PYMNTS

APRIL 28, 2019

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. The scammers then ordered the man to transfer a total of $1,000 ($734 USD) worth of bitcoin to their wallets on two occasions, which the victim did. The country is also the top of the list when it comes to general fraud schemes.

Bitcoin 148

Bitcoin Fraud cryptocurrency National 148

PYMNTS

JANUARY 25, 2021

Lastly, while cryptocurrencies might never replace fiat currencies as a medium of exchange, they could replace gold as a store of value, according to research from the Bank of Singapore , The National reported. Governments are very wary of any technology that could potentially displace national currencies,” Mohi-uddin said, per the report.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

PYMNTS

NOVEMBER 30, 2020

27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin. Chinese law enforcement seized 194,775 Bitcoin, 833,083 Ethereum, 487 million XRP, 6 billion Dogecoin, 27.6 billion) from more than 2.6

Bitcoin 168

Bitcoin cryptocurrency ATM Report 168

PYMNTS

NOVEMBER 18, 2020

Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. Bitcoin has been on the rise in 2020 as it becomes increasingly more accepted by the mainstream payments industry. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. It fell slightly, hitting 17,542.52 Eastern Time.

Bitcoin 151

Bitcoin Report cryptocurrency Security 151

PYMNTS

SEPTEMBER 7, 2020

The Australian Services and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, who was the Australian national representative for crypto platform BitConnect, from engaging in financial services for the next seven years after he was found to be engaging in deceptive practices, a report from Financial Standard finds.

Bitcoin 132

Bitcoin Fraud Payments cryptocurrency 132

PYMNTS

JANUARY 3, 2019

On another note, the National Electronics and Computer Technology Center (NECTEC) in Thailand created a system for voting that is based on the blockchain, Coindesk reported. The system could have applications ranging from elections at the community, provincial and nation levels to board of director votes in business. as of 6:38 p.m.

Bitcoin 167

Bitcoin blockchain cryptocurrency National 167

PYMNTS

MARCH 29, 2019

Australian TV presenters Karl Stefanovic and Waleed Aly are the latest celebrities to become victims of common bitcoin scams. s national fraud helpline has found that in the 12 months leading up to March 19, investors lost over £15 million ($19 million) to bitcoin scams. In addition, the U.K.’s In addition, the U.K.’s

Bitcoin 116

Bitcoin blockchain Fraud cryptocurrency 116

PYMNTS

AUGUST 28, 2019

And the United Kingdom’s National Liberal Party (NLP) has posted what it believes is the only coherent policy regarding cryptocurrencies. The sheer volume of transactions makes this a national security threat,” the party wrote in a post on its website. The current policy is a non-policy.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

FEBRUARY 21, 2018

Montroll operated an unregistered online securities exchange and defrauded its users by misappropriating their bitcoins. In addition, the SEC alleges Montroll and the exchange failed to disclose a cyberattack on BitFunder’s system that resulted in the theft of more than 6,000 bitcoins. In a parallel criminal case, the U.S.

Fraud 102

Fraud Bitcoin New York Regional 102

PYMNTS

JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

OCTOBER 8, 2019

Plaintiffs say that the actions of iFinex was “part fraud, part pump-and-dump and part money-laundering.”. In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Coin Telegraph reported that Token Analyst found that almost 1.2 Robertson controlled.”.

Bitcoin 181

Bitcoin Taxes Innovation cryptocurrency 181

PYMNTS

MARCH 29, 2017

In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration this month — the Intercontinental Exchange, Inc.’s s NYSE Arca exchange’s request to list and trade the SolidX Bitcoin Trust.

Bitcoin 100

Bitcoin Regulation Security Fraud 100

PYMNTS

AUGUST 3, 2016

Bitcoin appeals to many different people, including the nefarious ones that like the anonymity associated with digital currency. LexisNexis reportedly said it is partnering with Elliptic to create the new service that brings bank-grade control to transactions made in bitcoin. It will alert clients, including bitcoin exchanges and U.S.

