Tag Archive for: trading

Scam-free trading apps that will change your crypto experience

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Many exchange platforms are unreliable and unsafe. There is a lot of history of investment scams in the crypto world. Therefore, you need to choose reliable and secure platforms with caution. You won’t want to gamble with your investment. Pick a good platform that leads the market and watch out for signs of investment scams. You can always complete profitable trades when you exchange on the following reliable platforms.

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Warning Signs of Scams

When claims of high returns are made, consider them to be doubtful. Investment returns cannot be promised because assets might succeed as well as fail. Any cryptocurrency deal that claims to make you money is a scam. 

Additionally, if there is overwhelming advertising, it very well could be a scam. All organisations advertise themselves, but one method that cryptocurrency scammers draw customers is by spending on substantial advertising, such as digital marketing, sponsored influencers, physical advertising, etc. This is meant to appeal to as many people as necessary in the shortest amount of time possible in order to generate revenue quickly if you think that the advertising for a cryptocurrency transaction seems presumptuous or makes foolish claims without evidence and deeper study.

If there are any anonymous teams, it can also be a scam. Identifying who the team is behind the majority of investment platforms should be feasible. This typically indicates the accessible backgrounds of the company’s founders as well as functional visibility through online content. Be mindful if you can’t identify the developer of a digital platform. Ultimately, any market opportunity guaranteeing money for free is probably a scam, whether it is in fiat or digital currency.

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Tested Crypto Platforms

Traders can purchase and trade a variety of digital currencies on crypto platforms. They are essential for the volume at which digital currencies are traded today. Some trades provide the highest rates or prices, while others offer specific investment funds. The following are the top 5 platforms that are trusted by…

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Russian Denied Bail in Insider Trading Hacking Case

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Cybercrime
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Cyberwarfare / Nation-State Attacks
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Fraud Management & Cybercrime

$83 Million Allegedly Reaped by Trading on Stolen, Pre-Public Earnings Information

Mathew J. Schwartz (euroinfosec) •
January 7, 2022    

Russian Denied Bail in Insider Trading Hacking Case

A Russian cybersecurity business executive who allegedly profited from an insider trading hacking scheme has been denied bail by a U.S. judge.

See Also: How to Uplevel Your Defenses with Security Analytics


Vladislav Klyushin, 41, was extradited from Switzerland on Dec. 18, 2021. He has pleaded not guilty to the charges. On Wednesday, The Associated Press reported, U.S. Magistrate Judge Marianne Bowler denied the defendant’s request for bail, saying he presents “a substantial risk of flight.”


Klyushin has been charged with participating in a criminal hacking scheme that earned at least $82.5 million by trading on stolen, pre-public information pertaining to hundreds of companies listed on the New York Stock Exchange and NASDAQ, including Horizon Therapeutics, IBM, Microsoft, Snap and Tesla.


“As alleged, Klyushin and his co-defendants used various illegal and malicious means to gain access to computer networks to perpetrate their illegal trading scheme,” says Albert Murray III, the assistant special agent in charge of the criminal and cyber division at the FBI’s Washington field office.




Klyushin, aka Kliushin, founded and serves as a director of Moscow-based IT service and media monitoring firm M-13. The company advertises numerous cybersecurity…

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5 apps for trading cryptocurrencies like Bitcoin, Dogecoin and Ethereum

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Want to trade crypto on the go? These five apps can be found for Android or iOS and will keep you connected to your cryptocurrency wallet no matter where you are.

bitcoin trading market data chart. virtual cryptocurrency concept

Image: KeremYucel, Getty Images/iStockphoto

Cryptocurrencies like Bitcoin and the multitude of altcoins that have come after it have reached all-time highs recently, but prices heading for the moon doesn’t mean the crypto market isn’t still without its volatility. If you’re going to get the most value out of your cryptocurrency assets you need to have the ability to trade your coins no matter where you are, which is where these five apps come in. Each of them is available on both iOS and Android. 

If you’re planning to trade cryptocurrencies, keep in mind that cryptocurrency markets aren’t always safe or stable, even trustworthy ones with a good reputation. Cryptocurrencies are a hot target for cybercriminals, so be sure you read up on how to safely trade cryptocurrency before investing money that could be lost.

SEE: Hiring Kit: Blockchain Engineer (TechRepublic Premium)

Binance

Binance is the largest crypto trading market in volume, and it has a good reputation for being a safe place to buy and sell Bitcoin and other altcoins, of which it supports more than 200.

Binance said its app is protected by its Secure Asset Fund for Users, which is a cold wallet (not connected to the internet) filled with 10% of all trading fees Binance collects. The app also offers savings and stating that it said earns interest greater than 5%.

The Binance app also has a “lite” interface that it describes as being designed for beginning cryptocurrency traders, so if you’re new to the crypto trading world this may be a good choice. 

Binance is available for iOS and Android.

Coinbase

Another of the largest crypto currency trading platforms, Coinbase has a smaller variety of coins but offers a number of safety features as well as offering new users $5 in Bitcoin when they sign up and verify their identity. 

Coinbase supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum…

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