Classic RA Leakage Costs Crypto Lender $10mn
Cryptocurrency lender BlockFi confused BTC with USD when paying a promotional bonus, prompting some users to run off with their unexpected windfall.
How Safaricom Tackles Mobile Money Fraud
Patrick Kinoti, Head of Fraud at Safaricom, covers multiple aspects of their strategy for protecting M-PESA customers during a short but effective video.
Mobile Money APIs, Society and Risk
Commsrisk writer and leading mobile money consultant Joseph Nderitu brought risk into clear focus as he explained the extent to which other businesses now depend on mobile money providers.
Fake Cryptocurrency Wallets Found on Google and Apple App Stores
It is estimated that cryptocurrency scammers stole USD2.7bn during 2020.
Anti-Virus Mogul John McAfee Charged with Using Twitter for Cryptocurrency Securities Fraud
McAfee claimed his phone and Twitter account had been taken over soon after he began promoting cryptocurrencies.
Why China’s Digital Currency Is a Threat to US Power
Leaders like Hong Kong’s Carrie Lam are working to align a state-backed digital legal tender with the sanctions-busting capabilities of a distributed ledger for international transfers.
Police Arrest International SIM Swap Gang That Stole $100mn in Cryptocurrency
Teenagers and twentysomethings in the UK, Malta and Belgium targeted American sports stars, musicians and influencers.
Will Bankers Force Telcos to Hire Chief Risk Officers?
When a telco that is also a bank appoints a CRO for its banking activities this begs a question about why it does not have a CRO for the rest of its business.
SS7 Used to Hack Messages of 20 Cryptocurrency Execs
Hackers took control of Telegram, Gmail and Yahoo accounts with the intention of tricking the victim’s business associates.
The 10 Commandments of Launching Mobile Money
Our resident mobile money expert looks back at what he has learned during the 13 years since he first launched a mobile money service.