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cryptocurrencies

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Cryptojacking – What Is It, Why Should You Care, and What Should You Do About It

In 2020, more businesses and individuals are conducting most, if not all, of their financial transactions online, including shopping and banking. Cryptocurrencies fit right into these digital transactions, acting as a virtual currency, which should be secure through cryptography. As with all things progressive for society, criminals will find a way to engineer it to the dark side. As a result, we have the emergence of cryptojacking, the unauthorized use of computing power to mine these currencies. What Is Cryptojacking? Everyone has heard of Bitcoin, however, there are currently 3,000 other currencies available. Cryptojacking attacks allow cybercriminals to use the…
admin
March 4, 2020
BlogNews

How to Guard Against Crime, Cryptocurrency Fraud, and Money Laundering

A young man in Los Angeles has pleaded guilty to charges of drug dealing, unlicensed money transmitting and money laundering relating to the processing of $25 million USD in illicit money via his Bitcoin trading services. This is the risk token issuers are facing. Fraud is a reality, which is why "Know Your Customer" (KYC) and "Anti-Money Laundering" (AML) are absolute necessities in any transaction using cryptocurrencies. The World Token Market has seen the future and the possible crimes associated with tokens and takes security very seriously. The proprietary platform created and used by Horizon-Globex not only incorporates the KYC…
admin
August 27, 2019