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👀 Influencer Scams: One More Thing To Worry About?

The 5 best crypto stories on Blockdesk brought directly to your inbox.

Hey Blockster, Fancy some reading? We hope you are, as we have some amazing crypto stories to share. 😉   On this occasion, we have collected the 5 best articles that were trending on Blockdesk in the last three days. Let's check them out! The Alarming Nature of Influencer Scams in Crypto Unfortunately, fraud is not an uncommon phenomenon in the cryptocurrency industry. On the contrary, if you have spent a week or two in the space, you have most probably come across at least one scheme that promises a huge, unbelievable money-making opportunity that promises to make you rich in 24 hours or less. Just think about the fake Elon Musk giveaways that spread like wildfire on social media... 😠 And while scammers impersonate Elon in these schemes, you should also be aware of crypto fraud that has real influencers' backing. Recently, Kim Kardashian has been featured in the headlines of top cryptocurrency magazines for promoting the dubious Ethereum Max ERC-20 token project. In addition to Kim, retired Boston Celtics legend Paul Pierce and boxer superstar Floyd Mayweather Jr. has been identified as paid influencers of the potentially fraudulent digital asset project. And, while the majority of crypto influencers and YouTubers choose to work only with legitimate businesses, others follow the examples of Kim K to shill shady projects. It's an alarming trend, which you should definitely be aware of. To learn more about how influencers get involved with fraudulent crypto projects and the steps you can take to avoid falling a victim, we highly recommend reading this article on Blockdesk. More Crypto Stories to Enjoy From This Weekend Oh, and don't forget to check out the other four trending stories of this weekend to get yourself up-to-date with the crypto industry's latest events: What are the Prospects of Bitcoin? – Bitcoin has held the top spot among all cryptocurrencies since its launch. But what does the future hold for BTC? Top 5 Coins to Stake with the Best Returns – Looking to earn some crypto on your coins? Check out this blog on Blockdesk to learn about the five digital assets that offer the best returns for stakers. You Have Heard of Dollar Cost Averaging (DCA) – What Does it Really Mean? – Dollar Cost Averaging (DCA) is a popular strategy in the crypto industry that is favored by many investors. But how does the strategy work in practice, and what are its benefits? 3 Countries Where Crypto is Banned and Why – Cryptocurrency promotes decentralization and financial sovereignty. For that reason, it's no wonder some governments have outright banned them. In this article, you will learn about the jurisdictions where crypto is illegal and the reasons behind the decisions. Hope you had fun reading this weekend's trending Blockdesk articles. Be sure to check your inbox tomorrow, as we'll return with more soon! Enjoy, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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