Press Release
Got Scammed on a Cryptocurrency Website – How to be Vigilant of Scam Service Providers
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.
ABC Conclave Dubai 2024, the world’s largest Web3 conclave, has successfully wrapped up as it brought together innovators, thought leaders, and enthusiasts from AI, Web3, and gaming. The event, held on October 11-12, 2024, at the luxurious SO/ Uptown Dubai, attracted over 3,500+ attendees, including 100+ top industry speakers, 1,000+ blockchain developers, and 500+ Web3 founders, to explore blockchain, AI, Web3, and gaming.
Under the theme “Future Fusion: Uniting AI, Web3, And Gaming,” this year’s event showcased groundbreaking insights, collaborative discussions, and the latest advancements that promise to redefine the digital landscape. Supported by the Private Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum and the Private Office of His Highness Sheikh Ahmed Bin Faisal Al-Qasimi, this conclave highlighted the importance of cross-industry partnerships and innovation.
This year’s conclave has set a new standard for industry collaboration and innovation with Tenset as the title sponsor, attendees experienced a rich agenda featuring 25+ insightful seminars, inspiring keynote speeches, A prestigious Awards Night celebrating the visionaries and pioneers who have made outstanding contributions to the industry and immersive workshops, panel discussions, hackathon, workshops led by industry experts who delved into the potential of decentralized technologies, artificial intelligence, and immersive gaming experiences.
The conclave also sheds light on integrating Web3 technologies into gaming, illustrating how decentralized gaming platforms are set to revolutionize user engagement and ownership. Discussions emphasized the role of AI in enhancing user experiences. The event also featured live demonstrations of innovative gaming applications powered by AI and blockchain, allowing participants to experience these technologies’ potential firsthand. Networking opportunities were abundant, with many attendees forging valuable connections that could lead to future collaborations in the ever-evolving tech landscape.
Dunston Pereira, Chief Executive Officer,Private Office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi; “Shaping the future of blockchain and digital assets in Dubai is a collective effort that requires collaboration, innovation, and commitment. The journey we embark on today is not just about technology; it is about building a better future for our people. As we move forward, let us embrace the possibilities that lie ahead and work together to create a thriving digital economy. The UAE is poised to leverage these technologies to elevate public services, empower entrepreneurs, and accelerate our transformation into a global digital hub”.
Mat Milbury, CEO, Tenset; on his keynote. “I’ve watched projects fall apart because they didn’t know the landscape and I’ve seen projects succeed beyond expectations because they know exactly which trivial mistakes to avoid’’
Yat Siu, Co-Founder and Chairman, Animoca Brands; “The world is currently divided into the top 1% and the bottom tier, with 90% or more people at the bottom. This divide is reshaping politics and leading to discussions about socialism. However, the physical world, particularly in the token world, is experiencing growth, with projects like bitcoin, Ethereum, and altcoins experiencing significant growth. This trend is evident in the industry of web3 and other digital currencies, which have been around for years.”.
Steve Good, CEO, Dreams Quest; “DreamsQuest has been creating content that combines dreams and reality to help people see the world differently. The founder believes that all humans have a purpose and mission, and two fundamental truths are true for all: our spirit yearns for freedom, and our souls desire a deeper connection. DreamsQuest aims to fulfill these two fundamental truths by helping people reach the same objective, focusing on the spirit’s yearning for true freedom and the soul’s hunger for a deeper connection”.
The event also focused on other key topics such as:
- How Tokenization Can Reshape Capitalism and Bring New Opportunities
- Gaming Initiative 2033: The Future of Gaming in the UAE
- AI x DeFi and the Future of Crypto Trading
- Next-Generation Wallets: Paving the Way for Mass Crypto Adoption in Dubai
- Meme Economy: Leveraging Internet Culture to Fuel Dubai’s Digital Market
- CBDCs and Digital Currencies: Dubai’s Role in Shaping the Future of Money and many more.
