Australia took down 600 crypto scams, says AI will make it worse
Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes.
Related Posts


How to eliminate FOMO and stick to a cryptocurrency trading strategy
Emotional investing has the potential to cause traders to act on impulses that can negatively impact their trading strategy and profits. When it comes to investing, emotions might be one of the most difficult obstacles to overcome. Consequently, it is one of the main reasons investors lose money when trading cryptocurrency. Unfortunately, emotions are a…

CoinShares opens up its $1B crypto coffers to public audit
Ever wondered what $1 billion worth of crypto looked like? CoinShares, a company that manages over $1 billion worth of crypto assets is opening up its reserves to a public audit. The service is provided by an accounting firm Armanino, which will be providing an updated state of reservers for various electronically traded products issued…

How to manage crypto losses on tax returns in the US, UK and Canada
Cryptocurrency taxation is a subject of increasing importance, with governments worldwide working diligently to establish clear rules for taxing digital assets. In the United States, the United Kingdom, and Canada, crypto holders navigate complex regulatory landscapes, making it crucial to understand how crypto losses are taxed and their potential impact on tax liability. Whether new

Mt. Gox Whistleblower Alleges Shadow-Ban on Twitter for Coronavirus Analysis
Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic.Messari runs a tracking service that provides updates on the number of coronavirus cases globally, including state/provincial data for several countries.Ryan Selkis and Messari Appear to Stoke Twitter’s…

Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest
The pro-democracy, anti-government protest movement in Hong Kong is spurring wider adoption of cryptocurrencies such as Bitcoin (BTC).Yahoo! Finance reported on Aug. 28 that the political upheaval in the city — which has now entered its 12th week — is prompting several local businesses and individuals to switch to using non-sovereign and decentralized digital currencies.Apolitical,…

Jack Dorsey’s Square Inc. to invest $5M in Blockstream Bitcoin mining facility
Blockstream is a leading blockchain development company founded by Adam Back in 2014. 2033 Total views 6 Total shares Square Inc., a crypto-friendly mobile payments company, is planning to invest $5 million in a solar-powered Bitcoin (BTC) mining facility for Blockstream Mining, offering further insight into Jack Dorsey’s continued support for blockchain infrastructure. Chris Cook, Blockstream’s…

3 reasons why Ethereum price could struggle at the $1.9K level
Since May 12, Ether (ETH) price has been struggling to sustain its $1,800 support level as investors face pressures from a worsening crypto regulatory environment and the Ethereum network’s high gas fees. Also negatively impacting Ether’s price are 3 indicators signaling reduced demand for its decentralized applications (DApps) and a lack of leverage buying demand…

Crypto Markets Placid on 10th Anniversary of Bitcoin Whitepaper
Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range.Market visualization by Coin360On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin (BTC) is…