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From gift cards to lottery winnings, a warrant for your arrest or a loved one in jail, scammers will stop at nothing to get their hands on your money.

Cryptocurrency-related scams have become increasingly common in Washington County, and the Sheriffs Office investigations unit has been working diligently to educate the public and provide resources to avoid having resident fall victim.

Cryptocurrency, just as is bitcoin, is a digital or virtual currency that uses cryptography to secure and verify monetary transactions. Unlike traditional currencies that are issued and regulated by the government and banks, cryptocurrencies are decentralized and operate independently of any government or financial institution. Cryptocurrency has gained legitimate popularity with the potential for high returns, making it an attractive option for investors. Cryptocurrencies can be used for online transactions, as a store of value, or as an investment.

As the popularity of cryptocurrency continues to rise, so do cryptocurrency-related scams. These scams come in many forms, and they can be difficult to detect for those who are not familiar with the cryptocurrency market. Washington County victims are typically contacted by telephone by individuals claiming to be investment managers or using other traditional scam tactics to request cryptocurrency transactions. Victims of cryptocurrency crimes are generally instructed to create an online cryptocurrency account or told to deposit money into cryptocurrency ATMs, usually located at specific locations throughout the metro. Money lost in cryptocurrency scams is highly untraceable, ending up in accounts overseas within seconds.

Protect yourself and your information by being cautious when answering calls from unknown numbers. Avoid giving out any personal information over the telephone, and trust your instincts. Scammers often impersonate reputable organizations, such as banks, government agencies, or cryptocurrency exchanges, to gain trust. They also tend to use high-pressure tactics to convince you to send them money or share your sensitive information, using fear or urgency to make you act quickly. Its wise to consider any unsolicited form of contact asking for money or personal details, including those related to cryptocurrency, as a potential scam. If youre interested in investing in cryptocurrency, seek out a reliable financial manager or investment firm with expertise in this field.

These scams can have a devastating impact on individuals and families. The Sheriffs Office is committed to helping those affected. The Sheriffs Office works with the community to raise awareness about the risks associated with cryptocurrencies and help prevent these types of scams from occurring in the future.

For questions about these scams or to report a suspected case of fraud, contact the Sheriffs Office non-emergency dispatch center at 651-439-9381 or email sheriff@co.washington.mn.us.

Anthony Jaring is a detective with the Washington County Sheriffs Office.

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Cryptocurrency scams threat to county residents | Opinion ... - Press Pubs

Coinbase is Introducing a Global Exchange for Cryptocurrency Derivatives

In response to growing tensions between the cryptocurrency industry and American regulators, Coinbase Global Exchange. opened an international exchange for Bitcoin derivatives on Tuesday. According to Coinbase, the exchange will permit institutional users in qualified non-US jurisdictions to trade in perpetual futures. In this article, we have explained how Coinbase introduces a global exchange.

Last years collapse of Sam Bankman-Frieds cryptocurrency derivatives and exchange FTX, as well as other blow-ups, put the digital assets market in recovery mode.

Brian Armstrong, the CEO of Coinbase, issued a warning last month, stating that until the United States and the United Kingdom make their regulations for the business considerably clearer, cryptocurrency companies will grow in offshore havens.

Coinbase asserted on Tuesday, amid a legal conflict with the Securities and Exchange Commission, that countries all over the world were becoming crypto hubs as a result of strong regulatory practices.

We would like to see the United States take a similar approach to regulation by enforcement, which has resulted in a disappointing trend for crypto development in the United States, the crypto exchange added.

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Coinbase Introduces a Global Exchange for Cryptocurrency ... - Analytics Insight

The United Arab Emirates Virtual Assets Regulatory Authority (VARA) announced on Tuesday a written reprimand to a cryptocurrency company. The UAE remains committed to cryptocurrency despite challenges in the sector.

VARA said the letter to Open Exchange (OPNX) dated April 12 was in response to unregulated activity. The firm allegedly carried out virtual asset exchange services on an unregulated basis in Dubai and marketed its services without the necessary permits from VARA, the authority said in a press release.

