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Got Scammed on a Cryptocurrency Website – How to be Vigilant of Scam Service Providers

Published

5 years ago

on

Cryptocurrency tends to be complicated and confusing, especially for those who are new to online trading and are lightly regulated. All of this encourages online scammers to consider these users as an ideal target to scam. Having little bit know-how and some common sense, however, can help you do a lot to protect yourself against cryptocurrency cons.

If you are not sure whether or not a particular cryptocurrency website is a scam, bear these factors in mind. They will help you sort legitimate providers out of those online trading platforms you should avoid altogether.

Check URLs 

When it comes to choosing a cryptocurrency website to initiate trading, buying, or mining the digital currency, be sure about its URLs is a must. URLs with noticeable spelling mistakes are usually fake. Secured websites need to connect securely over https. Accordingly, a website address starting with “HTTP” shows that it is not a secured one, and therefore, it does not protect your data as well. Likewise, a secure website needs to have the word “Secure” or a picture of a padlock in the address bar of a web browser.

Language errors

Cryptocurrency websites with several language errors are usually indications of fake or scam sites. These sites may feature awkward phrasing, incorrect grammar, and spelling errors. According to some experts, websites with awkward phrasing or misspelled words do not necessarily indicate fraud, but they still need you to proceed with caution.

High Return Promise

Does the cryptocurrency website you are visiting promises some abnormally high returns? Does it, for example, say that you can double your investment by using their platforms? If so, you are experiencing a sigh of a scam. Make sure you do not provide them any information about you and immediately leave that site.

Information

Trusted and legitimate crypto websites will have an ‘About Us’ page, details about the registration of the company, and the real people who are behind the cryptocurrency platform. If the website you visit has little or no information about the company and its business, it may mean you are dealing with a fraud website.

Reviews 

It is compulsory to find out the reviews of the particular cryptocurrency company you are willing to use for trading, buying, or mining the digital coins. Look for what other users say about it and if the website faces any negative comments or reviews. If so, see what those comments are saying. Luckily, the crypto community is smart and quick enough to spread the word about possible scams. Another sign of a trusted and legitimate crypto website has links to reputable websites. Visit money-bank.com to find out more about it.

Registered Domain

Checking the registration information of a website or a domain can aid in deciding about its trustworthiness and legitimacy. Websites like WHOis.net are handy in finding the information about the registration of the site. There, you would be able to know about the registered owner of the website, the date of the registration, and whether or not the domain’s owner has a private registration. The more you know about a cryptocurrency website, the more you would be able to play securely.

Celebrity Endorsements

Several online investment scams claim that their websites have celebrity endorsements. They do it to attract people towards their favorite celebrities and have blind trust due to the so-called celebrity endorsement. Make sure you avoid visiting these websites or become a victim of their tricks.

Fishy Signs 

Did you know about the website on social media? Did they approach you first through your social media accounts or messengers? Reaching new victims through unsolicited messages and social media accounts are some of the most frequently used ways for scammers. Sometimes, a website has something raising red flags or seeming too good to be true. If you feel there is something fishy, trust what you sense.

The above checks may not be foolproof because it is still possible for a website to have many of the above requirements and continue to be a scam. Make sure to do your due diligence before you provide any personal or professional data to any cryptocurrency website or application.

Steps after You Got Scammed on a Cryptocurrency Website

Generally, it is vital to identify your chances of getting your money back from a scam. When you send money out of the country under any cryptocurrency transaction, there is the slightest or no likelihood of recover it. Money-Back says that while all international scams have very slim chances of getting money back, cryptocurrency is harder to recover.

After you have spotted a scam, make sure to report it to the Federal Trade Commission. The other thing you can do is to report specific types of cons to the relevant bureaus and organizations, helping them spread the word faster and to a greater extend.

In this regard, you can contact the Internet Crime Complaint Center or IC3 to report internet crime, including scam cryptocurrency websites, email blackmailing attempts, and vice versa. You should also consult eConsumer to report global online scams. This website works as a worldwide partnership of consumer protection agencies, where you can report fraudulent crypto websites, fake giveaways, romance scams, Nigerian princes, and similar.

