Crypto News 

Researchers Find Hundreds of Pump and Dump Scams, Develop Algorithm

“An analysis performed by researchers at Imperial College London has found that around $7 million worth of cryptocurrency trading volumes are the result of pump and dump schemes” writes Simon Golstein for financemagnates.com. Pump and dump schemes are a traditional type of scam.It would be unfair to call the name ‘McAfee’ synonymous with pump and dump schemes, but the eccentric computer programmer-turned-cryptocurrency evangelist has been implicated in a few.In the worlds of electronic trading and cryptocurrency, the difference between a profit and a loss can be a matter of milliseconds. Source:…

Read More
GBP News 

Trump tells May to abandon ‘unjustified’ food standards for Brexit trade deal

“UK Trade Secretary Fox has repeatedly denied suggestions that he is prepared to “lower” or “compromise” UK food standards but has not ruled out accepting US food standards in a post-Brexit trade agreement” writes Adam Payne for businessinsider.com. LONDON — Donald Trump’s administration has said the UK must scrap “unjustified” food and agricultural standards before it can sign a free trade deal with the US after Brexit.It is disgraceful that Brexit is being used as a cover to reduce food standards and consumer protection.”. The letter states that any UK-EU…

Read More
Crypto News 

Yobit Crypto Exchange Announces Public Pump and Dump Scheme

“Earlier this morning, the crypto exchange announced through its official Twitter account that it would be launching a coin pump” writes Cynthia Turcotte for livebitcoinnews.com. It is most certainly unethical, however, and definitely shady AF. What do you think of Yobit’s pump and dump ‘event’?. One of the downsides of a depressed cryptocurrency market is that trade volumes on crypto exchanges tend to decline right alongside coin prices.A cryptocurrency exchange is publicly acknowledging its intent to pump random coins.Although the purpose of Yobit’s pump and dump isn’t specifically to manipulate…

Read More
News 

John McAfee Among Defendants Named in Pump and Dump Lawsuit

“Eccentric cryptocurrency prophet John McAfee, along with a company that he is associated with, is being sued over an alleged pump and dump scheme” reports financemagnates.com. The former CEO of MGT Capital Investments, Robert Ladd, is one of the subjects of that investigation.Neither MGT Capital Investments nor John McAfee is specifically mentioned in the investigation, but they are in the private lawsuit, which is heavily based on the SEC complaint. Source: financemagnates.com Share This:

Read More
News 

NC river swirls with gray muck near flooded coal ash dump

“Lake water then flooded one of three large coal ash dumps lining the lakeshore” writes Alan Suderman for seattletimes.com. The breach at the Wilmington site is separate from last weekend’s reported rupture at a nearby coal ash landfill, which spilled enough material to fill 180 dump trucks.WILMINGTON, N.C. (AP) — Gray muck is flowing into the Cape Fear River from the site of a dam breach at a Wilmington power plant Friday where an old coal ash dump had been covered over by Florence’s floodwaters. Source: seattletimes.com Share This:

Read More
News 

Trump’s document dump leaves national security experts fuming

“The order appeased Republican lawmakers who are trying to uncover bias in the government against Trump’s campaign” reports washingtonexaminer.com. “The President shouldn’t be declassifying documents in order to undermine an investigation into his campaign or pursue vendettas against political enemies,” said Warner. Source: washingtonexaminer.com Share This:

Read More
News 

As Kavanaugh hearing begins, Democrats call for delay after last-minute document dump

“The first day of the Senate Judiciary Committee hearings Tuesday will also feature opening statements from senators” writes Mark Sherman for sun-sentinel.com. UPDATE (9:20 a.m.): Democrats are calling for a delay in the confirmation hearings of Brett Kavanaugh, objecting to the late release of documents the evening before. Source: sun-sentinel.com Share This:

Read More
News 

can be scooped up for pennies by insurance companies, banks, loan sharks, and scammers alike

“Insurers often buy numbers from shadowy online data sellers, who themselves have acquired the information illegally, according to people in the industry” writes Min Read for reuters.com. Under current laws, personal information sellers can face up to seven years in prison and a fine, while buying personal data can be punished by fines and up to three years in prison.New guidelines for companies on handling personal data were issued by regulators in May that included the hiring of compliance officers and getting explicit consent from consumers when collecting personal information.SHANGHAI…

Read More