Open Exchange is a planned cryptocurrency exchange that purports to be the world's most radically transparent derivatives exchange. It plans a platform where transactions are public and able to be audited, per its website.

The company was created by the founders of the failed crypto hedge fund Three Arrows Capital, according to Bloomberg.

Why it matters: The UAE established VARA in 2022 as a regulatory framework for cryptocurrency and related technology. The Gulf state successfully attracted several crypto firms to Abu Dhabi and Dubai in the meantime, such as Crypto.com, Bybit and Kraken.

The 2022 cryptocurrency bubble crash hurt the UAEs crypto scene. In February, Krane announced it was closing its Abu Dhabi office. The Emirates also received bad press due to disgraced FTX founder Sam Bankman-Frieds October 2022 trip to Dubai. FTX went bankrupt soon thereafter.

Emirati authorities are still bullish on crypto, however. Last month, UAE Trade Minister Thani bin Ahmed Al Zeyoudi told the Atlantic Council that the Gulf state still wants to be one of the early introducers of this technology.

The UAEs Minister for Artificial Intelligence Omar Sultan Al Olama made similar comments at the World Economic Forum in January.

Cryptocurrency is continuing to develop in the UAE. On Monday, Dubais BitOasis announced that it received the first-ever Minimum Viable Product license from VARA. The license will allow BitOasis to provide broker-dealer services related to virtual assets, the company said in a press release.

Know more: The crackdown on OPNX comes as the UAE seeks to better deter financial misconduct in general. The Gulf state has been implicated in a variety of money laundering and sanctions-busting scandals in recent years. Most recently, British authorities announced in April they busted a $100 million money smuggling ring between Dubai and the United Kingdom.

The UAEs first-ever corporate tax will come into effect next month.

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UAE reprimands cryptocurrency firm OPNX - Al-Monitor

Cryptocurrency price predictions look very different today than they did at the beginning of the year, with an upward motion on Bitcoin, pushing above $25,000 again, leading to analysts improving their forecasts in anticipation of the return of bullish market predictions.

This has led to excitement around the Cronos price prediction for 2023, an established crypto project aiming to push web decentralization. Meanwhile, established online trading signals provider AltSignals is entering the crypto market by releasing its native ASI token to great excitement around investors.

What can investors expect in cryptocurrency price predictions this year for two very different platforms?

AltSignals launched its online trading platform in 2017 and has provided profitable trading signals to more than 50,000 users after undergoing rapid growth in the past five years. This growth was driven by its AltAlgo trading indicator tool, which uses algorithms to provide high-quality trading calls on a range of trades with an accuracy rate of more than 70%.

To further boost the accuracy of its trading signals, AltSignals is launching a brand-new trading stack, ActualizeAI, which uses AI technology to enhance its outputs, taking them to the next level. The ASI token release is designed to support this development.

ActualizeAI will employ machine learning to apply rules-based logic to outputs based on market behavior gained through regressive pattern recognition. This learning is accelerated by natural language processing (NLP) before predictive modeling applies historical data trends to the signals. Reinforcement learning helps to balance the risk/reward trading ratio. The more data ActualizeAI has access to over time, the better the accuracy of its signals.

All ASI coin holders automatically gain access to ActualizeAI, with different access levels available depending on the number of coins held. Members with more than 50,000 tokens will be granted lifetime membership, while those with fewer coins will have access to ActualizeAI for one year.

In addition to the turbocharged trading signals that will help them make more profitable decisions, ASI token holders can unlock several benefits through the exclusive AI Members Club membership. Benefits include access to some of the most lucrative public and presale crypto projects, entry into online trading tournaments, and early access to beta-test new platform features.

As well as being a coin with excellent levels of utility, ASI will become a governance token granting full voting rights on future decisions to ASI coin holders, making AltSignals one of the best community-led trading platforms.

AltSignals is a rapidly evolving platform with several appealing use cases for Web3 fans. Using AI to turbocharge its high-quality outputs could position AltSignals as a leading light in the AI/blockchain revolution over the coming months and years.

