The Badbitcoin Project: Exposing bitcoin and cryptocurrency frauds since Feb 2014

Where there is money, there are gangsters. Bitcoin is money, so if you’re dealing with it, you need to keep your eyes wide open. Started at begin of 2014, The Badbitcoin Project is made up of a loose group of IT Professionals, Bitcoin Enthusiasts, Investigators and Finance Experts with the aim of protecting new and existing bitcoin users, and of clearing a path through the fake sites, so the good actors can thrive.

We want to see Bitcoin & The Blockchain become a successful evolution in the way we trade, bank and exchange contracts, and so we aren’t going to let a load of scammers and cheap thieves endanger this movement. Bitcoin, simply put, is a store of value, however, the blockchain it is carried on changes everything. – The Badbitcoin Project

This site a precious resource, free to use and updated 24/7, and it is the first place where you should look before even thinking of investing your bitcoins. It can be really easy to misunderstand the bitcoin environment when it’s all new to you, and it will take you some time to grasp some of the rules, concepts, and limitations. This leaves you vulnerable to the swathes of scams and ponzis that try to lure you into their promises of easy money, and doubling or even 100 times multiplying your virtual currency.

After two years and half of activity, their list of bad guys exceeded 2,000 sites.

When we started this project, we didn’t expect that it would still be needed years later, but the interest in bitcoin is driving every web fraudster to try their hand after bitcoin. The bitcoin Industry on the whole is clean, these fraudsters generally do not come from the inside, but often from the world of fiat, and a great many from developing countries and Eastern Europe. – The Badbitcoin Project

When you see something that is too good to be true, you may want to give your contribute in keeping the bitcoin environment clean by reporting to them the suspect site; They’ll do the rest.

Their pages also contains analysis, schemes and definitions of the most common scams, cons, ponzi’s bad sites, and how to spot them. If you’re still new to the cryptocurrencies world, this is something you better study today, because it can save your ass tomorrow.

bad_bitcoin_project_cover

The post The Badbitcoin Project: Exposing bitcoin and cryptocurrency frauds since Feb 2014 appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I...
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker ...
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less ...
Baca selengkapnya