Nomad is the latest cryptocurrency trading firm to be hit with a significant theft of its crypto assets. Last week they announced a $190 million theft of their digital assets.
Category Archives: Cryptocurrency
Think Cryptocurrency is safe? Think again.
“In 2019 alone, an estimated $4.26 billion in cryptocurrencies was lost due to hacks, cybertheft, scams, misappropriation or insider fraud, up about 250% from 2018.” Fraudsters have upped efforts to attack cryptocurrencies in recent years. Fraudsters are using schemes such as: embezzlement, Ponzi schemes, phishing and ransomware. Currency Exchange Rates Unlike other frauds, if a …
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