With crypto markets easing across the board and the rich potential shown by AltSignals, analysts expect the final presale price of $0.02274 to rise sharply post-IDO in the second half of 2023. For many experts, $1 by the end of 2023 looks achievable, representing huge gains for anyone who reserved their tokens at the beta presale price of $0.012.

Cronos is an open-source, public, decentralized blockchain network that offers energy-efficient and low-cost blockchain transactions alongside high-speed performance. The platform supports the creation of several Web3 solutions, including DeFi platforms, dApps, and GameFi titles, as part of their aim to create a fully-open access metaverse.

The native CRO token started as the Crypto.com centralized crypto exchange token before branching out into the world of blockchain provision. Cronos ecosystem helps protect users from rogue chargebacks while providing discounted access to Crypto.com for traders if they use CRO to pay transaction fees.

CRO is one of the best utility tokens available, thanks to Crypto.coms outstanding trading, DeFi, and transaction solutions. Token holders also have the chance to serve as blockchain validators on the Cronos network, earning passive income on each network transaction. This level of utility is pushing Cronoss price prediction forward.

Cronos is currently trading well short of its all-time high of $0.96, recorded during the height of 2021s crypto bull market. The good news for existing CRO token holders is that there is plenty of space for growth between now and the end of 2023.

However, Cronos price predictions are relatively modest, with experts predicting it growing from its current value of $0.0662 to just above $0.10 by the end of the year.

Cryptocurrency price predictions are always challenging to produce, particularly with platforms regularly releasing new products and features. Much of Cronos success in 2023 relies on successfully integrating its new Shibarium network.

In contrast, AltSignals ASI coin looks set to dwarf the returns available to CRO holders, thanks to AltSignals high-quality output, the backing of a robust and highly-trusted platform and user base, and the pioneering future adoption of AI technologies in the Web3 space.

Consequently, cryptocurrency price predictions for ASI look far more robust than for CRO, making the ASI presale event a must-have for investors seeking excellent gains throughout 2023.

You can find the ASI token presale right here.

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice.Thecoinrepublic.comdoes not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post.Thecoinrepublic.comis and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.Thursday, January 5th

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AltSignals vs. Cronos: A Cryptocurrency Price Prediction for Two ... - The Coin Republic

LONDON, UNITED KINGDOM, May 02, 2023 (GLOBE NEWSWIRE) -- With the new development, ChatCrypto set to disrupt the cryptocurrency market with 400,000 signs up leading to their seed round. The platform focuses on providing a space for AI enthusiasts to connect, share ideas and learn from each other and quickly develop a hub for those who are looking for the latest advancement in the AI community.

With a focus on creating an inclusive community, ChatCrypto enables users to learn complex and new skills in blockchain development and cryptocurrency trading by utilizing the ChatCrypto AI tools. The platform emphasizes fostering collaboration and knowledge sharing among members. The platform offers a variety of tools and resources designed to facilitate communication and exchange of ideas. By providing a space for individuals to connect, ChatCrypto strives to bring innovation and new development to the AI industry.

In addition to its community-focused approach, ChatCrypto gives transparency and ethical AI practices. It also provides data privacy by taking proactive steps to ensure the users that the ChatCrypto platform is secure. Ti includes strong data protection measures, as well as working to promote diversity and inclusivity within the community.

In addition, ChatCrypto AI offers a variety of exceptional services such as asset management, supply chain traceability, smart contracts, voting, taxation, and land registration as well. The innovative platform continues to grow and evolve and offers multiple features and services being added to the ChatCrypto ecosystem.

Furthermore, with its impressive growth, ChatCrypto is poised to make a significant impact in the AI industry. The platform moves forward with its seeds round and will constantly innovate and utilize the latest technology and will be more secure.

About the Company - ChatCrypto:

ChatCrypto is a blockchain company that focuses on developing innovative solutions that integrate AI with the cryptocurrency market. The platform aims to revolutionize the cryptocurrency market by introducing cutting-edge technology and the latest innovations. The company intends to make the crypto market more accessible by providing an intuitive and user-friendly platform.

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Disclaimer:The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency

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ChatCrypto set to disrupt the cryptocurrency market with 400000 ... - GlobeNewswire