CosCoin has been in the news for a range of reasons, both positive and negative. The crypto app has been associated with fraud warnings and scams with north-east victims losing £214,869. Thousands of investors have been left in a lurch as the crypto scheme collapses. There have been fears of losing funds amid withdrawal woes. The UK police have issued a public warning against CosCoin's crypto scams.
On the other side, it has been reported that BlackRock, the $8.5 trillion asset manager, has unveiled bitcoin mining investments stating that these companies offer a great investment opportunity. Yet another report suggests that the right time to invest in cryptocurrency is now despite the associated dangers.
Costs associated with cryptocurrency remain a significant concern with reports highlighting that it cost 3.07 cents to manufacture a penny in 2023. There have been indications of significant losses incurred due to cost cuts and higher interest rates. Along the same lines, the cost of mining Bitcoin in 198 different countries has been reported.
Amid all these, CosCoin has some positive news to its credit. The Contentos post 5-Year Mainnet Journey future plan is potentially a positive step towards the coin's improvement.
COS Coin News Analytics from Sun, 23 Mar 2014 07:00:00 GMT to Mon, 23 Sep 2024 12:11:34 GMT -
Rating -8
- Innovation -4
- Information -5
- Rumor -6
