Attorney General Ford Urges Nevadans to Protect Themselves From Cryptocurrency Scams As National Consumer Protection Week continues, Nevada Attorney General Aaron D. Ford advises Nevadans to be on alert for cryptocurrency scams. As we increasingly live our lives online, major retailers including AT&T, Overstock, Subway, and Twitch have adopted cryptocurrency – digital currency that exists virtually – for everyday transactions. Even banks, such as Bank of America, JPMorgan Chase and Ally Bank, have become crypto-friendly. Unfortunately, scammers have also adopted their tactics to capitalize on this emerging market and rapidly developing technology.To get more news about crypto exchange scams, you can visit wikifx.com official website. “The safety of Nevada consumers is a top priority at my office,” said AG Ford. “As technology becomes an increasingly integral part of our lives, scams involving digital currency are becoming more prevalent. We want Nevadans to know how cryptocurrency works and what they should watch out for to protect themselves and their families.” How Cryptocurrency Works While there are crypto-friendly banks, cryptocurrency is distinct from traditional U.S. currency in that is does not come from a centralized entity, like a bank. Traditional currency comes from two sources – the Bureau of Engraving and Printing produces paper currency, and the U.S. Mint produces coins. Cryptocurrency, however, is produced and managed online and contains its own accounting system based on the technology with which it is produced. This technology, known as blockchain technology, acts as an immutable virtual ledger, ensuring each transaction is secure. In other words, cryptocurrency is both a virtual currency and its own secure accounting system. Blockchain technology allows information to be distributed and recorded but never changed once a virtual transaction has occurred. Cryptocurrency is often stored in a digital wallet that is maintained virtually. This digital wallet is used to store a private key – a personal alphanumeric code – which allows you to participate in transactions and confirm ownership on blockchain. Lastly, you cannot physically withdraw cryptocurrency. However, Cryptocurrency ATMs allow you to exchange your cryptocurrency for cash you can physically withdraw. The amount of cash you ultimately withdraw is based on the current market rate for that particular cryptocurrency at the time of the withdrawal. There is not one, singular cryptocurrency, but many, such as Bitcoin, Ether and Tether. Like traditional currencies, each can have a different volatility level and exchange rate. An Unlikely Venue for Cryptocurrency Scammers: Dating Websites While many of the federal financial laws are being extended to better regulate cryptocurrency, the extent and breadth of regulation is evolving. With so much changing the world of cryptocurrency, scammers haven’t failed to take advantage of unsuspecting consumers even in the most personal of venues – dating websites, where cryptocurrency romance scams are on the rise. In a cryptocurrency romance scam, a scammer often creates a fake dating profile, using pictures and providing information, such as location, interests or experiences, that are not true. Often, the pictures are of very attractive men or women, which are purposely chosen to lure as many victims in as possible. Once matched with someone, the scammer will begin chatting just like anyone else – sharing basic information that is fake. The scammer may even ask you about your likes, dislikes and friends, leading you to think a romance is blossoming. The scammer may keep chatting with you for days or even weeks to build trust. The scammer may even seem like they are jealous of your time or attention. However, the same scammer will conveniently never initiate an in-person date or even a phone call. The scammer may even ask if your communication could move to a messaging app, such as WhatsApp or Telegram. In one instance, the scammer asked if the victim-target had ever thought about investing in bitcoin and offered to teach her. When she declined, stating she didn’t have the money to invest, he continued to pursue the subject, adding she would only need $1,000 to begin investing. Even more, he offered to cover whatever she might lose. When she again said no, the scammer argued that she didn’t trust him and stopped talking to her. Unfortunately, these types of cryptocurrency investment scams via dating apps are all too common, leading even the dating websites to advise its users to not provide financial information to potential dates and report those who ask. It is important that consumers are aware of these scams and arm themselves with information to protect themselves.

