Bank of Malaysia warns about fake crypto certificates

Bank Negara Malaysia issues a warning about fake cryptocurrency consultant degree certificates with their logo
02 April 2018   521

The rising popularity and increasing adoption of cryptocurrencies has opened a lot of new study venues. Cryptocurrency-related courses are popping up in universities all over the world. And, as usual, there are people who try to profit from it.

In Malaysia fake certificates of degree as a “Certified Crypto Asset Consultant” has been sighted. It's especially irritating for the Central Bank of Malaysia (BNM), because their stamps and logo, alongside ones from University of Malaysia, are on these fake degree papers.

Apparently, these certificates has been used for quite a while to fool businesses and employers, who are looking for specialists in field of digital asset investments.

“BNM does not recognise these certificate holders who use such documentation in offering consultation services. Members of the public are advised to verify the validity of any certification programme before registering”, said the representative of Central Bank of Malaysia.

The bank reminds everyone, who has been presented with aforementioned certificates, that it's important to verify the authenticity of the documents, before agreeing on services of such specialists.

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   1007

Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node.

Sats App is positioned as a non-custodial bitcoin wallet "with unique functions." According to Casa CEO Jeremy Welch, the SatsBack reward program will soon be launched, under which users will receive small amounts in BTC. For example, for connecting an application and a Casa Node device to each other, the user will receive 20,000 Satoshi.

Features are focused on increasing adoption of bitcoin and lightning nodes. You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.
 

Jeremy Welch 

CEO, Casa

He also added that the application, available for iOS and Android, is “secure, private and connects via Tor”.

According to CoinDesk, the startup earlier raised $ 3.5 million from Castle Island Ventures, Boost VC and Compound, and several other investors. Currently, a startup staff of 25 people serves users from 60 countries.