Bitcoin Atom(BCA)

[PRESS RELEASE – Alpharetta, USA, November 7th, 2023] “Just like there’s a possibility and time for loss, there’s always time for recovery” – Jenny Brown, head of the Recovery Technical Team at BCA. Broker Complaint Alert (BCA) Celebrates 3 Remarkable Years of Helping Victims of Crypto Scams Recover Their Lost Crypto. Broker Complaint Alert (BCA) […]

Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to Victims Worldwide

Venture capital firm Blockchain Capital, fell victim to a sophisticated phishing scam after its social media account on X, previously known as Twitter, was hijacked. The perpetrators posted a series of fraudulent messages on August 9, promising a giveaway of “BCAP” tokens. They provided a link to a fake website closely resembling Blockchain Capital's original site, intending to deceive users into linking their cryptocurrency wallets. The fraudulent website had a minor alteration in its URL, adding an extra 'n', a detail easily missed by unsuspecting users. The scam strategy also involved a sense of urgency by stating the giveaway would only be available for a day, aiming to exploit the fear of missing out. Notably, to prevent potential exposure, the comments section was deactivated, inhibiting users from flagging the scam. Prompt action from informed members of the blockchain community led to the swift identification of the deceit. Blockchain Capital reestablished control over its account within hours, removing the misleading posts. This cyber intrusion follows a broader pattern of scams in the crypto space, as highlighted by the Federal Bureau of Investigation (FBI) recently. The agency issued a warning about the increasing instances of criminals posing as non-fungible token (NFT) developers. These fraudsters hack into high-profile social media accounts, falsely advertising new NFT releases. Victims are directed to counterfeit websites where, once their crypto wallets are linmked, funds are syphoned using malicious smart contracts. According to the FBI, stolen tokens are then laundered through multiple cryptocurrency mixers and exchanges, obfuscating their tracks. The Blockchain Capital breach echoes a similar incident from April involving the crypto exchange platform, KuCoin. Its social media account was compromised, leading to a fake giveaway scam resulting in a loss of over $22.6K in cryptocurrency. In response, KuCoin assured full compensation to the impacted customers and emphasized the continued security of assets on its platform. Changpeng “CZ” Zhao, CEO of Binance, a global cryptocurrency exchange, recently warned of the uptick in such phishing attacks and advised the community against using text message-based two-factor authentication. Instead, he recommended more secure methods like hardware devices. With the frequency and sophistication of these cyber-attacks on the rise, stakeholders within the cryptocurrency domain remain on high alert, reinforcing the necessity for enhanced digital security measures. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Venture capital firm Blockchain Capital, fell victim to a sophisticated phishing scam after its social media account on X, previously known as Twitter, was hijacked. The perpetrators posted a series of fraudulent messages on August 9, promising a giveaway of “BCAP” tokens. They provided a link to a fake website closely resembling Blockchain Capital's original site, intending to deceive users into linking their cryptocurrency wallets. The fraudulent website had a minor alteration in its URL, adding an extra 'n', a detail easily missed by unsuspecting users. The scam strategy also involved a sense of urgency by stating the giveaway would only be available for a day, aiming to exploit the fear of missing out. Notably, to prevent potential exposure, the comments section was deactivated, inhibiting users from flagging the scam. Prompt action from informed members of the blockchain community led to the swift identification of the deceit. Blockchain Capital reestablished control over its account within hours, removing the misleading posts. This cyber intrusion follows a broader pattern of scams in the crypto space, as highlighted by the Federal Bureau of Investigation (FBI) recently. The agency issued a warning about the increasing instances of criminals posing as non-fungible token (NFT) developers. These fraudsters hack into high-profile social media accounts, falsely advertising new NFT releases. Victims are directed to counterfeit websites where, once their crypto wallets are linmked, funds are syphoned using malicious smart contracts. According to the FBI, stolen tokens are then laundered through multiple cryptocurrency mixers and exchanges, obfuscating their tracks. The Blockchain Capital breach echoes a similar incident from April involving the crypto exchange platform, KuCoin. Its social media account was compromised, leading to a fake giveaway scam resulting in a loss of over $22.6K in cryptocurrency. In response, KuCoin assured full compensation to the impacted customers and emphasized the continued security of assets on its platform. Changpeng “CZ” Zhao, CEO of Binance, a global cryptocurrency exchange, recently warned of the uptick in such phishing attacks and advised the community against using text message-based two-factor authentication. Instead, he recommended more secure methods like hardware devices. With the frequency and sophistication of these cyber-attacks on the rise, stakeholders within the cryptocurrency domain remain on high alert, reinforcing the necessity for enhanced digital security measures. