cryptocurrency security
Crypto fraud increased 45% last year to $5.6 billion
In 2023, the FBI reported a significant surge in cryptocurrency-related fraud, with losses reaching an alarming $5.6 billion, marking a 45% increase from the previous year. This report, the FBI’s inaugural Cryptocurrency Fraud Report, highlights the growing trend of scams that exploit the burgeoning cryptocurrency market, particularly targeting vulnerable populations such as older adults. Overview […]
How to Protect and Avoid Crypto Scams
The rise of cryptocurrencies has brought about a revolution in the financial world, offering new opportunities for investment and digital transactions. However, this burgeoning market has also attracted scammers looking to exploit unsuspecting individuals. Protecting yourself from crypto scams is crucial. Here’s a guide on how to do just that: 1. Educate Yourself Before diving […]