Chinese Police Warn of a Rise in Digital Yuan-themed Scams
Chinese police have warned there has been an increase in digital yuan-themed scams, as the nation’s CBDC rollout gathers pace. Per the state-run news outlet CCTV (via Xinhua), officers in Shandong Province claimed they h...
Per the state-run news outlet CCTV (via Xinhua), officers in Shandong Province claimed they had seen a rise in digital yuan-themed “fraud.”
They said one recent scam had ensnared “tens of thousands of people.”
Officers said that “some criminal suspects” have “seen opportunities” to strike amid e-CNY adoption drives....
Read More: Chinese Police Warn of a Rise in Digital Yuan-themed Scams
Original source
Read on CryptonewsRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
US naval blockade of Iran spawns $344M in crypto scams targeting stranded vessels
The naval blockade's crypto scams highlight vulnerabilities in maritime security and underscore the need for robust digital fraud...
Crypto Today: Scam Warnings, SEC Rule Scrapping, and DOJ Task Force Bill
Crypto today: TRM Labs warns of World Cup scams, SEC proposes scrapping trade-through rules for tokenised stocks, and DOJ task for...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
Iran and US expected to finalize ceasefire deal within 24 hours, Bitcoin rises on reduced geopolitical risk
A finalized ceasefire could stabilize Middle East tensions, potentially boosting global markets and easing oil supply constraints....