Take a Tour of Robocoin, the World's First Bitcoin ATM WIRED

Bitcoin Automated Teller Machines

A subreddit dedicated to the sharing of information about Bitcoin ATMS (BTC-ATM): * Where to find local BTC-ATMs * Where to buy BTC-ATMs * Different types of BTC-ATMs * How to use BTC-ATMs * Legal issues of operating BTC-ATMs in your Country/State

[World] - Police arrest three after six Hong Kong bitcoin ATMs pilfered for HK$230,000 in first-of-its-kind crime in the city | South China Morning Post

[World] - Police arrest three after six Hong Kong bitcoin ATMs pilfered for HK$230,000 in first-of-its-kind crime in the city | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[World] - Police arrest three after six Hong Kong bitcoin ATMs pilfered for HK$230,000 in first-of-its-kind crime in the city

[World] - Police arrest three after six Hong Kong bitcoin ATMs pilfered for HK$230,000 in first-of-its-kind crime in the city submitted by AutoNewsAdmin to SCMPauto [link] [comments]

A Message to All our U.CASH Users

Dear UCASH users,
As we are sure many of you have noticed, UCASH has been receiving a lot of attention over the past several days. We feel it’s important to clarify some details about the project and update all our users on our current growth plan.
The team is focused on building the UCASH network. We are committed to the long-term project of improving access to financial services worldwide, and we hope you’ll join us.
Background: UCASH is a social-minded peer-to-peer financial services network which uses blockchain technology and a global converter network to seamlessly allow conversion from fiat currencies to cryptocurrencies. The UCASH token powers the network and will enable access to a wide variety of financial services.
U.CASH is the project name and the website address. It stands for Universal Cash. UCASH is the token that powers the U.CASH network.
We invite everyone to find out more about the international team behind UCASH at https://u.cash/about. Ageesen and Brian have been active members of the Canadian blockchain community since circa 2012 including founding SecuraCoin. Antoine, our Blockchain architect, set up one of the first Bitcoin ATMs in the world (Bumblebee exchange) and hosts the largest blockchain developer meetup in Toronto. Our development team in India is led by Arvind. They are hard at work adding new features to the network which will be rolling out soon. The rest of the UCASH team has in-depth understanding of cryptocurrencies and the blockchain space in addition to their individual areas of expertise. Our advisors represent different sectors within financial services and blockchain technologies and many are pioneers in their field.
As of now UCASH is an ERC20 token, however UCASH is bringing something very unique to the blockchain space. U.CASH will integrate other blockchains by creating a pegged number of tokens for each blockchain represented. The total supply of pegged tokens created, across all blockchains, will equal to the token supply created from the IBO via a 1:1 pegging mechanism. .Being blockchain agnostic and inclusive allows the U.CASH ecosystem to be independent of any one blockchain implementation, and also allows all of them to be accessed and used whenever beneficial, or required by its users.
To know more about UCASH, we request all existing and new users to read our white paper, which is available in 12+ languages, and join our telegram channel(s).
Current Status: Our Initial Bounty Offering (IBO) concluded on Jan 8th and all of our users can view their UCASH balance in our web portal (http://portal.u.cash). We already have support of one of the leading multiple-currency wallets (Jaxx) and you can withdraw UCASH to Jaxx or to MyEtherWallet (MEW). UCASH is currently listed on one exchange, with more to come soon.
As of now, the following features have been enabled on our portal: - Verify account - Users can send UCASH to one another via the portal - Users can withdraw UCASH to a wallet or send to an exchange - Store UCASH securely on the platform - Send and receive Bitcoin - Walk into a Converter retail location and carry out basic services of the platform including verification. (Currently available in Toronto, Canada, with more locations to come.)
We will enable/improve the following services in the near future:
We recently had the option of users completing different bounties (Eg: Whitepaper translation) and have disabled the bounties section at the moment. We will soon be enabling a number of bounties. - Listing on more exchanges and support on different wallets. - Conversion of Bitcoin to UCASH and vice-versa - Faster withdrawals to personal wallets - Signing up additional storefront converter locations and individual converters in North America, Vietnam, and India, in compliance with local laws. - We are ramping up our team in India and Canada and we will publish available opportunities. - Onboarding new users by targeting different user communities and geographic regions. - Revamp of the UI/UX of the UCASH Portal. A detailed history of UCASH and future growth plan is available at: https://u.cash/growthplan (We will be updating this soon as well as on an ongoing basis).
UCASH has been one of the most widely distributed blockchain tokens with more than 200,000 user signups. We take pride in the fact that majority of our users are new to blockchain and UCASH is first token that they are holding. Due to our innovative bounty program, they didn't have to spend bitcoin or ether to receive UCASH.
We acknowledge that currently, wallet withdrawals are taking longer than we (and users!) would like. The current system is backlogged by both the massive influx of legitimate users as well as people attempting to exploit the bounty system. We are committed to securing the UCASH network and protecting our community. Unfortunately, these bad actors have caused delays for everyone. We are hiring additional support personnel and will further automate the withdrawal process, which will continue to decrease wait times.
Recent Events: Now, let's talk about the unexpected price fluctuations in the UCASH token. We at U.CASH will continue to focus on building a high quality technology product, signing up new partnerships, and onboarding new users as well as improving on customer support. Price movements of tokens, as many of you who are experienced in the crypto space are aware, are influenced by a wide variety of factors. We have had a massive surge in interest from around the world and no doubt that has contributed to some of these movements.
However, we take this unexpected global interest positively and are trying our best to reply to each user request individually. Our global rank on the top web-ranking platforms is at an all-time high with SimilarWeb ranking us at 48,842 and Alexa ranking us at 61,839! The greatest interest for UCASH is from Vietnam, India, Russia and Indonesia.
As stated, we will continue to focus our efforts on the long term. U.CASH is here to stay.
Today has been just another Monday in UCASH office, except for the exponential increase in requests on social media, influx of new users, and inquiries from press.
We would like to thank all of our users and benefactors, whether they have been with us for months or only days. You have shown tremendous patience, interest, and passion. We would also request anyone trying to spread FUD to read the white paper, signup, check out the platform, follow us on social media, and ask questions on telegram.
This is just the beginning of our ambitious plans to empower our users and enable access to vital financial services around the world. Thanks again to all our supporters!
The UCASH Team www.u.cash
submitted by brian_ucash to ucash [link] [comments]

LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian)

LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian) submitted by mmitech to Bitcoin [link] [comments]

Paranoid about losing coins...

Hi, fellow redditors. The paranoia is strong with me. The main reason i am so feared is that i have already lost all of my coins. This happened when i heard about first bitcoin ATM in the world. Then i started researching Bitcoin and i was thrilled about the amazing technology and the huge upisde potential of the price. I could not sleep for weeks until my Bitstamp funds received and finally bought my first bits, went all in with my extra money (price was already quadrupled). Meanwhile i had been learning how to make safe paper wallets and decided this was the way to go for me. Some time after making my 10 cold storage wallets and sending funds to them I realized my huge mistake. Instead of making brain wallets by typing random characters as passphrase and printing the wallets out I BIP38 encrypted them and lost my coins forever. I was depressed. I did not give up and started buying more bits month after month the price of 220 bucks. Now i have many time more bits than I initially did. Of course now i have tested the method i use for my cold storage with small and bigger amounts, but the paranoia remains. Also, this was one of the greatest lessons young investor could learn- try with small amounts first.
TL;DR- stupid me lost coins, now smarter, still paranoid
submitted by guudfella to Bitcoin [link] [comments]

Kranj (Slovenia) is the first place in the world where a regular ATM is located, where you can also raise the Bitcoin crypto currency.

submitted by ReTrubar to Bitcoin [link] [comments]

[/r/Bittoria] Facts about Crypto - Estonia is among the most Bitcoin-friendly countries in the world. The first Bitcoin ATM of Estonia opened in the city of Tallin in 2015.

submitted by EestiMentioned to EestiMentioned [link] [comments]

I've just used the first Bitcoin ATM in London, and realised that Quark is so much better for real world situations!

I've just returned from London. I have been talking to lawyers, accountants and some potential investors about Quark and crypto-currencies in general. It made me realise that while for us these concepts (blockchain, mining, hashrate etc) are common sense, to ordinary people these concepts are still as mysterious as one from another planet. But ALL people that I talked to and helped install the Desktop wallet and Mobile Wallet and gave quarks, -- they are all very positive and excited about Quarks -- especially when I would send quarks from a Desktop to their Android smartphone and it would arrive instantly in just 1 second and confirm (become spendable) in 30 seconds.
I also went to see the first Bitcoin ATM in London, which is located at a small dingy cafe in Shoreditch (Old Street). The cafe is called "Shoreditch Old Station". It's a Lamassu ATM (which can easily be reprogrammed for Quark and they cost $3000-$5000). I bought £5 worth of Bitcoin just to demonstrate to a friend the whole concept of crypto-currencies how it works. Then we sat in that cafe for 10-15 minutes waiting for at least 1 confirmation, so that we could buy coffee. It is in real life situations like these that you realise that Bitcoin is actually not very user-friendly, and just how much better Quark is! We were nearly ready to leave and then finally the 0.012 BTC finally showed up in my iPhone Blockchain app and I purchased the coffee. The whole experience made me realise that Yes, the businesses want to adopt crypto-currencies, but in the long run it will not be Bitcoin -- people and businesses will prefer a currency like Quark which arrives instantly and becomes spendable 30 seconds later. The whole experience with Bitcoin in the real world made me feel very optimistic about the future of Quark.
I think since we are all early adopters, each one of us should do something to spread Quark adoption. Speak to small businesses, demonstrate how Quark works, explain why it is better then Bitcoin and make them accept Quarks. That's the best thing that can help raise the REAL value of Quark at this stage.
For example, I have spoken to a taxi driver and he is very excited and wants to start accepting Quark (although he uses iPhone and doesn't have Android phone) -- I'm meeting him later today to help him install the Desktop Wallet and to demonstrate how Quarks are sent and received. Now that Quark has an Android Wallet app on Google Play, it is getting ready for adoption outside the tiny reddit cryto-community.
Personally, my next step will be to talk to the Students' Union of my local University to see if their bars and food outlets can start adopting Quark and if they can install a Quark ATM.
submitted by matrixfighter to QuarkCoin [link] [comments]

The first Bitcoin-ATM was installed in the Canadian city of Vancouver way back in 2013. Right now there is over 3000 BTC ATMs all over the world with the biggest amount in the US. And Tradelize will be your best friend in a very fast-paced environment of the ever-growing crypto world.