ABC Conclave Dubai edition featured an exceptional lineup of speakers who delivered groundbreaking insights during the event on 11 -12, Oct ‘24:
- Dunston Pereira, Chief Executive Officer, Private Office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi
- Mohammed Yaseen, Founder, Esports & Gaming Association
- Yat Siu, Co-Founder and Chairman, Animoca Brands
- Alexandre F., Chief Partnership Officer, SwissBorg
- Matthias Sheikh Mende, Visionary Founder, Bonuz / Dubai Blockchain Center
- Naeem Aslam, CIO at Zaye Capital Markets | Columnist At NASDAQ, CNN
- Serena Sebastiani, Senior Director – Financial Services Advisory, PwC Middle East
- Arslan Kiran, Head of Growth, The Sandbox – Turkey/Germany/MENA
- Amnah Ajmal, Group Executive-Merchants & Commerce, Digital Partnerships & Fintechs, Public Sector, Strategy, M&A, Mastercard
- Saed Ereiqat, Co-Founder, ICP HUB GCC
- Alex Chehade, e2x Ventures, Ex – Binance MENA, Founder, General Manager
- Ajeet Khurana, Founder, Reflexical
- Marcello Mari, Founder and CEO, Singularity DAO
- Geoff Mcalister, Co-Founder, Crypto Risk Office
- Ravikant Agrawal, Polygon Labs, Director of Growth
- Arpit Sharma, COO, PWR Labs
- Kevin Raham Soltani, Founder & CEO, GIMA Group, Inc
- Stefano Virgilli, Technology and Communication
- Saloi Benbaha, Head of XDC Network Enterprise Alliance & Ventures, XinFin Powering XDC Network
- Amalia Grochal, Founder and CEO, MIRAI DAO
- Anton Golub, Founder, SwissAssetDA
- Cal Evans, Managing Associate, Gresham International
- Brent Fulfer, Principal, Blockchain Founders Fund and more.
ABC Awards – Dubai ’24 winners include:
| 1 | Mastercard | Best Enterprise Adoption of Web3 |
| 2 | PwC Middle East | Excellence in Blockchain Advisory Services |
| 3 | Private Office Of His Highness Sheikh Hamdan Bin Mohammed Al Maktoum | Futuristic Technology Advocate Award |
| 4 | Private office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi | Innovative Contribution to Digital Transformation |
| 5 | XDC Network | Leader in Hybrid Blockchain Solutions |
| 6 | CNN Business Arabia | Best Fintech Media |
| 7 | Bitget | Best Crypto Exchange |
| 8 | Al Shamshi | Best Legal Advisor for Business Structuring & Corporate Litigation in Web3 |
| 9 | DVerse | Best Marketing Agency |
| 10 | EGA | Best Gaming/Esports Company |
| 11 | EcoBlox | Excellence in AI and Blockchain |
| 12 | Wisdomwise | Best AI Trading Platform |
| 13 | Dubai Future District Fund | Ecosystem Leadership Award |
| 14 | Hacken | Blockchain Security Auditor of the Year |
| 15 | Finance Middle East | Leading Magazine Partner for Financial Innovation and Web3 |
“We are thrilled with the success of this year’s ABC Conclave,” said Kirubakaran Reddy, Founder of ABC Conclave & AlphaBlockz. “The energy, innovation, and collaboration we witnessed reaffirm that Web3, AI, and gaming are not just shaping the future—they are the future. This conclave is more than an event; it’s a movement driving real-world impact, fostering groundbreaking ideas, and uniting visionaries who are building the next digital frontier.”
The Dubai edition of the ABC Conclave ‘24 was supported and sponsored by:
Supported by:
Title Sponsor: Tenset
Powered by: Gora
Legendary Sponsors:
Epic Sponsors:
Rare Sponsors:
Official Media Partner:
Official PR Partner:
Exclusive Talkshow Partner
Innovation Partner:
Association Partner:
About ABC Conclave
ABC Conclave 2024, hosted by AlphablockZ, aims to reach a global audience within the crypto community through dynamic social interactions. It promises an exceptional lineup of esteemed Speakers, cutting-edge Projects, and esteemed Partners.
