This Ponzi vs Pyramid schemes post aims to show you the difference between Ponzi Schemes and Pyramid Schemes, which are not the same things. Many people believe they are. Some are unable to tell the difference and therefore use the terms interchangeably. Many Ponzi schemes have elements of pyramid schemes but ultimately these are two […]
A Crypto pyramid scheme or cryptocurrency network marketing opportunity is a “business” that recruits participants through a promise of payments or services for enrolling others into the scheme. This is in contrast to supplying investments or selling products. The more recruitment the smaller the market. Then, most members are unable to profit; as such, pyramid […]
Cryptocurrency scams and digital crime have been trending in the spotlight these past few months. Be that as it may, SIM Swapping has been ‘missing’ in a sense according to a number of reports on 2018. Two cryptocurrency analytics companies Chainalysis and CipherTrace released two different reports in 2018. The data focus mainly on major […]
SAFCOIN released this week and there seems to be a lot of suspicion surrounding it. People can’t decide if it’s a cryptocurrency worth investing in, or just another scam. In this post, we will be looking into SAFCOIN and the team behind it. SAFCOIN Launches! On December 13, 2018, SAFCOIN launched after the ICO period […]
Crypto Phishing Scams. What are they? In this article, we explore Phishing Scams and how it affects you. This article has nothing to do with your local tackle shop. However, if you do allow yourself to be phished, you will only be telling stories of “the one that got away”. Crypto Phishing Scams: What are […]