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
Australia Warns of Fake 'Tax Collectors' Demanding Bitcoin
The Australian Taxation Office (ATO) issued a warning about would-be scammers trying to con people out of their cryptocurrency.
Since late last year, scammers have been calling Australians and impe
Bitcoin briefly falls below $8,000 after Google says it will ban cryptocurrency ads
Bitcoin prices briefly fell below $8,000 on Wednesday following news that Google, the world's largest online ad provider, plans to ban cryptocurrency advertising. Facebook, the second largest
Crypto Is a 'Crock'? Twitter Reacts to House ICO Hearing
Despite the overall measured tone among lawmakers at Wednesday's House subcommittee hearing on initial coin offerings, a few members of the panel made inflammatory statements.
Social media users re
UK Crypto Exchange to Launch Bitcoin Futures Contracts
A British cryptocurrency exchange is planning to enter the bitcoin futures market.
CoinfloorEX, a London-based exchange founded in 2013, announced Wednesday that it would launch bitcoin futures con