The first Bitcoin-ATM was installed in the Canadian city of Vancouver way back in 2013. Right now there is over 3000 BTC ATMs all over the world with the biggest amount in the US. And Tradelize will be your best friend in a very fast-paced environment of the ever-growing crypto world. submitted by d_duckie to Tradelize [link] [comments]

LON Becomes First Regulated Bank in the World to Sell Bitcoin Through ATMs

LON Becomes First Regulated Bank in the World to Sell Bitcoin Through ATMs submitted by mrholmes1991 to Bitcoin [link] [comments]

World’s Top 10 Bitcoin-Friendly Countries:Watch the video on someone paying rent using bitcoin, the first ATM in a shopping mall and much more.

World’s Top 10 Bitcoin-Friendly Countries:Watch the video on someone paying rent using bitcoin, the first ATM in a shopping mall and much more. submitted by xredfoundation to CryptoCurrencyTrading [link] [comments]

Kranj (Slovenia) is the first place in the world where a regular ATM is located, where you can also raise the Bitcoin crypto currency.

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The World's First Bitcoin ATM Is in Cash-Strapped Cyprus

submitted by sleasca to worldnews [link] [comments]

LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian)

LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian) submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] LON is the first Bank in Slovenia(world?) to implement Bitcoin on their ATMs (Video in Slovenian)

The following post by mmitech is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/72cbs5
The original post's content was as follows:
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

LON Becomes First Regulated Bank in the World to Sell Bitcoin Through ATMs

LON Becomes First Regulated Bank in the World to Sell Bitcoin Through ATMs submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The other World's first Bitcoin ATM unveiled in San Diego

The other World's first Bitcoin ATM unveiled in San Diego submitted by drewdtom to Bitcoin [link] [comments]

The World's First Bitcoin ATM Is in Cash-Strapped Cyprus

The World's First Bitcoin ATM Is in Cash-Strapped Cyprus submitted by lunacraz to Bitcoin [link] [comments]

The World's First Bitcoin ATM May End Up in Cash-Strapped Cyprus

submitted by jasiwanik to libertyPositive [link] [comments]

'World's first' Bitcoin ATM opens in Canada - The Age

'World's first' Bitcoin ATM opens in Canada - The Age submitted by ThePiachu to Bitcoin [link] [comments]

IamA Founder of HOPR a pioneering data privacy project. My name is Dr. Sebastian Bürgel - AMA

HOPR Team Foreword: Dr. Sebastian Bürgel received his PhD from ETH Zurich, one of the world's top 10 universities for Science and Technology, before becoming an entrepreneur and architect of decentralized blockchain applications. His technical know-how helped shape the Distributed Ledger Technology (DLT) Law of Switzerland. Previously, Dr. Bürgel co-founded Validity Labs, the first Swiss blockchain education and service company, and taught the former Swiss President, Johann Schneider-Ammann, his first blockchain lesson.
Dr. Bürgel also co-founded SONECT, a fintech startup that developed a widely-used virtual ATM network.
In His Own Words: I have dedicated my career to building technical solutions that empower the individual.
I am contributing to a privacy-first web3 with HOPRnet.org, a blockchain-based data privacy project I founded, where we are taking a positive and empowering approach to providing network-level data privacy for all. We are also incentivizing everyone – not just those with technical experience – to relay data (which masks sender and recipient) by running a HOPR node and earning HOPR tokens.
Privacy is a major topic for the web3, powering the next generation of web applications, platforms and services. I am also interested in the future of work towards a post-corporate era. Do humans need companies to create value? Digital organizations such as DAOs (decentralized autonomous organizations) are a major shift away from traditional employment, organizations and the way we work.
Before joining the blockchain and crypto ecosystem, I worked as a postdoctoral fellow and PhD student at ETH Zurich in the domain of microtechnology and microfabrication for biomedical applications such as drug discovery, cancer research and neglected tropical diseases.
I am happy to engage in discussions and support people who #buidl:
You can find out more about me on my Twitter or LinkedIn.
submitted by SebastianCB to HOPR [link] [comments]

/r/Scams Common Scam Master Post

Hello visitors and subscribers of scams! Here you will find a master list of common (and uncommon) scams that you may encounter online or in real life. Thank you to the many contributors who helped create this thread!

If you know of a scam that is not covered here, write a comment and it will be added to the next edition.

Previous threads: https://old.reddit.com/Scams/search?q=common+scams+master+post&restrict_sr=on
Blackmail email scam thread: https://www.reddit.com/Scams/comments/jij7zf/the_blackmail_email_scam_part_6/
Some of these articles are from small, local publications and refer to the scam happening in a specific area. Do not think that this means that the scam won't happen in your area.


Caller ID spoofing
It is very easy for anyone to make a phone call while having any number show up on the caller ID of the person receiving the phone call. Receiving a phone call from a certain number does not mean that the person/company who owns that number has actually called you.
Email spoofing
The "from" field of an email can be set by the sender, meaning that you can receive scam emails that look like they are from legitimate addresses. It's important to never click links in emails unless absolutely necessary, for example a password reset link you requested or an account activation link for an account you created.
SMS spoofing
SMS messages can be spoofed, so be wary of messages that seem to be from your friends or other trusted people.

