[ad_2][ad_1] Cryptocurrency and its nature have troubled investors for a decade. Where some have made money from it, and some are still creating a considerable amount of wealth by treating them in cryptocurrencies like Bitcoin, others are trapped in fraudulent activity and lose a huge part of their hard-earned cash. …
Read More »Hundreds of Crypto projects show signs of plagiarism, fraud and unlikely results
[ad_2][ad_1] A recent Wall Street Journal research, published on December 27, revealed that hundreds of cryptocurrency offers showed signs of fraudulent activity, improbable returns, and plagiarism. In the course of his research, the WSJ downloaded "white papers" of 3291 cryptocurrency projects that announced an initial coin offering (ICO) from three …
Read More »Officials at Top Korean Cryptocurrency Exchange Upbit Indicted for Fraud
[ad_2][ad_1] Exchanges Officials at South Korea's largest cryptocurrency exchange, Upbit, have been indicted for fraud. They allegedly made bogus crypto orders worth approximately $ 226 billion and sold 11,550 BTC to around 26,000 investors. It did not commit fraud, engage in wash trades, or trade cryptocurrencies. Also read: Indian Supreme …
Read More »Hong Kong to use the blockchain against car insurance fraud
[ad_2][ad_1] The Hong Kong-based CryptoBLK start-up and the Hong Kong Federation of Insurers (HKFI) have launched a car insurance platform that uses the blockchain to ensure authenticity and counter fraud. The system, known as the auto insurance DLT-based authentication system (MIDAS), will allow easy verification of car insurance documents to …
Read More »Online advertising fraud in 2018 hit $ 19 billion: how blockchain could eliminate it
[ad_2][ad_1] "$ 30 million worth of fake ads are just the tip of the iceberg." At the end of November 2018, the Department of Justice incriminated a huge ring of digital advertising fraud, exposing the myriad of exploits of the current model of advertising technology. Only in 2018, advertisers will …
Read More »Legit Cryptocurrency Payment Network or fraud?
[ad_2][ad_1] What is the initiative Q? Initiative Q is another cryptocurrency company that comes into the business with promises of easy earnings. As you can well know, a company that promises easy money usually hides something. The basis of the Q initiative is earning profits through a unique social payment …
Read More »Blockchain, drug fraud and the opioid epidemic
[ad_2][ad_1] Blockchain Expert, executive director of the Hyperledger project Brian Behlendorf is a technologist, computer programmer and a leading figure in the movement of open source software. He was a founding member and principal developer of the Apache Web server, the most popular Web server software on the Internet. In …
Read More »How to combat B2B payment fraud with Blockchain
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " The latest update of the FBI on business-to-business payment fraud reported that over 24,000 companies have been victims of a compromise of corporate email (BEC), otherwise known as scams, with total losses of over $ 2 billion. In addition, increasingly sophisticated cyber attacks …
Read More »The database will help eliminate cryptocurrency fraud
[ad_2][ad_1] After a career in financial technology and cryptocurrency, Miroslav Vegh is an expert in both parts of the industry. He was first involved in cryptocurrency about five years ago and had previously worked in the IT industry for two decades, with about seven years in advanced technology. He describes …
Read More »Wendy McElroy: avoid fraud by going to the crypto-anarchist
[ad_1] In the foreground The Satoshi Revolution: A Revolution of Rising ExpectationsSection 5: Saving the world through anarchismChapter 11, Part 8Avoid fraud by going from the crypto-anarchist A transfer on the blockchain is a simplistic peer-to-peer contract, which stores terms for the people involved and is seen as valid by …
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