Archive for the ‘Cryptocurrency’ Category

Swift and Reliable Cryptocurrency Recovery Services Offered by Chiron Investigations – Yahoo Finance

DARTFORD, UK / ACCESSWIRE / March 15, 2023 / Chiron Investigations, a leading provider of investigation services, has launched a new suite of solutions to help organizations combat online crime. In collaboration with companies that have fallen victim to various online crimes, Chiron Investigations provides a range of services, including custom analysis of cases, detailed investigations into transactions, closer interaction with stakeholders to assess the methods used by perpetrators, drawing a trail of events to establish root cause analysis, and protection from future occurrences through the deployment of robust security systems.

Chiron, Wednesday, March 15, 2023, Press release picture

As online transactions and commerce have grown, so have the risks of cybercrime. Team of experts offers guidance and support to those seeking to understand how to get their stolen crypto back. These crimes have a significant impact on an organization's reputation, operations, and finances. Chiron Investigations recognizes the importance of protecting businesses from the consequences of online crime and provides comprehensive solutions tailored to each client's needs.

"Our mission is to help businesses recover from the effects of online crime and to provide them with the tools they need to prevent it from happening again," said IT head of Chiron Investigations. Further he said , "We work closely with our clients to understand their unique challenges and tailor our solutions accordingly. Our team of experts has years of experience in investigating and preventing online crime, and we are committed to providing the highest quality of service to our clients."

Chiron Investigations offers a range of services designed to help businesses prevent and recover from online crime. The company provides customized solutions to suit each client's unique needs, including custom analysis of cases, detailed investigations into transactions, closer interaction with stakeholders to assess the methods used by perpetrators, drawing a trail of events to establish root cause analysis, and protection from future occurrences through the deployment of robust security systems. In addition to working closely with law enforcement agencies and financial institutions to ensure that criminals are held accountable for their actions, they are also committed to helping those impacted by crypto trading platform crimes. Chiron Investigations' team of experts uses advanced technology and techniques to trace and recover stolen funds and to bring perpetrators to justice. They work closely with law enforcement agencies and financial institutions to ensure that criminals are held accountable for their actions.

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"Our approach is to provide a comprehensive solution that addresses every aspect of online crime," said Spokes person for Chiron Investigations. "We understand the devastating impact that cybercrime can have on businesses, and we are committed to helping our clients protect themselves from future occurrences." Further added by Spokes Person.

Chiron Investigations' services are not only available to businesses of all sizes and across all industries, but they also offer flexible plans that include crypto recovery services to help get stolen bitcoin back. This ensures that their solutions are accessible to everyone, regardless of budget, and that victims of cryptocurrency theft have a reliable and trusted resource to turn to.

"We are confident that our services will make a real difference to businesses struggling with the effects of online crime," said CFO of Chiron Investigations. "Our team of experts is dedicated to providing customized solutions that meet the unique needs of each client. We believe that every business deserves the peace of mind that comes with knowing that they are protected from online crime, and we are committed to making that a reality." Further added by CFO.

For more information about Chiron Investigations and their services, visit their website at http://www.chiron-investigations.com

About Chiron Investigations:Chiron Investigations is a leading provider of investigation services that help businesses recover from the effects of online crime. The company offers customized solutions to suit each client's unique needs, including custom analysis of cases, detailed investigations into transactions, closer interaction with stakeholders to assess the methods used by perpetrators, drawing a trail of events to establish root cause analysis, and protection from future occurrences through the deployment of robust security systems. Chiron Investigations' team of experts has years of experience in investigating and preventing online crime and works closely with law enforcement agencies and financial institutions to bring perpetrators to justice.

Media ContactContact Person: Julie SpencerCompany Name: Chiron Investigations Crypto Recovery SolutionsWebsite: https://chiron-investigations.com/Email: Admin@chiron-investigations.comCity: DartfordCountry: United Kingdom

SOURCE: Chiron

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Swift and Reliable Cryptocurrency Recovery Services Offered by Chiron Investigations - Yahoo Finance

Crypto donations are unpopular as giving strategy – Spokane Journal of Business

Some financial advisers here say theyre uninterested in recommending or servicing cryptocurrencies as planned giving strategies due to the speculative nature of cryptocurrency valuations coupled with a lack of regulation.

