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2016 Was The Year Of Traditional Payment Fraud, Bitcoin Remains Most Secure Payment Method
The year 2016 has not been a good one for the financial sector. Not only are major banks colluding to commit fraud using customer details…
Venezuelan Government Fails To Provide New Bolivar Bills Amid Growing Financial Crisis
Not too long ago, the financial crisis in Venezuela took a major turn for the worse. Banknotes have to be replaced with higher denominations, and…
Coinbase Customer’s Motion To Oppose IRS Investigation May Not Succeed
The debacle between Coinbase’s IRS Summons and its user base are from resolved. Even though one of the exchange’s customers wants to intervene in this…
Antpool is Generating A Large Amount of Empty Bitcoin Blocks
Some very strange things are going on in the world of Bitcoin mining. Antpool, one of the largest BTC mining pools in the world, is…
Lisk Project Achieves First Major Milestone As Their Blockchain is Now Fully Decentralized
THe Lisk blockchain application platform has made a significant impact on the cryptocurrency industry over the past few months.Behind the scenes, the developers continue to…
IBM Survey Shows Enterprises Pay Up To US$40,000 To Deal With Ransomware Attacks
It is evident enterprises are not too sure how they should handle a major ransomware attack. Protecting against such a malware infection is a real…
Russian Police Arrests Ransomware Developer After Operation Avalanche
Even though ransomware remains a global threat, one of Russia’s largest malware developers were arrested last week. A man going by the name of Pornopoker…
Wells Fargo Sanctioned Again Due To Lack of Bankruptcy Contingency Plans
Wells Fargo is one of those banks who cannot seem to get things right as of late. After their account fraud affected thousands of customers,…
Australia Plans To Ban AU$100 Banknote To Provide More Liquidity To Banks
Several countries around the world have started banning large banknotes over the past few weeks. As a result, financial trouble ensued in both India and…















