If you own any virtual currency, what will happen to it after you’ve passed away? Would your friends and family know what you owned? Or how to access the funds?

Cryptocurrency space is maturing, India’s appetite for cryptocurrency is evident, as the country facilitates the highest recipient of remittances globally — more than $83 billion since 2018 every year. With the support of cryptocurrencies, the remittance market is anticipated to soar in India, with cheaper, more efficient methods of sending money.

Cryptocurrency is a fantastic way for people to invest their money in a technologically progressive and versatile way. However, it is also subject to considerable volatility and, as the IRS’s June announcement of a huge $2.3 million confiscation indicated, insecurity. Cryptocurrency and the regulation that surrounds it is undergoing vast change, with market forces changing on a whim every single month.

Over the past five years, blockchain technology has gone mainstream. More and more investors, businesses and opportunistic hobbyists are filling their cryptocurrency wallets with crypto assets like Bitcoin and Ethereum. In fact, the global user base of all cryptocurrencies increased by an estimated 190 percent between 2018 and 2020. There is undoubtedly money to be made, ushering newcomers into the world of blockchain.

“Never let a crisis go to waste.” It’s an expression that we’ve all heard a lot over the course of the last year. It is a reminder by Winston Churchill that in bad times that big problems often beget opportunities to do things differently — and better — next time around. No other industry as much as crypto has lived up to this quote.

Cryptocurrencies, once the exclusive domain of an idealistic fringe movement, have recently become attractive to mainstream retail investors. During the COVID-19 pandemic, the valuation of cryptocurrencies rose exponentially, reaching a market capitalization of over $2 trillion. Cybercriminals are always looking for the path of least resistance to make money and cryptocurrencies are now in their crosshairs.

Cryptocurrency and blockchain are two of the hottest trending topics in the financial and tech worlds, with interest in Bitcoin, Ethereum, XRP and even Dogecoin exploding in recent years. This growing interest in cryptocurrencies has made them a target for fraudsters. But it’s not just the popularity of crypto trading that has criminals chomping at the bit. The nature of blockchain currencies makes them highly susceptible to fraudulent activity.

Cybercriminals are running an online competition offering big prizes to anyone who believes they have found an unusual way to help crooks steal cryptocurrency.

Table of Contents PC gamers have long been frustrated by the rising cost of top-performing graphics cards, fueled in part by GPU-hungry cryptocurrency miners. It’s a dream scenario for scalpers, but can it be stopped? As experts in malicious bot activity, we talk a lot about scalpers at Netacea. Our Head of Threat Research Matthew Gracey-McMinn has even appeared on US news channels to talk on the subject.

Are you doing enough to prevent scammers from hijacking your social media accounts? Even if you have chosen a strong, unique password for your online presence and enabled two-factor authentication it’s possible that you’ve overlooked another way in which online criminals could commandeer your social media accounts and spam out a message to your followers.