The most common scams

The fake check scam (Credit to nimble2 for this part)
The fake check scam arises from many different situations (for instance, you applied for a job, or you are selling something on a place like Craigslist, or someone wants to purchase goods or services from your business, or you were offered a job as a mystery shopper, you were asked to wrap your car with an advertisement, or you received a check in the mail for no reason), but the bottom line is always something like this:
General fraudulent funds scams If somebody is asking you to accept and send out money as a favour or as part of a job, it is a fraudulent funds scam. It does not matter how they pay you, any payment on any service can be fraudulent and will be reversed when it is discovered to be fraudulent.
Phone verification code scams Someone will ask you to receive a verification text and then tell you to give them the code. Usually the code will come from Google Voice, or from Craigslist. In the Google version of the scam, your phone number will be used to verify a Google Voice account that the scammer will use to scam people with. In the Craigslist version of the scam, your phone number will be used to verify a Craigslist posting that the scammer will use to scam people. There is also an account takeover version of this scam that will involve the scammer sending a password reset token to your phone number and asking you for it.
Bitcoin job scams
Bitcoin job scams involve some sort of fraudulent funds transfer, usually a fake check although a fraudulent bank transfer can be used as well. The scammer will send you the fraudulent money and ask you to purchase bitcoins. This is a scam, and you will have zero recourse after you send the scammer bitcoins.
Email flooding
If you suddenly receive hundreds or thousands of spam emails, usually subscription confirmations, it's very likely that one of your online accounts has been taken over and is being used fraudulently. You should check any of your accounts that has a credit card linked to it, preferably from a computer other than the one you normally use. You should change all of your passwords to unique passwords and you should start using two factor authentication everywhere.
Cartel scam
You will be threatened by scammers who claim to be affiliated with a cartel. They may send you gory pictures and threaten your life and the lives of your family. Usually the victim will have attempted to contact an escort prior to the scam, but sometimes the scammers target people randomly. If you are targeted by a cartel scam all you need to do is ignore the scammers as their threats are clearly empty.
Boss/CEO scam A scammer will impersonate your boss or someone who works at your company and will ask you to run an errand for them, which will usually be purchasing gift cards and sending them the code. Once the scammer has the code, you have no recourse.
Employment certification scams
You will receive a job offer that is dependent on you completing a course or receiving a certification from a company the scammer tells you about. The scammer operates both websites and the job does not exist.
Craigslist fake payment scams
Scammers will ask you about your item that you have listed for sale on a site like Craigslist, and will ask to pay you via Paypal. They are scamming you, and the payment in most cases does not actually exist, the email you received was sent by the scammers. In cases where you have received a payment, the scammer can dispute the payment or the payment may be entirely fraudulent. The scammer will then either try to get you to send money to them using the fake funds that they did not send to you, or will ask you to ship the item, usually to a re-shipping facility or a parcel mule.
Craigslist Carfax/vehicle history scam
You'll encounter a scammer on Craigslist who wants to buy the vehicle you have listed, but they will ask for a VIN report from a random site that they have created and they will expect you to pay for it.
Double dip/recovery scammers
This is a scam aimed at people who have already fallen for a scam previously. Scammers will reach out to the victim and claim to be able to help the victim recover funds they lost in the scam.
General fraudulent funds scams The fake check scam is not the only scam that involves accepting fraudulent/fake funds and purchasing items for scammers. If your job or opportunity involves accepting money and then using that money, it is almost certainly a frauduent funds scam. Even if the payment is through a bank transfer, Paypal, Venmo, Zelle, Interac e-Transfer, etc, it does not matter.
Credit card debt scam
Fraudsters will offer to pay off your bills, and will do so with fraudulent funds. Sometimes it will be your credit card bill, but it can be any bill that can be paid online. Once they pay it off, they will ask you to send them money or purchase items for them. The fraudulent transaction will be reversed in the future and you will never be able to keep the money. This scam happens on sites like Craigslist, Twitter, Instagram, and also some dating sites, including SeekingArrangement.
The parcel mule scam
A scammer will contact you with a job opportunity that involves accepting and reshipping packages. The packages are either stolen or fraudulently obtained items, and you will not be paid by the scammer. Here is a news article about a scam victim who fell for this scam and reshipped over 20 packages containing fraudulently acquired goods.
The Skype sex scam
You're on Facebook and you get a friend request from a cute girl you've never met. She wants to start sexting and trading nudes. She'll ask you to send pictures or videos or get on webcam where she can see you naked with your face in the picture. The scam: There's no girl. You've sent nudes to a guy pretending to be a girl. As soon as he has the pictures he'll demand money and threaten to send the pictures to your friends and family. Sometimes the scammer will upload the video to a porn site or Youtube to show that they are serious.
What to do if you are a victim of this scam: You cannot buy silence, you can only rent it. Paying the blackmailer will show them that the information they have is valuable and they will come after you for more money. Let your friends and family know that you were scammed and tell them to ignore friend requests or messages from people they don't know. Also, make sure your privacy settings are locked down and consider deactivating your account.
The underage girl scam
You're on a dating site or app and you get contacted by a cute girl. She wants to start sexting and trading nudes. Eventually she stops communicating and you get a call from a pissed off guy claiming to be the girl's father, or a police officer, or a private investigator, or something else along those lines. Turns out the girl you were sexting is underage, and her parents want some money for various reasons, such as to pay for a new phone, to pay for therapy, etc. There is, of course, no girl. You were communicating with a scammer.
What to do if you are a victim of this scam: Stop picking up the phone when the scammers call. Do not pay them, or they will be after you for more money.
Phishing is when a scammer tries to trick you into giving information to them, such as your password or private financial information. Phishing messages will usually look very similar to official messages, and sometimes they are identical. If you are ever required to login to a different account in order to use a service, you should be incredibly cautious.
The blackmail email scam part 5: https://old.reddit.com/Scams/comments/g8jqnthe_blackmail_email_scam_part_5/
PSA: you did not win a giftcard: https://old.reddit.com/Scams/comments/fffmle/psa_you_did_not_win_a_gift_card/
Sugar scams
Sugar scammers operate all over the internet and usually come in two varieties: advance-fee scams where the scammer will ask for a payment from you before sending you lots of money, and fake check style scams where the scammer will either pull a classic fake check scam, or will do a "bill pay" style scam that involves them paying your bills, or them giving you banking information to pay your bills. If you encounter these scammers, report their accounts and move on.
Google Hangouts
Google Hangouts is a messaging platform used extensively by all kinds of scammers. If you are talking with someone online and they want you to switch to Hangouts, they are likely a scammer and you should proceed with caution.
Publishers Clearing House scams
PCH scams are often advance-fee scams, where you will be promised lots of money after you make an initial payment. You will never need to pay if you win money from the real PCH.
Pet scams
You are looking for a specific breed of puppy, bird, or other pet. You come across a nice-looking website that claims to be breeding them and has some available right now - they may even be on sale! The breeders are not local to your area (and may not even list a physical location) but they assure you they can safely ship the pet to you after a deposit or full payment. If you go through with the payment, you will likely be contacted by the "shipper" who will inform you about an unexpected shipping/customs/processing fee required to deliver your new pet. But there was never any pet, both the "breeder" and the "shipper" are scammers, typically operating out of Africa. These sites are rampant and account for a large percentage of online pet seller websites - they typically have a similar layout/template (screenshot - example)
