This ad promotes cryptocurrency within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in some EU countries and the UK., no EU consumer protection. Investments are subject to market risk, including the loss of principal.
Jens Weidmann has explained fears about the possible implementation of central bank digital currencies (CBDCs) could have on the larger financial landscape. He addressed his concerns during a speech in Frankfurt earlier this week. It was his opinion, the widespread implementation of CBDCs could destabilise financial systems across the world and cause for a financial […]
By now you have most probably heard of crypto mining and how you can create digital currency using your computer or other software and hardware. Mining has been seen as a great investment in the past, but as the complexity to create coins has required ever greater use of resources, is mining still a good […]
One of the leading outlets for blockchain and cryptocurrency news will close its doors for good, citing a Google update as the reason, after it caused them to lose 71% in google traffic. The platform, which has been sharing cryptocurrency news since 2013, announced the news via their website earlier today. The post explained how […]
Coinbase has added a new addition to its CoinBase initiative, DAI, making this the first stablecoin to be added to the concept. This follows news from the exchange platform turned educator who added EOS to the Coinbase Earn service last week. Seemingly in a bid to grow the project as quickly as possible, the DAI […]
Cryptocurrency is unlike any other kind of money the world has known. It doesn’t exist in physical form, you cannot carry it in your purse or your physical wallet, and it is a truly democratic form of currency because it’s far removed from any government interference. Here’s a brief look at what is cryptocurrency, if […]
John De Mol, a Dutch billionaire and media tycoon, has sued the social media giant, Facebook, for allowing cryptocurrency advertisements which feature his face without his permission. According to the suit, consumers who bought into the ad, believing that it was backed by De Mol, have lost over €1.7 million. His reputation has also suffered […]
Coinroom, the largest exchange platform in Poland, has come under scrutiny for seemingly committing exit scam. The platform first closed its doors at the end of April. The process happened within the space, with customers being alerted via an email. They were then advised to withdraw their money within 24 hours by contacting the platform’s […]
Bitcoin that were stolen from the exchange platform Bitfinex have been moved on the blockchain from the unknown perpetrator of the theft. The funds had been dormant for three years before this latest activity. $1.37 million in total were stolen from the exchange platform back in 2016. Over the course of yesterday, they were moved […]
The CEO of OneCoin, a cryptocurrency that has come under scrutiny for being a Ponzi scheme, has pleaded not guilty to wire fraud. Konstantin Ignatov who was charged with a number of crimes, including securities fraud, money laundering and wire fraud. The latter of which crimes he pleaded not guilty to at a trial earlier […]
Fiat and crypto currencies are sometimes thought to be similar in nature and scope, but in reality, there are significant differences between the two. As a start, cryptocurrencies such as Bitcoin and Ethereum only exist in digital ledgers, whereas fiat currency can be held and used anywhere. What is Fiat Currency? Fiat currency, such as […]