what is cryptocurrency and is it legit

Last Updated on August 21, 2023 by Paganoto

9 common cryptocurrency scams in 2022 – TechTarget

Cryptocurrency, such as bitcoin, is different from digital currency. It uses blockchain for verification and does not run through financial institutions, so it is harder to recover from theft. Even though cryptocurrency is a newer trend, thieves are using old methods to steal.Jun 13, 2022

What To Know About Cryptocurrency and Scams

But these crypto coins and tokens are a scam that ends up stealing money from the people who buy them. Research online to find out whether a company has issued …

Cryptocurrency: What It Is and How It Works – NerdWallet

Cryptocurrencies let you buy goods and services, use apps and games or trade them for profit. Here’s more about what cryptocurrency is and how to protect …

How To Avoid Cryptocurrency Scams – Kaspersky

Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick unsuspecting victims. These fake websites …

Bitcoin is the greatest scam in history – Vox

Cryptocurrency is best-suited for one use: Criminal activity. Because transactions can be anonymous — law enforcement cannot easily trace who …

What You Need to Know About Cryptocurrency Scams – AARP

Pump-and-dumps. Using messaging apps or social media, crypto promoters plant rumors that a famous mogul is backing a certain currency. The aim is to lure …‎Cryptocurrency Fraud · ‎Have You Seen This Scam? · ‎Warning Signs

Beware of Cryptocurrency Scams – Investopedia

Within the context of the cryptocurrency industry, phishing scams target information pertaining to online wallets. Specifically, scammers are interested in …

10 Important Cryptocurrencies Other Than Bitcoin – Investopedia

10 Important Cryptocurrencies Other Than Bitcoin · 1. Ethereum (ETH) · 2. Tether (USDT) · 3. USD Coin (USDC) · 4. Binance Coin (BNB) · 5. Binance USD (BUSD) · 6. XRP.

Cryptocurrency Is a Giant Ponzi Scheme – Jacobin

No one should shed a tear. Cryptocurrencies have virtually no legal use case. They’re great for facilitating ransomware, laundering money, …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.