That is so pathetic here in Nigeria that even the security agencies regard you as an internet fraudster once they see you having any thing cryptocurrency wallet on your phone.
Although there are series of bad people in cryptocurrency world but IEO is a measure taken to limit their activities.
Topic: Cyber Crimes and Crypto - page 2. (Read 649 times)
Crypto crimes are increasing day by day. They have been using it as a crime tool, doing exit scams, hacks, etc. Criminals are actually dragging the crypto's name and putting a bad reputation into it. In our country, bitcoin and other related crypto thing hasn't been had a good name to hear for most of the people here. It's because scammers are using crypto to attract innocent people.
Will be hard to stop the cyber crimes because they are smart guys and the number of hackers attacking grows each day. The best thing we can do is to put our coins in a secure place, we can put them on papers wallet or some option out of the network.
We can be sure the number of crimes will grow in the next years.
We can be sure the number of crimes will grow in the next years.
This is one of the reason why some people even the government doesn't believe and trust crypto because it is being used for illegal activities. I even heard that crypto are being used in the black market well especially that it is public yet we will never know the identity of the person but I guess I would agree on some statements that it should be regulated.
No wonder there are regulations against crypto in some countries. Although, some have now started embracing it and making good use of the technology in particular, to solve economic problems in their various countries.
Although, at some points you might not be able to separate both, except you are able to totally curb the former.
Although, at some points you might not be able to separate both, except you are able to totally curb the former.
Giving crypto bad name?? Seriusly, all people now crypto is great not bad, if people using it for bad action not means will give bad image, because crypto or money is only dead things. You can use it for good thing or bad thing. So Cyber crimes not related to cryptocurrency but with personality
Cybercrime has been in the world for ages even before cryptocurrency created, In real world cyber crime netted more than $4.3B and is that any impact with fiat money? Nothing. Same like crypto if people use it for any illegal reason, will any impact to crypto?? Nothing, people always believe crypto
It's not about crypto but it's about people who use crypto in bad thing
It's not about crypto but it's about people who use crypto in bad thing
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
No matter what people think about crypto, it has come to stay as it has loads of solutions to offer as it is now a global phenomena that people cannot deny. crypto is the best thing that has happened to the technological space and also has given so many investors enough reason to take advantage of investment opportunities. Blockchain is here to stay.
Yes, naturally criminals will use them like they did use cash before. That doesn't make cryptos bad. It just proves that they are good cencorship resistant currencies like cash was. Difference being that this has a way better change to go up in value because it doesn't get printed more and it's borderless.
Mitigating cyber crime would have been easier if the tenets of cryptocurrency have not been architectured to evade the long arms of the law. Decentralization and blockchain technology makes it difficult to track the digital prints of an offender
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
Any area of human life today is susceptible to attacks by cyber criminals. This is due primarily to the fact that computers are very closely entered into our lives.
Cryptocurrencies exist in the computer world, so they are most prone to crypto threats. Here and the usual deception, and hacker attacks and viruses and much more. Be careful and do not neglect your computer security.
Crimes happening through cyberspace is there even before the existence of bitcoin and other cryptocurrencies. Over the days after cryptocurrencies into usage criminals have got an easier access. Earlier there were more and more criminal activities that were done in exchange for bitcoin. Over the days its usage on illegal needs and on criminal activities have decreased a lot and the importance as an investment and as an alternate for fiat have increased big.
Generally speaking criminal acts can't be entirely prevented, although the rate at which crypto related cyber crimes keep occurring is escalating. Recently, plus token made away with a huge sum of money, I pity the victims. Funny enough even with the awareness, people still fall victim to some scam investment platforms which are obviously ponzi schemes in a bit to double their money (greed). The worst is hackers doing away with hard earned money of crypto enthusiasts, kidnappers requesting for crypto payments and other crypto related cyber crimes. Some argue that regulations will curb this but I don't think it will have great effect after doing my analysis.
There are crimes in any ways even with that FIAT system.
What is great with cryptocurrency is connected to blockchain system which transactions cannot be deleted and stays there forever.
Unlike in the system we have now in every country which can be manipulated.
What is great with cryptocurrency is connected to blockchain system which transactions cannot be deleted and stays there forever.
Unlike in the system we have now in every country which can be manipulated.
But you know that's impossible. It will not be possible to regulate crypto, because it is decentralized. We have to pump their cyber literacy to avoid becoming a victim of criminals.
This is the only way to diminish the crimes in the market of cryptocurrencies, people are so used to rely in a centralized party that they have forgotten how to protect themselves, this was in fact the main appeal of banks since people were unable to protect their own money but now that we have recovered our independence from banks thanks to bitcoin then we need to do our best to protect our coins, however taking into account what I see I will not be surprised if in the future people once again exchange their freedom for security when they deposit their coins in a bitcoin bank. I do not know how but there has to be a way to curb cybercrime for cryptocurrency to even get a breather not to talk of being regulated. Many people do not take cryptocurrency serious because they do not believe it is secure enough and that perception has stunted its growth over the last few years.
Crypto crime rates aren't higher than fiat money crime rates. Mainstream media like to show crypto in a bad light because it's a novelty that undermines their long trust in their governments and fiat money.
Don't you know that governments control most of their media outlets? There's really not many channels that aren't pushing their own political agenda or the agenda of whoever pays more.
I do not know how but there has to be a way to curb cybercrime for cryptocurrency to even get a breather not to talk of being regulated. Many people do not take cryptocurrency serious because they do not believe it is secure enough and that perception has stunted its growth over the last few years.
But you know that's impossible. It will not be possible to regulate crypto, because it is decentralized. We have to pump their cyber literacy to avoid becoming a victim of criminals.
Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
All these Criminal Acts is giving Crypto a bad name , i think there should be more measures and controls to be put in place in other to curb such occurence.
https://cointelegraph.com/news/cyber-criminals-netted-43b-from-crypto-related-crime-in-2019-study
Every good technology will always be used in criminal ways no doubt about it,even fiat is facing the same thing so its not a big deal to me,i wonder why crime is not giving fiat bad name when millions of criminals are using fiats as source to fund their organizations,the difference is there is good people and there is bad people its simple as that
I would really like to know why people seem to gravitate towards using btc still in the dark web versus say privacy coins. Also super fascinating technology from ciphertrace that can track all of that
Because bitcoin is bitcoin - the most accepted and recognized cryptocurrency. Also it's the most stable one.
Privacy coins are great I agree with you but they are still altcoins. You need a wallet that supports them and you need your partner to also have it and know how to handle this privacy coin. Almost everyone accepts bitcoin first and then try new altcoins.
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