HAMPSHIRE, UK / ACCESSWIRE / August 25, 2021 / Tungate, the leading company in the fraud-preventing industry, is proud to announce the launch of its latest system, which will help clients prevent, detect, and investigate fraud online.

Cryptocurrencies usually exist only in electronic form. Transactions involving cryptocurrencies are usually conducted online without the involvement of third parties such as banks. These transactions rely on blockchain technology, which provides some form of anonymity and makes the system difficult to hack. Blockchain technology is more secure than ordinary electronic transactions. However, as with anything else involving money, scams exist. Fraudsters take advantage of every opportunity to cash in and steal money. Their greatest tool remains the ignorance of unsuspecting people.

As the cryptocurrency space continues to grow, scammers have come up with more sophisticated ways to scam. Here are some crypto scams to watch out…

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