All about Digital Coin

Bitcoin Scam continues. It seems that cryptocurrency scam is a never ending process. Exchange hack to scam, Everyhting is going on. Recently, In Austria, Victims lost $150 million worth of 12000 BTC. Austrian investment scheme ran a website and stole 12000 BTC.

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Details are emerging about an Austrian investment scheme, dubbed “Optioment”, where its operators have reportedly stolen some 12,000 bitcoins (approx. $116 million in current prices) from over 10,000 victims invested in the scheme. The scheme ran a website, now offline, claiming to be a ‘premier global Bitcoin investment product’ stemming from a ‘private Costa Rica-based bitcoin fund’. The scheme also claimed to have its ‘investment’ platform backed by assets over 35,000 BTC Read More

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Cryptocurrency exchange hack is the common way to stole money. Investors can do nothing about it. If you want to trade, You have to put money into exchange. All power upto to the exchange. If something wrong happen to the exchange, You are lost, Everything is gone faster than light. Decentralized exchange is the only and best solution for Cryptocurrency hack.

But in case of scamming, Investors should be more careful. You should give your assets to other. You private key should be kept offline, never share with anybody. As crypto transaction is a one way route, we should be more and more careful.

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