One of the significant risks of bitcoin trading is that fraud and hacks are almost unavoidable because there is no central authority governing the platform. It’s 2022, and Bitcoin is past its booming phase. Now it seems like everyone who’s looking to make profits is using it. In March 2021, Bitcoin hit an all-time record-breaking…
As cryptocurrency becomes mainstream, so do common misconceptions associated with it, like crypto recovery is impossible. Cyber expert Timothy Benson decodes them. When a potentially business-changing idea like cryptocurrency enters a market, interest takers and investors are bound to miss the details that operate the so-called platform. Since the project brings new ideas, entrepreneurs…
Pump and dump is a scamming technique where fake coin promoters spread misleading information to inflate the price of a specific digital crypto coin and then run away. In the past, scammers relied on cold calls to sell fake products and target innocent people. But today, the internet has offered a cheaper and easier…
ICO has yielded massive success as a popular method to raise money to create new digital coins. But the platform is also attracting scammers. Initial Coin Offerings (ICOs) has opened new avenues for investors in blockchain ventures. As per reports by leading websites, in the third quarter of 2017 alone, ICOs raised more than…
As romance scams continue to spread across the world, Cyber-Forensics.net, a leading fund recovery company, has issued alerts for vulnerable dating app users. More and more consumers are falling prey to online romance scams. Latest reports by the Federal Trade Commission, people have reported losing a staggering amount of $1.3 billion in 2021, which…
Fraudsters are making people record videos of themselves saying they have benefited from a crypto scheme. And then using the video to trick victims’ families. Video streaming has become an influential part of everyday communication. Whether it is to find out how markets are leading the economy or learn about profit-making businesses. According to a…
As companies invest in highly sophisticated technology to leverage business operations, AI-powered tools offer a safe passage to protect digital assets. With a projected capacity to cross $100 billion in spending by 2025, cybersecurity will soon become a trillion-dollar market. But at the same time, scammers are leaving no stone unturned in identifying loopholes…
Criminals in Australia are posting fake advertisements to lure cryptocurrency investors. They are using pictures of well-known Australian personalities to target victims. Social media has become an integral part of everyday lives. However, despite the uncountable benefits, networking sites like Facebook, Twitter, Instagram have become a hub for scammers looking to take advantage of the…
Digital fraud can be as simple as phishing or as complex as blockchain scams. Crypto scams are particularly difficult to identify. In fact, stolen crypto can be hard to track. Digitalization seems to have taken the world by storm, dragging traders and investors with an increased interest in the industry. And increased interest means more…
Cyber-Forensics.net shares expert tips on what to do if scammed out of money in cryptocurrency fraud. Cryptocurrency has been the talk of the town for over a decade now, but for many, it is still a foreign land. Result? Some investors get left behind in the up and down journey of crypto adoption. They know…