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JULY 31, 2020

million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019. Corporate travel manager CWT paid $4.5

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DECEMBER 3, 2020

Australia’s largest cryptocurrency exchange, BTC Markets , revealed in a series of tweets that it had mistakenly revealed its client names and email addresses in an announcement from the company. In addition, there will be an internal review and additional rigor placed around data security and training.”.

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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

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JUNE 29, 2020

Connie Ngo , CertiK’s marketing manager, told CoinDesk in an email that the companies agreed “it would make sense to formally partner with one another as a public promise of Hdac’s focus on security and a symbol of CertiK’s ability to support larger enterprise-level solutions such as Hdac’s.”

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JUNE 23, 2019

Overstock CEO Patrick Byrne said that he welcomes Facebook ’s entry into the cryptocurrency market. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. The killer app of blockchain is security tokens,” Byrne said. I perpetrated a fraud.

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OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

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MAY 18, 2018

Bitcoin buyers beware: A new report in The Wall Street Journal has found hundreds of tech firms are using deceptive or fraudulent tactics to attract investors. In fact, the company’s entire team appears to be fictional, with the exception of two freelancers hired to market the project.

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AUGUST 23, 2018

Another round of attempts to get bitcoin exchange-traded funds approved by the Securities and Exchange Commission has failed. The SEC said the proposals for the funds did not do enough to show how exchanges that want to list the products can prevent fraud and manipulative acts.

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JUNE 21, 2018

Some defenders stated that the hack should be viewed only in light of the security (or lack thereof) of the exchange itself and does not reflect the fundamentals of bitcoin. It happens all the time … 5 percent is a lot in the stock market world, but it’s like nothing in the crypto space.”.

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JUNE 22, 2020

The Securities and Exchange Commission has filed a lawsuit to freeze the assets of two brothers allegedly engaged in “an offering fraud” and in misappropriating investor funds. Fraud relating to cryptocurrency has been on the rise in recent years as the form has become more mainstream.

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OCTOBER 13, 2019

financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well as report any suspicious activity. laws as securities, commodities, and security- or commodity-based instruments such as futures or swaps. Earlier this year, U.S.

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SEPTEMBER 29, 2017

Securities and Exchange Commission’s former Chairman Arthur Levitt doesn’t think the regulator is equipped to handle bitcoin, the cryptocurrency that has been surging in value all year. I think the tendency of the Commission has been to stay away from bitcoin,” the former SEC chairman was quoted as saying. “I

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JANUARY 14, 2019

Bitcoin, the leading cryptocurrency, climbed somewhat from a decline below $3,500 over the weekend, which was its lowest level since Dec. 14), bitcoin was at $3,543.80, marking a 0.7 It reached a low of $3,480 over the weekend, with one analyst citing security worries for the decline. percent higher, Bitcoin Cash was down 0.1

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SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

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OCTOBER 26, 2020

million in discounted bitcoin in exchange for gift cards — an amount that a report from Arcane Research says is half Paxful's trade volume, Cointelgraph reports. Trade of bitcoin for gift cards, the report says, comes out to 48 percent of Paxful's revenue. On P2P marketplace Paxful , traders are selling up to $16.2

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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?

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SEPTEMBER 15, 2020

India intends to propose legislation prohibiting digital currency trading, while other economies in Asia have opted to regulate the market, Bloomberg Qint reported. South Korea and Singapore regulate digital currency trades, while China recently let bitcoin be exchanged as virtual property instead of fiat currency.

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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.

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MARCH 30, 2018

With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion in value for the global cryptocurrency market since the start of 2018. That exchange provides pricing for CME’s bitcoin futures.

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OCTOBER 2, 2019

In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

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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 Hard fork, anyone?

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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.

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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.

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AUGUST 15, 2018

Bitcoin: the marquee name, the shorthand for the cryptocurrency space, the 800-pound gorilla in a barrel full of monkeys (and there’s little fun to be had in this barrel right now). And here, bitcoin stands out because it is down a relatively paltry 57 percent. The best performer over the same time frame? A stampede can gather steam.

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AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. Launched in 2018, the project monitors products sent via several steps to the customer, including product returns, to prevent counterfeit drives from being sent back.

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JANUARY 4, 2023

Guidance for banks on the lookout for crypto scams and fraud The turbulent cryptocurrency scene should put bankers on high alert. Takeaway 1 Cryptocurrencies are the newest and most popular field in potential financial gains through fraud. But with increased popularity comes more opportunity for fraud. DOWNLOAD WHITEPAPER.

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DECEMBER 2, 2019

It’s no secret that privacy and security are the prisms through which authorities have looked, and are looking, at Libra and other digital coins. In recent announcements, the numbers have been supporting the argument that cryptos are becoming a favored avenue of theft and fraud. billion in fraud and theft seen last year.

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FEBRUARY 27, 2019

JPMorgan Chase , aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. It is used mainly for international and securities transactions related to blockchain, but could be used by consumers in the future, as CEO Jamie Dimon told CNBC during the investor meeting.

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OCTOBER 5, 2018

The idea is to enable wine futures to be sold and traded on a secure platform, with the goal of preventing fraud by monitoring a wine’s provenance “at a cost bearable to the industry,” according to an announcement from the company. Overall, it is estimated that 20 percent of the world’s wine has labeling that is counterfeit.

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MARCH 23, 2018

To take stock of the cryptocurrency market, take stock? News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might be well-governed by the stock market when it comes to governance. The debate still hinges on what a security is.

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AUGUST 25, 2017

The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The move on the part of the SEC comes as the government agency has already signaled it would regulate the cryptocurrency market. 7 of this year.

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SEPTEMBER 23, 2016

Now You Can Trade Bitcoin Any Time. The Winklevoss twins want to trade bitcoin, and they want to do it now. Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., The price of bitcoin reached $607.31

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NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. PayPal is opening its network to allow consumers to shop using cryptocurrency. The mechanics and clumsiness of it all have not helped.

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MARCH 13, 2017

Is a bitcoin ETF DOA? News Friday (March 10) that the Securities and Exchange Commission (SEC) nixed a proposed rule change that could have given rise, sooner rather than later, to a bitcoin exchange-traded fund (ETF) took the wind out of the proverbial sales (pun intended) or the proverbial luster off the virtual currency for a spell. .

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DECEMBER 24, 2019

It does not have the characteristics of bitcoin speculation, nor does it require the currency basket assets to support the value of the currency like stable currency,” Mu said. The [digital yuan] currency is not used for speculation. The RMB is used to spend, not for speculation. The hard fork means that all node owners have to upgrade.

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FEBRUARY 27, 2020

Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. Ripple has argued that the case, were it to go forward, would upend and threaten to destroy the established XRP market, which has involved over $500 billion in trading over the last several years. XRP fell 8.2

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AUGUST 26, 2019

The US Federal Trade Commission announced that the promoters of recruitment-based cryptocurrency schemes have been permanently banned from operating or participating in any multi-level marketing program. In other news, the bitcoin network saw a boost in the value of transaction output, which brought it to its highest level in two years.

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