The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Vanguard Investments (not to be mistaken with Vanguard Australia). Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following…
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One of the most insidious tools within the cyber-criminal’s toolbox is malware, especially the form that invades your computer and reports back your every keystroke for further processing down the line. AI-driven software routines can quickly ferret out your private login and password combinations, such that it is only a matter of time before the…
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it's staggering to actually realize the magnitude of ICOs, especially when it comes to the actual amount of printed money that resulted from the creation of initial coin offerings. According to a research by TokenAnalyst.io, around $13 billion have been made as a result of ICOs. This sum is for the period 2017 - 2018.…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Capital Traders. Capital Traders is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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In the latest chapter of the continuing saga of Cryptopia, Binance has stepped forward and claimed to have frozen a portion of the stolen assets from the beleaguered crypto exchange. New Zealand police and the High Tech Crime Consortium (HTCC), an agency that deals with cybercrime, are presently conducting their investigation. All trading activities have…
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Eurex Clearing, part of Deutsche Börse Group, has announced that it has appointed Dmitrij Senko as Chief Risk Officer. It’s great news that Dmitrij has agreed to join the board,” said Erik Müller, CEO of Eurex Clearing. “Risk management is at the core of our business and is of special importance to Eurex Clearing. Dmitrij…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company St James Bank Limited. St James Bank Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Blockchain assets exchange platform Gate.IO has just announced that it has launched a new perpetual BTC/USD contract feature. BTC/USD is going to be with optional leverage scalings from 1-100. The feature also includes the following contracts: ETH/USD, EOS/USD, XRP/USD, BCH/USD, BSV/USD, LTC/USD, TRX/USD, ADA/USD, XMR/USD, and XLM/USD. The current maximum principal for every investor is…
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IHS Markit (Nasdaq: INFO) has announced the launch of its economic and financial scenario solution. The solution provides eight economic scenarios to help banks comply with the Current Excepted Credit Loss (CECL) estimation required under the Financial Accounting Standards Board (FASB) standard going into effect in 2020. The eight scenarios include the Macroeconomic Advisers by IHS…
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Earlier this week, the news of the first hack of a crypto exchange in 2019 hit the airways. The Cryptopia exchange in New Zealand suspended operations, citing “significant losses”. Local police are investigating, with very few details forthcoming. The lack of information has led to widespread speculation as to the nature of the hack, whether…
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