Mike Vickerman Jr., president of Vickerman Investment Advisors Inc., of Spokane, says, Just from an investment perspective, I dont believe theres any fundamentals to cryptocurrency. I think theyre a very speculative investment that a lot of people have gotten burned on with the recent collapse of many of the main players. And it brings in bad characters.

Vickerman adds, We do not invest in cryptocurrency. Thus, wed never be involved in giving cryptocurrency as a charitable donation.

Paul Viren, owner of Spokane-based Viren & Associates Inc., says some financial planning companies prohibit brokers from planning or working with clients with crypto assets because cryptocurrency is a nonregistered asset for investment.

Viren says, Im prohibited from bringing up the word cryptocurrency with clients and thus I dont have the ability to advise clients how to give that kind of an asset back to charitable causes.

As a result of recent controversies surrounding the digital asset, in addition to some financial advisers skepticism, cryptocurrency as a charitable donation hasnt really caught on as an emerging trend in the Spokane area, even though some nonprofit organizations such as the Salvation Army of Spokane have worked to accept those donations.

A statement from the Salvation Army of Spokane says that the organizations Western territory partnered with Escondido, California-based Engiven Inc., a cryptocurrency donation platform, about two years ago to accept crypto donations.

The Salvation Army does not hold onto assets such as cryptocurrency and immediately converts to cash for use in the community, the statement says. During the first year, as cryptocurrency continued to escalate in value, we received numerous contributions from crypto holders. However, as the value of cryptocurrency has declined, we have not received many contributions in the last six months.

Viren says many larger charities will accept cryptocurrency. He adds, however, Ive not seen any action of them pursuing cryptocurrency on a proactive basis.

Instead, some financial advisers suggest that their clients make charitable donations through three mainstream and more popular strategies, such as through qualified charitable donations, donor-advised funds, and gifting appreciated stocks.

Vickerman says, Even with the correction of the markets last year, over the last 15 years, the wealth of clients has grown dramatically, and consequently charitable giving has grown at a similar pace. Last year alone, even in a down market through qualified charitable donations, appreciated stock, and distributions from donor-advised funds, I estimate our clients gave approximately $500,000 to charities.

Eric Green, founder and financial adviser at Spokane-based Purpose Financial Advisors LLC, says he helps about half of his clients plan for charitable contributions, but that cryptocurrency donations arent a part of his client conversations.

There havent been any recent discussions, like in the last six months, and maybe thats anecdotal with the value of a lot of cryptocurrency plummeting. It was a hot topic a year or two ago when the value was soaring, Green says. As a professional investment adviser and manager, I dont do any cryptocurrency investing for my clients.

Green is a member of the Spokane Estate Planning Council and the Inland Northwest Council on Planned Giving and recalls one organization hes a member of that declined to accept donated cryptocurrencies because the asset wasnt a popular choice for its donor base.

He also notes that some nonprofits might lack the investment needed to manage a cryptocurrency transaction. Administrating transactions of digital assets requires a different, and sometimes more complex, approach than other donations.

You have to come up with a whole different set of protocols to handle it, and not every charity is ready to start that, Green says.

Instead of addressing crypto donations, Green says he helps clients with other gifting strategies, such as the transfer of assets, including shares of highly appreciated stock, shares of mutual funds, or real estate.

Vickerman says many of his clients also give appreciated stock directly to charities through his company.

Viren says qualified charitable donations are another strategy that will work for individuals aged 70 1/2 and older, to give part of their required distribution from their retirement accounts to charity.

He says, Thats been a popular strategy and a tax-wise way to contribute to nonprofit organizations.

Donor advised funds are another charitable giving strategy that Green, Vickerman, and Viren all support for their clients, they say.

