Ripple Extends Banking Network With Finastra Partnership




  • In Business
  • 2019-10-10 08:00:41Z
  • By Coindesk
 
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Amid pandemic, crypto crime surges in first 5 months - CipherTrace
Amid pandemic, crypto crime surges in first 5 months - CipherTrace

Crypto intelligence company CipherTrace, which started tracking cryptocurrency crime a few years ago, said it has started to see coronavirus-related frauds that require some form of digital currency payment. Losses from cryptocurrency thefts, hacks, and frauds soared to nearly $1.4 billion from the beginning of the year until the end of May, a report from CipherTrace showed. The proportion traced to coronavirus fraud involving cryptocurrencies for the first five months of the year was minimal, CipherTrace said, but it did not give a specific figure.

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