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Kodak has quietly canceled its stupid (and very expensive) Bitcoin miner
The Kodak-branded Bitcoin miner, KashMiner, is officially dead – which is great because it never made sense in the first place. It was supposed to be a machine that you could “hire” – after paying an up-front fee of close to $3,500. дальше »
2018-7-17 12:03 | |
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Evaporating is Kodak’s Bitcoin mining ‘scam’
16 July 2018 Image caption The Kodak KashMiner appeared at CES in January The company behind a Kodak-branded crypto-currency mining scheme has confirmed the plan has collapsed. In January, a Bitcoin mining computer labelled Kodak KashMiner was on display on Kodak’s official stand at the CES technology show in Las Vegas. ‘Unrealistic’ plans In its дальше »
2018-7-16 20:59 | |
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GainBitcoin’s $300 Million Crypto Scam Investigation Sees New “Crucial Clues” Surface
GainBitcoin was exposed as a Ponzi scheme, and the investigation by the Indian police force has continued to progress. The scheme stole $300 million, but authorities have said that they presently have new “crucial clues” to see how this fake company ended up laundering so much money. дальше »
2018-7-16 09:17 | |
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Banker Mocked After Talking About Cryptocurrency
And the crypto community promptly had a field day with those remarks. Back in February, he called bitcoin “a combination of a bubble, a Ponzi scheme and an environmental disaster” during a lecture. дальше »
2018-7-14 14:56 | |
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A election probe implicated bitcoin – and the reaction was swift
Notably, the accused used bitcoin – including funds they mined themselves – to pay for web domains and other services utilized during their alleged scheme. Unsurprisingly, the news quickly spread through social media, inciting a mix of incredulity, suspicion and – in some cases – amusement from observers. Rep. Emanuel Cleaver’s tweet, as might be дальше »
2018-7-14 14:13 | |
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New Crypto Blackmail Scam Targets Porn Watchers in Latest Bitcoin Scheme
Porn viewers are the recent targets of a new scam that attempts to blackmail them with the aim of extorting a sum equivalent to $1,900. To make it even more complicated, the people behind the scam are only accepting payments made in the form of bitcoins. How Are They Doing This? The scammers are using […] дальше »
2018-7-13 22:29 | |
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Whistleblower Makes $30M – JPMorgan Makes $24 Billion
Financial regulators have recently announced their largest-ever award for the informants who blew the whistle on a financial institution. The business in question has in the past betrayed the trust of its clients, misled its investors, and even found time to operate a ‘systematic bribery’ scheme – yet it recorded a legal profit of $24 […] The post Whistleblower Makes $30M – JPMorgan Makes $24 Billion appeared first on Crypto Briefing. дальше »
2018-7-13 18:36 | |
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A new set of Electricity rate for Crypto miners created by New York State
A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. State regulators in New York allowed a municipal utility provider to implement a new set of electricity rates for cryptocurrency miners. дальше »
2018-7-13 18:24 | |
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New York State Creates a New Set of Electricity Rates for Crypto Miners
A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers. The post New York State Creates a New Set of Electricity Rates for Crypto Miners appeared first on CoinSpeaker. дальше »
2018-7-13 15:51 | |
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Crypto miners get updated power rate structure approved by NY state officials.
New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility дальше »
2018-7-13 06:31 | |
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The History of Crypto Infographic
In the grand scheme of things, cryptocurrency has been around for the blink of an eye. The story of Bitcoin starts with the global financial crisis of 2008 and an anonymous programmer called Satoshi Nakamoto, who decided that it was possible to build a better financial system. Satoshi and his loyal band of followers attempted […] дальше »
2018-7-13 02:17 | |
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Revolutionary Crypto Exchange, Binex.Trade Launches Brand Ambassador Initiative
Crypto trading platform Binex is always on the move to satisfy their users. Now, the platform has decided to reward loyal users by launching its brand ambassador scheme. The program which is known as “The Brand Ambassador Program” is projected towards those who share the exchange’s vision as well as the vision of the entire […] The post Revolutionary Crypto Exchange, Binex. дальше »
2018-7-13 01:15 | |
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FCoin Exchange Now Compared To Ponzi Scheme
Move over, Kitties. There’s a new clog in the Ethereum pipes, and this one’s not getting cleared anytime soon. Over the past weeks, FCoin has moved from an unknown back corner to the most (in)famous exchange in the market, with a volume that—supposedly— exceeds top coin marts like OkEx and Binance. дальше »
2018-7-11 17:23 | |
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Facebook Could Be Next In the BitConnect Lawsuit After YouTube
YouTube, a video-sharing site owned by Google, just found itself involved in a lawsuit filed with the Southern District Court of Florida, on July 3, against BitConnect, which is a cryptocurrency lending platform built over a Ponzi scheme. дальше »
2018-7-11 16:19 | |
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Over a Million Computers Fall Prey to Crypto Mining Attack
Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed. дальше »
2018-7-10 16:14 | |
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William Shatner calls out his fake Twitter handle promising Ethereum [ETH] giveaway
William Shatner, the Captain Kirk of the world famous original series Star Trek, recently tweeted in the response of a fake Ether giveaway being promised by a fake Twitter handle created in the name of Shatner. дальше »
2018-7-10 00:00 | |
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Cryptocurrency Experts & Whales Respond to BIS Bitcoin Bashing Report
