June 1 • 2021
Cybercrime is low risk, low investment, and high return. Not surprisingly, illegal financial gain is one of the biggest reasons for cyber-attacks. The result is a predicted USD 10 Trillion of damages by 2025. Our vision is to change that.
In the physical art world, centralized databases, such as the Stolen Art Registry, have played an important role in combating this form of money laundering.
However, there is currently no such database for NFTs, making it impossible to track bad guys who buy and sell them.
That’s why CYBERA is already working on expanding its watchlist to include NFTs.
If we can warn the NFT-ecosystem about fraudulent transfers of NFTs in real-time, we can significantly reduce the use of this technology for criminal ends.
Read the comments in the LinkedIn Post from NFT experts who shared their thoughts on this.
In the world of cryptocurrencies, security is crucial. If you’ve been a victim of crypto theft or a scam, you know how devastating it can be. Recovering stolen funds is difficult and often impossible without the right tools. This is where a Crypto Tracing Report (CTR) comes in. Here’s why you should consider one—and why […]
readEarlier this week the Swiss National Bank (SNB) and SIX the Swiss Clearing House announced that the Swiss instant payments system is now live. Payments of up to CFH20,000 can be made and will happen in just a few seconds, covering 60 financial institutions. This is expected to cover over 95% of retail payments, with […]
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