News Scammers Impersonate Police to Extort Crypto

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In Canada, cybercriminals are extorting bitcoins from the victims across the country by impersonating local police. The Royal Canada Mounted Police (RCMP) has seen an increase of the number of scams involving the transfer of money via Bitcoin. Scammers call and advise the victim that they have an arrest warrant because their SIN card was used at multiple Service Canada locations. Scammers call up the victims several times with the same threat to arrest unless they pay money in bitcoins. The victims describe the scammers as manipulative, aggressive, and convincing. As previously reported, the delay in the Olympics games has triggered a series of online crypto-related scams, including an email from alleged members of the International Olympic Committee. Scammers asked victims for donations in cryptocurrencies so that “Japanese organizers can recover from the economic impact produced by the postponement of the Olympic games”.

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BITCOIN MINING DIFFICULTY ALMOST UNCHANGED IN DECADE
The Bitcoin network adjusted its difficulty level at 01:18 UTC on July 1 to 15.7842 trillion, down a mere 0.0033% from the previous level of 15.7847 trillion set June 17. The negligible adjustment on Wednesday means the total average computing power connected to Bitcoin over the past 14 days has barely changed, either due to the lack of new mining devices plugging in or any newly added computing power being offset by those that are squeezed out after Bitcoin’s halving. Difficulty remaining steady at the initial level of 1 for a year after the genesis block was mined, before starting to rise in early 2010. The last time the measure posted a 0% change was in March 2010. Since then, there have been only eight instances where the difficulty change, both negative and positive, was below 0.1%, with today’s being the smallest adjustment.

The post Bitcoin Mining Difficulty Almost Unchanged in Decade appeared first on HYIP.com - Online Investment Starts Here.

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