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Geneva, Switzerland, June 7th, 2023, ChainwireJust over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, contingent upon the fulfillment of the project team to successfully deploy their dApp on either the TRON blockchain or BitTorrent Chain MainNets by June 1, 2023.There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly tracks. Five from each track were selected by an esteemed panel of judges as the most promising projects, and each was given 30% of their respective prize when results were announced on May 15.Judge-Selected Top FivesFirst place in each of the judge-selected tracks receives 20,000 USDD, with second place receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively.The new Builder track recognized teams returning to the hackathon that have made significant updates to their projects. The ones who completed their blockchain deployment milestone were, in order of selection:“Farming-as-a-Service” project by Elk FinanceGalaxy Throne by Galaxy ThroneJustMoney Spot by JustMoneyTronNRG by TronNinjasTronQL by TronQLThe Eco-Friendly track showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative. The ones who completed their blockchain deployment milestone were, in order of selection:EcoMarket by EcoMarketMusiCoinCity by ElfWebCarboEx by CarboExForGreen by ForGreenBlockForest by BlockForestThe projects from the DeFi track that completed their blockchain deployment milestone were, in order of selection:Ergon by USTXCloak by CloakMyFend by Fend GroupSorrel Banq by Paracosm LabsSwirl Ads by Team SudoThe projects from the NFT track that completed their blockchain deployment milestone were, in order of selection:BobbyBot.Trade by SteamSamhita DAO by HeritageSpeakSealKey by TRONNuggetzThe projects from the GameFi track that completed their blockchain deployment milestone were, in order of selection:Duelers from TRONJoyRevoluTRON by Irruption LabCukies: Rush & Run by Cukies WorldThe projects from the Web3 track that completed their blockchain deployment milestone were, in order of selection:TrustSight by The TRONaclesDaren Market by Daren MarketTronSave by TronSaveProvyLens by LensCraftersYinbox by Jeffrey LewisAs mentioned above, the initial judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective track on May 15, 2023. They were given until June 1, 2023, to deliver a functional, decentralized application on either the TRON or BitTorrent Chain MainNets in order to receive the remainder of their prize. The projects mentioned above successfully completed this requirement.Community Forum Top FivesThe TRON DAO Forum community voted to select “community” winners, as well. Read about who the community forum selected as the top five projects from each track on the TRON DAO blog.This season, there were also three bonus prizes for the best performances in project engagement, determination, and community contribution. The ten recipients of the community contribution prize were announced on May 15, 2023. The winners of the project engagement prizes and determination prizes were finalized on June 1, 2023, and they are:Season 4 PROJECT ENGAGEMENT Prize Recipients (3,000 USDD per prize):Zombieland by Team ZombieOnChain Vision by OnChainDevSeason 4 DETERMINATION Prize Recipients (5,000 USDD per prize):Bird Catcher Game by Team HunterUjjo Wallet by Why Not?Classic Chords by ChordiansThe TRON DAO team is thrilled with the quality of projects from Season 4 of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON. Learn more about all that’s happening across the TRON ecosystem at TRONDAO.org.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 164.8 million total user accounts on the blockchain, more than 5.78 billion total transactions, and over $12.3 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]

Geneva, Switzerland, May 16th, 2023, ChainwireThe TRON DAO team, community representatives of the TRON blockchain platform, revealed the results for the fourth season of their popular HackaTRON competition. 500,000 USDD, a TRON-based decentralized, overcollateralized, multi-chain stablecoin, will be shared among the top projects. Judge-selected qualifiers will also be given application accessibility to TRON DAO Ventures and Huobi Ventures for potential capital funding.There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly categories.