Yale increases investment in blockchain research This time last year, Yale was unranked in CoinDesk’s Best Universities for Blockchain. A year later the University places 34th overall, on par with Harvard and other major universities around the world.To get more news about blockchain field survey, you can visit wikifx.com official website. The report’s results recognize Yale’s recent significant investments into blockchain research, including the hiring of four new blockchain experts to the Computer Science faculty, — Ben Fisch, Charalampos Papamanthou, Katerina Sotiraki and Fan Zhang — one of whom is leading a project that has received a $5.75 million grant for blockchain development. “In the last few years, blockchain, as an interdisciplinary field, has spurred a huge amount of development in distributed systems and cryptography and their intersection,” said Fisch. “This is also why it’s such a fascinating academic topic, because it ties together so many different fields, not only from computer science, but also from economics, law and policy. Yale has a very unique combination of strengths in all these different areas, especially at present.” In August, Yale blockchain researchers accepted a $5.75 million grant from the Algorand Foundation, a not-for-profit organization focused on the development of blockchain technology. The grant will support PAVE: A Center for Privacy, Accountability, Verification and Economics of Blockchain Systems, which will be led by Papamanthou. PAVE will bring together a cross-disciplinary team of experts from four institutions — Yale, Columbia University, the City College of New York and the Swiss Federal Institute of Technology Lausanne, with Yale being the leading institution — to advance research of blockchain systems. Apart from the technical agenda, PAVE will also host hackathons, symposiums and blockchain summer schools. The expansion of blockchain research at Yale coincides with the rise of the blockchain technology market. The value of blockchain technology in the banking, financial services and insurance sector market is expected to grow by $4.02 billion between 2021 and 2026, according to Technavio. The Technavio study found that easier access to technology and disintermediation of banking services will create more growth opportunities within the industry. Papamanthou believes the hirings acknowledged the importance of blockchain, and that the University has more generally “acknowledged the interdisciplinary nature of the blockchain space.” He emphasized the University provides opportunities to explore the blockchain industry, such as interdisciplinary majors like computer science and economics. Papamanthou spotlighted the newly established Roberts Innovation Fund created by the School of Engineering and Applied Sciences, which assists blockchain projects that could be commercialized through funding and mentoring. An increasing number of students are interested in the field of blockchain, according to Mariam Alaverdian ’23, president of the Yale Blockchain Club. Alaverdian explained that because of the many applications of blockchain technology — from personal identity security to healthcare to money transfers — the emergence of blockchain into our lives is “inevitable.” She added that the Yale Blockchain Club has seen interested students come from a variety of backgrounds, with some having no prior exposure and others who already have startups in the space. “The Yale Blockchain Club started last spring and we received a lot of attention from Yale undergraduate and graduate students,” Alaverdian wrote in an email to the News. “We had 600 people sign up for our mailing list within a couple of weeks … there is definitely a high demand from Yale students for educational materials and guidance.”

8 Crypto Tokens To Buy For Growth Potential The foundation of modern-day cryptocurrency trading started more than a decade ago when there were less than 50 options to choose from. If you are looking for a dependable financial instrument to earn long-term gains, cryptocurrencies can be an ideal option. Among the cryptocurrencies that are ruling the markets these days, DigiToads has emerged as a high-growth token that is garnering a lot of attention for the way it balances functionality with versatility. Still in its presale stage, the crypto token has raised more than $2 million so far; this figure reflects the token’s popularity in just four presale stages and there are six more phases to go. The following list features eight cryptocurrencies that can fetch you good gains while providing you with the benefit of a diversified portfolio. A well-diversified portfolio can help to reduce risk in the long term.To get more news about crypto token, you can visit wikifx.com official website. 1. DigiToads: Topping every analyst’s cryptocurrency ico list DigiToads is a multi-functional cryptocurrency where users can explore a wide array of opportunities to earn passive income and build a sustained stream of returns. It makes this possible as its model leverages the features of three different cryptocurrencies —a meme coin, a play-to-earn portal, and a stake-to-earn platform. So, you can stake an NFT, trade a token, or even earn crypto tokens by participating in giveaways and other contests that the team will be organizing from time to time. For facilitating various transactional exchanges, the DigiToads team has developed a native called TOADS. The TOADS token can be bought on presale easily. The total supply of these tokens will be split between different use cases that include public releases, presale, team tokens, maintaining the liquidity pool, holding contests, giving rewards and community bonuses, developing the platform, and other miscellaneous tasks. At 69.2%, the highest share of TOADS tokens will be reserved for presale and giving out rewards to community members. The community focus of the DigiToads platform makes it a great cryptocurrency to invest in and many experts have predicted that the TOADS token could register potentially huge gains after listing on exchange platforms. 