We have been receiving a range of reports from people coming across phishing attempts lately. Secure passwords and even two-step authentication could be powerless once the attackers manage to deceive the account owner. Cautionary measures are a must.
There are a lot of scams going on. Many scammers use well known brands to trick people into giving out their details. Various offers of free cash and games on facebook with unbelievably good prizes. The world of Bitcoin is still very young so it’s a good idea to use a reputable exchange. Even when you are make sure it is not someone portraying to be them. Some scams can be hard to detect. Although there are many other scumbag ways of maliciously obtaining unsuspecting customers’ details, we’ll have a look at one of the most common scams out there. This scam can also affect a respected business’ reputation. This is the phishing scam. Continue reading
There is a common belief that Bitcoin transactions are anonymous and untraceable. In addition to that many are still cautious of Bitcoin because of the common opinion that it might be used for shady or criminal transactions. One can understand where these concerns may come from – most of you remember Silk Road. To those who don’t, Silk Road was essentially the Ebay for criminals. Pretty clever in the sense. You could buy drugs, guns or order a hitman. However that party is long over as the FBI shut Silk Road down back in October 2013 and the founder Ross William Ulbricht is serving life in prison.
About the security of our bitcoin exchange
How safe is the bitcoin exchange I’m using? I’m sure many of you have asked this question. We’re here to put your mind at rest and explain some of our features that are put in place to make sure your assets are at the lowest risk possible.