FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud
The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ On Thursday, the U.S. government entity the FBI published a public service announcement that explains “criminal actors” are....
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The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their own research and verify that the decentralized finance platforms chosen were audited by independent parties.
Defi Platforms Under the Eye of the FBI
The FBI has begun to notice the attention scammers are giving to decentralized finance (defi) platforms in order to exploit their....
The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs. The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money.According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local utility companies. The imposters also utilize dating apps and pretend to be potential romantic partners or call victims to announce....
CoinWallet, an online bitcoin and multicoin wallet service has announced the closure of its services. The announcement cites a recent data breach that struck the wallet and bitcoin services provider on April 6, 2016. Online multicoin wallet service Coinwallet is shutting down its services following a recent data breach. Although the extent of the breach hasn’t been determined, the incident led CoinWallet management to conclude that recovery and realigning costs would not be feasible, thereby announcing the closure of the service in its entirety. The announcement also leaves no reason to....
In response to a motion filed last month, a majority of Nu shareholders voted in favor to make network's source code open. "With the successful passage of this motion, the Nu Shareholders[1] ("Shareholders") have instructed the Nu Development Team[2] ("Developers") to make the Nu source code available to the general public," Nu representative Ben posted. "The updated license will allow free, permissive use of the source code in Nu-related and derivative projects." Despite the motion's successful implementation, many shareholders believed that Nu could wait a little more before open....
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others,” the regulator said.
The Philippine Central Bank’s Crypto Warnings
The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), issued a public warning Tuesday regarding unregistered and foreign crypto....