Elon Musk admitted that he sees a positive trend in the use of renewable energy sources for Bitcoin mining. Furthermore, the famous entrepreneur has confirmed plans to start accepting Bitcoin for Tesla electric vehicles.
SpaceX and Tesla CEO Elon Musk, speaking at the online conference “The B Word,” announced the purchase of bitcoins by SpaceX. The businessman also noted that he personally owns Bitcoin, Ethereum, and Dogecoin. Musk also said that Tesla plans to resume accepting bitcoins as a means of payment for its Tesla cars.
Criminals and crypto scammers have created so many ways to steal cryptocurrency. They create fake exchanges, run failed ICOs, rug pulls, email scams, social media scams; and this is not the whole list. It is essential for us that LATOKEN users and other crypto enthusiasts feel safe. Today we want to share ways to identify a crypto scam and stay safe.
Attackers and crypto scammers have established schemes that allow them to gain users’ trust to deceive them later.
We we want to provide some warnings sign to look for, so you can detect a crypto scam:
Crypto scammers, in…
Some crypto experts have named cryptocurrencies that look the most promising in the current market situation. But do not forget that cryptocurrency is a volatile asset that can lead to financial losses.
On July 15, the cost of Bitcoin dropped to a two-week low of $31,5 thousand, and over the past day, the price of the first cryptocurrency dropped by 7%; at the moment, it reached $29,5 thousand.
During the last week, the leading cryptocurrency fell by 6%. Altcoins’ quotations also dropped. Ethereum has dropped 17% over the past seven-eight days. Over the same period, Cardano has decreased in price…
Michael Saylor responded on Twitter to an ex world heavyweight champion who asked his followers what they prefer: the first cryptocurrency or Ethereum.
MicroStrategy CEO Michael Saylor advised Mike Tyson to invest in Bitcoin. This is how the head of the company commented on the post of the ex-boxer on Twitter, in which he asked his subscribers what they prefer: Bitcoin or Ethereum.
Ignorance of the nuances of working with the crypto market can lead to a loss of funds when making the first transaction. So how to protect yourself from losses, crypto scams and start working competently with digital assets? Let’s try to figure it out.
Crypto investing is associated with high risks, primarily because digital assets are highly volatile. However, this is far from the only reason that can lead to losses. There are other nuances to consider before purchasing digital coins.
Before buying a cryptocurrency, you should first understand what it is for: is it a long-term investment or a…
In our LATOKEN Blog, we regularly post about crypto scams and the ways to avoid them. Lately, the interest for crypto mining apps is growing. Some of them work through more comprehensive systems, but there are many apps that claim to help you mine crypto and make a fortune. In fact, in one of the recent posts on our Medium page, we talked about the disadvantages of using your smartphone to mine cryptocurrencies.
Recently, the mobile security firm, Lookout, announced that there are 170 apps that are promoting themselves as a mining app. …
Blockchain companies continue to leave China amid tightening regulations. So what is the reason for this, and why is the country likely to only increase pressure on the digital asset industry in the future? Let’s try to figure it out.
From about mid-May, the Bitcoin rate fell by almost 50%, to $34 thousand. Cryptocurrency quotations began to decline sharply after the tightening of regulation of the digital asset market in China. Until that time, the country was one of the leaders in the industry, including in terms of the number of Bitcoin miners. …
There are mobile applications that allow you to mine digital assets. However, some of them were created by scammers, while others do not bring substantial income.
Some users are sure that it is still possible to mine bitcoin on a home computer or laptop, and to mine altcoins, a smartphone on the Android operating system will be enough. If you type “Mining” in the Google Play app store, in addition to games on this topic, you will definitely see several options that promise easy money.
For example, an app called “Money Miner — new bitcoin mining app” has been downloaded…
Currently, LATOKEN exchange has 30 different cryptocurrencies available for staking, including top tokens, such as DOT, XTZ, and others. In addition, LATOKEN staking platform launched staking for Cosmos (ATOM) and ICX (ICON) today, on July 6th, 2021.
Most seasoned crypto traders and people interested in crypto, already know that staking can be a viable source of passive income. For example, we have seen high demand on our platform for LATOKEN Staking.
Now even the top dogs in traditional finance are getting the memo about the potential of staking, as well.
Recently, according to Forbes, two senior analysts at JPMorgan argued…
What threat did the American authorities see in the crypto exchanges in Pavel Durov’s messenger, and how do such services work? Let’s try to find out more.
Telegram and its secret chats are a channel of almost anonymous communication, which can be used by attackers and scammers, covering the tracks of cyber crimes. The IRS is absolutely sure of this. Special agent Chris Janczewski said that his department is concerned about cases of possible money laundering and other crypto scams with the help of exchanges in Telegram.
Janczewski also added that people conducting exchange transactions of dubious origins act like…