If you are considering buying a pet online, some easy things to check are: (1) The registration date of the domain (if it was created recently it is likely a scam website) (2) Reverse image search the pictures of available pets - you will usually find other scam websites using the same photos. (3) Copy a sentence/section of the text from the "about us" page and put it into google (in quotes) - these scammers often copy large parts of their website's text from other places. (4) Search for the domain name and look for entries on petscams.com or other scam-tracking sites. (5) Strongly consider buying/adopting your pet from a local shelter or breeder where you can see the animal in person before putting any money down.
Thanks to djscsi for this entry.
Fake shipping company scams
These scams usually start when you try to buy something illegal online. You will be scammed for the initial payment, and then you will receive an email from the fake shipping company telling you that you need to pay them some sort of fee or bribe. If you pay this, they will keep trying to scam you with increasingly absurd stories until you stop paying, at which point they will blackmail you. If you are involved in this scam, all you can do is ignore the scammers and move on, and try to dispute your payments if possible.
Chinese Upwork scam
Someone will ask you to create an Upwork or other freelancer site account for them and will offer money in return. You will not be paid, and they want to use the accounts to scam people.
Quickbooks invoice scam
This is a fake check style scam that takes advantage of Quickbooks.
The blackmail email scam The exact wording of the emails varies, but there are generally four main parts. They claim to have placed software/malware on a porn/adult video site, they claim to have a video of you masturbating or watching porn, they threaten to release the video to your friends/family/loved ones/boss/dog, and they demand that you pay them in order for them to delete the video. Rest assured that this is a very common spam campaign and there is no truth behind the email or the threats. Here are some news articles about this scam.
The blackmail mail scam
This is very similar to the blackmail email scam, but you will receive a letter in the mail.
Rental scams Usually on local sites like Craigslist, scammers will steal photos from legitimate real estate listings and will list them for rent at or below market rate. They will generally be hesitant to tell you the address of the property for "safety reasons" and you will not be able to see the unit. They will then ask you to pay them a deposit and they claim they will ship you the keys. In reality, your money is gone and you will have no recourse.
Craigslist vehicle scams A scammer will list a vehicle on Craigslist and will offer to ship you the car. In many cases they will also falsely claim to sell you the car through eBay or Amazon. If you are looking for a car on Craigslist and the seller says anything about shipping the car, having an agent, gives you a long story about why they are selling the car, or the listing price is far too low, you are talking to a scammer and you should ignore and move on.
Advance-fee scam, also known as the 419 scam, or the Nigerian prince scam. You will receive a communication from someone who claims that you are entitled to a large sum of money, or you can help them obtain a large sum of money. However, they will need money from you before you receive the large sum.
Man in the middle scams
Man in the middle scams are very common and very hard to detect. The scammer will impersonate a company or person you are legitimately doing business with, and they will ask you to send the money to one of their own bank accounts or one controlled by a money mule. They have gained access to the legitimate persons email address, so there will be nothing suspicious about the email. To prevent this, make contact in a different way that lets you verify that the person you are talking to is the person you think you are talking to.
Digit wallet scam
A variation of the fake check scam, the scammer sends you money through a digital wallet (i.e. Venmo, Apple Pay, Zelle, Cash App) along with a message claiming they've sent the money to the wrong person and a request to send the money back. Customer service for these digital wallets may even suggest that you send the money back. However, the money sent is from a stolen credit card and will be removed from your account after a few days. Your transfer is not reversed since it came from your own funds.
Cam girl voting/viewer scam
You will encounter a "cam girl" on a dating/messaging/social media/whatever site/app, and the scammer will ask you to go to their site and sign up with your credit card. They may offer a free show, or ask you to vote for them, or any number of other fake stories.
Amateur porn recruitment scam
You will encounter a "pornstar" on a dating/messaging/social media/whatever site/app, and the scammer will ask you to create an adult film with hehim, but first you need to do something. The story here is usually something to do with verifying your age, or you needing to take an STD test that involves sending money to a site operated by the scammer.
Hot girl SMS spam
You receive a text from a random number with a message along the lines of "Hey babe I'm here in town again if you wanted to meet up this time, are you around?" accompanied by a NSFW picture of a hot girl. It's spam, and they'll direct you to their scam website that requires a credit card.
Identity verification scam
You will encounter someone on a dating/messaging/social media/whatever site/app, and the scammer will ask that you verify your identity as they are worried about catfishing. The scammer operates the site, and you are not talking to whoever you think you are talking to.
This type of scam teases you with something, then tries to make you sign up for something else that costs money. The company involved is often innocent, but they turn a blind eye to the practice as it helps their bottom line, even if they have to occasionally issue refunds. A common variation takes place on dating sites/dating apps, where you will match with someone who claims to be a camgirl who wants you to sign up for a site and vote for her. Another variation takes place on local sites like Craigslist, where the scammers setup fake rental scams and demand that you go through a specific service for a credit check. Once you go through with it, the scammer will stop talking to you. Another variation also takes place on local sites like Craigslist, where scammers will contact you while you are selling a car and will ask you to purchase a Carfax-like report from a specific website.
Multi Level Marketing or Affiliate Marketing
You apply for a vague job listing for 'sales' on craigslist. Or maybe an old friend from high school adds you on Facebook and says they have an amazing business opportunity for you. Or maybe the well dressed guy who's always interviewing people in the Starbucks that you work at asks if you really want to be slinging coffee the rest of your life. The scam: MLMs are little more than pyramid schemes. They involve buying some sort of product (usually snake oil health products like body wraps or supplements) and shilling them to your friends and family. They claim that the really money is recruiting people underneath you who give you a slice of whatever they sell. And if those people underneath you recruit more people, you get a piece of their sales. Ideally if you big enough pyramid underneath you the money will roll in without any work on your part. Failure to see any profit will be your fault for not "wanting it enough." The companies will claim that you need to buy their extra training modules or webinars to really start selling. But in reality, the vast majority of people who buy into a MLM won't see a cent. At the end of the day all you'll be doing is annoying your friends and family with your constant recruitment efforts. What to look out for: Recruiters love to be vague. They won't tell you the name of the company or what exactly the job will entail. They'll pump you up with promises of "self-generating income", "being your own boss", and "owning your own company." They might ask you to read books about success and entrepreneurs. They're hoping you buy into the dream first. If you get approached via social media, check their timelines. MLMs will often instruct their victims to pretend that they've already made it. They'll constantly post about how they're hustling and making the big bucks and linking to youtube videos about success. Again, all very vague about what their job actually entails. If you think you're being recruited: Ask them what exactly the job is. If they can't answer its probably a MLM. Just walk away.

