SIM swapping attacks, a fraudulent method of taking over internet accounts by means of exploiting two-factor authentication, are a growing concern among information security specialists. For providers of wireless telecommunications services, SIM swapping can be extremely embarrassing because it involves social engineering attacks perpetrated against customer service representatives in order…
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99Crypto
Central Banks Assess Risks of Distributed Ledger Technologies
Three monetary and cryptocurrency analysts discussed the challenges and prospects of digital currencies issued by central banks. This discussion took place on March 7, 2020 at Massachusetts Institute of Technology's officially-sponsored Bitcoin Expo 2020. Those experts discussed distributed ledger technologies (DLT) and how they could improve the current…
The Better Business Bureau Spot-Lights Cryptocurrency Scams
The Better Business Bureau is warning Americans about cryptocurrency investment scams. Typically, scams operate by promising investors a high rate of return, which is believable to people as they read about early Bitcoin investors who made millions. The BBB says three out of 10 fraudulent transactions involving U.S. and…
India is One Step Closer to Working With Crypto Companies
Banks in India can now do business with crypto companies. Previously, the Reserve Bank of India wouldn't let banks open accounts for crypto firms, however, the Indian Supreme Court overruled the ban, saying the bank hadn't proven cryptocurrency trading was risky for the banking system in…
The Crypto Bulls Roadshow is Back On With Anticipated Visits in 15 Cities in India
A highly-anticipated cryptocurrency tour of sorts is back on after India has backed off its cryptocurrency ban. The Crypto Bulls Roadshow will visit 15 Indian cities to help educate the public about the benefits of Bitcoin, blockchains, and cryptocurrency. The Reserve Bank of India had previously moved to ban Indian…
Interlay Project To Decentralize Polkadot Finances With Web3 Foundation Grant
The Interlay project has been chosen to receive a Web3 Foundation grant that will allow it to keep working on Polkadot. The funds will be used to make a parachain that will connect to the Bitcoin technology. In a March 5 press release, it was announced that Interlay is one…