Bolivia lawmakers have enacted a crackdown on cryptocurrency use, arresting 60 people at a workshop and describing it as a “pyramid scheme.” In a statement issued by the country’s Financial System ... Read More
A bitcoin-focused pyramid scheme may have targeted Buddhist meditation practitioners in Thailand, according to a local news outlet.
In a report from English-language media source The Nation, member... Read More
Howard Marks, the man who predicted the dotcom bubble, billionaire investor, co-chairman of Oaktree Capital Group, has called Bitcoin a fad and even a pyramid scheme. It is a strong voice in... Read More
A consumer rights watchdog in Italy is fining a group of companies that have promoted OneCoin, the digital currency investment scheme widely believed to be fraudulent.
The 2.59 million euro fine wa... Read More
The head of Brazil's central bank took a harsh position toward bitcoin earlier this week, comparing the cryptocurrency to a pyramid scheme.
According to RttNews, central bank president Ilan Goldfaj... Read More
Analysis: What 2019 Could Bring for Bitcoin
Trading in altcoins was a big part of what made Bitcoin price spike towards the end of 2017. A section of the crypto space argues that while altcoins helped Bitcoin’s market cap swell, they also bro
Bitcoin Cash Going Down as Stellar Warms up
Bitcoin Cash’s market cap has been cut in half since the Nov. 15 hardfork which birthed the Bitcoin ABC and Bitcoin SV chains. Now at a mere $3.5 bln and a unit price of ~$201 as at the time of writ
300k User Data from Chinese Auto Finance Platform Sold For One Bitcoin on Dark Web
It is revealed that 300,000 pieces of user data from a Chinese auto finance platform Jiurong were compromised and priced at one bitcoin on the dark web.
According to the leaked data posted, persona
Heyday of Bitcoin Mining Rigs Business at China’s Huaqiangbei is Over Amid Crypto Market Carnage
Bitcoin price slumped to a 13-month low of about $4,300 on Wednesday, making mining the world’s leading digital currency an unprofitable business. A lot of mall miners, mining rigs dealers and minin