Elderly Woman Falls Prey to Bitcoin Scam in Brandenburg: A Cautionary Tale

30.03.2024 21:06 91 times read Reading time: 1 minutes 0 Comments

Bitcoin Scam in Brandenburg: 82-Year-Old Loses Five-Figure Sum

An 82-year-old woman from Fürstenwalde, Brandenburg, became a victim of Bitcoin scammers, losing a significant five-figure amount of money. The fraudsters had falsely promised her a certain quantity of cryptocurrency, never intending to deliver after receiving her funds, as reported by Tagesspiegel.

On the Rise: Bitcoin Scammers – How to Protect Yourself

With the rise of digital currency comes an increase in sophisticated Bitcoin scams. These schemes often promise quick profits but can lead to significant financial losses for investors. To safeguard assets, it's crucial to understand cryptocurrencies and remain wary of unsolicited offers or demands for immediate payments, as advised by Berliner Zeitung.

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Inflows into Bitcoin ETFs Increase - CryptoQuant CEO Cautions Against Impending Liquidity Crisis

According to finanzen.ch, inflows into Bitcoin ETFs have risen since their approval by US regulators. CryptoQuant's CEO, Ki Young Ju, however, warns of a potential liquidity crisis should the demand continue to outpace the supply, especially as entities like exchanges and miners retain significant Bitcoin reserves.

Post Bitcoin Record: Will the Stock Market Party Continue? - n-tv.de

Bitcoin's recent price surge has set new records, but there is speculation about whether the momentum can be sustained. Experts suggest that while there's room for growth, investors should be vigilant for potential market corrections following such rapid increases, as detailed by n-tv NACHRICHTEN.

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The Best Bitcoin Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

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