How to avoid cryptocurrency scams ?
Introduction: With the emergence of cryptocurrencies, hackers have been able to use blockchain flaws to defraud millions of people all over the world. According to industry experts, if the online crypto industry continues to draw new users at an unprecedented rate, the number of hacking incidents will rise in the following days and weeks. Between January and July of this year, large bitcoin thefts, hacks, and fraud are estimated to have cost more than $650 million. Many more will be reported as a result of a variety of factors, including a lack of technological understanding. What is cryptocurrency scam ? A cryptocurrency scam is a sort of investment fraud in which criminals take money from customers who are intending to participate in the new digital currency world. Because most crypto-assets and related services aren't regulated by the Financial Conduct Authority (FCA) for anything other than money laundering, they aren't covered by the Financial Services Compensation Schem...