Crypto News

Australian Crypto Scams Jump 190% in 2018, Still a Fraction of $500 Million Fiat Bust

By CCN.com: While 2018 was a tough year for cryptocurrency enthusiasts with the persistent bearish market conditions, it was a bumper period for scammers in Australia. According to the Australian Competition and Consumer Commission (ACCC), the use of cryptocurrencies in scams surged by 190 percent year-on-year. In 2018 the number of cases where scammers were […]

Bitcoin

Chinese Investors Jump on Bitcoin’s Bull Trend but at a Higher Price

Cryptocurrency investment is on the rise right now, especially due to the recent Bitcoin uptick. BTC’s recent climb attracted Chinese investors, but they’re paying a premium price because they have to pay extra to purchase over the counter. China previously banned cryptocurrency exchanges from operating within its borders and also banned crypto trading. However, Chinese […]

Crypto News

Sony Shares Jump after Japanese Giant Announces Unprecedented ¥100 Billion Stock Buyback

Japanese conglomerate Sony will kick off a $ 910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a maximum of 30 million of its own shares. Consequently, the amount of the company’s outstanding shares will be reduced by 2.4%. According to a Bloomberg Intelligence analyst, Masahiro Wakasugi, […]