• Latest
  • Trending
UK Losses 0 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities

UK Losses 0 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities

October 20, 2021
Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

January 30, 2023
Key takeaways from Circle’s $44.5B USDC reserve report

Key takeaways from Circle’s $44.5B USDC reserve report

January 30, 2023
Mina (MINA) Jumps 28% in Rare Weeklong Upshoot, Here’s Reason

Mina (MINA) Jumps 28% in Rare Weeklong Upshoot, Here’s Reason

January 30, 2023
Unlock the Potential of Blockchain for Your Business

Unlock the Potential of Blockchain for Your Business

January 30, 2023
Bullish Break To $120 Still In Sight

Bullish Break To $120 Still In Sight

January 30, 2023
Metaverse Mania Fades: Decentraland and The Sandbox Loses 95% Capitalization | by Paul Phoenix | The Capital | Jan, 2023

Metaverse Mania Fades: Decentraland and The Sandbox Loses 95% Capitalization | by Paul Phoenix | The Capital | Jan, 2023

January 30, 2023
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals

January 30, 2023
55% of Ethereum (ETH) Holdings Now on These Two Exchanges: Details

55% of Ethereum (ETH) Holdings Now on These Two Exchanges: Details

January 29, 2023
Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin stays out of fear for 11 straight days as price tips near 24K

January 29, 2023
  • Privacy Policy
Monday, January 30, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto Technical Analysis

UK Losses 0 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities

J_News by J_News
October 20, 2021
in Crypto Technical Analysis, Top News
0
UK Losses 0 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter


Cybersecurity

UK Losses $200 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities

  • AnTy
  • October 19, 2021

Frauds related to cryptocurrencies surged over 146 million pounds ($200 million) in the first nine months of the year, said the UK Police.

The amount of money lost in 2021 so far is 30% more than all of 2020.

The Police also said that more than 7000 reports of crypto-linked frauds were reported to the U.K.’s national reporting center for fraud and cybercrime this year. More than half of these victims were between the age of 18 and 45 years, they added.

Additionally, fraudsters often used a fake celebrity endorsement to lure people in, with about 79% of all complaints reporting a fake endorsement.

“Reports of cryptocurrency fraud have increased significantly over the past few years,” said Temporary Detective Chief Inspector Craig Mullish.

“Being online more means criminals have a greater opportunity to approach unsuspecting victims with fraudulent investment opportunities.”

Elsewhere, India’s three cryptocurrency exchanges WazirX, CoinDCX, and CoinSwitch Kuber, have blocked over 200,000 accounts in the past six months, citing malicious activities.

CoinSwitch Kuber alone suspended 180,000 accounts between April-September 2021 and is currently monitoring the daily activities of around 200k accounts that may be malicious, CoinSwitch Kuber CBO Sharan Nair told BusinessLine.

Binance acquired WazirX meanwhile has blocked 14,469 accounts. The exchange also received 38 requests from the law enforcement agencies of India and the US, UK, France, Austria, Switzerland, and Germany to block the accounts.

To track malicious activities, WazirX has collaborated with crypto compliance platform TRM Labs.

AnTy

AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.



Source link

Related articles

Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

January 30, 2023
Key takeaways from Circle’s $44.5B USDC reserve report

Key takeaways from Circle’s $44.5B USDC reserve report

January 30, 2023
ShareTweetShareShare
Previous Post

France Central Bank ‘Successfully’ Tests its CBDC in a Series of Government Bond Transactions

Next Post

ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut

Related Posts

Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

by J_News
January 30, 2023
0

Dogecoin, the original memecoin, is currently showing a solid performance, retesting its current resistance which is at $0.09370. According to...

Key takeaways from Circle’s $44.5B USDC reserve report

Key takeaways from Circle’s $44.5B USDC reserve report

by J_News
January 30, 2023
0

USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion...

Mina (MINA) Jumps 28% in Rare Weeklong Upshoot, Here’s Reason

Mina (MINA) Jumps 28% in Rare Weeklong Upshoot, Here’s Reason

by J_News
January 30, 2023
0

Godfrey Benjamin Mina is up by 38% over past week on heightened zk-rollups momentum Mina (MINA) is starting the week...

Unlock the Potential of Blockchain for Your Business

Unlock the Potential of Blockchain for Your Business

by J_News
January 30, 2023
0

Blockchain technology has the potential to revolutionize many industries, and businesses that ignore its potential do so at their own...

Bullish Break To $120 Still In Sight

Bullish Break To $120 Still In Sight

by J_News
January 30, 2023
0

Litecoin price extended its increase above the $90 zone against the US Dollar. LTC is rising and might attempt a...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Web3 vs Web2 – What Are Some Of The Core Differences?

NFT Art marketplace development- Carving the boutique of NFT Arts | by Linda John | The Capital | Dec, 2021

Shiba Inu Burn Rate Surges Over 1,300% In 24 Hours

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT