It seems that Dubai has become a major hotspot for cryptocurrency-related scams. With NFT’s being the current thing, lots of dubious characters are looking to get in on the hype.…
cryptocurrency
Bitcoin stealing malware that hijacks crypto addresses
On Monday, 14 March 2022 a friend contacted me. He had sent 0.255 bitcoin from a wallet on the Kraken exchange to VALR. Working on his laptop computer, he had…
MTI – The Missing Pieces
On Friday, 7 January it was announced that Johann Steynberg, the fugitive CEO of Mirror Trading International (MTI) had been arrested in Brazil on 29 December 2021. Steynberg fled South…
How Africrypt became the next big crypto scam
Imagine a child prodigy and early bitcoin adopter starting a company from his bedroom in 2013. Then his brother joins forces with him in 2019 to create a company that’s…
Caught in the crossfire – Scams, scammers and the scammed
A big chunk of my attention has been sucked into tracking a scam since 2019. Not because I invested any money in it but because I’ve been caught in the…
Crypto assets to be regulated as financial products
Should cryptocurrencies be classified as financial products?
Scams, MLMs and crypto – in conversation with Jon Walsh
I recently started a podcast and my very first guest was Jon Walsh. John is SVP header of strategy Europe for a digital company called AMX digital that does programmatic…
Not Everything That Glitters Is Gold – The Crash of the Gold-Backed Coin
Gold company Karatbars promised investors a stable, gold-backed cryptocurrency. But the KaratGold Coin (KBC) has lost massive value since December 2019. It seems that not everything that glitters is gold.…
Karatbars International – Review Of The Company And Its Products
Karatbars International made headlines this week in South Africa, after having been flagged by the financial regulator the Financial Sector Conduct Authority (FSCA). Whenever the company appears in the media,…