Crypto Scams Comprise 0.6% of Fraud – Australian Consumer Watchdog

The Australian Competition & Consumer Commission (ACCC) has released a report on trends within the scam economy during 2017. The report identifies cryptocurrency related fraud to comprise less than 1% of the scam activity recorded in Australia last year. Also Read: Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition Cryptocurrency Scams Responsible for … Read more

Here’s What Not to Do When Setting up a Masternode

In the world of cryptocurrency, masternodes play an increasingly important role. They incentivize coin holders to lock up vast amounts of a specific currency and provide valuable services to the network in the process. However, there are some concerns when setting up such masternodes, especially when it comes to people who do so for others. Criminals Target Masternode Newbies … Read more

The Floating Island Project Will Get Its Own Cryptocurrency

Cryptocurrencies could easily become the money of the future. Due to their global appeal and increasing popularity, it seems to be only a matter of time until such a transformation takes place. The Floating Island Project, however, is taking a slightly different approach. It will become the world’s first floating nation and apparently use its own cryptocurrency … Read more

Coincheck Will Delist Augur’s REP Token Due to Concerns over Unlicensed Gambling

The cryptocurrency situation in Japan is changing rather quickly these days. Coincheck, one of the country’s bigger trading platforms, has made it clear they are not too keen on privacy-oriented currencies. As such, they have announced the removal of Dash, Monero, and Zcash trading. It seems the company is also getting rid of Augur’s REP token. … Read more

How Real is the Binance Effect?

It’s been about four months since the cryptocurrency market hit its peak, at an astonishing $835.68B. Bitcoin was trading at almost $20,000 – $19,888.90 to be exact. Since the bear run commenced, almost every crypto, big or smaller, has suffered big losses. At the time of this writing, the cryptocurrency market sits at less than … Read more

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One

A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country … Read more

Canadian Regulator Warns Investors of Five Cryptocurrency Firms

The Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Warning to Investors The Ontario Securities Commission (OSC) … Read more