Skip to main content

Crypto scammers stole $14 billion in 2021

The year 2021 is a remarkable year for cryptocurrency. New individual and institutional investors have shown much interest in digital currency. The number showed investors' interest in cryptocurrency.  The total market cap of cryptocurrency is around $30 billion in 2021 which was more than the total of all the investments made in the previous years in the traditional technology. This made an onus on the nation’s central banks to make a conclusive decision on crypto. Some nations dared to take a positive decision towards cryptocurrency and others are still in dilemma. El Salvador is the first nation that declares Bitcoin as its official currency effective from September 07th.  European Central Bank, China, and Reserve Bank of India plan to introduce digital currency without losing government control on the network.


The growing worldwide interest in new technology also increased the number of threats in the form of crypto scams. For scammers and hackers, cryptos appear to be quick money and speedy earned buck. 2021 is a profitable year for crypto scammers. Victims are obviously who don’t have knowledge of crypto technology and crypto functioning. Scammers stole $14 billion by exposing cryptocurrency technology in 2021. People have led to losses in 2020 for $7.8 billion. Crypto-related crime losses were increased by 80% in 2021 when compared to 2020. Europe continent is one of the hotbeds for crypto frauds in the world. Scammers and hackers in Eastern Europe have earned $950 million through crypto scams.


Indians are falling into scammers' trap as well in 2021. 900 Indians have lost 1200 crore rupees which is equivalent to more than $160 million because of the fraud. Most of them were created by buying fake cryptocurrencies in 2021. Hackers were cheated by creating fake cryptocurrency websites and cryptocurrencies to target new investors. The squid game token, which was a cryptocurrency named after getting inspiration from the South Korean popular TV show ‘Squid Game’. Through the Squid game coin’s tenure (approximately 11 days), the investors saw a peak of $2,861 and an appreciation of 310,000 percent. 
Labels:

Comments

Post a Comment

Popular posts from this blog

Photo : Savitri during her last days

Even after 4 decades of her death, people are very much interested to watched her (Savitri) biopic. Mahanati turned to be stupendous success. On eve of remembering Savitri, here we posted Savitri photo. The photo seems her last days. The man stand behind Savitri is Gemini Ganeshan who married Savitri. It seems that she suffered bad days during her last days.
Post a Comment
Read more

Suchi Leaks Next Target - Samantha

Wikileaks created huge political uproar among Indian Politics and Bureaucrats. Suchi leaks causes disturbances both in Tollywood and Kollywood. Female Singer Suchitra discloses personal issues of celebrities in Telugu and Tamil. She leaked few photographs of Heros and Heroines who spend their personal time in private parties. Karthik, husband of Suchitra responded on leaks that she was not mentally firm. Few actors in particular Tamanna, Trisha, Dhanush, Anirudh and Rana were feel uncomfortable on these leaks. Trisha reacted on Photo of Rana who kissed her said that it was just peck between two friends. There was nothing more beyond that. Suchitra said that she was raped by Dhanush and Anirudh after the party in the night. In her another leak, Tamanna was too raped by Dhanush. As per buzz, Suchi's next leak will be related to Heroine Samantha. Earlier, Samantha had love affair with Hero Siddhartha. Both were participated in Rahu-Kethu pooja in Srikalahasti. There were many go...
Post a Comment
Read more

Girl signed on 100/- Stamp Paper for getting 5K!

YSRCP Govt gave notification for more than 2.6 lakh jobs for Village Volunteers and was selected through interview process. All unemployed youth from SSC to Graduate were applied for the posts. 
Post a Comment
Read more