“Our thriving community's incredible talent and innovation were on full display for this season’s HackaTRON,” said Ejaz Merchant, Developer Lead with TRON DAO. “I want to express my gratitude to all the outstanding projects who submitted, all the partners, and the committed community members who made this event a success. Together, we are expanding blockchain technology's potential and promoting a cooperative, self-maintained ecosystem.”Judge-Selected Top FivesFirst place in each of the judge-selected categories receives 20,000 USDD, with second place entries receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively.The new Builder category recognized teams returning to the hackathon that have made significant updates to their projects. First place this season went to the “Farming-as-a-Service” project by Elk Finance. This update to Elk Finance’s customer offerings will “allow everyone to harness the most advanced farming contracts in DeFi.” The projects that placed second through fifth in the Builder track were:Galaxy Throne by Galaxy ThroneJustMoney Spot by JustMoneyTronNRG by TronNinjasTronQL by TronQLIn the Eco-Friendly track, which showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative, first place went to Ecomarket, an open marketplace for procuring used and recycled plastics. EcoMarket wants to build a platform that incentivizes recycling and clean storage of used plastics, while providing companies with reliable and transparent sources of recycled materials. The projects that placed second through fifth in the Eco-Friendly category were:MusiCoinCity by ElfWebCarboEx by CarboExForGreen by ForGreenBlockForest by BlockForestThe DeFi category was topped by Ergon. This project’s goal is to simplify user access to TRON Stake 2.0, providing savings on transaction fees by renting energy while earning by staking TRX. The projects that placed second through fifth in the DeFi track were:Cloak by CloakMyFend by Fend GroupSorrel Banq by Paracosm LabsSwirl Ads by Team SudoIn the NFT track, judges selected BobbyBot.Trade for first place. This decentralized application will allow users and players to trade their virtual assets (NFTs) on Steam-based games, such as Team Fortress and Counter Strike, for TRX, USDT, and USDD on TRON. The projects that placed second through fifth in the NFT category were:Evoie by EvoieSamhita DAO by HeritageSpeakSealKey by TRONNuggetzWine Vault by Wine VaultThe GameFi category was led by Duelers from TRONJoy. Players can choose “duel” or “tournament” mode to engage, create, and conquer the TRON community in the ultimate GameFi showdown! The remaining top five included:RevoluTRON by Irruption LabtheRevolt by Spirit-TowerCukies: Rush & Run by Cukies WorldMETASENS by METASENSIn the Web3 track, first place went to TrustSight by The TRONacles. Their project’s goal is to increase decentralized trust on the TRON blockchain via user reviews. It is essentially a crowdsourced reputation platform for on-chain actors, enabling TRON users to navigate the ecosystem securely and confidently. The projects that placed second through fifth in the Web3 category were:Daren Market by Daren MarketTronSave by TRONSAVEProvyLens by LensCraftersYinbox by Jeffrey LewisThe judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective category on May 15, 2023. They have until June 1, 2023 to deliver a functional, decentralized application onto either the TRON or BitTorrent Chain MainNets in order to receive the remainder of their prize.Feroz Lakhani, Enterprise Lead with TRON DAO, commented, “This season has been the best yet! I'm really looking forward to connecting more deeply with some of the projects focused on environmental sustainability, as it aligns with our focus on being as eco-friendly as possible. For fun, I also love ‘quality testing’ all of the GameFi projects. That's what my next few weekends will be dedicated to, and I can't wait!”Community Forum Top FivesThe HackaTRON Community Forum voted to select “community” winners, as well. Here are the top five from each category:Web3CryptoDo by CryptoDoProvyLens by LensCraftersZkTickets by ZKP Tech SolutionsBlockMenu by BlockMenuYinbox by Jeffrey LewisDeFiErgon by USTXSwirl Ads by Team SudoSorrel Banq by Paracosm LabsUpDawg by uDawgDAOCloak by CloakGameFiCukies: Rush & Run by Cukies WorldDuelers by TronjoyRevoluTRON by Irruption LabWorlds Hardest Maze by WHMtheRevolt by Spirit-TowerNFTTNS Domains by SolidityGodsTNFT Maker by CubieWine Vault by Wine VaultTronGallery by TronGalleryEnergyNFTs by TRONArmyBuilderJustMoney Spot by JustMoneyTuruVerse by TuruGlobalTronNRG by TronNinjasDeba's Wulf Pack by The PackCukies World Metaverse by Cukies WorldEco-FriendlyTronPower by Lomotey JosephineAurorAqua by AuroraMusiCoinCity by ElfWebCarboEx by CarboExEcoDAO by EcoDAOThis season, there were also three bonus prizes for the best performances in project engagement, determination, and community contribution. The project engagement and determination prizes will be announced on June 1, 2023. The community contribution prize recipients included Akainuu, antonio, fabsltsa, Gordian, HODL, manfred_jr, Nana66419, nweke-nature1, Prince-Onscolo, and Youngyuppie. Each selected community contributor will receive 500 USDD.The TRON DAO team is thrilled with the quality of projects from Season 4 of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON. Learn more about all that’s happening across the TRON ecosystem at TRONDAO.org.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2023, it has over 160.0 million total user accounts on the blockchain, more than 5.58 billion total transactions, and over $12.2 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]

