(Digital Money World) Thanks to DGC Magazine for the heads up.
Two weeks ago, Security Focus has released an article on digital money being cyber hackers’ paradise for laundering money and has mentioned about Web Money Transfer being in Russia and the US has no chance of cooperating with them to weed out crimes since they’re located in Russia as compared to Neteller and E-gold (who’s now still under DOJ)
Web Money team has responded to Security Focus’s allegations with a lengthy explanation which kinda clears the air on the irresponsibility of SF for not contacting Web Money first before releasing the …read more

What are the two constant financial themes showing up in all the headlines? (1)The declining value of the US dollar and (2) the rising price of Gold.

Ukash allows local cash funding of Linden dollar accounts through Bulido. Take cash to a location near you, receive a paper voucher, visit Bulido the Second Life Money Service Company and enter your voucher number…instant Linden dollars in your account. Cash to Linden transactions.

Webmoney Gold WMG purse is gaining in popularity. Here is their September audit of gold on deposit in Dubai.

Congratulations to Webmoney Transfer. Many years of hard work and planning is paying off big in the world of global e-commerce. A new version of Webmoney Keeper software is also now available for download.

A week or so back I did a story about how online scams, pyramid schemes and Ponzi frauds were alive and well swindling Internet money from people around the globe. I tried to illustrate how digital gold currency is the preferred method of payment for most scam operators. Millions…no TENS of millions in dollars and euros from strangers around the globe are channeled directly into the pockets of online thieves using digital currency.
Everyone I know is aware of these operations but pretty much echoes the same responses, some of which ring …read more

Ukash, has increased the maximum value of a single voucher purchased at PayPoint terminals in the UK from £100 to £499.

Do you believe in miracles? Excuses behind the High Yield Investment (HYIP) Scams.

Take a closer look at the discussion over on the new e-gold blog. Dr. Jackson is discussing the phrase ‘better money’.

Can we resolve the recent issues surrounding e-bullion? This is an open letter to the GDCA President for answers.