Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High

Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High

NEWS

Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High

by Adrian Zmudzinski

Worldwide Google searches for “Bitcoin” have hit the highest level in three months, suggesting an overall shift in market sentiment as China supports blockchain…

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China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

NEWS

China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

by Adrian Zmudzinski

China has passed the first-ever law specifically aimed at regulating cryptography and password management taking effect on Jan. 1, 2020.

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Scam Hyips

Operators generally set up a website offering an “investment program” which promises very high returns, such as 1% per day (3678% APY when returns are compounded every day), disclosing little or no detail about the underlying management, location, or other aspects of how money is to be invested. The U.S. Securities and Exchange Commission (SEC) has said that “these fraudulent schemes involve the purported issuance, trading, or use of so-called ‘prime’ bank, ‘prime’ European bank or ‘prime’ world bank financial instruments, or other ‘high yield investment programs.’ (HYIP’s) The fraud artists … seek to mislead investors by suggesting that well regarded and financially sound institutions participate in these bogus programs. In 2010, the Financial Industry Regulatory Authority (FINRA) warned that “[t]he con artists behind HYIPs are experts at using social media — including YouTube, Twitter and Facebook — to lure investors and create the illusion of social consensus that these investments are legitimate.

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