Cryptocurrency News
Running a cryptocurrency exchange is a very tedious and stressful undertaking. Not everyone is cut out for this 24/7 job, which is only to be expected. Tobiesz Niemiro, a former co-owner of the now-defunct BitMarket exchange, was founded dead this week after what appears to be a suicide. BitMarket Exit […]
Influencers are cancer upon our society today. While these people get paid to share sponsored opinions on products and services, they are not necessarily a reliable source of information. This is especially true in the cryptocurrency industry, where no one’s opinion should be trusted. The recent NovaChain scam shows how […]
A lot of things are happening in the world of cryptocurrency. While not all of these developments are prominent or even positive, it is important to keep tabs on everything that is going on. It now appears the Bitsane exchange has become defunct and they may have stone customer funds […]
Every time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, such exit scams are a lot more common than one might think. The following examples show how one should never trust another […]
Most cryptocurrency users are well aware of the recent Oyster project failure. Although it remains unclear if this was an exit scam or something else taking place entirely, legal action appears to be more than warranted. A new dedicated forum has been created to gather complaints and testimonials. Oyster Lawsuit […]
When celebrities get involved in cryptocurrency, things usually do not end all that well. Various ICOs have been endorsed by celebs, which has backfired every single time. In the case of rapper T.I., his own token offering failed. He now faces a $5m lawsuit for trying to dabble in the […]
Less than two months from today, NASDAQ and Bakkt are slated to launch their cryptocurrency trading tools to institutional investors. At the same time, major projects continue to exit scam and defraud their communities. It’s just another day in crypto. On October 29, creator of the Oyster (PRL) project exploited […]
It’s not secret that a dauntingly large percentage of ICOs are fraudulent from the start. However, in most cases, it’s quite simple for speculators to separate the scams, and funds are primarily accumulated from inexperienced or otherwise naive investors that the coin offering targets. Unfortunately, every now and then, these […]