Bitcoin 100

Bitcoin Fraud National Report 100

PYMNTS

DECEMBER 2, 2019

In recent announcements, the numbers have been supporting the argument that cryptos are becoming a favored avenue of theft and fraud. Consider the fact that, as estimated by CipherTrace’s third-quarter report for 2019, the total volume of fraud tied to crypto shows losses in the range of $4.4 billion in fraud and theft seen last year.

Fraud 130

Fraud Report cryptocurrency National 130

PYMNTS

MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason?

Bitcoin 123

Bitcoin Regulation cryptocurrency blockchain 123

PYMNTS

DECEMBER 15, 2017

A Long Island woman has been indicted on money laundering charges after she allegedly funneled $85,000 through bitcoin and other cryptocurrencies to ISIS. Attorney’s Office in federal court on a number of charges, including bank fraud and three counts of money laundering. . Fox News reported that Zoobia Shahnaz was charged by the U.S.

Bitcoin 101

Bitcoin Fraud cryptocurrency Cards 101

PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Bitcoin is like a [crypto] 101 version.

Bitcoin 258

Bitcoin cryptocurrency Course Boston 258

PYMNTS

DECEMBER 8, 2017

A cryptocurrency mining market in Slovenia, which lost millions in bitcoin in a Wednesday (Dec. 7), halting its work as it tried to piece together just how it was hacked and how much bitcoin went missing. Early estimates came in around 47,000 bitcoins, but the number has since risen.

Bitcoin 105

Bitcoin cryptocurrency Video National 105

PYMNTS

NOVEMBER 15, 2018

Instacart raises new capital, Berkshire takes a stake in Chase and bitcoin has a bad day. Data: Thanksgiving Day Will See Peak Fraud Attempts. New data shows a projected 14 percent increase in fraud attempts during the upcoming 2018 holiday season, with fraud likely to peak on Thanksgiving Day. Bitcoin Drops Below $6,000.

Bitcoin 185

Bitcoin Fraud America National 185

Bank Innovation

OCTOBER 3, 2017

This hypothetical licensing program could put into place a nation-wide, unified regulatory framework for cryptocurrency exchange platforms. Last week, Japan’s […].

United States 284

United States cryptocurrency Bitcoin National 284

PYMNTS

MARCH 31, 2017

This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s Well, as long-term as bitcoin value can be.

Bitcoin 100

Bitcoin blockchain Capital Regulation 100

PYMNTS

APRIL 10, 2017

Wells Fargo found yet more fraud problems in its organization; Amazon announced some hi-tech staffing expansions and bitcoin finally found a government with the will to recognize it as a currency. Japan Gives Bitcoin a Big Thumbs Up. at the hands of the SEC, bitcoin world was looking for some good news. Yes, we checked.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

SEPTEMBER 30, 2020

Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 million, CoinDesk reported. The agency claimed that the defendant scammed investors between January 2018 and January 2019 as he purported to never finish a trading day with losses.

Florida 151

Florida Lending blockchain National 151

PYMNTS

JULY 1, 2019

The post reportedly directed victims to a fake story about Sheikh Mohammed bin Zayed, the crown prince of Abu Dhabi and deputy supreme commander of the armed forces, claiming that he wants to make people rich via a fake bitcoin trading platform.

Bitcoin 100

Bitcoin blockchain social media New York 100

PYMNTS

MAY 2, 2018

After hackers stole data from the computer system of a Massachusetts school system, they offered to return the information in return for a $10,000 bitcoin payment. As a result, the district paid the $10,000 in bitcoin. s National Health Service. s National Health Service. Why did that become a trend?

Bitcoin 104

Bitcoin Data Massachusetts System 104

PYMNTS

APRIL 26, 2019

Hackers are still using classified exploits built by the National Security Agency two years after they were stolen, this time to mine for cryptocurrency. Bitcoin also got more support Thursday when Lil Pump, the U.S.-based based rapper, announced he is accepting bitcoin as a payment method on his merchandise store.