BIS Whales Reveal Their True Thinking In a strongly-worded statement, the Bank of International Settlements (BIS) head Agustin Carstens has said that young people must “stop trying to create money. ” Carstens said that cryptocurrencies are “ponzi scheme[s]” destined to “fail dramatically. дальше »
2018-7-9 21:05 | |
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Shatner Sets Phasers to Kill for Twitter Ethereum Scammers
Legendary actor William Shatner who is beloved around the world for his portrayal of Captain James T. Kirk on the original Star Trek series has been righting some wrongs of his own in the crypto universe as he called out a ‘pump and dump scheme’ using his name on a fake twitter account. дальше »
2018-7-9 13:00 | |
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Cryptos Are a Ponzi Scheme and an Environmental Disaster: BIS General Manager
The Bank for International Settlements is not a fan of cryptocurrencies, and it hasn’t shied away from expressing its view. Having released a scathing report on why cryptos are a poor substitute for the institutional backing of money less than two weeks ago, the bank’s general manager was at it again, this time calling cryptos […] дальше »
2018-7-7 23:00 | |
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Bitconnect [BCC]’s lawsuit takes a turn; YouTube added as defendant
Bitconnect [BCC], a crypto investment platform, made waves on the Internet after one of their videos went viral on YouTube. Now, YouTube is added as a defendant in the lawsuit against the Ponzi scheme that was Bitconnect. дальше »
2018-7-7 10:09 | |
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Turkish “National” Coin Turcoin Defrauds People of Millions
Police in Istanbul has arrested the founders of Hipper, a company that launched the Turkish “national” coin Turcoin. The two arrested were involved in a cryptocurrency Ponzi scheme and cheated over 10,000 victims. дальше »
2018-7-6 16:14 | |
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Bitcoin (BTC) Scam: India’s Opposition Accuses Ruling Party of $763M Investigation Cover Up
The opposition urges the Supreme Court to join an ongoing investigation of the Bitconnect fraudulent scheme and the theft of 200 Bitcoins, claiming the ruling party put political pressure on investigators. дальше »
2018-7-6 14:52 | |
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Ethereum Classic Runs Away From Market Decline, Is A Coinbase Listing Imminent?
Ethereum Classic is performing against the grain today. This morning, as the rest of the markets embark on a steep fall, Ethereum Classic has taken on its own change in direction, making positive gains through the day. дальше »
2018-7-6 13:30 | |
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South Korea legitimizes Blackheine business with major new classification standards
The South Korean government is drafting major new industry classification standards for the domestic blockchain industry, local crypto news outlet The BChain reports Thursday, July 5. The scheme will reportedly serve as a basis for policy making, notably aimed towards “blockchain promotion and regulatory frameworks,” and covers areas including blockchain systems construction, decentralized applications (DApps) дальше »
2018-7-5 19:23 | |
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Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme
One of the world’s biggest bank is to pay a $47 million criminal penalty to the U.S. Department of Justice and a $30 million settlement to the Securities and Exchanges... The post Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme appeared first on Trustnodes. дальше »
2018-7-5 18:00 | |
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‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners
The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster. дальше »
2018-7-5 17:00 | |
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Bitcoin Is A Ponzi Scheme And May Be Worth Nothing Soon, According To The New York Post
The New York Posts John Crudele has published an article that discusses some reasoning for his theory that Bitcoin is about to fall out of itself and totally lose all value. Whilst this is a bold and frankly unrealistic claim, this is something that we should explore. дальше »
2018-7-5 12:30 | |
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Smartphone Monster Xiaomi Disavows ICO Token Pegged to Its Stock
Smartphone maker Xiaomi said it has not authorized and has no connections to an initial coin offering scheme that is selling a token which is said to peg to Xiaomi’s stock price in its upcoming initial public offering. дальше »
2018-7-3 15:41 | |
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Korea’s oldest mileage scheme can change money points to Kryptos
The company behind OK Cashbag, the oldest and most popular mileage point program in South Korea, is mulling a plan to convert cash points accumulated by its users into cryptocurrency. In an interview with CoinDesk Korea, SK Planet said a plan to introduce a blockchain system to tokenize cash points has been shared with the дальше »
2018-7-3 13:49 | |
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Elrond ICO (ERD Token): Adaptive State Sharding & SPoS Blockchain?
Elrond Network is a scalable public blockchain that seeks to deploy a novel architecture that goes beyond typical scalability with their whole state sharding scheme. The sharding protocol eliminates energy and computational waste while also ensuring there is fair distribution through the Secure Proof of Stake (SPoS) consensus. Still, the structure will work in line […] дальше »
2018-6-30 22:13 | |
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South Korea’s Ministry of Finance Says 10 Percent Crypto Tax Not True
South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme. дальше »
2018-6-26 14:49 | |
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New Data Shows No Evidence of Bitcoin Price Manipulation as Whales ‘Hodl’
The mainstream media narrative that Bitcoin is a “ponzi scheme” and bagholders are selling is false, new data showing Bitcoin user ‘hodl’ behavior claims. Whales Are ‘Hodling’ The findings, uploaded to Twitter by commentator and researcher BambouClub June 25, focuses on so-called ‘Bitcoin days destroyed’ (BDD) as a variable by which to judge investor sentiment, which he explains is “totally unaffected” by bitcoin price . дальше »
2018-6-25 19:00 | |
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