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Scammers and Skeptics Are Strangling the Future of Digital Money

Bitcoin devotees and other cryptocurrency fans say that math gives their radical ideas so much potential. But starting a new value system also requires a level of faith in the people using the math. As “shitcoin” scams pile up, it’s becoming clear that new currencies need trust, too. And they don’t have it. » 4/07/15 11:00am 4/07/15 11:00am

Mars One Is Broke, Disorganized, and Sketchy as Hell

Remember Mars One? The mega-hyped, one way ticket to go start a colony on Mars assuming it could get a ship and funding and capable colonists and training facilities and the major technological advances necessary to make it all happen? Surprise! According to one finalist, the whole thing is pretty much a scam. » 3/16/15 2:40pm 3/16/15 2:40pm

Beware: Anthem Hack Victims Are Getting Bombarded by Phishing Scams

Just a few days ago, Anthem, the second-largest health insurer in the country, revealed that it had been the victim of a massive security breach, potentially exposing the highly sensitive data of up to 80 million customers. And things just got worse. Now, both current and former customers are being hit with phishing… » 2/06/15 3:43pm 2/06/15 3:43pm

The Simplest Way to Stop Crowdfunding Scams

I wish I could say that crowdfunding was hitting a rough patch. What with all the scams and impossible projects gracing the various platforms' hallowed halls, that's what should be happening. And yet! Creators continue to promise beyond their means, and we keep burying them with cash. Thankfully, though, Indiegogo may… » 12/02/14 1:10pm 12/02/14 1:10pm

Even the 19th Century Had Needy Nigerian Prince Scams

We've all received that email at least once before. A kind prince/princess/spambot in Nigeria has millions of dollars, and better yet, they want to split it with you. Just hand over your social security code and wait for them to arrive on American soil. As the above newspaper clipping shows, these types of scams were… » 11/14/14 5:27pm 11/14/14 5:27pm