Make sure to report any scams as to cryptocurrency on social media via the ‘report’ button on the most social media websites. You can also spread the word by sharing your experience with other social media users to help them prevent from falling for a scam. In addition to the above, some other tips can aid you to protect yourself and your hard-earned money against online frauds, including fake cryptocurrency websites.

Use a cold wallet to participate and make sure to double-check the recipients’ addresses. Do not try new websites unless they are reputable and have reliable user reviews on the internet. It is always a safe-play to stick to reputable and established cryptocurrency service providers and platforms. Make sure to use 2-factor authentication for whatever transaction and communication you carry out. Lastly, never risk your private key by sharing them with any other user.

 

 

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Press Release

Loadit Unveils Interactive MVP and Files Sweeping Unified Financial Rail Patent

Published

2 weeks ago

on

November 27, 2025

By

Patent-Pending Architecture Covers AI Routing, Offline Transactions, Temporal Settlement, and Energy as Native Money

Loadit today launched its public interactive MVP at https://mvp.loadit.net and simultaneously filed a landmark non-provisional patent application that consolidates ten previously separate financial rails into one unified, interlocking system.

The newly filed patent (application titled “Loadit Unified Financial Rail”) is now officially patent-pending with the USPTO and covers the entire Loadit technology stack, including:

• AI-orchestrated multi-rail routing (AERO)

• Identity-verified offline transactions (IVOR)

• Temporal programmable settlement (TSM)

• Energy-native monetary units backed by verifiable kWh/MJ (ENM)

• Quantum-optimized path selection and key management

• Universal value conversion across cash, card, fiat, crypto, stablecoins, and tokenized assets

• Geo-temporal compliance engine

• Self-healing fault-tolerant architecture

• Multi-reality (AR/VR/BCI) transaction interfaces

• Point-of-sale cash-to-crypto ingestion with zero new hardware

The live MVP at https://mvp.loadit.net lets anyone explore every patented layer in real time: watch the AI engine score and select rails, trigger an offline biometric transaction, lock in retroactive or future settlement prices, and convert dollars into spendable tokenized kilowatt-hours backed by real metered energy.

A companion site at https://loadit.net showcases the simplest merchant use case: any existing checkout counter becomes a crypto on-ramp in seconds using just a printed QR code.

“Most projects solve one piece of the puzzle. We just patented the entire operating system in one filing,” said Colt Trudell, founder and sole inventor. “The MVP is public today so the world can see exactly how Loadit turns decades of fragmented payment and energy infrastructure into a single coherent rail.”

Loadit is now actively seeking investors as it prepares to scale its unified financial rail into global retail, fintech, and energy markets.

About Loadit

Loadit is building the unified settlement layer for cash, cards, crypto, and energy. One architecture. Zero hardware lock-in. Patent-pending worldwide.

https://mvp.loadit.net – full interactive demo

https://loadit.net – merchant on-ramp

colt@loadit.net

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Blockchain

LYNK Emerges as Community-First Token on Solana Following Contract Swap

Published

1 month ago

on

November 1, 2025

By

LYNK reintroduces itself after a 1:1 contract migration, touting locked supply and community governance as it seeks traction within the Solana ecosystem.

LYNK (ticker: LYNK), a community-focused token on the Solana chain, returned to the market this week after completing a 1:1 contract swap. CoinMarketCap lists the token at roughly $0.0034 with a reported market cap near $797,500 and 24-hour volume of about $17,500, reflecting significant short-term volatility typical of newly relaunched community tokens.

Built and marketed as a community-driven project, LYNK positions itself as “more than just a meme coin,” emphasizing transparency, holder participation and education. The project page notes that roughly 76.64% of the supply is locked for 12 months, a detail the team highlights as a stability measure designed to align incentives and limit immediate sell pressure. CoinMarketCap shows a total supply of about 999.89 million LYNK, with a self-reported circulating supply of 233.53 million.

