Business

New Delhi residents fall victim to digital asset scam offering 200% returns
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2 January, 2023

New Delhi residents fall victim to digital asset scam offering 200% returns

Authorities in India have teamed up with Interpol for a massive manhunt to bring scammers, who allegedly defrauded investors of...
China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition
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2 January, 2023

China’s CBDC wallet utilizes AliPay’s red packets to boost adoption amid stiff competition

To boost CBDC wallet adoption and keep up with the payments industry, the PBoC digitally incorporated China's age-old tradition of...
Russia’s largest bank turns its sights to gold-backed digital financial assets
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31 December, 2022

Russia’s largest bank turns its sights to gold-backed digital financial assets

Sber says digital financial assets are "great alternatives" to regular investments, with a format of "digital gold" with the potential...
California flags 17 virtual currency websites for alleged fraudulent activities
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31 December, 2022

California flags 17 virtual currency websites for alleged fraudulent activities

Scammers use age-old methods like phishing and impersonation to lure victims into investing in the lucrative digital asset sector, promising...
Calvin Ayre’s 2023 predictions: Innovation on BSV Blockchain will win
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31 December, 2022

Calvin Ayre’s 2023 predictions: Innovation on BSV Blockchain will win

2023 will be the year that politicians, regulators and law enforcement agencies finally slay the ‘layer 1’ fraud at the...
North Korean hackers targeting Japanese financial firms with new malware
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31 December, 2022

North Korean hackers targeting Japanese financial firms with new malware

Working similarly with other hacking gangs, BlueNoroff uses fake websites and mimics popular VC firms and financial institutions to scam...
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