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FCA Warns Public About Clone Firm Offering Crypto Investment

FCA Warns Public About Clone Firm Offering Crypto Investment

The British Financial Conduct Authority (FCA) has warned the public about First BTC FX, a supposed clone firm offering fraudulent crypto investments.Using details of an FCA-authorized firmAccording to an FCA warning published on Sept. 20, First BTC FX is posing as authorized firm First Global Limited. First Global is a trade name for nonprofit organization…
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Fraudulent TON Investment Ads Reportedly Circulating Facebook

Fraudulent TON Investment Ads Reportedly Circulating Facebook

Fraudulent advertisements have reportedly begun circulating Facebook offering to join the Telegram Open Network (TON) investment platform.As Russian news outlet Kommersant reported on Sept. 20, ads promoting the so called “Successful Investor” account appeared on Facebook. Once clicked, the ad leads to a website disguised as Russian economics and technology media outlet RBC, where a…
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Verizon Awarded Patent For Blockchain-Based Virtual SIM Cards

Verizon Awarded Patent for Blockchain-Based Virtual SIM Cards

Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices.A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a traditional physical SIM card can be replaced with a software SIM version. According to the…
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Bitcoin Is Not Anonymous And Tor Users Are Forgetting This

Bitcoin Is Not Anonymous and Tor Users Are Forgetting This

Bitcoin is not an anonymous payment network. However, in practice, many people still appear to be forgetting this, even the most privacy-minded. A research paper from the University of Qatar reminds us that Bitcoin alone isn’t private. In fact, it can even deanonymize users seeking privacy from the anonymous communication network, Tor. This indicates a…
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Major Middle Eastern Bank’s Swiss Subsidiary Offering Bitcoin Services

Arab Bank (Switzerland), a subsidiary of major financial services provider Arab Bank, is opening up full brokerage and custody services for Bitcoin and Ethereum. Originally founded in 1930, Arab Bank is the largest financial institution in the Middle East, and the first one to open serious economic ties with Europe and the world at large…
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Discovering Bitcoin Part 5: Digital Scarcity

Discovering Bitcoin Part 5: Digital Scarcity

This is the fifth installment of bitcoiner Giacomo Zucco’s series “Discovering Bitcoin: A Brief Overview From Cavemen to the Lightning Network.” Read the Introduction to his series, Discovering Bitcoin Part 1: About Time, Discovering Bitcoin Part 2: About People, Discovering Bitcoin Part 3: Introducing Money and Discovering Bitcoin Part 4: A Wrong Turn (New Plan…
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Bitcoin Now Available at Every 7-Eleven Store in the Philippines

Abra, creator of a cryptocurrency investment app, wants to bring bitcoin to retail users across the Philippines.  In a blog post published on September 18, 2019, Abra announced that it would be partnering with ECPay, a payment processing service, to provide cash-to-crypto options at over 6,000 retail outlet locations in the Philippines, including all 7-Eleven…
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