Last week Cointelegraph published a story about investors having difficulty getting their money back from a crypto fund called AMFEIX, which promised high-yield profits for investors who sent them Bitcoin (BTC). Our story described more than 500 pending withdrawals from users trying to get their money back, and AMFEIX’s unsatisfactory communication with those users. The company addressed its users via its official Telegram channel after the story was published, suggesting that the withdrawal delays were due to technical difficulties that had been an issue since May. It also stated that “members who show loyalty to AMFEIX will have priority” in …

Opera, a popular web browser, continues to expand its cryptocurrency integration by extending crypto wallet top ups to the United Kingdom. After introducing the service to the United States and some European countries earlier this year, Opera now provides crypto purchases in the U.K. through a partnership with crypto processor Ramp. Direct to the source As announced to Cointelegraph on July 24, the solution implements European Open Banking APIs and enables low-fee crypto top-ups via bank accounts or digital banking app Revolut. Charles Hamel, head of crypto at Opera, says that at the launch U.K. customers will be able to …

Leading market research and data analytics firm Nielsen has been unable to provide overnight ratings this week for Australian TV viewers as a result of a ransomware attack. The TV ratings were not available on Tuesday and Wednesday night, and local TV blog TV Tonight reports industry sources as saying the overnight ratings may not be available again until early next week. Nielsen said viewing data is still being collected and will be published once the attack is resolved. “We will be sure to keep the industry informed as new information on the matter becomes available,” the spokesperson added. Nielsen …

The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector. They noted a recent example in which attackers demanded that an English Football League club, or EFL, pay a multi-million dollar ransom in Bitcoin (BTC). According to the Cyber Threat to Sports Organizations paper, the unnamed club was targeted by ransomware that crippled their corporate security systems. The ransom amount requested was 400 BTC ($3.66 million). The club declined to pay, resulting in a loss of their stored data. The attack could have had a great …

The University of York has confirmed that a ransomware attack from an unnamed gang took place in May. Vulnerabilities from their third-party service provider led to the data breach. According to an announcement via the University’s website, Blackbaud, one of the world’s largest customer relationship management systems for sectors such as the education, confirmed that the cybercriminals managed to extract copies of staff, alumni, and student records. The university clarified that no sensitive information, such as banking details or login credentials, were stolen by the gang. Overall, the hackers captured basic info like names, date birth dates, addresses, contact details, …

A number of people who invested in a cryptocurrency company are claiming that the company is scamming its users. The fund in question is called AMFEIX, which promised high-yield monthly returns to its users and supposedly raised more than $60 million in Bitcoin (BTC). At the end of June, Cointelegraph began receiving emails from AMFEIX users who had invested their funds into the project. These users claimed that there have been lots of pending withdrawal requests that have been delayed since May 2020. They also claim that the project's support team has been ambiguous in how it communicates with investors. …

Robinhood, the Silicon Valley-based stock and cryptocurrency investing app popular among younger generations for its "gamified," user-friendly interface and zero-fee trading, has reportedly decided to abort its launch in the United Kingdom “indefinitely”. According to CNBC on July 21, Robinhood informed its British customers who had been signed up to the waitlist since November that the company will be focusing on its home market in the near future. A spokesperson stated: “A lot has changed in the world over the past few months, and we’ve made the difficult decision to postpone our U.K. launch indefinitely. As a company, we are …

United Kingdom cryptocurrency custodian Copper announced support for United States dollar transfers through Signature Bank’s Signet blockchain payment platform. According to an announcement on July 20, the integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. The integration will “vastly reduce the time and other issues that asset managers face in transferring traditional currencies” between bank accounts and trading environments. Crypto exchanges Bitstamp, Huobi, Kraken, OKCoin and LMAX are already integrated with both Signet and Copper. The collaboration is part of a broader trend Copper CEO Dmitry …

The government of the United Kingdom believes that current rules do not go far enough to protect consumers from misleading crypto ads and is advocating change. New proposals published on July 20 would, if approved, bring the promotion of certain types of crypto assets under direct regulation from the Financial Conduct Authority — or FCA — for the first time. The U.K.’s Economic Secretary to the Treasury and City Minister, John Glen, said: “It’s important that people can understand the financial products they see promoted. If adverts by unauthorised firms are misleading, or don’t fully outline the risks, then people …

According to Marshall Hayner, an early Bitcoin (BTC) adopter, Adam Back had a beer with Satoshi Nakamoto in London. “Yeah, I met him once” Metal Pay CEO Marshall Hayner told Cointelegraph a story he heard from Back at a party in Los Gatos some years ago. The party was thrown to celebrate the formation of Blockstream and its successful capital raise. Hayner said that he was invited to the party by Austin Hill, who was Blockstream’s CEO at the time. The community was small and closely knit, with only a select few people in attendance. Allegedly, after a few drinks, …

As reports hit the United Kingdom in mid-June warning that inflation rates had fallen to a four-year low, high-profile fund managers were conversely worrying that the COVID-19 stimulus from governments and central banks would ultimately drive up prices. In a recent market outlook note, famed hedge fund investor Paul Tudor Jones warned that: “We are witnessing the ‘great monetary inflation’ — an unprecedented expansion of every form of money unlike anything the developed world has ever seen. High debt accommodated by money printing is difficult to banish. Inflation expectations could one day respond to this reality.” Crispin Odey, the London-based …

British journalist and TV personality, Piers Morgan, made his “big announcement” on Twitter on July 16 — but despite social media rumors about a potential Bitcoin endorsement it wasn’t crypto-related Instead Morgan said he’ll be launching a book related to a “liberal war” and COVID-19 called Wake Up. He’d earlier addressed the rumours he’d start providing Bitcoin advice (BTC) in the following tweet: UPDATE: No, I’m not Ghislaine Maxwell’s secret husband, nor am I transitioning, providing Bitcoin advice, quitting GMB, going vegan or replacing Jofra Archer in the Test match. All will be revealed at high noon. — Piers Morgan …