Displaying items by tag: Cryptocurrencies

Australia is ranked fourth in a global list of countries with the most cybercrime, with 102 victims per one millon internet users - roughly eight times less than the United States.

Scammers are capitalising on rumours that Amazon may be planning to launch its own cryptocurrency, according to security company Avast.

Billing itself as "crypto without the crazy", crypto-based savings products and wealth management company Cabital has chosen Sumsub’s all-in-one KYC/AML toolkit to conduct secure checks of potential crypto investors in just 2 minutes—all while ensuring 100% compliance with Europe’s strictest demands.

Billing itself as "crypto without the crazy", Cabital says "Cabital Earn is an innovative new investment opportunity that helps you earn sensible returns from crypto assets without unreasonable risks and costs", and the company has just secured new funding.

Email mailboxes at thousands of organisations have been hit by more than 12 million spear phishing and social engineering attacks between May 2020 and June 2021, according to a new report on email security.

"The future of money is digital currency" – Bill Gates

"I can say with almost certainty that cryptocurrencies will come to a bad end" – Warren Buffett

GUEST OPINION by Helen Langton, CEO, Asia Pacific and Middle East, International Compliance Association:  When such esteemed (and profitable) investors have such contrasting views about cryptocurrency, it is hard for the rest of us to say for certain if its influence is positive or malign. However, one thing is certain: it is here to stay. Cryptocurrency is no longer the plaything of criminals or confined to dark corners of the Web..

Global financial advisory and fintech organisation deVere Group has unveilled a new and exclusive product linked to the movements of cryptocurrencies Bitcoin and Ethereum.

India is set to put in place legislation outlawing the use of digital currencies in the country or even the mere possession of such assets, a report claims.

The move by worldwide online payments system PayPal to allow customers to hold bitcoin and other virtual currencies in their online wallets will end up making more than a few cyber criminals richer, a senior technologist has claimed.

Ransomware has evolved considerably from its first sighting — Cryptolocker was spotted on 5 September 2013 — and is unlikely to disappear anytime soon as the people behind this breed of malware develop more and more sophisticated ways of weaponising it, a senior security official from global vendor Sophos says.

Standalone 5G is coming in 2020 as a fully virtualised, cloud-native architecture that will enable ultra-low latency services and faster data speeds, opening up genuine avenues for differentiation, according to a new report.

Yes, that John McAfee, the famed security pioneer, libertarian, keynote speaker and independent US 2020 Presidential Candidate, will speak at StartCon 2019 and we have a video interview with him.

Australian cryptocurrency exchange Independent Reserve has launched a new platform feature which allows users to execute automated trading strategies.

Bitcoin is now becoming a “safe haven asset” and predicted to hit $15,000 in the wake of the devaluation of China’s currency, with the cryptocurrency jumping 10 percent as global stocks reacted to the devaluation of the yuan and the China-US trade war intensified, according to the chief of one financial analyst firm.

US lawmakers’ stance on cryptocurrencies is outdated and bordering on negligent, the founder and chief executive of independent financial advisory organisation, deVere Group, Nigel Green, has claimed.

Facebook’s announcement of its intention to launch a new virtual currency has prompted a warning from a Charles Sturt University expert that cryptocurrencies have a number of features that make them attractive to criminals.

Blockchain has substantial challenges to overcome if it hopes to be used for anything beyond cryptocurrencies, the Australian Computer Society says, adding that there are a number of technical, legal and educational hurdles standing in the way of broader use of the technology.

The value of annual bitcoin transactions is expected to slide further from the latter half of next year, according to a new study which reveals that daily cryptocurrency transaction volumes have fallen from an average of around 360,000 per day in late 2017 to 230,000 in September 2018.

Blockchain technololgy could turn the insurance industry on its head and, due to its auditability and reliability, is making it easier for insurers to offer higher quality, more efficient services with lower overheads and greater accuracy, according to a new report.

Global blockchain asset financial service provider, the Huobi Group, has launched its exchange technology and security offerings in Australia.