Report

Scammers Won’t Rest in 2021: Authorities Expose Several Schemes
Jan 18, 2021 at 15:16
News
Scammers Won’t Rest in 2021: Authorities Expose Several Schemes
Several cryptocurrency scams have been exposed since the beginning of 2021 and the legal actions have been taken by authorities. A lot of cryptocurrency scams normally appear as online chain referral schemes, high-return investments, or Ponzi-schemes.
Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Dec 17, 2020 at 10:10
News
Venezuelans Tend to Trust in Bitcoin More than in Bolivar or Petro
Venezuela is amidst one of the toughest economic recessions in the country’s history. To reinforce their standing, its citizens turn to Bitcoin. The flagship cryptocurrency tends to be more stable than the Bolivar, or the Petro, an oil-backed crypto issued by the Venezuelan government.
Blockchain Poised to Create $1.76 Trillion Worth of Global Economy by 2030
Oct 20, 2020 at 14:42
News
Blockchain Poised to Create $1.76 Trillion Worth of Global Economy by 2030
According to the recent report by PwC, a global audit and consulting network, Blockchain has what it takes to add $1.76 trillion to global gross domestic product (GDP) by 2030. But what is the basis of these ambitious projections? Are these numbers practical or far from reality?
Bank of Russia Confirms its Study on Digital Ruble
Oct 15, 2020 at 13:56
News
Bank of Russia Confirms its Study on Digital Ruble
The digital ruble should become the digital currency of the Russian Central Bank, and have all the necessary to perform the functions of money, stated the regulator in its latest report.
Ukraine and Russia at the Forefront of Embracing Cryptocurrency
Sep 17, 2020 at 13:30
News
Ukraine and Russia at the Forefront of Embracing Cryptocurrency
Eastern European countries are topping the list in cryptoasset adoption speed. Particularly, Ukraine and Russia have topped others because they have unduly intensive cryptocurrency usage. This shows that a bigger ration of nationals has moved away from traditional monetary activity to cryptoassets.
Binance Fails to Prevent Hackers from Laundering Stolen Cryptocurrency Funds
Aug 26, 2020 at 14:53
News
Binance Fails to Prevent Hackers from Laundering Stolen Cryptocurrency Funds
Hackers use Binance cryptocurrency exchange to launder stolen money. As per the report by the federal Bureau of Investigation (FBI), a principal federal law enforcement agency, ransomware dubbed Ryuk has been used since its creation in 2018 to steal cryptocurrency worth $61 million.
The US is Hunting Down Terrorists: $2 Million Seized in Cryptocurrency
Aug 14, 2020 at 15:23
News
The US is Hunting Down Terrorists: $2 Million Seized in Cryptocurrency
The US law enforcers go on with their campaign against terrorism financing. Now, they have blocked and confiscated around $2 million worth in cryptocurrency from accounts allegedly involved in terrorism financing.
Scammers Invented a New Kind of Attack to Trick Out People's Money
Aug 11, 2020 at 13:02
News
Scammers Invented a New Kind of Attack to Trick Out People's Money
2020 has seen a significant increase in the number of scams related to cryptocurrency. To lure out people’s money, scammers constantly improve their schemes and invent new approaches to look more reliable and trustful.
Great Britain is Exploring CBDC; Are They Going to Follow China?
Jul 14, 2020 at 13:55
News
Great Britain is Exploring CBDC; Are They Going to Follow China?
The Bank of England is exploring the possibility of creating its own digital currency. However, it is unlikely that the project is actually implemented before the next couple of years.
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