Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie … Read more

XRP Price Refuses to Drop $1 for the Time Being

In the world of cryptocurrencies and digital assets, adversity is nothing new whatsoever. Every year, we see the cryptocurrency market go through a very bearish period before it rebounds slowly. In the face of this current adversity, many people expected the XRP price to drop back below $1. So far, that has not happened just … Read more

If Your Crypto Doesn’t Have a Mobile Wallet It’s Not Really a Currency

Anyone can create a cryptocurrency. It’s a surprisingly simple process, especially if you copy the codebase of an existing coin and give it a new name. That’s how many of the most popular cryptocurrencies such as litecoin were born. But creating a cryptocurrency and mining the genesis block isn’t enough: until that coin has its … Read more

This Week in Bitcoin: Kraken, Korea and a Whole Lotta Crazy

This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from … Read more