Posts Tagged ‘cryptocurrency’
Security Stop-Press : Illegal Crypto-Currency ATMs To Be Shut Down
The Financial Conduct Authority (FCA) has announced that all UK Crypto-ATMs must be shut down. The FCA says this is because none of the cryptoasset firms registered with the FCA have been approved to offer crypto ATM services. The FCA says:Â âWe regularly warn consumers that cryptoassets are unregulated and high-risk which means people are very…
Read MoreTech News : 30% Rise In Crypto-Laundering
A report by blockchain data platform âChainalysisâ has shown a 30 per cent increase in cryptocurrency being used for money laundering in 2021 compared to the previous year. $8.6 Billion The 2022 Crypto Crime Report noted how cybercriminals laundered a massive $8.6 billion worth of cryptocurrency in 2021. The figure was arrived at by compiling…
Read MoreTech News : Hamster Crypto-Croaks
Max, a.k.a. âMr Goxxâ, the hamster that found Internet fame through outperforming many human cryptocurrency-traders, has died. Experiment With âWheelâ Results The hamsterâs life as a crypto trader was down to him being used as part of an experiment by an anonymous German lecturer and prototyping specialist duo who set out to demonstrate the randomness…
Read MoreTech News : $610 Million Hackers Return Most Of The Crypto-Cash
On 12 August, the Poly Network DeFi platform announced that, following the theft of $610 Million in digital coins, the hacker thieves had returned $342 million. However, itâs been reported that more recently, almost all of the stolen crypto has now been returned. The Hack The original theft, which had taken place just two days…
Read More