The UK Financial Conduct Authority (FCA) has put out details of the cloned firm James Hambros. 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 details as part of their tactics to…
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The recent meltdown in cryptocurrency valuations has been all encompassing. No programs, except for perhaps stable coins that are pegged to fixed asset values, have been immune. Bitcoin, the leader of the pack, has been hit hard, losing some 80% of its value from last year’s peak just below $20,000. The carnage, however, has been…
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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 Digital Gold Xchange Limited. Digital Gold Xchange Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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While the major focus of the cryptocurrency community and investors is focused on the falling price of Bitcoin, the “people’s currency” may be getting a major upgrade when it comes to its speed. One of the biggest limitations of the underlying technology of Bitcoin is the relatively slow speed of the protocol. One of the…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of November 2018. The average daily traded volume submitted to CLS was USD1.68 trillion down 1.7 percent from USD1.71 trillion in October 2018. Average daily traded volume submitted to CLS by…
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The concerns over the cryptocurrency regulations are growing constantly. Countries around the world are not really sure how to classify cryptocurrencies, as money, as digital assets, as property rights or as a completely different category. The US Treasury Department of Foreign Assets Control or OFAC has prosecuted two Iranians for conducting a major cyberattack, now…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Ranalter Thomas. 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 details as part of their tactics to…
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Making an educated forecast initially expects us to recall on past 2018 cybersecurity breaches. The year began with a huge explosion - Specter and Meltdown (otherwise known as Chipocalypse). Not at all like this had ever happened to PC and cybersecurity. A huge number of frameworks, and also cloud configurations, were influenced. The effect, and…
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When giants in the financial services industry decide to embrace a new technology, the credibility of that technology is propelled forward in a significant way. Nasdaq and Fidelity have done just that – They participated in the $27.5 million second round funding of ErisX, a soon to be fully regulated crypto exchange. Jay Clayton, the…
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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 Sullivan Seton Murphy Law Firm. Sullivan Seton Murphy Law Firm is not authorised by the FCA but has been targeting people in the UK and is…
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