The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong Kong, China, Mexico, and the United Arab…
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The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe. Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3. In a Jan. 3 Twitter post the Solana-based…
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Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions.…
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