Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

Cuba's Central Bank Suspends US Dollar Deposits Nationwide - Officials Cite Embargo 'Obstacles'The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells Tourists to ‘Arrive With a Currency Other Than the […]

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Viabtc Founder Reveals BCH Fork Idea Called Bitcoin Cat

During the last few days, discussions concerning the Bitcoin Cash Difficulty Adjustment Algorithm (DAA) has become a polarizing debate. In the midst of all the quarreling, Viabtc’s founder Haipo Yang has announced a new fork of BCH called Bitcoin Cat. News.Bitcoin.com recently reported on the arguments concerning the Bitcoin Cash DAA. Following the report, the […]

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Someone is Trying to Create BitConnect 2.0 Once Again

TheMerkle-LegendBit Ponzi SchemeIt is an interesting period for cryptocurrency enthusiasts. With most markets showing a massive rebound after a few rough days, there is a general sense of excitement among community members. The bigger news this week is how BitConnect is – once again – making an alleged return in a few weeks. It is not the first time such claims are issued, although this project is better off dead and buried. Another Attempt at Reviving BitConnect Most cryptocurrency enthusiasts are all too familiar with the concept of BitConnect. It is a well-known Ponzi Scheme which came to an abrupt end quite

The post Someone is Trying to Create BitConnect 2.0 Once Again appeared first on The Merkle Hash.

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Bitconnect Faces Consolidated Class Action Complaint

Bitconnect Faces Consolidated Class Action ComplaintMore than a dozen lawsuits targeting Bitconnect have been merged into a single case, following the submission of an Amended Consolidated Class Action Complaint on Thursday. The newly combined complaint has been filed with the U.S. District Court for the Southern District of Florida. Also Read: Venezuela Authorizes 6 Exchanges to Sell National Cryptocurrency Petro Amendment […]

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5 Interesting BitConnect Facts You May Have Missed

bitconnect facts

Most cryptocurrency enthusiasts are all too familiar with the concept of BitConnect. For most of the people who invested in this scheme, things have not ended all that well. Some interesting key facts have come to light regarding this prominent Ponzi Scheme, courtesy of the BehindMLM team. A lot of surprising facts can be found […]

The post 5 Interesting BitConnect Facts You May Have Missed appeared first on NullTX.

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Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims

Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect VictimsYoutube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. This case might be used by Google and others to justify their bans on crypto ads, arguing that their algorithms can not distinguish between legitimate projects and frauds.   Also Read: No […]

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TradeSatoshi Finally Removes BitConnect Trading Months After Ponzi Scheme Collapsed

It has been a while since people last heard about Bitconnect. The infamous Ponzi scheme collapsed a while ago, even though it was never completely ‘gone’. With TradeSatoshi now finally ending BCC trading, the final nail has been put in BitConnect’s coffin. Finally Ending the BitConnect Scam Over the past twelve months, the cryptocurrency ecosystem […]

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Canadian Regulator Warns Investors of Five Cryptocurrency Firms

Canadian Regulator Warns Investors of Five Cryptocurrency FirmsThe Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Warning to Investors The Ontario Securities Commission (OSC) […]

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Bitcoin Cash Adoption Continues: Crypto Cafebar, Gold Vendor, Concealed-Carry Clothing

Bitcoin Cash Adoption Roundup: Crypto Cafebar, Gold Vendor, Concealed-Carry ClothingAn increasing number of stores have started accepting bitcoin cash (BCH) and a few other cryptocurrencies. This bitcoin cash adoption roundup features five vendors that recently started accepting the digital currency including a brand new cafebar dedicated to 15 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coins Crypto Cafebar Japan is a […]

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Token Overload Is Causing Confusion

Token Overload Is Causing ConfusionWith thousands of cryptocurrency tokens tradable on exchanges, and thousands more registered as ERC20s, confusion is inevitable. Many share extremely similar names and some have identical abbreviations. On Wednesday, one token pumped by 300% after a group of traders mistakenly bought it, thinking they were purchasing a different asset entirely. Also read: Canadian Multinational Bank BMO […]

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