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The value of U.K. cryptocurrency fraud hit a record high following the collapse of FTX.That according to a recent report by law firm RPC, which found that the value of fraud during the 12 months ending March 31 of this year was at 拢306 million, up 41% from the prior year.Around one-third of that figure was due to the downfall of FTX, the report said, with 拢115.6m reported lost to fraud in the U.K. during November 2022, the month the company went bankrupt. These numbers show both the impact of crypto fraud on U.K. investors and more specifically the colossal impact that the collapse of FTX had on U.K. retail investors, Dan Wyatt, partner at RPC, said in a news release.However, Wyatt noted that there are indications the impact of crypto fraud could be lessening, as the number and value of reports from December 2022 to March of this year fell compared to the year before. That could mean that investors have become more cautious or more educated about the risk of fraud. Although it may of course only indicate that there was less investment in cryptocurrencies during this period than the previous period due to the crypto winter and wider economic conditions reduci stanley cup romania ng investment appetites, he said. Either way the value and volume of cr stanley termosky yptocurrency fraud remains very high. And while fraud reports from this period are likely to include cases with direct links to FTX, RPC said they co stanley cupe uld also include reports dealing with pyramid schemes that came to light du Eiyp How Corporates Are Driving US RTP Adoption

The Department of Economic Development DED in Dubai and global payments technology company聽Visa聽launched the second annual UAE Card Security Week to promote safe online shopping habits and help protect consumers against payment-related frauds.A stanley quencher ccording to Finextra, the weeks theme is staying safe when shopping online, with Visa and DED surveying consumers across the UAE to understand their experiences, attitudes and behaviors regarding eCommerce. With the countrys eCommerce sector growing rapidly, UAE Card Security Week is an important and timely opportunity to educate shoppers about staying safe online, said Mohammad Ali Rashed Lootah, CEO Commercial Compliance Consume stanley us r Protection, DED. This study highlights the many opportunities that have been realized, while also identifying a number of challenges that still lie ahead. In particular, the sectors continued growth now depends on the quality of the customer experience and t stanley becher he security of their transactions being maintained despite ever-increasing volumes of activity. The study found that 56 percent of UAE consumers are now frequent online shoppers, making purchases at least once a week, compared with 39 percent last year. The UAEs eCommerce sector is seeing significant growth across nearly all categories: Travel and entertainment and utilities remain vital categories, while movie tickets up 18 percent , restaurant orders up 17 percent and groceries up 16 percent all saw major growth over the last year.Of cours