May 17, 2019 at 16:15
Cryptojacking is No Longer an Issue?
After the recent shutdown of Coinhive, many people have reported that there has been a drop in the number of cryptojacking incidents. With that in mind, we’ll now take a look into whether cryptojacking is a thing of the past, or if it still continues to be a problem for users of cryptocurrency.
Apr 17, 2019 at 11:12
Italy Lost €10 Billion in Cryptocurrency via Cybercrime
Cybercrime, such as online fraud, industrial undercover activities, and the use of cryptocurrency for money laundering, etc. in Italy, is the rapidly increasing malevolent business with the highest margins of diffusion in the future, according to the Global Risk Report 2019 by the World Economic Forum. The country incurred a loss of around €10 billion in 2018.
Apr 05, 2019 at 09:48
Mafias in Italy Use Bitcoin & Cryptos for Money Laundering
The rate of illegal activities including money laundering through Bitcoin (BTC), is alarming in Italy and throughout Europe at large. Crypto startup Eidoo, founded by Italians, which allows users to store, convert and spend digital currencies, selected an apartment in 2017 in a building structure that was sequestered for ndrangheta in Chiasso, Switzerland, just 0.4 kilometers from the Italian border.
Bank of Italy Calls Bitcoin Useless, Risky and Inefficient
Recently, the Central Bank of Italy published a report against digital currencies including Bitcoin (BTC), defining them as dangerous, useless, speculative and inefficient. The bank is not happy with how cryptocurrencies are being used.