2. Themis: Get the best returns for your yield-bearing assets Themis is among the best cryptocurrency to buy in today’s market and has been designed as a decentralized lending and borrowing platform. Users can collateralize yield-bearing assets in exchange for high rewards. To start using the platform, users need to pick out an asset that they’d like to borrow or lend and the quantum. Yield-bearing and blue-chip assets can be accepted as collateral for securing a loan. Its native token is TMS and it is the medium of exchange on the network. Over time, the Themis ecosystem would be transitioning from an administrator-led mechanism to a community-led governance structure. 3. Artyfact: Building the future of gaming Considered to be one of the altcoins to watch out for, Artyfact is a one-stop shop for all gaming enthusiasts. The platform aims to provide its users with a plethora of options where they can access entertainment by using its native token ARTY. Artyfact has been developed as a virtual world where one can win tokens by participating in Web 3.0 games, and purchase or trade NFTs which are represented as weapons, wearables, concerts, virtual properties, and even runaway shows, among other options. An added advantage of playing games on Artyfact is that you get to earn Rating Points (RPs). The higher a player’s RPs, the more the chance of them being able to access extra rewards and limited-edition NFTs. Using the ARTY Token, one can attend virtual events like NFT exhibitions, digital concerts, meetings, and runway shows that can help players interact with other community members. 4. Delysium: Where blockchain meets the power of artificial intelligence Delysium is a blockchain-based operating system that is powered by artificial intelligence and enables users to access opportunities like staking and participating in play-to-earn games for earning rewards. Its native token is the Delysium Multiverse Accelerator (DMA) and is the medium of exchange of the network. The token opens doors to high-quality games that have stellar graphics for the token holders. Moreover, by holding the DMA tokens, one can also participate in the governance and decision-making process of the platform. When you stake a DMA token, you will get exclusive voting rights that you can use to voice your concerns and vote for a community proposal. Plus, there are daily incentives for users that can be accessed via the DMA dashboard. For many analysts, Delysium is among the best cryptocurrency to buy in the current market as token holders can enjoy priority access to NFTs minted on the network. 5. Arken Finance: Learning crypto trading basics with ease Arken Finance is a blessing in disguise for those on the lookout for a token that could help them learn cryptocurrency trading for beginners. It has been designed as an abstract DeFi layer with multi-chain capabilities. Leveraging Arken Finance, rookie traders can explore multiple blockchain networks with ease to spot trading opportunities. Also, developers can create secure, user-friendly, and scalable dApps from scratch with the cutting-edge tools that the platform has on offer. Its native token is ARKEN and is the primary cryptocurrency on the network. What makes Arken Finance a top altcoin is the way it amalgamates Layer 1 and Layer 2 blockchains to develop a niche technology layer that reduces the complexity of software development while making the interface more user-friendly. Coming to Arken Finance’s trading protocol, users can look forward to multi-chain tools, liquidity pools, and protocols where they can search for new tokens, analyze price charts, detect the best rates to swap tokens, place limit orders, and do much more.

Best Crypto Exchanges & Platforms Of May 2023 Investing in Bitcoin is all the rage but how exactly does a beginner get started?To get more news about WikiBit, you can visit wikifx.com official website. Do you need to already have Bitcoin to invest? Or do you transfer money from your bank account to somewhere and convert it to Bitcoin? What does that look like? We’ll answer all of these questions and list 10 of the best cryptocurrency exchanges and platforms that allow you to buy Bitcoin and other tokens.Going forward, we’ll use BTC, which is the symbol for Bitcoin on exchanges and trading platforms. If you just want to earn a high return with crypto, you might consider a crypto savings account. These accounts pay up to 12%, but do come with risks (just like regular crypto investing). Best Crypto Exchanges and Investing Platforms Here is our list of the 10 best cryptocurrency exchanges and investing or trading platforms. The cyrpto offers that appear on this site are from companies from which The College Investor receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The College Investor does not include all cryptocurrency exchanges or all crypto offers available in the marketplace. 1. Coinbase Coinbase is by far the most popular and one of the best cryptocurrency exchanges because you can invest directly with USD. You can currently purchase Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens on the platform. Furthermore, you can earn interest on your USDT, and you can earn token rewards by completing various activities. 2. Binance A great platform for getting into some currencies like Cardano or Neo. Not as easy to use as some of the top platforms on this list, but they do have one of the most robust trading platforms out there. They do have a decent mobile app, but again, not as easy to use and we've been frustrated with it. Try Binance here. 3. Uphold Uphold offers simple solution to trading multiple assets — open one account and trade multiple assets without making a trip back to cash. If you've every traded crypto, you'll know a lot of coins and tokens only trade in certain pairs, so you're always going back to BTC or ETH. But on Uphold, you can trade multiple assets directly. 4. Kraken Kraken is one of the original crypto trading platforms and they have a good selection of coins and tokens to trade and invest in. They also allow margin trading. However, it's a real exchange, and not as easy to use as some of the top platforms on this list. 5. Gemini Gemini is a popular platform to invest in crypto as it was one of the first major exchanges, and today it's one of the largest by assets. Gemini supports most major cryptocurrencies, has decent support and engagement, and pays competitive interest rates on assets, if you qualify.