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Scam warning over site promoting Dubaicoin cryptocurrency as value surges 1000 per cent in 24 hours – PerthNow
Cryptocurrency investors have been warned that a website touting a new coin as the official digital currency of Dubai is an ‘elaborate phishing scam’ after the…
Cryptocurrency investors have been warned that a website touting a new coin as the official digital currency of Dubai is an elaborate phishing scam after the coins value rose 1000 per cent in 24 hours.
Dubais government has denied any involvement with the currency called DubaiCoin after a website promoting it claimed it was endorsed by the UAE city.
Dubai Coin cryptocurrency was never approved by any official authority, the city said in a tweet.
The website promoting the coin is an elaborate phishing…
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