Video games introduce players to exciting worlds composed of stunning visuals, captivating storylines, and multiplayer experiences. Strategy, action, and community merge together on screen as players drive, fly, fight, and compete toward the end of their mission. Behind the scenes though sits another game of sorts, one that is of vital importance for publishers, marketplaces,…
As the Indian government further complicates their stance on whether or not citizens should be allowed to trade and own cryptocurrencies, hackers have found a way to exploit government websites in order to make a fortune in cryptocurrency through a popular hack called cryptojacking. A team of security researchers have found that multiple government owned…
The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes as the U.S. government and regulatory agencies step up their crackdown on cryptocurrency-related…
In a case that could set a precedent in the United Kingdom, a 37-year-old trader has pleaded not guilty to charges related to operating an illegal cryptocurrency ATM business Habibur Rahman, a 37-year-old trader from East Ham, London, has pleaded not guilty to charges related to operating an illegal cryptocurrency ATM business and laundering approximately…
Facebook has banned people entirely from advertising bitcoin and other cryptocurrencies. The site's new policy is just the latest expression of concern that the rising price and interest in bitcoin is allowing malicious scammers to try and defraud people interested in investing in cryptocurrencies. Facebook said it had found a huge number of people using the…
The crypto market has just entered into another tough period when a lot of coins started losing its value. In the midst of all the chaos, one cryptocurrency exchange announced a new pump scheme on several random coins, while hoping to get a boost itself. YoBit Plans a Pump-And-Dump Scheme YoBit, a Russia-based cryptocurrency exchange…
Blockchain analytics firm Chainalysis puts the number at close to $20 billion — the estimated volume of dirty money that flowed through Xinbi, a Chinese-language crypto marketplace, between 2021 and 2025. Now the UK government wants to shut it down. Related Reading Scam Hubs At The Center Of It All Britain’s Foreign, Commonwealth & Development…
What does a OneLife-produced event look like? Is the organization that supports the OneCoin community competent enough to produce a beauty pageant? The answer to those questions might surprise you. For this fourth episode, Jamie Bartlett and Georgia Catt go into the lion’s den. They travel to Bucharest, Romania, and witness the Miss OneLife coronation.…
At the same time, static fraud rules haven’t kept up. Attack methods shift quickly, and most platforms operate across multiple jurisdictions, each with its own compliance expectations. That combination makes rigid models for detecting synthetic identities difficult to rely on. As a result, many crypto companies are moving toward AI-driven fraud systems that can be…
Total fraud losses cleared $12.5 billion in 2024, a 25% rise from the prior year. The jump tracks a clean shift in tactics. Criminals dropped obvious phishing attempts in favor of AI-tuned attacks calibrated to whichever industry has the softest controls on a given day. British data captures the trajectory: deepfake attempts rose 94% in…