BitcoinWhosWho received many cloud mining fraud reports in December, but aside from the NiceHash hack, none were more remarkable than the SierraHash cloud mining scam. This multi-million dollar fraud was pulled off in just three weeks! More than 86,000 transactions since November 16 with a total received balance of 177.46647418 BTC as of yesterday.
As anyone who’s been ripped off by a bitcoin scam artist can tell you, how you buy, sell, hodl or otherwise transact in crypto is a matter of who to trust with your private key.
The most trustworthy bitcoin exchange & wallet in the United States is Coinbase.com.
Founded in 2012, Coinbase is one of the oldest and largest bitcoin exchanges still in operation. In addition to bitcoin, they also facilitate transactions in Ethereum, Litecoin and recently began offering Bitcoin Cash. For beginners and experts looking for hassle-free storage and best-in-class security there is no better option.
We received two somewhat convincing phishing emails recently from colnbase.support and myethenwallet.com. Hilarious misspelling aside, it’s not so funny if one of these scams tricks you into entering your private information on the bogus websites they provide.
BitcoinWhosWho.com started receiving reports of a mass email attempting to blackmail recipients out of bitcoin about a month ago. The hilariously worded text always closes with “sorry for misprints, I am foreign”. Rudimentary block exploring shows at least some of these scam addresses are being consolidated on the Russian wallet service Matbea.com. Continue reading Blackmail Scam Run on Russian Wallet Matbea→
It was supposed to be impossible to discover a bitcoin’s private key without the owners’ consent, but the Large Bitcoin Collider “LBC” pool is proving that assumption incorrect. LBC found a 14th private key a few days ago according to their website, the first since April.
A look at the blockchain shows the address, 15K1YKJMiJ4fpesTVUcByoz334rHmknxmT, was quickly emptied to 1GaZi2TSYLns8A85yAQr1Js7Rqjrn5HGZ where the BTC still resides.