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A new IMF study projects emerging economies will muddle through recent market turbulence without a severe shock to their financial systems, but flags an outside chance of a crisis.
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After obliterating ANOTHER opponent, Greg Hardy — now 3-0 as a pro MMA fighter — says he’s ready for a major UFC card … warning the heavyweight division he’s a very “dangerous” man. It only took the ex-NFL star 53 seconds to dispose of…
Top EU official warns that there are huge hurdles for the UK to conquer before a divorce agreement is reachedSeptember 19, 2018 | dailybusinessnews
The European Union’s top political representative issued a stark Brexit warning on Wednesday: Time is running out and there are still huge hurdles to conquer before a divorce agreement can be reached with the United Kingdom.
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Things are getting even more heated between Asia Argento and Rose McGowan, once thick as thieves amid the #MeToo movement: Argento has now demanded McGowan retract the statement she made Aug. 27 regarding sexual assault allegations against Argento. “Dear @RoseMcGowan. It is with genuine regret that I am giving you…
Mark Risher, Google’s director of product management, Google Identity, account security, and spam & abuse, recently urged cryptocurrency investors not to brag about their virtual currency holdings online.
Google Security Expert Cautions Traders Against Boasting Online
In a recent interview with CNBC, Google security lead, Mark Risher, cautioned crypto traders against boasting of their cryptocurrency portfolio on the internet.
Mr. Risher warned that gloating of one’s virtual riches risks attracting malicious actors such as cyber attackers, citing an uptick in attacks targeting the owners of cryptocurrency wallets. Mr. Risher asserted that many of said attacks can be traced back to a post made by the victim on a public message board – attracting the attention of scammers.
“It could just be a case of mistaken identity or guilt by association. They could be using someone who seems to be low value to pivot toward somebody considered a higher value target, like somebody political in nature. Or maybe they saw that you were discussing Bitcoin on a public message board,” he said.
Increasing Sophistication of Online Scammers
Mr. Risher also warned that social media has increased the sophistication with which many attackers target their victims through allowing scammers to conduct detailed research into the individuals that they target. “You might think of this generic ‘Dear Sir or Madam, I am contacting you to ask you for a favor,’ but the truth is many of these attackers have done some serious research on their victims,” Mr. Risher said.
Earlier this year, it was reported that cryptocurrency Youtubers were increasingly becoming targeted by malicious actors. Peter Saddington, the host of the Youtube channel ‘Decentralized TV’, recounted being hacked in late 2017, stating: “You have to be very careful about that stuff as a Youtuber. In my early days of Youtube, I used to show my trades. I learned that was not a good idea.”
Mr. Saddington asserts that many Youtubers have “learn[t] the hard way,” stating “We no longer have a bank that we can whine to and say, ‘bank, my mohackney was stolen, give it back to me.’ No. We’re not in that economy anymore. If you lost your Bitcoin that is 100 percent your fault.”
What is your response to Mr. Risher’s recommendations? Share your thoughts in the comments section below!
Images courtesy of Shutterstock
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John Bolton gave his first major speech as national security adviser Monday, and it was a doozy. He unloaded on the “illegitimate” International Criminal Court and warned its judges they will pay a stiff price if they go after US troops in Afghanistan, reports the New York Times . “The United…
Russia has warned the US military twice in the last week that its forces, along with Syrian regime units, are prepared to attack militants in an area where dozens of US troops are also located, according to several US defense officials.
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Belgium’s Financial Services and Markets Authority (FSMA) has published a list of cryptocurrency platforms showing signs of fraud. The list currently contains 78 crypto platforms, including 28 platforms added on Tuesday. Despite warnings, the FSMA continues to receive complaints from consumers about these crypto firms.
FSMA’s New Warning
Belgium’s Financial Services and Markets Authority (FSMA) announced Tuesday, September 4, that it has “updated its list of cryptocurrency trading platforms regarding which it has received questions/complaints from consumers and vis-à-vis which it has identified signs of fraud.”
The agency wrote:
Despite its earlier warnings the FSMA continues to receive new complaints of consumers who have invested in cryptocurrencies through these trading platforms. Hence, the FSMA repeats its warning against the fraudsters behind those platforms who are using cryptocurrencies to swindle consumers.
The agency started keeping a list of crypto trading platforms showing signs of fraud in February. Currently, there are 78 platforms on the list, including the latest 28 which the agency added on Tuesday.
Fraudsters “try to attract customers online through fake cryptocurrencies and huge profits,” the agency noted, emphasizing that “the only thing they actually do, however, is take the customers’ money and disappear. It is as simple as that.”
28 New Crypto Platforms Showing Fraudulent Signs
The 28 new platforms the ESMA warned about are 1st-cryptobank.com, bitc-international.com, boursebitcoin.com, ccg-investment.com, crownmanagers.com, crypto.bnd-group.com, crypto-access.com, cryptofrancecapital.com, cryptorama-bank.com, cryptos-marketplace.com, cryptowallet24.com, e-cryptoney.com, ecrypto-international.com, emarketstrade.com, executivecrypto.com, fair-oakscrypto.com, fast-coin.eu, globalmarkets-group.com, ldc-crypto-com, lgsinvestpartners.com, london-exchange.com, minedecrypto.com, mondial-investissement.com, placementcrypto.com, primecryptobank.com, truetrade-capital.com, vechain-wallet.com, and wallet-coins.com.
The financial watchdog emphasized:
This list of cryptocurrency trading platforms is based solely on the findings of the FSMA, in particular as a result of consumers’ reports. As such, it does not include all the companies which might be operating unlawfully in Belgium in that sector.
Many fraudulent platforms “claim to be active in the cryptocurrency trade,” the agency noted. However, after investing in cryptocurrencies through these platforms, consumers either “never recover the funds invested,” or “they simply have heard nothing further from the company after investing their money.”
Furthermore, the FSMA added that “some of these platforms also offer other financial products with cryptocurrencies as underlying asset,” such as “savings accounts with supposedly guaranteed returns, servicing rights or derivative products such as CFDs.”
What do you think of the FSMA’s list of crypto platforms showing signs of fraud? Let us know in the comments section below.
Images courtesy of Shutterstock and the FSMA.
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The post Belgium Warns of 28 New Fraudulent Crypto Platforms – 78 in Total appeared first on Bitcoin News.
President Trump sent a t weet Monday warning Syrian President Bashar Assad and his allies against a “reckless attack” on Idlib province. “The Russians and Iranians would be making a grave humanitarian mistake to take part in this potential human tragedy. Hundreds of thousands of people could be killed. Don’t…
President Trump late Monday warned Syria’s Bashar al-Assad and his allies in the region not to attack rebels in the country’s Idlib province, warning that “hundreds of thousands” could be killed.