Phone scams

You should generally avoid answering or engaging with random phone calls. Picking up and engaging with a scam call tells the scammers that your phone number is active, and will usually lead to more calls.
Tax Call
You get a call from somebody claiming to be from your countries tax agency. They say you have unpaid taxes that need to be paid immediately, and you may be arrested or have other legal action taken against you if it is not paid. This scam has caused the American IRS, Canadian CRA, British HMRC, and Australian Tax Office to issue warnings. This scam happens in a wide variety of countries all over the world.
Warrant Call
Very similar to the tax call. You'll get a phone call from an "agent", "officer", "sheriff", or other law enforcement officer claiming that there is a warrant out for your arrest and you will be arrested very soon. They will then offer to settle everything for a fee, usually paid in giftcards.
[Legal Documents/Process Server Calls]
Very similar to the warrant call. You'll get a phone call from a scammer claiming that they are going to serve you legal documents, and they will threaten you with legal consequences if you refuse to comply. They may call themselves "investigators", and will sometimes give you a fake case number.
Student Loan Forgiveness Scam
Scammers will call you and tell you about a student loan forgiveness program, but they are interested in obtaining private information about you or demanding money in order to join the fake program.
Tech Support Call You receive a call from someone with a heavy accent claiming to be a technician Microsoft or your ISP. They inform you that your PC has a virus and your online banking and other accounts may be compromised if the virus is not removed. They'll have you type in commands and view diagnostics on your PC which shows proof of the virus. Then they'll have you install remote support software so the technician can work on your PC, remove the virus, and install security software. The cost of the labor and software can be hundreds of dollars. The scam: There's no virus. The technician isn't a technician and does not work for Microsoft or your ISP. Scammers (primarily out of India) use autodialers to cold-call everyone in the US. Any file they point out to you or command they have you run is completely benign. The software they sell you is either freeware or ineffective. What to do you if you're involved with this scam: If the scammers are remotely on your computer as you read this, turn off your PC or laptop via the power button immediately, and then if possible unplug your internet connection. Some of the more vindictive tech scammers have been known to create boot passwords on your computer if they think you've become wise to them and aren't going to pay up. Hang up on the scammers, block the number, and ignore any threats about payment. Performing a system restore on your PC is usually all that is required to remove the scammer's common remote access software. Reports of identity theft from fake tech calls are uncommon, but it would still be a good idea to change your passwords for online banking and monitor your accounts for any possible fraud. How to avoid: Ignore any calls claiming that your PC has a virus. Microsoft will never contact you. If you're unsure if a call claiming to be from your ISP is legit, hang up, and then dial the customer support number listed on a recent bill. If you have elderly relatives or family that isn't tech savvy, take the time to fill them in on this scam.
Chinese government scam
This scam is aimed at Chinese people living in Europe and North America, and involves a voicemail from someone claiming to be associated with the Chinese government, usually through the Chinese consulate/embassy, who is threatening legal action or making general threats.
Chinese shipping scam
This scam is similar to the Chinese government scam, but involves a seized/suspicious package, and the scammers will connect the victim to other scammers posing as Chinese government investigators.
Social security suspension scam
You will receive a call from someone claiming to work for the government regarding suspicious activity, fraud, or serious crimes connected to your social security number. You'll be asked to speak to an operator and the operator will explain the steps you need to follow in order to fix the problems. It's all a scam, and will lead to you losing money and could lead to identity theft if you give them private financial information.
Utilities cutoff
You get a call from someone who claims that they are from your utility company, and they claim that your utilities will be shut off unless you immediately pay. The scammer will usually ask for payment via gift cards, although they may ask for payment in other ways, such as Western Union or bitcoin.
Relative in custody Scammer claims to be the police, and they have your son/daughtenephew/estranged twin in custody. You need to post bail (for some reason in iTunes gift cards or MoneyGram) immediately or the consequences will never be the same.
Mexican family scam
This scam comes in many different flavours, but always involves someone in your family and Mexico. Sometimes the scammer will claim that your family member has been detained, sometimes the scammer will claim that your family member has been kidnapped, and sometimes the scammer will claim that your family member is injured and needs help.
General family scams
Scammers will gather a large amount of information about you and target your family members using different stories with the goal of gettimg them to send money.
One ring scam
Scammers will call you from an international number with the goal of getting you to return their call, causing you to incur expensive calling fees.

