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But outside of FTX, cryptocurrency theft is rampant, especially in the UK, where it increased by a third in one year. Thieves stole hundreds of millions of pounds from victims, according to police data cited by the Financial Times. 'Job Interviews are a Nightmare - and Only Getting Worse' The precious metals market has a history stretching back thousands of years. More recently, innovative businesses have been finding ways to use modern technology to optimize and improve this age-old asset class. In this article, we take a look at how some innovative projects and companies are using blockchain technology to back ownership of precious metals – and how Automated KYC is being used to make the sector more secure against fraud and threat of money laundering.