Crypto-related fraud is also on the rise. In 2019, money lost to crypto-related fraud passed the $4 billion mark. Scammers are particularly emboldened by the COVID-19 pandemic.

Avoiding bitcoin scams: Fraud is on the rise in Canada. The Canadian Anti-Fraud Centre detected 400,000 fraudulent phone calls in 2020 – like those pretending to be the Canada Revenue Agency

The goal of the partnership was to launch a trusted, reliable and flexible custody solution for Canadians looking to buy, sell and store their cryptocurrency.

Bad Crypto speaks with NDAX's Chief Compliance Officer, Julia Baranovskaya, about how you could avoid crypto scams.

Scams do not shy away from the cryptocurrency industry. In order to help you avoid becoming a victim of fraud, Our Compliance Officer, Julia Baranovskaya has the following recommendations for you:

This blog by NDAX Labs provides users an overview on how to protect their bitcoin assets against increasingly sophisticated hackers.

Simjacker: The Next Generation of Security Vulnerability -------------------------------------------------------------------------------- AdaptiveMobile Security [https://www.adaptivemobile.com/] sent shock waves through the IT and security communities by announcing the discovery of a brand-new form of high-tech crime they are calling Simjacker. In a blog post on Sept. 12 [https://www.adaptivemobile.com/blog/

Quantum Computers Threaten to Break Blockchain Encryption -------------------------------------------------------------------------------- The introduction of quantum computers has made cryptocurrencies [https://ndax.io/blog/article/cryptocurrency] and blockchains [https://ndax.io/blog/article/blockchain] vulnerable, as the vast computational resources of quantum computers can be used to break a blockchain’s encryption. While this

Advanced Security Systems with 2FA -------------------------------------------------------------------------------- It can be an absolute nightmare if a hacker or other malicious actor gains access to someone else’s user accounts without their permission. As people grow increasingly attached and dependant on internet services such as email and social media, the risk of having

Protecting your crypto wallet from SIM swap scammers SIM swapping is a crime that targets Two-Factor Authentication (also known as Two-Step Authentication or 2FA) verification systems by finding a weakness in the second factor in the verification process of receiving a text message or call on a mobile device. This

In part two of our “Protecting Your Crypto” series, we explore phishing and spear-phishing attacks.

We explore the latest tools and tricks being used in the cryptocurrency space to steal and cheat honest investors. The series will include investigations on QR code scams, spear phishing, SIM-swapping, and 2FA.