Crypto News

Greg Maxwell: Bitcoin SV ‘Maybe’ the ‘Real Fake Bitcoin’ – ‘But Who Cares?’

Advertisement Twitter Facebook LinkedIn Greg Maxwell made headlines recently when an e-mail he’d sent to “Fake Satoshi” Craig S. Wright was revealed to the public. Parts of the e-mail were published on CoinGeek. Maxwell is quoted as saying: I believe it would be adverse for interests that concern me if your influence or prominence in […]

Bitcoin

Scam Me Once: Twitter Promotes Fake Elon Musk’s ‘Bitcoic’ Giveaway

Twitter has come under fire from cryptocurrency commentators once again after the social network began actively promoting an ongoing scam involving a Bitcoin giveaway. ‘Elon Musk’ Offers Millions of Dollars in ‘Bitcoic’ The scam, which has involved various accounts in recent weeks, currently revolves around a fake Elon Musk account using the hijacked Twitter handle […]

Bitcoin

3.2 GB Block Sizes: Developers Bash Bitcoin Climate Change Study as ‘Fake News’

Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin’s impact on global warming October 29. This occurred after multiple appearances in mainstream media publications. Nature‘s ‘Naive Assumptions’ Originally published by Nature, the brief report claims that Bitcoin (BTC) 00 mining could help increase temperatures by over 2 degrees Celsius […]

Crypto News

PSA: Hackers Are Using Fake Flash Updates to Hide Cryptocurrency Mining Malware

Advertisement It has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Cryptojacking Breaks New Ground While fake Flash updates that push malware have traditionally been easy to spot and avoid, […]

Crypto News

Fake News? Cryptocurrency Exchange Bitfinex Denies Rumors of Insolvency

Advertisement Responding to longstanding rumors of financial struggles and outright accusations of insolvency, major cryptocurrency exchange Bitfinex has provided a glimpse into its cryptocurrency balance sheet. The exchange, which is registered in the British Virgin Islands but headquartered in Hong Kong, sought to dispel these rumors in a blog post published on Sunday, which included […]

Bitcoin

Singapore Phishing Websites Using Fake News to Get Users’ Bank and Credit Card Details

Phishing websites have been using fake news involving the Deputy Prime Minister of Singapore as means of aquiring users’ credit card and bank account information. Get Rich Quick Scheme The Singaporean government has condemned two separate websites for trying to acquire bank account and credit card information by distributing false information involving the Deputy Prime […]

Altcoins

Hackers Nab $58,000 from Cryptocurrency Exchange by Trading Fake EOS Tokens

Advertisement Hackers were able to steal nearly $ 58,000 worth of cryptocurrency from the Newdex exchange by exploiting a vulnerability in the exchange, according to TheNextWeb. The hackers flooded the Newdex exchange with fake EOS tokens they created themselves to buy ADD, BLACK and IQ tokens from the centralized platform. Newdex acknowledged that an EOS account […]

Bitcoin

Bitcoin Suffers Severe Blow to Legitimacy, but It’s Based on “Fake News”

Larry Shover, the chief financial officer at SFG Alternatives, has stated that he feels the news circulating yesterday about Goldman Sachs’ shelving of plans to launch their own cryptocurrency trading desk has dealt the leading digital asset’s legitimacy a “severe blow.” The main issue with Shover’s analysis is that it is based on a journalistic […]

Crypto News

‘Fake News’: CFO Says Goldman Sachs is Not Ditching Bitcoin Trading Desk

Advertisement “Fake news” — that’s how Goldman Sachs CFO Martin Chavez characterized a report that the investment banking giant was shelving its much-hyped plans to build a bitcoin trading desk. Speaking this week at TechCrunch Disrupt in San Francisco, Chavez sought to put to rest speculation that Goldman, the fifth-largest bank in the U.S., was […]