🚀 Blockchain and cryptocurrencies face many fraud challenges, but there are also significant advances! 🌐
- The Vienna Fintech Conference is discussing blockchain applications that enhance security and transparency.
- FTC reports $114 million in fraud from Bitcoin ATMs by 2023, but fiat remains the primary choice for global fraud.
- Solutions like CLOSC and CLOLC make financial auditing more efficient.
- L2 solutions like rollups help solve the scaling problem, with a "watchtower" system that ensures security.
What do you think about the future of blockchain? Comment below! 💬#Blockchain#Crypto#BTC#Fintech