Crypto Grey Zone Explodes: Why Vietnam’s ONUS Bust Is A Warning To Retail Tra...
Vietnam’s police has dismantled an “exceptionally large” multi-billion dollar crypto scam centered on selling fake digital currencies. Inside The Multi-Billion Dollar Crypto Scam The Vietnam’s Ministry of Public Security (national police) announced on Thursday the arrest of at least seven people in relation with ONUS, a Vietnamese-based crypto investment app and exchange that was used […]
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The E-commerce and Information Technology Department of Vietnam has issued a warning against using or investing in Bitcoin and other digital currencies online. Bitcoin and other digital currencies may be well recognized across the world for its potential to change not only the monetary system but also the whole tech industry, but they do not command the same respect when it comes to regulatory aspects. The blockchain technology, on which most cryptocurrencies are created is being embraced by mainstream industries including banking and financial sector. Even though the Banking and Financial....
The evolution of new digital technologies has created a new shift in the value proposition for financial products and services. Digital asset management based on distributed ledger technology has opened the gates to financial institutions and regulators, with the aim of disrupting this new wave. Nevertheless, it has also opened the door for the creation of fresh and innovative opportunities and ways of conducting business. Who Is Wallex? Amidst the beginning of the technological wave, Simone Mazzuca found a missing piece in the grey zone in digital asset management, therefore creating the....
Hacken, a prominent cybersecurity, blockchain and cryptocurrency community is organizing the First Grey Hat Hackers Idea Competition where hackers and computer enthusiasts can submit their ideas to detect and counter vulnerabilities in crypto and DeFi projects. The hackathon offers Grey Hat hackers an opportunity to implement their ideas with the support of the Hacken community […]
In a bust that once again reveals the dark side of cryptocurrency usage, the Hong Kong Customs cracked down on a sophisticated money laundering operation, seizing assets and making several arrests. According to the press release by the Hong Kong Government, the operation to bust this money laundering scheme is dubbed “Fencing,” and it particularly […]
Community members of the cybersecurity company Hacken recently launched the First Grey Hat Hackers Ideas Competition. The competition website itself was later hacked. After the hack, those behind the breach used their access to leave a message announcing a new DeFi project along with more information for the Hackathon’s organizers. Here’s all you need to know about the world’s first Grey Hat hacker built DeFi project. First Grey Hat Hackathon Attracts World-Class Hackers Hacken community organizer […]