The event, hosted in Dubai and Bangkok, brings together visionaries, industry leaders, and entrepreneurs to discuss blockchain, cryptocurrency, and fintech. The Conclave serves as a catalyst for change, fostering knowledge exchange, debate, and shaping the future of cryptocurrencies. The primary goal is to ignite conversations about the potential of cryptocurrencies and accelerate their adoption worldwide. The event will be promoted through various platforms and influencer collaborations.
For more information, visit: https://www.abcconclave.com
For further details about the announcement, please contact:
Jagriti Jaiswal
CGO | Head of Partnerships
ABC Conclave
info@abcconclave.com
As a global pioneer in the payments industry, KUN is proud to participate as a sponsor at Hong Kong Web3 Festival 2025, joining Web3 users, industry leaders, and technology experts from around the world to discuss the future of blockchain technology and digital payments. As a sponsor for the second consecutive year, we look forward to sharing KUN’s practical experience and innovative achievements in Web2+Web3 cross-border payment solutions. We are also eager to engage with partners from various sectors to explore new opportunities that empower the global economy.
KUN (KUN.global) is an innovative digital payment technology company based in Hong Kong and Singapore, built on Web2+Web3 payment licenses and compliance systems. Its business spans emerging markets in Asia, Africa, and Latin America. The company primarily provides secure, convenient, and efficient one-stop digital payment solutions for enterprises and individual clients in cross-border trade, overseas services, and the Web3 industry. KUN is dedicated to building the next-generation global digital payment network for the future.
KUN has developed three core product lines:
- KUN.crypto: The Stablecoin Payment and Management Platform
- PayX: The One-Stop Payment Service Provider for Emerging Markets
- K-Card: Your Reliable Card Solutions Partner
KUN depends on technological innovation and compliance, empowering businesses to tackle the challenges of cross-border payments and digital asset management while driving the healthy development of the industry.
We look forward to seeing you at Hong Kong Web3 Festival 2025 and embarking together on an exciting journey toward the future of Web3!
Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en
MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing the cause of freedom, has positioned MAGAVERSE as a serious player in both the cryptocurrency world and the political landscape.
This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff Bezos, sending a powerful message of gratitude and dedication from the MAGAVERSE community.
The impact of this donation has been felt far and wide, as MAGAVERSE has garnered national attention and earned a special place in Washington D.C.’s prestigious events this week. Members of the MAGAVERSE team are attending inaugural galas and official balls as special guests, further solidifying their reputation as key players in the crypto and political spheres.
“They are the talk of the town,” a prominent DC insider commented. “Meme coins have traditionally been underestimated, but MAGAVERSE’s $1M donation has changed the narrative. People are now recognizing the influence and vision of this innovative group.”
A Bright Future for $MVRS
The official ticker for MAGAVERSE, $MVRS, is experiencing newfound momentum as MAGA influencers and crypto enthusiasts flock to join the project. With whispers of major announcements on the horizon, the MAGAVERSE core team has hinted at exciting developments that promise to reshape the community and expand its reach.
This milestone donation demonstrates the growing impact of the MAGAVERSE community and the project’s commitment to both political and financial innovation. As the nation watches, MAGAVERSE continues to prove that meme coins are more than a trend – they are a force to be reckoned with.
For more information about MAGAVERSE, visit https://mvrs.wtf/.
Follow their journey on social media at:
Twitter: https://x.com/mvrs
ABC Conclave Dubai 2024: Pioneering the Next Wave of AI, Web3, and Gaming
KUN confirmed as Primary Exhibition Sponsor of Hong Kong Web3 Festival
MAGAVERSE Shakes the Crypto World with $1M Donation to Trump-Endorsed Organizations
Paul CHAN Mo-po, Vitalik Buterin among the Top Speakers at Hong Kong Web3 Festival 2025
BlockOn and XDC Network Launch XDC Web3Preneur AccInvest, a Co-Accelerate Program Backed by Investment from XVC Tech’s $125 Million Fund
DMCC AND REIT DEVELOPMENT UNVEIL LANDMARK CRYPTO TOWER IN JLT
Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano
P2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
WOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
Project Quantum – Decentralised AAA Gaming
WOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
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