Fake ‘professors’ use phoney loans to trick victims in latest crypto scam

The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment. The Philippines SEC has released an official warning about Bitcoin (BTC) “cloud mining” company Mining City, advising the public to steer clear of the scheme and others like it.…

Ethereum’s native token, Ether (ETH), looks ready to undergo a massive rally due to a mix of technical and fundamental factors.From a technical perspective, ETH’s price now eyes a 35% rebound by the end of October after holding testing a key support level. This level is a rising trendline that has capped Ether’s downside attempts…

South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival.Regulatory innovation is not a matter of choice anymore, it is a question of survivalThe President of South Korea stressed the importance of the development of new regulatory approaches towards new technologies such as blockchain in the light…

Chinese e-commerce conglomerate Alibaba has filed a patent application with the U.S. Patent and Trademark Office (USPTO) for a blockchain-based system that allows a third-party administrator to intervene in a smart contract in case of illegal activities. The USPTO published the patent application on Oct. 4.A smart contract is a computer protocol designed to digitally…

The new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. 873 Total views 4 Total shares Australia’s Minister for Industry, Science and Technology announced 5.6 million Australian dollars ($4.2 million) in grants to two blockchain-focused companies including traceability firm Everledger and technology consulting startup Convergence.tech.Everledger,…

Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors. 95 Total views 1 Total shares Bitcoin (BTC) price action suggests that the asset remains in a precarious position and a recent report from ARK Invest said that short-term Bitcoin investors

The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. 185 Total views 6 Total shares Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.“The terra(dot) money domains have successfully been…

Bitcoin has crashed below $10,000 for the first time in seven weeks. An aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the markets.After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100. However, the…