Ethereum blockchain undergoes massive cryptocurrency gambling exodus

Cryptocurrency gamblers have left Ethereum-based decentralized apps (dApps) en masse. They’ve converted almost entirely to gambling on competing networks, taking their transactional volume with them. Blockchain research unit Diar studied three blockchains that support dApps, Ethereum, EOS, TRON, to determine just how much US dollar value is processed on … [Read More...]

Cryptocurrency scammers dupe Singaporeans out of $78,000 in under 3 months

Singaporeans have lost $78,000 to cryptocurrency investment scams in the last three months, after authorities uncovered a wave of fraudulent marketing campaigns. Cryptocurrency con-artists have duped citizens with phony articles featuring well-known Singaporean personalities to garner credibility, local media reports. The advertisements falsely claim local celebrities earned huge … [Read More...]

Here’s how criminals use Bitcoin to launder dirty money

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Since 2009, estimates suggest criminals have used the hyper-connected cryptocurrency ecosystem to launder well over $2.5 billion worth of dirty Bitcoin. Contrary to popular opinion, … [Read More...]