Search Results for "fraudsters"
Crypto User Scammed Out of $20,000 on Fake Uniswap App
A user has lost $20K after placing his private key backup phrase in a fake Uniswap mobile app available on the Google Play store.
Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs
Personal identity is a fundamental human right according to Article 8 of the United Nation’s Convention on the Rights of the Child. Identity is crucial to a functioning society and economy, however, there are 1.1 billion people in the world that do not have proof of identity and 45% of them are among the poorest 20% around the world. For enterprises, customer data protection can be proven costly as 2.8 billion consumer data records were exposed at an estimated cost of more than $654 million in 2018.
Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.
Crypto Scams Took in More Than $30 Million in Taiwan in 2019
Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.
How Blockchain Can Mitigate the Menace of Identity Theft
According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.
Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam
Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.
How Kaspersky Protects Investors During Token Sales in 7 Ways
In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.
Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints
Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year
The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30.
World Economic Forum Warns Leaders to Brace for Long-Lasting Global Recession as Cybercrimes Surge
The World Economic Forum (WEF) suggested that leaders around the world need to do more to ensure a quicker and more sustainable recovery for the global economy caused by the COVID-19 pandemic. Amongst the 350 top risk professionals in the world surveyed, these risk managers expect a prolonged global recession, as a number of areas of concern were identified in the report compiled by the Forum’s Global Risks Advisory Board, Marsh & McLennan Companies Inc, and Zurich Insurance Group.
TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.