Altcoins News

Story: Bona Fides of Cryptocurrency Token Matter to Avoid Worry among Investors

By Maheen Hernandez

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With Bitcoin crossing the 5000 mark, profit making continues to be a relative standard.  Volatility, adoption and applicability of Bitcoin continue to correct themselves to…

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For several investors, Bitcoin has provided higher return on investments in comparison to gold and oil.

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The Investor Education and Protection Fund (IEPF) favors cryptocurrency ban in India.  The authority comes under the Ministry of Corporate Affairs.

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Anurag Agarwal, IEPF CEO stated, “Cryptocurrencies are like Ponzi schemes and must be banned.

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The largest auto manufacturer in Britain, Jaguar Land Rover, have recently stated that they are testing a software which will allow their drivers to earn IOTA in cryptocurrency…

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The data that their drivers are expected to provide are related to traffic congestion and potholes to the local authorities and providers of navigation services.

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Dominik Schiener, IOTA co-founder recently stated, "The smart wallet technology can be easily adapted into all new vehicles."

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Australians lost nearly half billion scams due to cryptocurrency in year 2018.  This information has been provided by the Australian Competition and Consumer Commission…

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Delia Rickard, ACCC Deputy Chair stated, "These record losses are likely just the tip of the iceberg.

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He further added, "Scammers are adapting old scams to new technology, seeking payment through unusual methods, and automating scam calls to increase their reach to potential…

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The ACCC has been making several attempts to disrupt scams. 

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Cryptocurrency as a tool for financial freedom are highly volatile due to the variations in the supply of tokens.

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The Bona fides of a cryptocurrency token matter to avoid worry among investors who choose a particular token.

The Currency Analytics

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