Bitcoin 115

Bitcoin cryptocurrency blockchain Security 115

PYMNTS

NOVEMBER 5, 2019

The type of tax paid — capital gains tax, corporation tax, income tax, national insurance contributions, stamp taxes or VAT — will be decided by the tax authority. In other news, crypto exchange Bittrex is being sued over a SIM swap that enabled criminals to obtain 100 bitcoin, currently worth nearly $1 million.

Taxes 100

Taxes Bitcoin blockchain Seattle 100

PYMNTS

JANUARY 13, 2021

With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association. The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

JANUARY 1, 2021

Among the changes, according to the government, are that BitGo hired a chief compliance officer and "screens all accounts, including 'hot wallet' accounts, against (the Office of Foreign Asset Control's) Specially Designated Nationals and Blocked Persons List, including blocked cryptocurrency wallet addresses identified by OFAC.".

Miami 201

Miami Bitcoin cryptocurrency Florida 201

PYMNTS

AUGUST 12, 2020

A group of the country’s mayors, the Bolivarian Council of Mayors, has signed onto the government’s “National Tax Harmonization Agreement” that would allow 305 municipalities in the country to pay taxes with the Petro.

Taxes 160

Taxes Bitcoin cryptocurrency New York 160

PYMNTS

SEPTEMBER 29, 2020

In a report, the Financial Intelligence Unit said that firms registered in other nations and led by eResidents have participated in “a few large-scale exit scams," Bloomberg reported. Approximately 70,000 virtual IDs have been provided to eResidents from 174 nations. Estonia is a country of 1.3

Bitcoin 193

Bitcoin social media National Report 193

PYMNTS

JUNE 18, 2019

According to The Citizen , “Bitcoin Wallet” promises returns of 100 percent in 15 days. Name of branch — not the [National Credit Regulator (NCR)] format. Are we ready, as a society, to refuse cash?” she asked. A cryptocurrency Ponzi scheme in South Africa is generating R2 million ($135,000 USD) every day.

Bitcoin 134

Bitcoin cryptocurrency blockchain Google 134

PYMNTS

NOVEMBER 13, 2018

The idea behind the app for “programmable money” was to help enhance budgeting and insurance payouts and involved National Disability Insurance Scheme (NDIS) members. And a commercial bank and federal agency in Australia have concluded an experiment with a “smart” money blockchain app, Coindesk reported. ”

blockchain 169

blockchain Bitcoin Software Industry 169

PYMNTS

NOVEMBER 15, 2019

Website DECPAPI.com spotlighted an API with a countdown that showed the national stablecoin would launch on November 20. But PBoC said the site is false, and also warned about the rise of scams and ponzi schemes related to the digital currency.

DC 100

DC social media Bitcoin cryptocurrency 100

PYMNTS

SEPTEMBER 11, 2019

Fraud Trends. According to an earlier analysis of this particular fraud trend, Ronnie Tokazowski , senior threat researcher at Agari , said, “For trends that we’re seeing, actors have been asking for gift cards instead of wire fraud, but still engage with wire fraud as well. Fraud Crackdown. billion in 2018.

Fraud 163

Fraud social media Cards Bitcoin 163

PYMNTS

MARCH 27, 2017

As far as cryptocurrencies have come in recent years, a number of security and fraud risk elements still remain. But developers are working to bring the seedier side of bitcoin to a close. All bitcoin transactions by design are recorded in a permanent public ledger accessible to anyone.

cryptocurrency 100

cryptocurrency Security Bitcoin blockchain 100

PYMNTS

JUNE 30, 2020

The move comes as the institutions aims to defend against efforts to avoid hyperinflation in the nation. On another note, the central bank of Zimbabwe has reportedly stopped all transactions by “mobile money agents” and restricted payment sizes via other firms, Coindesk reported.

Bitcoin 200

Bitcoin United States cryptocurrency Mobile 200