Technical and market notes on the CoinMarketCap listing indicate the token sits in the Solana ecosystem and is tagged with community-oriented categories. The page also flags the recent contract migration — an important operational step that can affect exchange listings, wallet compatibility and on-chain tracking. Explorers linked from the listing point to Solana network records for both the old and new contracts.

Community signals on the listing point to a small but active holder base; CoinMarketCap displays about 290 holders at the time of publication. That modest holder count, coupled with a high short-term price swing, signals that LYNK remains an early-stage token where liquidity and distribution are still evolving.

For readers tracking new Solana projects, the LYNK listing is worth noting for its combination of a large proportion of locked tokens, a recent 1:1 contract migration and an explicit community-first narrative. These elements will likely shape how the token is stewarded and traded in the coming months.

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Press Release

Qtum Ally Brings 12 AI Models and MCP Together in One Secure Desktop Application

Published

1 month ago

on

October 30, 2025

By

The Qtum Foundation today announced the launch of Qtum Ally, a next-generation desktop AI agent designed to move beyond basic conversational tools toward true intelligent automation.

Unlike most cloud-based assistants, Ally runs directly on Windows and Mac, giving users greater privacy, performance, and control. Built on the Model Context Protocol (MCP), a universal interface standard that enables AI systems to interact with external data and tools, Ally provides seamless integration and coordination between multiple AI models.

With access to 12 leading large language models (LLMs) preloaded, Ally allows users to build advanced, multi-model workflows, host their own models, and connect MCP servers, all within a single, easy-to-install desktop app.

You can download Qtum Ally for Windows or Mac here: https://qtum.ai/download

“Qtum Ally makes productivity about orchestration, not overload,” said Miguel Palencia, Co-Founder of Qtum. “By bringing multiple LLMs into one refined workspace powered by MCP, we give users real control and simplicity. Ally eliminates clutter and turns AI into a genuine performance multiplier.”

Actionable AI Beyond Chat

Qtum Ally fully supports the Model Context Protocol (MCP), enabling AI models to do more than generate text – they can perform coordinated actions.

MCP functions like the “USB-C of AI,” a universal connector allowing models to share data and issue commands across software tools, APIs, and online services.

Using Ally’s built-in MCP hosts and servers, users can automate multi-step workflows, combine different AI models for reasoning, planning, and execution, and complete tasks with minimal input – for example, locate available rentals, generate a presentation, and automatically send it by email.

Ally comes pre-configured with several MCP hosts and lets users easily add more. Each host provides specific functions to connect local databases, APIs, or online data sources, turning Ally into a customizable automation hub.

Desktop Control and Data Privacy

Qtum Ally runs locally, not in the cloud, ensuring data privacy, transparency, and control. It operates natively on Windows and macOS, runs offline for secure and consistent performance, and collects no personal information beyond what is required by the models themselves.

This local-first design aligns with Qtum’s long-standing principles of user independence, decentralization, and open standards.

Access Premium AI for Free

Qtum Ally is free to download and use, and for a limited time, users can enjoy complimentary access to premium features from top models such as ChatGPT-5, Qwen, DeepSeek, Claude, and Gemini.

Download Qtum Ally directly from the official Qtum GitHub repository:

https://github.com/qtumproject/ai-agent/releases/tag/v0.0.6

About Qtum

Founded in 2017, Qtum is a hybrid blockchain platform that merges Bitcoin’s UTXO stability with Ethereum’s smart contract flexibility. Powered by Proof-of-Stake consensus, Qtum operates as a fully decentralized network listed on major exchanges such as Binance, Kraken, Upbit, OKX, and Huobi.

Qtum has delivered nearly 50 core updates since inception and continuously integrates advancements from both Bitcoin and Ethereum. In March 2024, the foundation expanded into AI through the acquisition of a large-scale NVIDIA GPU farm. Qtum Ally represents the next step in this initiative, with upcoming plans to integrate the Qtum blockchain token directly into the Ally platform.

For media inquiries:

foundation@qtum.org

See Also:

https://qtum.org

https://github.com/qtumproject/ai-agent

https://coinmarketcap.com/currencies/qtum

https://www.binance.com/en/trade/QTUM_USDT?type=spot

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