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“Blockchain Bandit” stole $54m in Ether from wallets with weak private keys – 21 April 2019

by admin | Apr 21, 2019 | News & Analysis

Researchers at Independent Security Evaluators found that one “blockchain bandit” stole $54 million in Ether from wallets with weak private keys People put a lot of faith into their cryptocurrency wallets, but such faith can be severely misplaced. Researchers at...

Serial fraudster swindled $75,000 while behind bars – 21 April 2019

by admin | Apr 21, 2019 | News & Analysis

A serial fraudster convinced a fellow inmate he was a professional gambler with millions of dollars in assets before he swindled him out of $75,000 he claimed was to bet on horse races on his victim’s behalf....

NYC Swears its Face-Scanning Tech is Fake and Only Meant to Scare People Out of Doing Crimes

by admin | Apr 21, 2019 | News & Analysis

Face recognition is being used all over the world to track, shame and solve crimes, however the New York subway system is using fake recognition monitors to scare potential lawbreakers....

Every cryptocurrency can be hacked ‘within several seconds’ – 21 April 2019

by admin | Apr 21, 2019 | News & Analysis

Dr. Joseph Liu (Associate professor in the Faculty of Information Technology at Monash University) is developing and testing the first cryptocurrency that’s safe from quantum hackers. Liu says blockchain is set to touch every industry and corner of society....

The Lottery office and Lottoland on opposites sides of investigations. – 20/04/2019

by admin | Apr 20, 2019 | News & Analysis

The Australian Securities and Investments Commission (ASIC) is investigating a complaint against Lottoland’s jackpot betting. Jackpot betting works based on financial markets, and people can bet by trying to match numbers with financial indexes. ...

How to avoid being ripped off by a dodgy financial planner – 20 April 2019

by admin | Apr 20, 2019 | News & Analysis

A Brisbane financial planner (Bradley Sherwin) set up Ponzi-type scheme’s using clients money, without their knowledge. He lost the $60 million life savings of 400 clients. Article also gives good tips on how to avoid being scammed by a financial planner and what to...
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