• South Korean cryptocurrency startup reportedly pulls a $2.7M exit scam

    8 days ago - By The Next Web

    2018 will certainly go down as the year of the exit scam as yet another initial coin offering has disappeared out of thin air - along with millions worth of investors' cryptocurrency. Blockchain company Pure Bit has seemingly walked off with $2.7 million worth of investors' money after raising 13,000 Ethereum in an ICO. Transaction history shows that hours after moving all raised funds out of its wallet, the company proceeded to take down its website. It now returns a blank page. Victims report Pure Bit has already deleted its social media accounts; it has also kicked out all...
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  • EOS devs warn of yet another fake cryptocurrency wallet on Google Play

    EOS devs warn of yet another fake cryptocurrency wallet on Google Play

    8 days ago - By The Next Web

    Another day, another fake cryptocurrency app on Google Play. A group of Brazilian EOS developers, called EOS RIO, has warned users someone is trying to spread a fake version of its cryptocurrency wallet app on Google Play. While the app poses as the real thing (and claims to have been developed by “EOSRIO”), EOS RIO has issued a statement to clarify that its official app is yet to make its way to the Play store. EOS RIO claims to have taken the appropriate steps to have the app removed from the Play Store. Hopefully, this will prevent users from having...
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