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Crypto attracts more money in 2021 than all previous years combined, scammers netted $7.7 billion from victims

by AIP Online Bureau | Dec 20, 2021 | Eco/Invest/Demography, International News, Technology

“As the largest form of cryptocurrency-based crime and one uniquely targeted toward new users, scamming poses one of the biggest threats to cryptocurrency’s continued adoption,” Chainalysis said. Venture capital funds have poured about $30 billion...

Ransomware top threat for Indians in 2021, crypto scams surge

by AIP Online Bureau | Dec 2, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Attackers’ methods are becoming more sophisticated. Cybercriminals are using techniques that make them harder to spot and carrying out more personalised cyber attacks. They are also adding new spins on tried and tested techniques, especially in social...
Modi urges global cooperation to make cryptocurrencies safe

Modi urges global cooperation to make cryptocurrencies safe

by AIP Online Bureau | Nov 18, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Workplace/Employee Benefits

Prime Minister Narendra Modi . Prime Minister Narendra Modi India’s digital currency market was worth $6.6 billion in May 2021, compared with $923 million in April 2020, according to blockchain data platform Chainalysis. MUMBAI: Indian Prime Minister Narendra...
India could bar transactions in crypto, permit holding as assets

India could bar transactions in crypto, permit holding as assets

by AIP Online Bureau | Nov 17, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

India’s Prime Minister Narendra Modi last week chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources had said on Saturday. MUMBAI: India...

Crypto finance: Jayant Sinha-led Par panel to gather views from crypto exchanges, stakeholders

by AIP Online Bureau | Nov 15, 2021 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

“We have called stakeholders from across the industry including operators of major exchanges, members of CII as well as academics from the Indian Institute of Management (IIM) Ahmedabad, who have done a very thorough study on the crypto finance,” Sinha...
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