Utilize the full power of the Metaverse, which will provide you with daily benefits and rewards I'm going in!

Combined Forces are to Fight Against Cryptocurrency Frauds

2 min reading

Growing cryptographic crime has led organizations to join forces in order to counter fraudsters together. Do they have a chance to win against hackers? 

United fighting with hackers

Whale Alert a service that tracks large cryptocurrency transactions, announced on September 3 that it would start working with BitcoinAbuse, a public database of Bitcoin addresses. Cooperation is aimed at improving the fight against cryptocurrency-related crimes

The cryptocurrency fraudsters community is constantly increasing and growing in strength; we still remember the attack on Binance which took place in May this year, after which the exchange has lost over $40 million.  Verizon's report published in the same month also points to an increase in state-sponsored hacking.

Improved fraud tracking

It is also worth adding that Whale Alert is working on the second version of its platform, which is to be available in the fourth quarter of this year. The upgraded version is intended to improve cryptocurrency fraud and intrusion tracking. 

Yesterday (September 3), Whale Alert noted the transfer of 500 million XRP from the Ripple deposit to another wallet also belonging to the company. The transfer met with indignation from the cryptographic community which accuses the Ripple startup of collapsing in the price of the token. The XRP price has dropped slightly over the last hour, although the value of the token has been steadily decreasing over the past few months. 

Currency Exchange rate Buy cryptocurrency

Utilize the full power of the Metaverse,
which will provide you with daily benefits and rewards

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Ommyo.Net (www.ommyo.net). Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the ommyo.news/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Ommyo.Net c/o Fintech Labs Global Solutions, Unit 303, Ile Du Port, Mahe, Seychelles

The full document to read the ommyo privacy policy is available in this document.

Advanced settings can be changed in your browser.