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Bitcoin Daily: Binance Applies For Singapore Crypto License; CFTC Files Charges In Digital Ponzi Scheme

PYMNTS

Blockchain-based social media platform Steemit has partnered with the Tron foundation to bring users to Tron. The Commodity Futures Trading Commission has charged a Colorado resident with fraud in an alleged Ponzi scheme. Steemit is a platform where users can be paid to curate and create content.

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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

PYMNTS

Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. I perpetrated a fraud.

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Libra’s Regulatory Wish List For — And From — The Swiss

PYMNTS

Treasury official Sigal Mandelker, who serves as undersecretary of the Treasury for Terrorism and Financial Intelligence, said cryptocurrencies that operate anywhere in the United States will have to comply with regulations that target fraud. FINMA’S Take. The road to Libra’s ostensible 2020 debut is fraught.

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2019: A Banner Year (And Bumper Data Crop) For Hackers

PYMNTS

According to reports and as noted in this space, the data reportedly may have been accessed through manipulation of the social media giant’s API. High tech — the social media kind — also proved to be a lure for hackers, and where cumulatively 617 million records went on sale on the dark web in February for about $20,000 in bitcoin.

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Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US Subpoenas To Track Down $800M In User Funds

PYMNTS

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. The system could possibly monetize every single social media post on a given network for operators as well as content creators.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. users fall victim to fraud.”

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The 2015 GonzoBanker Awards

Gonzobanker

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Jill Castilla, CEO of Citizens Bank of Edmond, Okla. Freudian Slip Award.