Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

ArgentinaThe Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of […]

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Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return

Survey: Crypto Traders Predict Ethereum's ROI to 'Crush' Bitcoin's 2021 Year-End ReturnBitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year low tapping 41.9%, while ethereum’s market cap […]

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Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually

Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% AnnuallyWhile cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of […]

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Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits

Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto ProfitsAustralian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts. Investors and traders earning income from cryptocurrencies are […]

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Less Than Half of ICOs Survive Four Months After Sale, Study Finds

Less Than Half of ICOs Survive Four Months After Sale, Study FindsNew academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while […]

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Hacker Returns 20,000 ETH to Coindash

Hacker Returns 20,000 ETH to CoindashCoindash has announced that 20,000 ETH have been sent to the company’s wallet from the address associated with the hacker that stole approximately 37,000 ETH during the company’s ICO last year. The transaction constitutes the second instance in which the hacker has returned funds to Coindash. Also Read:Japanese Police Reveal 669 Money Laundering Cases Tied […]

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Number of Cryptocurrency Hedge Funds Rises to 226 Globally

Number of Cryptocurrency Hedge Funds Rises to 226 GloballyThe number of global cryptocurrency hedge funds has reached a record high of 226, according to research firm Autonomous Next. The hedge funds tracked by leading hedge fund database provider Eurekahedge show a return of 1,477.85 percent in 2017 on average. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 226 Crypto Hedge […]

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