Fraud Prevention: Methods, Strategies, and Prevention Steps
Understanding Fraud Prevention Fraud prevention differs fundamentally from fraud detection in its approach. While detection identifies fraudulent activities after they've occurred, prevention focuses on proactively stopping these activities before they happen. This...
Protecting Elders From Scams
Madam Margaret Yeo, a 77-year-old retiree, nearly fell victim to a government official impersonation scam. Her sister Patricia intervened just in time, recognizing the scam tactics being used. This experience motivated their community centre, Tung Ling Community...
Cross-Border Anti-Scam Operation
Summary of the Joint Anti-Scam Operation This press release details a significant collaborative anti-scam operation between Singapore and Malaysia that took place from February 10 to March 9, 2025. The operation involved Singapore's Anti-Scam Command (ASCom) working...
Balatro wins the Game of the Year
Balatro, an independent roguelike deckbuilding game, won the much-coveted Game of the Year Award at the 25th annual Game Developers Choice Awards (GDCA). In addition, the title won the Best Debut, Innovation Award, and Best Design awards, giving it four victories at...
Two will face charges for selling fake iPhones
On March 20, two individuals will face charges related to the sale of a phoney iPhone. The two, who are 40 and 34 years old, were taken into custody on March 19 and, according to a police announcement that same day, 22 phoney cell phones, charging cables, and more...
Decentralized Blockchain
A decentralized blockchain is a digital system where control and data verification are distributed across multiple nodes (computers) in a network rather than managed by a single central authority. This structure allows for peer-to-peer transactions without...
Generating income with cryptocurrency
ere are several methods for generating income with cryptocurrency: Buying and Holding (HODLing) - The most straightforward approach involves purchasing cryptocurrency and holding it long-term, often buying during market dips. Cryptocurrency Trading — This is a more...
Understanding NFTs: Definition, Review, and Current State
Definition of NFTs Non-fungible tokens (NFTs) are unique digital assets that represent ownership of a specific item or piece of content on a blockchain. The key characteristics that define NFTs are: Uniqueness: Each NFT has a distinct identification code and metadata...
What is a blockchain wallet?
A blockchain wallet is a digital tool for storing, managing, and transacting with cryptocurrencies like Bitcoin, Ethereum, and other digital assets. Here's what makes blockchain wallets important: They store your public key (like your account number that others can...
Understanding Blockchain for Payments
Core Blockchain Concepts Distributed Ledger Technology (DLT): This is a shared database maintained by multiple independent computers (nodes) rather than a single central authority like a bank. Everyone has the same copy of the transaction history, making it...