Tag Archives: Fake

A fake Ethereum wallet lurks in Apple’s App Store

Image: Wit Olszewski/Shutterstock By Stan Schroeder2017-12-11 15:13:55 UTC A fake version of popular wallet for cryptocurrency Ethereum, MyEtherWallet, is currently being sold in Apple’s App Store.  The app is created by a developer called Nam Le, with no ties to the makers of the original MyEtherWallet, which currently exists only as a browser app.  On […]

Bitcoin Breaks Through $8,000 Following Massive Head Fake

Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, because Bitcoin just pulled the mother of all […]

New Cryptocurrency Set To Fight Fake News

October 31, 2017         By: Payment Week October 27th, 2017 – San Mateo-based investment fund, HigherOrderVC has announced it’ll soon launch a new cryptocurrency, PressCoin, as part of its mission to empower independent journalists to fight ‘fake’ news and remain objective and financially independent. PressCoin is essentially the monetization component of a blockchain-based publishing platform. It’s […]

Fraudsters Post Fake Poloniex Cryptocurrency Trading Apps to Google Store

Security researchers have discovered at least three fraudulent apps on the Google Play store purportedly tied to the Poloniex cryptocurrency exchange. An article posted on IT security firm ESET’s news site We Live Security details how two of the apps, respectively called “Poloniex” and “Poloniex Exchange,” were put onto the Android app service and downloaded […]

Fake Cryptocurrency Trading Apps Harvest Credentials and Steal Cash

Hackers are targeting users of the cryptocurrency exchange Poloniex, with two credential-stealing apps that masquerade as official mobile apps for the service. ESET researchers discovered them on Google Play, built to not only harvest Poloniex login credentials, but also to trick victims into making their Gmail accounts accessible. “Poloniex is one of the world’s leading […]

Debunked: Rumor that Amazon Will Accept Bitcoin “Fake News”

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. A rumor has been circulating that claims Amazon will decide to accept bitcoin within the near future, potentially as early as October. Unfortunately, this rumor is based on a misleading blog post and is almost certainly false. The Rumor: Amazon Will Accept […]

SEC is getting serious about bitcoin fraud and fake news

To start, the SEC will look at fake news when it’s used to manipulate the market, such as pumping up a stock price to sell at a higher price. It also wants to look at shady dealings involving initial coin offerings and distributed ledgers like blockchains. Is that company starting a new bitcoin rival honestly, […]

The world reported on Estonia launching a national cryptocurrency – but it turned out to be fake news

Last month, news of Estonia’s experiment with its own government-backed cryptocurrency, the “estcoin”, spread like wildfire around the world in outlets including CNBC, Business Insider Poland and several payments industry publications. The premise was that early investors willing to enter an estcoin Initial Coin Offering (ICO) would help Estonia become a cutting-edge digital nation. There […]

Fake cryptocurrency shut down

E-Coins were developed by the Quid Pro Quo Association, which had been issuing them for more than a year. Working with two other companies, Digital Trading AG and Marcelco Group AG, Quid Pro Quo provided access to an online platform on which E-Coins could be traded and transferred. At least CHF4m (£3.07m, $4.16m, €3.48m) worth […]

Switzerland Shuts Down ‘Fake’ Cryptocurrency Scheme “E-Coin”

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Switzerland’s financial watchdog has cracked down on operations of “E-Coin”, an alleged ‘fake’ cryptocurrency scam. The Swiss Financial Market Supervisory Authority (FINMA), the country’s financial markets regulator and watchdog has revealed the closure of three separate companies involved in issuing “E-Coin”, alleged […]

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