Donor advised funds can be a way for donors to leave a legacy for their families, Viren explains. He says another benefit of donating to charity through this method is that the donations from the fund are disbursed based on the donors wishes to the causes they support.

Thats a popular approach, especially if theres a major event in someones life, such as a sale of a business or some other windfall of money, Viren says.

Aside from benefitting the community, charitable giving also allows clients to enjoy tax benefits, that when planned strategically, can be both self-serving and help a nonprofit, Viren adds.

Vickerman says he doesnt see any extra-value incentive of giving cryptocurrencies to a charity currently.

But I dont think cryptocurrency is going away, he says. I think it will eventually turn into a regulated asset.

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Crypto donations are unpopular as giving strategy - Spokane Journal of Business

Cryptocurrency Cosmos Hub’s Price Increased More Than 3% Within 24 hours – Benzinga

March 16, 2023 3:00 PM | 1 min read

Over the past 24 hours, Cosmos Hub's (CRYPTO: ATOM) price rose 3.2% to $12.53. This continues its positive trend over the past week where it has experienced a 17.0% gain, moving from $10.69 to its current price. As it stands right now, the coin's all-time high is $44.45.

The chart below compares the price movement and volatility for Cosmos Hub over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has increased 27.0% over the past week while the overall circulating supply of the coin has increased 0.06% to over 292.59 million. The current market cap ranking for ATOM is #21 at $3.65 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Cosmos Hub's Price Increased More Than 3% Within 24 hours - Benzinga

British Bank Natwest Implements New Limits on Cryptocurrency … – Bitcoin News

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers 329 million annually. The limit imposed on crypto exchanges is 1,000 daily ($1,215), with a 30-day limit of 5,000 ($6,077).

Amid the banking sector rout in the United States following the collapse of Silicon Valley Bank (SVB) and its subsidiary, Silicon Valley Bank U.K. Ltd., the Edinburgh-based financial institution Natwest is limiting cryptocurrency payments. Natwest, however, cites cryptocurrency scams in the United Kingdom that cost consumers 329 million ($399 million) annually as the reason for the limit. The banks notice also indicates that men over the age of 35 are most at risk of such scams.

Natwests press release, published on Tuesday, details that cryptocurrency investments are often made through legitimate exchange platforms. The British banks added that these websites let customers buy, sell or exchange cryptocurrencies for other digital currency or traditional currency. Natwest also emphasizes that, in addition to men over the age of 35, criminals are using the cost-of-living crisis to entice investors with the promise of high returns.

You should always have sole control of your cryptocurrency wallet and nobody else should have access, noted Stuart Skinner, head of Natwests fraud protection unit. If you didnt set the wallet up yourself or cant access the money then this is likely to be a scam. We have seen an increase in the number of scams using cryptocurrency exchanges and we are acting to protect our customers.

This is not the first time Natwest has limited transfers to cryptocurrency exchanges. The bank set a temporary limit in June 2021, and the following month, it specifically blocked payments to Binance, citing the heightened risk of cryptocurrency scams. Natwest has often categorized cryptocurrency assets as high risk in the past. In April 2021, just before the first limit was imposed, a Natwest risk manager said: We have no appetite for dealing with customers who transact with cryptocurrencies.

What do you think about Natwest limiting crypto payments to digital currency exchanges? Share your thoughts about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Alex Yeung / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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British Bank Natwest Implements New Limits on Cryptocurrency ... - Bitcoin News

Cryptocurrency Aptos Falls More Than 5% In 24 hours – Benzinga

March 16, 2023 11:00 AM | 1 min read

Aptos's (CRYPTO:APT) price has decreased 5.73% over the past 24 hours to $12.36. This is contrary to the coins performance over the past week where it has experienced an up-trend of 9.0%, moving from $11.34 to its current price.

The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has increased 107.0% over the past week while the overall circulating supply of the coin has increased 1.69% to over 177.39 million. The current market cap ranking for APT is #31 at $2.20 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Aptos Falls More Than 5% In 24 hours - Benzinga