Online shopping scams

THE GOLDEN RULE OF ONLINE SHOPPING: If it sounds too good to be true, it probably is.
An ad on reddit or social media sites like Facebook and Instagram offers items at huge discounts or even free (sometimes requiring you to reblog or like their page). They just ask you to pay shipping. The scam: The item will turn out to be very low quality and will take weeks or even months to arrive. Sometimes the item never arrives, and the store disappears or stops responding. The seller drop-ships the item from China. The item may only cost a few dollars, and the Chinese government actually pays for the shipping. You end up paying $10-$15 dollars for a $4 item, with the scammer keeping the profit. If you find one of these scams but really have your heart set on the item, you can find it on AliExpress or another Chinese retailer.
Influencer scams
A user will reach out to you on a social media platform, usually Instagram, and offer you the chance to partner with them and receive a free/discounted product, as long as you pay shipping. This is a different version of the dropshipping scam, and is just a marketing technique to get you to buy their products.
Triangulation fraud
Triangulation fraud occurs when you make a purchase on a site like Amazon or eBay for an item at a lower than market price, and receive an item that was clearly purchased new at full price. The scammer uses a stolen credit card to order your item, while the money from the listing is almost all profit for the scammer.
Instagram influencer scams
Someone will message you on Instagram asking you to promote their products, and offering you a discount code. The items are Chinese junk, and the offer is made to many people at a time.
Cheap Items
Many websites pop up and offer expensive products, including electronics, clothes, watches, sunglasses, and shoes at very low prices. The scam: Some sites are selling cheap knock-offs. Some will just take your money and run. What to do if you think you're involved with this scam: Contact your bank or credit card and dispute the charge. How to avoid: The sites often have every brand-name shoe or fashion item (Air Jordan, Yeezy, Gucci, etc) in stock and often at a discounted price. The site will claim to be an outlet for a major brand or even a specific line or item. The site will have images at the bottom claiming to be Secured by Norton or various official payment processors but not actual links. The site will have poor grammar and a mish-mash of categories. Recently, established websites will get hacked or their domain name jacked and turned into scam stores, meaning the domain name of the store will be completely unrelated to the items they're selling. If the deal sounds too good to be true it probably is. Nobody is offering brand new iPhones or Beats or Nintendo Switches for 75% off.
Cheap Amazon 3rd Party Items
You're on Amazon or maybe just Googling for an item and you see it for an unbelievable price from a third-party seller. You know Amazon has your back so you order it. The scam: One of three things usually happen: 1) The seller marks the items as shipped and sends a fake tracking number. Amazon releases the funds to the seller, and the seller disappears. Amazon ultimately refunds your money. 2) The seller immediately cancels the order and instructs you to re-order the item directly from their website, usually with the guarantee that the order is still protected by Amazon. The seller takes your money and runs. Amazon informs you that they do not offer protection on items sold outside of Amazon and cannot help you. 2) The seller immediately cancels the order and instructs you to instead send payment via an unused Amazon gift card by sending the code on the back via email. Once the seller uses the code, the money on the card is gone and cannot be refunded. How to avoid: These scammers can be identified by looking at their Amazon storefronts. They'll be brand new sellers offering a wide range of items at unbelievable prices. Usually their Amazon names will be gibberish, or a variation on FIRSTNAME.LASTNAME. Occasionally however, established storefronts will be hacked. If the deal is too good to be true its most likely a scam.
Scams on eBay
There are scams on eBay targeting both buyers and sellers. As a seller, you should look out for people who privately message you regarding the order, especially if they ask you to ship to a different address or ask to negotiate via text/email/a messaging service. As a buyer you should look out for new accounts selling in-demand items, established accounts selling in-demand items that they have no previous connection to (you can check their feedback history for a general idea of what they bought/sold in the past), and lookout for people who ask you to go off eBay and use another service to complete the transaction. In many cases you will receive a fake tracking number and your money will be help up for up to a month.
Scams on Amazon
There are scams on Amazon targeting both buyers and sellers. As a seller, you should look out for people who message you about a listing. As a buyer you should look out for listings that have an email address for you to contact the person to complete the transaction, and you should look out for cheap listings of in-demand items.
Scams on Reddit
Reddit accounts are frequently purchased and sold by fraudsters who wish to use the high karma count + the age of the account to scam people on buy/sell subreddits. You need to take precautions and be safe whenever you are making a transaction online.
Computer scams
Virus scam
A popup or other ad will say that you have a virus and you need to follow their advice in order to remove it. They are lying, and either want you to install malware or pay for their software.

