$46 Million of Ether is Locked in a Pair of Ponzi Dapps

$46 Million of Ether is Locked in a Pair of Ponzi DappsThe ethereum network has another pair of smash hit dapps. The decentralized applications have proven to be a viral success over the past week, amassing more transactions than IDEX and accruing seven-day trading volume of 180,000 ETH. There’s just one problem: both dapps are ponzi schemes in which virtually everyone who plays will lose. Also […]

The post $46 Million of Ether is Locked in a Pair of Ponzi Dapps appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Decentralized Cryptocurrency Exchanges Are Finally Seeing Large Volumes, Led by IDEX

Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform that enables users to purchase, […]

Go to Source

Powered by WPeMatico

Bogs and Wojaks: How Crypto Memes Help Traders Deal with the Downturn

Bogs and Wojaks: How Crypto Memes Help Traders Deal with the DownturnThe altcoin markets might be in freefall, ICOs dead in the water, and bitcoin nursing a fixed scowl, but you wouldn’t know it on crypto Twitter. Over the past 48 hours, its leading lights have been more preoccupied with having their profile pics “bogged” than posting charts. The Bogdanoff twins are one of the many […]

The post Bogs and Wojaks: How Crypto Memes Help Traders Deal with the Downturn appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico