Crypto address poisoning fraud concerns and prevention
Harry wants to send 2 bitcoins to his mate Sam; he has interacted with Sam’s wallet address in the past, and their previous transactions have both incoming and outgoing transfers…
Wallet Dusting, Fraud, and Privacy: What You Need to Know
A mate of mine enquired about microscopic amounts of crypto suddenly appearing in his Uniswap wallet. They are usually random cryptos and are identified as Dust. So, what does having…
Reflections on CryptoCon Sydney 2024: Key Insights and Takeaways
The CryptoCon Sydney event in 2024 brought together crypto enthusiasts, investors, tax experts, financial crime specialists, and people from all walks of life to explore strategies and challenges shaping the…
What is the Nakamoto Coefficient, and why understanding it can prevent you from falling victim to an investment scam or a rug pull?
Named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin, the coefficient is a metric used to measure the decentralization of a blockchain network. It calculates the minimum number of entities…
The 101: Payments – FATF Travel Rule
One of the key regulations developed by the FATF to address these concerns is the “Travel Rule.” This rule mandates that financial institutions share certain information about the originators and…
Understanding Cryptocurrency Addresses: Key Parameters and Identification Techniques
Cryptocurrency addresses are unique identifiers used to send and receive transactions on blockchain networks. While these addresses may appear as a random string of alphanumeric characters, there are various parameters…
The 230 Million-dollar Dollar Crypto theft no one is talking about
In mid-July 2024, WazirX, one of India’s largest cryptocurrency exchanges, was rocked by a massive security breach resulting in the theft of over $230 million in digital assets. The incident…
Four Steps for Investigating meme coins before Investing in them
The cryptocurrency industry has roared back to life, entering a new bull market phase with unprecedented momentum, transforming skeptics into believers overnight. However, if you are planning to invest in…