Assorted scams

Chinese Brushing / direct shipping
If you have ever received an unsolicited small package from China, your address was used to brush. Vendors place fake orders for their own products and send out the orders so that they can increase their ratings.
Money flipping
Scammer claims to be a banking insider who can double/triple/bazoople any amount of money you send them, with no consequences of any kind. Obviously, the money disappears into their wallet the moment you send it.

General resources

Site to report scams in the United Kingdom: http://www.actionfraud.police.uk/
Site to report scams in the United States: https://www.ic3.gov/default.aspx
Site to report scams in Canada: www.antifraudcentre-centreantifraude.ca/reportincident-signalerincident/index-eng.htm
Site to report scams in Europe: https://www.europol.europa.eu/report-a-crime/report-cybercrime-online
FTC scam alerts: https://www.consumer.ftc.gov/scam-alerts
Microsoft's anti-scam guide: https://www.microsoft.com/en-us/safety/online-privacy/avoid-phone-scams.aspx
submitted by EugeneBYMCMB to Scams [link] [comments]

World's First Bitcoin ATM - The Age Of A Digital Currency Canada: World's first Bitcoin ATM comes online - YouTube Bloomberg on First Bitcoin ATM World's first bitcoin ATM opens in Vancouver The world's first ATM – BBC London News

The world's first Bitcoin ATM has opened in Vancouver, Canada - the machine allows users to exchange their credits of the digital currency for cash and vice-versa. An ATM that converts bitcoins to Canadian dollars and vice versa opened for business in a Vancouver coffee shop today, marking a world first. The kiosk, located inside Waves Coffee House at Howe ... The world's first bitcoin ATM will go live in Vancouver, Canada on Tuesday. Built by company Robocoin, the ATM will trade the digital currency for cash and vice versa. The world’s first Bitcoin ATM is about to open for business The machine, owned by three Canadian teens, will be ready to use in a Vancouver café Tuesday. Bitcoin Atms spread across 71 countries totals at 10,162 locations in the world. Number of Bitcoin ATMs Exceeds 10K. The number of cryptocurrency ATMs has grown significantly over the years, surpassing 10K last week. “It took industry roughly 7 years to reach this point since the first permanent bitcoin ATM installation in the end of 2013,” cryptocurrency ATM tracking website Coinatmradar ...

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World's First Bitcoin ATM - The Age Of A Digital Currency

Try watching this video on www.youtube.com, or enable JavaScript if it is disabled in your browser. Published on Oct 29, 2013 Robocoin, the world's first Bitcoin-based ATM opened for business on Tuesday in the Waves Coffee shop in Vancouver, Canada. Unlike other automatic teller machines, the... Dan Dicks of Press For Truth visits Waves Coffee Shop in Vancouver BC home of the world's first Bitcoin ATM! The all digital peer to peer decentralized cryptocurrency traded over $100,000 through ... Jeff Berwick on Bloomberg TV talking about the World's First Bitcoin ATM. As Bitcoin tops the charts as the hot new tech phenomenon, there has been chatter of whether or not it will succeed as a ... The world’s first ATM was unveiled fifty years ago in June 1967 at a Barclays Bank in Enfield. But with an ever-growing number of ways to pay will the hole in the wall endure? Alpa Patel reports.