two men allegedly involved in a $136,000 scam committed through LocalBitcoins. ....

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Woman falls for Bitcoin scam that claimed to double her money, loses her savings

Woman falls for Bitcoin scam that claimed to double her money, loses her savings
Bitcoin has become a thing ever since Tesla Chief Elon Musk has extended its support to cryptocurrency
Ankita Chakravarti | May 14, 2021 | Updated 10:37 IST
Highlights
The scammers had used the branding of BBC News which fooled the woman.
In the hope to double her money, Bushnell, who works as a teacher in Brighton, paid £9,000 to the online scammers
Bitcoin has become a thing ever since Elon Musk has extended its support to cryptocurrency. The value of digital currencies like Dogecoin and Bitcoin go up and down based on Musk s tweets. But some online scammers are misusing the popularity of Musk and using his name to con people. A British woman, who is also an investor in cryptocurrency, lost her savings worth £9 000 (Rs 9,00,000 approximately). ....

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Bitcoin scam! Woman loses savings after falling for scam that claimed to double money

Highlights
Now she has lost all her savings to a Bitcoin scam.
She fell for a scam in which scammers were using a fake BBC website
There’s no doubt that Elon Musk has a great influence over cryptocurrencies, especially Bitcoin. Previously, his electric car company Tesla had announced that it’ll be accepting payments in Bitcoin, fuelling the rally of the coin.
While Tesla has now refused to accept Bitcoin as a payment mode, Musk is still having a great influence over the crypto market. Cashing in on Musk’s popularity, online scammers are misusing his name to dupe investors, especially those who are new to the cryptocurrency market. ....

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