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Tag: Scams and Fraud

North Korean hacking group APT43 found to rely on cryptocurrency crime

Ad A North Korean hacking group called APT43 has been found to be reliant on cryptocurrency, according to a report from the security firm...

Crypto Trading Added to Major Forex Broker Platforms

The forex market is one of the most liquid but also volatile markets compared to other financial markets. Forex traders must be aware of...

Crypto investment fraud in the US hits record $2.57B – up 183% YoY

Cryptocurrency investment fraud in the U.S. was up almost 3x year-over-year in 2022 — making investment fraud the “costliest scheme reported,” according to the...

Crypto-related Crime in Australia: What Court Records Tell Us, and What Lies Ahead – Regulation Asia

In trying on the 59 legal circumstances within the examine, various fascinating tendencies emerged:1. Crypto was primarily used as a way of fee or...

UK’s Third Largest Bank NatWest Places £1,000 Daily Limit on Crypto Deposits

Popular UK-based financial institution National Westminster Bank (NatWest) has restricted the funds its customers can spend on crypto purchases to reduce their exposure...

8 Essential Tips to Make Your Los Angeles Apartment Search a Breeze

Finding an apartment in Los Angeles can be a daunting task, especially for those who are new to the city. Los Angeles is a...

Telegram insider server access offered to Dark Web customers

SafetyDetectives Cybersecurity Team Published on: January 9, 2023 The SafetyDetectives cybersecurity team has uncovered a store in the...

Six key UK fraud trends to watch out for in 2023 (Traci Krepper)

The UK fraud epidemic shows no signs of slowing down. Consumers have never been more vulnerable to scams and fraud attacks, as criminals look...

Inaccurate U.S. Senate Testimony Misleads Lawmakers, Public About Bitcoin

This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy.On December 14, the U.S. Senate Committee on...

Solidproof Partners with FOMODEX to Empower DeFi Users in Avoiding Scams

The two platforms work together to create posts that inform the crypto community on ways to maintain anonymity while trading, purchasing, and investing in digital assets. The content also informs users on the importance of vetting pre-sales to ensure they don't invest in phony tokens or lose money to rug pulls.

The educational platform also focuses on the importance of efficient smart contract audits for DeFi projects to eliminate bugs and other security loopholes that bad actors can exploit.

The increasing fraudulent schemes call for innovative solutions and education to protect DeFi market participants. SolidProof, a leading blockchain audit company, has stepped up to help safeguard the $69.43 billion locked in various DeFi protocols.

The Go-to Platform for Efficient Audit Solutions

Solidproof launched in 2021 to bring transformational audit solutions to DeFi, making the space safer for all users. The project has introduced proper audit tools that empower established and new projects to secure their protocol by rooting out vulnerabilities and inefficiencies. 

Solidproof also offers a built-in Know Your Customer (KYC) solution that verifies users' identities to protect blockchain-based projects from money laundering and terrorist financing risks. The KYC process also vets the team behind a project, guaranteeing investors that the developers are qualified, legitimate, and well-intentioned. 

The German-based company recently introduced its smart contact audit automation tool that promises to be a game-changer in the industry. The auto tool shortens the time needed to review and analyze complex DeFi code and tax systems. It also fine-tunes the audit process, making it possible to discover hard-to-find vulnerabilities that manual testing often misses. 

The auto tool solution enhances the firm's ability to produce reliable audit reports for numerous blockchain platforms. So far, over 350 projects have chosen trust made in Germany to safeguard their code and build up their credibility in the DeFi sector. 

Launchpad platforms such as Unicrypt have also integrated SolidProof's easy-to-use auto tool on their websites, allowing upcoming projects to seamlessly conduct an audit and KYC before launch.

About SolidProof

Solidproof is a leader in smart contract security solutions that brings accurate, reliable, affordable smart contract audits made in Germany to the DeFi sector. The firm plays a significant role in eradicating scams and fraud from the DeFi space with its revolutionary audit and KYC services. 

The blockchain auditor has secured hundreds of projects, helping instill trust in the fast-growing DeFi industry. To learn more about Solidproof's security solutions and connect with its community, click on the links below:

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Chargebacks911 and Microsoft team up to launch fraud protection solution for financial institutions

Chargebacks911, a post transaction fraud platform, is working with Microsoft to launch a new fraud protection solution for financial institutions that identifies and combats fraud with the use of integrated data and adaptive artificial intelligence (AI) technology. By combining Chargebacks911’s dispute and chargeback technology with Microsoft Dynamics 365 Fraud Protection, financial institutions get a complete […]

The post Chargebacks911 and Microsoft team up to launch fraud protection solution for financial institutions appeared first on Fintech News.

Trademarks for Social Media Influencers

There is no question that social media has created nearly limitless opportunities for social media influencers and marketers to reach their clients outside of traditional mass-media channels. The influencer market has surpassed $10 billion dollars as platforms such as Snapchat®, TikTok® and YouTube® have enabled influencers to reach a wide variety of different demographics. Whether […]

The post Trademarks for Social Media Influencers appeared first on The Rapacke Law Group.

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