In the financial world, there will always be people with less than honest intentions. That is only to be expected, primarily because a lot of people want to make money at all costs. Ponzi Schemes are often a great way to attract a lot of money, even though they will […]
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Mining As A Service: The MiningFriendly Model
Depending on how long you have been following the crypto agenda, you may have wondered about cryptocurrency mining or tried it for yourself. The rumors of the so-called ‘bitcoin mining gold rush’ drew lots of enthusiasts to mine bitcoin in its early days. Its market price rapidly grew together with […]
Bitcoin Price Watch: Currency “Resurrects” and Surpasses $5,700
At press time, the father of cryptocurrency is trading for over $5,700. While this isn’t as high as it was during the first half of the week ($5,800), it’s still far better than where it stood during our previous price article. It’s also good to see bitcoin maintaining its $5,000+ […]
The Four Facets of Wash Trading Explained
As far as financial markets are concerned, there will always be individuals and groups who seek ways to make money in slightly shadier ways. The concept known as wash trading is a great example in this regard. While it is the most obvious form of market manipulation, it is also […]
We Wanted to Overthrow the Dictators, but Did We Create New Ones?
Satoshi Nakamoto had a dream. A dream that one day, a few elites wouldn’t have a stranglehold on the monetary system used by billions. A dream that one day, people would rely on a trustless system that the elites couldn’t manipulate. And to bring his dream to reality, he (or […]
Tether and Bitfinex Accused of Covering up $850m Loss, Sparks a $10b Loss in One Hour
Tether is on the spotlight, again. This time, the largest stablecoin in the market is at the center of an alleged $850 million cover-up. The New York attorney general Letitia James obtained a court order yesterday enjoining iFinex Inc., the operators of Bitfinex as well as Tether Limited, accusing the […]
5 Crucial Aspects of India’s Proposal to Ban Cryptocurrencies
Regulatory measures affecting blockchain and cryptocurrency projects often create a panic reaction among community members. In most cases, any regulatory measure will ultimately lead to either restricting or banning a specific type of activity. In India, a new proposal has been submitted to effectively prohibit cryptocurrency trading and use, although […]
5 Quick Tips to Spot the Many Bitcoin HYIPs on the Internet
Scams and get-rich-quick schemes are nothing new in the world of cryptocurrencies. In the past few months, there has been a notable increase in so-called Bitcoin HYIPs. A high-yield investment program is a very common scam, especially on the internet. Below are a few tips to easily snuff out such […]
PixelBit – A Blockchain-Enabled Gaming Project, Scheduled to Launch In May
Many aspects of people’s lives have become more digitized during the past few years. New inventions, smart devices, innovations, and technological solutions surround us in all areas of life. The gaming industry is no exception. Online games have changed a lot. Before, players had to connect to a particular server […]
Should you Invest in Initial Exchange Offerings (IEOs)?
In the cryptocurrency world, making money is the number one priority for most users. Doing so has become both easier and more difficult in recent years. One new trend worth keeping an eye on comes in the form of Initial Exchange Offerings, on IEOs in short. However, these investments are […]
AriseBank CEO Pleads Guilty to Scamming $4.2 Million From His Clients
The CEO of AriseBank has pleaded guilty to scamming $4.2 million from hundreds of investors. Jared Rice Sr. was initially looking at over 120 years behind bars for all the charges he faced. However, according to a report by Dallas News, he only faces 20 years for one count of securities […]
Cardano 1.5 Releases on the Mainnet Ahead of PoS Protocol Upgrade
Cardano community members have been looking forward to the new major main net update. In version 1.5, a few interesting changes and features are introduced. It is also a major step toward the introduction of the Shelley release, which will occur fairly soon. As the project slowly leaves the Byron […]
Extortionists Made $332,000 in Bitcoin Threatening to Leak Porn History
Cybercriminals have continued to be a menace all over the world. And while their victims keep finding better ways to protect themselves, the criminals invent a new way to breach the security protocols. One trend that has become a favorite with cybercriminals is the use of cryptos for ransom. Easy […]
You May Be Richer Than Elon Musk, at Least in Bitcoin
Many of us regard Elon Musk as one of the most influential innovators of our generation. Musk is the brains behind Paypal, SpaceX, Neuralink, the Boring Company, Tesla and more. In the course of his innovations, he has racked up quite a fortune. According to Forbes, he is the world’s 54th […]
The FBI Reaches out to BitConnect Victims as Investigation Trucks Along
The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek […]
Penny Stocks and ICOs: The Original and the Remake
If you are looking for other things to play with while the crypto market is hibernating, you could put to good use all those lessons you’ve learned from trading in the last years by looking at the underrated and widely forgotten penny stocks. What are penny stocks? First of all, […]
Why Is VPN Use Important for Crypto Miners?
Crypto miners need VPN. The community of cryptocurrency miners are denizens of the blockchain. Cryptocurrencies like Bitcoin are emerging as the new arbiters of online financial transactions that need an extra layer of safeguards, which VPN gives. This post will address the following three areas: 1) Crypto miners: what they […]
Bitcoin Price Watch: Currency Spikes to Its Highest Point in Weeks
At press time, the father of cryptocurrency is trading for just under $3,900. The asset has spiked by a few hundred dollars over the past week, and enthusiasts are looking at the future through a hopeful lens, though many are still waiting for bitcoin overcome that $4,000 resistance level. Many […]