The U.S. Treasury’s Financial Crimes Enforcement
Network (FinCEN) has issued a notice urging financial institutions to monitor
suspicious transactions involving convertible virtual currency (CVC) kiosks. This follows a rise in scams and…
Key takeawaysPump-and-dump schemes in Web3 manipulate a cryptocurrency’s price through coordinated buying along with misleading information and hype to lure investors in before a mass selling of a token, leaving…
In brief
XRP hit a new all-time high of $3.66 this week before retreating to $3.15 amid surging volumes and renewed market attention.
Ripple CEO Brad Garlinghouse warned of scammers impersonating the…
Fraudsters and scammers are taking advantage of the recent crypto tailwind to up their attacks on the crypto community, warns Ripple CEO Brad Garlinghouse.Garlinghouse said in a statement posted to…
The Financial Sector Conduct Authority of South Africa has
issued a public warning as deepfake technology and AI-driven voice cloning
increase, prompting concerns among regulators and industry stakeholders about
growing financial scams.OpenAI CEO…
A town in Michigan that has no crypto ATMs has passed an ordinance that puts multiple restrictions on the kiosks and their operators with the aim of protecting residents from…
The Australian island state of Tasmania has become the latest to join a country-wide crackdown on crypto ATM scammers.Tasmania Police Cyber Investigations said on Friday that it found the top…
In brief
Individuals Decrypt spoke to said they had seen tactics by North Korean IT workers to get hired by foreign companies change over the past few months.
They believe the country…
In brief
Shenzhen officials have urged the public to report scams tied to stablecoins.
The warning comes a week after e-commerce giant JD.com warned of fake coin promotions.
Neighboring Hong Kong is expected…
Authorities in Shenzhen, China, have issued a public alert warning citizens about illegal fundraising schemes disguised as stablecoin and cryptocurrency investments. Shenzhen’s city government task force for combating illicit…