Singaporean authorities have issued a serious warning to businesses about the increasing danger of Bitcoin ransomware attacks. The Cyber Security Agency of Singapore (CSA) emphasized the rising frequency of these attacks, where hackers encrypt a company's data and demand payment in Bitcoin for its release.
Read MoreIt's unfortunate but not surprising that scammers often try to take advantage of communities during times of market recovery or high activity. David Schwartz's warning serves as an important reminder for everyone involved in the crypto space to remain vigilant and skeptical of potential scams.
Read MoreNew York Attorney General Letitia James has issued a stern warning to cryptocurrency companies, emphasizing the importance of compliance with regulations. This comes in the wake of a record-breaking $2 billion settlement with the bankrupt platform Genesis Global Capital.
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