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California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market

California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market

In his official address, Gavin Newsom California governor cautioned the public against individuals asking for advance payment in Bitcoin with the promise of delivering essential commodities.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation

French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation

Kylian Mbappe PSG star launches lawsuit over Bitcoin scammers who are allegedly using his name and image to convince investors to buy-in.

RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott

RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott

RyanAir CEO Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency.

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

UK Law Enforcers Blow the Whistle on Bitcoin Fraudsters Taking Advantage of Coronavirus Outbreak

As the coronavirus pandemic continues to wreak havoc, having claimed more than 3,000 lives and infecting more than 100,000 people globally, tension has become inevitable. The UK police have raised the alarm on fraudsters swindling Britons by demanding Bitcoin payments amid coronavirus scare.

MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.

UK’s Financial Watchdog Warns of Fraudsters Impersonating Blockchain.com

UK’s Financial Watchdog Warns of Fraudsters Impersonating Blockchain.com

The FCA has raised the alarm about fraudsters who want to lure the public using a cloned version of Blockchain.com, a crypto wallet and trading company.

China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged

China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged

A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.

Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stable Libra has accelerated the growth of cryptocurrencies by three years.

Risk Assurance Group and Telecom Analytics Provider Combat Fraud with Blockchain

Risk Assurance Group and Telecom Analytics Provider Combat Fraud with Blockchain

Subex, a notable telecom analytics solution provider, has partnered with the Risk & Assurance Group (RAG) for blockchain-enabled fraud management solutions.

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.

Crypto User Scammed Out of $20,000 on Fake Uniswap App

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.

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