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Over £2.35 Billion Lost In The UK Due To Financial Fraud During 2021

January 23, 2022 by Stephan Lindburg | Fact Checked

Financial Scams

According to UK's Action Fraud, which is the national center for reporting fraud and cyber crime, a total of £2.35 Billion were lost as a result of financial fraud or scams. Out of that £171m, were contributed to boiler room fraud and £318m account of other types of financial investment schemes. In 2020 the number stood at £1.8 Billion, so you don't need to be a math whiz to … [Read more...] about Over £2.35 Billion Lost In The UK Due To Financial Fraud During 2021

Are Crypto Trading Robots Really Profitable?

November 8, 2021 by Stephan Lindburg | Fact Checked

Bitcoin Robots

Automated trading systems aren’t actually all that new. They’ve been used extensively for foreign currency exchange (forex) markets for decades and are often used for stocks and other assets as well, often helping those traders generate consistent profits. Trading bots are becoming popular in crypto for the same reason they’re so widespread in forex and CFD trading. Regular … [Read more...] about Are Crypto Trading Robots Really Profitable?

Which Investors are Betting On Digital Currencies in 2021?

December 6, 2020 by Stephan Lindburg | Fact Checked

Winklevoss Twins

Which Investors are Betting On Digital Currencies in 2021? The world of cryptocurrency investment changed dramatically in 2020. Until recently, there was a lack of trust in digital currencies such as Bitcoin and Ethereum. Despite this, 2020 saw major companies like PayPal and VISA began ventures into digital currency. Additionally, institutional firms began structuring … [Read more...] about Which Investors are Betting On Digital Currencies in 2021?

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