scammers

UK Police Seize USB Stick With Ethereum Worth $9.5 Million

British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in USB Stick The U.K.’s Greater Manchester Police announced Wednesday that its Economic Crime Unit has seized a USB stick containing “huge amounts of ethereum, the second largest crypto currency after bitcoin.” The USB stick was discovered after the police arrested a 23-year-old male

YF Link Guide $YFL: Bridging ChainLink and YFI

There are many projects borne by decentralized finance (DeFi) innovation. But while most of them have been successful, a community backing the platform is still a lingering question for many. YF Link is a project that aims to build a new protocol that answers this exact concern. Developing a platform that bridges two of the biggest DeFi protocols right now, Chainlink and Yearn.Finance is YF Link’s main purpose. Table of Contents Background YF Link is a fork of Yearn.Finance (YFI). It was designed to handle LINK tokens as opposed to

SushiSwap GM says ‘Talk doesn’t mean anything and code shows everything’

SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days — and fairly so. The platform's token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept. 1, garnering more than $1.5 billion in locked value less than a week from its inception. Many have voiced suspicions regarding certain aspects of the project, however, including concerns over a $27 million developer fund controlled solely by the project's head

Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

The Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users.The “announcement” about the launch of a fake Bitcoin-related investment system was purportedly “approved” by Ivan Duque, President of Colombia.According to Colombia Check, quoting a statement by the Cybernetic Police Center, the site promotes a Bitcoin investment opportunity (BTC) that Duque is quoted as saying will offer “relief to the economic crisis triggered by the coronavirus pandemic.”The post claims that the president signed “the biggest deal of the century” to create a platform