JUST IN: PayPal to integrate crypto stablecoin $PYUSD on Ven | Blockpeer on Binance Square

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Aug 7, 2023

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JUST IN: PayPal to integrate crypto stablecoin $PYUSD on Venmo.

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Breaking 🚨: Watch out for Cryptocurrency Scams involving ATM Recently the US police department was made aware of a situation where it appeared someone was scammed out of a large sum of money. The victim told detectives they received an email from PayPal indicating they had fraudulent activity on their account. And was instructed to request reimbursement. However, the victim was made to believe they had requested too much money and now they needed to pay it back. That transaction was unsuccessful, then the victim was then instructed to ship the money to PayPal. The victim tried to send $16,000 in cash via UPS. An employee at UPS told the victim they were being scammed and called the police. Unfortunately, the victim lost all the sum after the scammer instructed the victim to send the money through a Bitcoin ATM.

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Breaking 🚨: $120 Million cryptocurrency fraud BUSTED! Odisha police of India busted a big multimedia, Ponzi scam related to cryptocurrency worth $120 million (₹1,000 crore) and arrested the prime accused in the case. The police arrested the head of STA Crypto Token, namely Gurtej Sigh Sidu, from Sri Ganganagar, Rajasthan, and its Odisha unit Nirod Das, Inspector-General of Police told ANI. In the scam, victims from different states including Delhi, Jharkhand, Rajasthan, etc were told to invest in STA #Crypto Token. From Odisha, more than 10,000 people lost their #money in the scam. Fraudsters are used to encourage more and more people to invest in crypto #coins and gather the currency in large numbers. Moreover, victims were also encouraged to include more people in the group, said JN Pankaj, IG EOW.

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Breaking 🚨: Revolut Ceases Cryptocurrency Services in the United States Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape concerning cryptocurrencies. The company’s decision shocked the banking world, as many saw Revolut’s services as a pioneering push into cryptocurrencies for the general market. According to the announcement, the suspension of purchasing cryptocurrencies will begin on September 2, followed by a cessation of selling and holding digital assets from October 3.

Aug 7, 2023

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