Exit Scam news and trends

Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil...
Bitcoin // November 12, 2018

Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money after raising 13,000 Ethereum in an ICO. According to The Next Web, hours after moving all raised funds out of...

Investors Have Lost Close To $100M In ICO Scams
Security & Fraud // August 13, 2018

Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit scams. According to a report in TheNextWeb, the figures in the research imply that during the past two years, ICO scams...

Bitcoin Daily: LoopX’s Exit Scam, BitGrail’s Suspicious Nano Hack
Bitcoin // February 13, 2018

Some of America’s leading universities are adding a new course to their roster – call it Bitcoin 101. Graduate classes at schools such as Duke and the Massachusetts Institute of Technology will address bitcoin and the blockchain, The New York Times reported. “There was some...

Quick Reads
Bitcoin Daily: Presidential Candidate Andrew Yang Supports Crypto; Crypto.com Platform Aims To Replace Bank Accounts

May 17, 2019
Democratic Presidential Candidate Andrew Yang, who recently launched a digital-asset platform, has revealed that he believes more regulatory frameworks for the crypto community could boost innovation. “I believe that blockchain needs to be a big part of our future,” Yang said at the Consensus conference in New York, according to Fortune. “If I’m in the […]

Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil...

November 12, 2018
Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money after raising 13,000 Ethereum in...

Investors Have Lost Close To $100M In ICO Scams

August 13, 2018
Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit scams. According to a report...

Bitcoin Daily: LoopX’s Exit Scam, BitGrail’s Suspicious Nano Hack

February 13, 2018
Some of America’s leading universities are adding a new course to their roster – call it Bitcoin 101. Graduate classes at schools such as Duke and the Massachusetts Institute of...