Australians Lose Big to Cryptocurrency Scams, over $2 Billion in a Decade

Australians seem to be very vulnerable to fraudulent money-stealing schemes. In 2019 alone, the continent citizens lost over $634 million to cryptocurrency scams, with over $2 billion stolen during the…

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83% of Bitcoin Addresses Currently Profitable, Says Glassnode

At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known…

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Crypto Newbie: What Is Bitcoin and How Exactly Does It Work?

Today, it is very difficult to find at least a single person in this wild world that hasn't heard of Bitcoin. Nevertheless, there are not many people who actually realize…

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ADA Now Available on Crypto.com Soft Staking

We are pleased to announce today that Cardano (ADA) is now added to Crypto.com Soft Staking, allowing Crypto.com Exchange users to enjoy up to 2% p.a. on ADA deposited to…

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There Might be a War Between Cryptocurrency and CBDC if the Latter is Widely Adopted

As the world becomes increasingly digital, more and more people turn their attention to cryptocurrencies. In fear of fiat money being replaced, governments and central banks are looking to create…

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The Billion Coin Scam Leaves Investors’ Funds in an Unclear Future

A lot of cryptocurrency users, especially new investors have been scammed left right and center to invest their funds in fake projects related to digital currencies. There is an ongoing…

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Cryptocurrency Fraud Worth 100 Bln Won Busted in South Korea

On June 12, 2020, the Seoul Metropolitan Police announced investigating a cryptocurrency scam project run by three fraudsters having collected about 100 billion won (approx. $83.1 million USD).

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Cryptocurrency Can Become a Medicine to Treat the Challenges Caused by Covid-19

Who would ever think that coins can be used to halt the spread of diseases? Most of the people used to think that cryptocurrencies are only used for payments and…

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Bitcoin Hovers in the Mid $9,000 Region, Faces Rejection at $9,800 Resistance

From the daily chart, Bitcoin bulls have failed to break the $10,000 overhead resistance since June 1. BTC has been restricted below $9,800 resistance.

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Bitcoin Cash Struggles to Sustain Above $260 High, Targets $280 Resistance

Bitcoin Cash has resumed its upward move despite the breakdown on June 2. The breakdown was a result of price reaching the overbought region.

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