Social Media’s Role in Cryptocurrency Scams

The influence of social media and crypto has given rise to a new form of scamming and fraud known as cryptocurrency scams, which have increased in number and severity over the past few years. According to a recent report, nearly $1 billion was lost through cryptocurrency scams in 2021, with an estimated 9 in 10 victims falling prey to fraudsters on Facebook, Twitter, and Instagram. With cryptocurrencies headed for mainstream adoption and regulations toward the system unclear, those who lose finances as the result of cryptocurrency scams are hoping to…

Vietnam Blockchain Association partners with Binance to drive innovation

The Vietnam Blockchain Association is collaborating with the world’s leading crypto exchange, Binance, on the exchange of research and application of blockchain technology in Vietnam. Newly formed in May, the organisation will also cooperate with Binance on human resource training to promote blockchain and build bridges with other global technology corporations. The news was announced at the Vietnam NFT Summit 2022 on June 4. With seven of the top 200 blockchain companies around the world having Vietnamese founders, the country is a lesser known but emerging hub for web3 developers.…