The COVID-19 pandemic has revealed the necessity for a brand new reserve currency, and it is time for crypto. The ongoing COVID-19 pandemic has brought into focus the need for international cooperation and support. Coupled with a crumbling economy, it’s shown us that now is the time for a modern, accessible reserve currency. However, markets […]
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British reality TV star-turned-presenter, Rylan Clark-Neal, has warned his Twitter followers of fraudulent interviews claiming he made millions from Bitcoin. British TV presenter and former X-Factor star, Rylan Clark-Neal, alerted his followers as to “fake interview” claiming that Rylan had made “millions from Bitcoin.” On April 18, the former Celebrity Big Brother star tweeted that […]
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New Zealand police flag fraudsters threatening victims with the release of sensitive information about porn consumption if they don’t pay ransom in BTC. New Zealand police issued an alert on April 13 regarding a crypto-related scam that threatens victims with release of information on their porn use. According to a report published in the NZ […]
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Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets. Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets. In a tweet […]
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Nestlé, the world’s biggest food and beverage firm, expands its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestlé, doesn’t put its blockchain efforts on hold. On April 6, Nestlé announced […]
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New Zealand’s financial regulator, the Financial Markets Authority, issued a warning against a suspected Bitcoin investment platform. Amid the apparent global surge of cryptocurrency-related scams, New Zealand’s financial regulator has warned the public against another suspected Bitcoin (BTC) investment scam scheme. In an April 6 statement, the country’s major financial watchdog, the Financial Markets Authority […]
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The Philippine SEC has warned of a fraudulent investment scam offering 9,000% returns through its ‘Bitcoin Revolution’ trading software. The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30. The scheme, Bitcoin Revolution, comprises a classic Ponzi in which investors are offered exorbitant […]
Continue ReadingPer a new report, financial institutions have mostly deployed blockchain to improve payments, securities settlement, fraud detection security and trade finance. In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance. Published on March 19, […]
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A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper […]
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Crypto analyst Alex de Vries has claimed that carbon footprint of Bitcoin mining is on par with New Zealand, with the network’s power consumption equaling that of Chile. Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media […]
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