Vietnam among hardest hit by cryptomining attacks: security bulletin

Over a dozen investors of a cryptocurrency mining company have claimed to be victims of a fraud case after the company's director went missing, allegedly with their money.

Officials think high volatility and lack of safety make cryptocurrencies unsuitable for central bank backing.

Cryptocurrency is illegal in the country, but 6,400 mining systems have been imported in the first four months of the year.

The firm claimed to have a license to trade the cryptocurrency, but was hit by a $1,750 fine.

Many of the start-ups do not deal directly with individual customers, but instead provide the "back end" transfer mechanism for remittance shops.

Some of the biggest electronics bazaars in Asia are being flooded with customers looking for cryptocurrency mining rigs.

They are accused of having illegally sold the account to a crime group.

The virtual currency has been down by almost 40 percent in 2018, amid worries about a regulatory clampdown.

Some locals in Bali said bitcoin was being used mainly by foreigners on the island.

People are going head over, well, tails, for the lucky charms.

Cryptocurrencies are not officially recognized in Vietnam, but that has not discouraged investors.

Warnings about the risks of investing in the unregulated market have increased.

'Employees can receive salaries by Bitcoin if they want to.'