[vc_row][vc_column][vc_paragraph text=”Chinese media and some of the users report that dApp EOS turned out to be a scam as it sent users an error message and they were unable to connect to the service.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”A scam valued at $50 million” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Service dApp developed by a Singapore company provided its users with a wallet that can be used for holding the internal token called “Eos eco-coin”. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”With the help of it, the investors got access to the information about nodes and so on.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”EOS Ecology also functioned as a trading platform. As it can be noticed over the recent days, the dApp, w.io that represents a public blockchain has transferred a great amount of tokens via different users accounts: a little less than 20 million tokens (that appeared on Huobi exchange address) amounting to over $50 million according to the current exchange rate.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”This is the biggest scam on the EOS blockchain. In just two days the fraud has managed to empty the accounts of users who hold assets in the App. Now they have no opportunity to recover funds.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Unfortunately, the crypto sectors is crawling with fraudsters that use any vulnerabilities and disruptions just as it happened to the systems of decentralized finances which resulted to millions of dollars’ losses because of Uniswap and dForce hackings.”][/vc_column][/vc_row]
Bitcoin
FinCEN has fined a Bitcoin Mixer, for $ 60 million. Bitcoin mixers may be considered illegal
The speed with which cryptocurrencies are being used by hackers to facilitate illegal activities is a major concern. Along with ...
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Millions belonging to ISIL can be hidden in a crypto investment portfolio
Experts have revealed that ISIL used crypto platforms for concealing financing and getting around the financial security measures. Terrorists believe ...
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Market leaders Joseph Lubin and Mike Novogratz have dived in Bitcoin and Ethereum
With the COVID-19 pandemic, the offline conferences have become obsolete but this has not prevented carrying the online summit. Instead ...