US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme

A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment card data, using cryptocurrencies like … Read more

Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key … Read more

Infographic Shows why Bitcoin is Superior to Card Payments or Bank Transfers

It doesn’t happen all that often to see bitcoin gain positive recognition. For some reason, Spain’s Cyber Security Institute deems it safer than bank-based payments and transactions.  The new infographic by Spain’s CSI paints an interesting picture. Bitcoin is a Solid Payment Method Most of the fraudulent financial activity occurs through traditional payment methods. This … Read more