In a big blow to Canadian users, dYdX has announced that its decentralized derivatives exchange would no longer be accessible to users in Canada. According to the platform, trading support for customers will end on the 14th of April, 2023. Canadian Operations On Ice In a blog post published on its website, dYdX stated that new users would not be able to join the platform, and trading support for existing customers would cease in a week. “On April 7th at 17:00 UTC, dYdX will no longer allow new users located in Canada to onboard to the exchange. As part of the wind down process, we want to provide existing Canadian users ample time to manage and close their positions on dYdX. Therefore, existing users will be able to continue to execute trades on our platform for one week.” It also stated that the platform would be moving all existing users that fall under Canadian jurisdiction to “close-only” mode. However, users would retain the ability to withdraw their funds at any given time. “On the 14th of April at 17:00 UTC, dYdX will move all existing users in Canada to close-only mode, and users will maintain the ability to withdraw funds from the protocol at any time.” Crippling Regulatory Environment On the question of why the exchange has decided to shutter its operations in Canada, the exchange cited a highly unfavorable regulatory environment. Canada has, in recent times, adopted a highly restrictive approach to cryptocurrency exchanges and operations based in Canada. The collapse of the Sam Bankman-Fried-led FTX further exasperated this. Canadian regulators are expected to release updated regulatory guidance in the near future. The dYdX team stated, “As always, dYdX is committed to providing transparency around product decisions and democratizing access to financial opportunity. We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country.” Canadian regulators had recently announced further restrictions on cryptocurrency exchanges operating in Canada. This included restrictions on the registration requirements of these exchanges. The rules stated that Canadian clients could not be allowed to enter into crypto contracts to purchase or sell any crypto asset that could qualify as a security or derivative. dYdX had recently come under considerable flak thanks to a promotion offered by the derivatives exchange. Under the promotion, users could get a $25 bonus for confirming their identity via webcam. Critics called the program a bait for more information. The exchange eventually shuttered the program, citing high demand rather than acknowledging privacy concerns. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a big blow to Canadian users, dYdX has announced that its decentralized derivatives exchange would no longer be accessible to users in Canada. According to the platform, trading support for customers will end on the 14th of April, 2023. Canadian Operations On Ice In a blog post published on its website, dYdX stated that new users would not be able to join the platform, and trading support for existing customers would cease in a week. “On April 7th at 17:00 UTC, dYdX will no longer allow new users located in Canada to onboard to the exchange. As part of the wind down process, we want to provide existing Canadian users ample time to manage and close their positions on dYdX. Therefore, existing users will be able to continue to execute trades on our platform for one week.” It also stated that the platform would be moving all existing users that fall under Canadian jurisdiction to “close-only” mode. However, users would retain the ability to withdraw their funds at any given time. “On the 14th of April at 17:00 UTC, dYdX will move all existing users in Canada to close-only mode, and users will maintain the ability to withdraw funds from the protocol at any time.” Crippling Regulatory Environment On the question of why the exchange has decided to shutter its operations in Canada, the exchange cited a highly unfavorable regulatory environment. Canada has, in recent times, adopted a highly restrictive approach to cryptocurrency exchanges and operations based in Canada. The collapse of the Sam Bankman-Fried-led FTX further exasperated this. Canadian regulators are expected to release updated regulatory guidance in the near future. The dYdX team stated, “As always, dYdX is committed to providing transparency around product decisions and democratizing access to financial opportunity. We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country.” Canadian regulators had recently announced further restrictions on cryptocurrency exchanges operating in Canada. This included restrictions on the registration requirements of these exchanges. The rules stated that Canadian clients could not be allowed to enter into crypto contracts to purchase or sell any crypto asset that could qualify as a security or derivative. dYdX had recently come under considerable flak thanks to a promotion offered by the derivatives exchange. Under the promotion, users could get a $25 bonus for confirming their identity via webcam. Critics called the program a bait for more information. The exchange eventually shuttered the program, citing high demand rather than acknowledging privacy concerns. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.