Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges

Observers Mock a Fork Called Bitcoin2 That Pumped and Dumped on Two ExchangesOver the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump scam, much like a great majority […]

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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

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