PR: Killing Banks – A Financial Crypto Startup MoneyToken Announced 0% Loans and Token Burn This Wednesday

MoneyToken crypto-backed loans platform has announced making zero-interest loans available for everyone. From 12th September September forward, anyone will be able to join the MoneyToken platform and get a loan under a 0% interest rate. To get a zero interest rate crypto-backed loan on the MoneyToken platform, users are required to purchase a special membership … Read more

Bithumb Washtrading, Is It Real?

There have been growing concerns regarding the overall cryptocurrency trading volume being manipulated. Proving such bold claims is always very difficult, as there is a serious lack of transparency on behalf of exchanges. Alex Kruger now claims that Bithumb Washtrading is real and that over $250m worth of fake volume is being traded on the … Read more

Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification

South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local … Read more

India Small Town Layman Falls For A Conman: First MLM, Then Wallet Theft

The growing incidence of bitcoin multi-level marketing (MLM) scams in countries like India is a two-pronged wake-up call. First, has a small town investor become more gullible than ever? Second, and more scary, is bitcoin – with all its complexity and novelty mixed with explosive growth – making it easy for vampires to confuse newborns? … Read more

Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different

People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global … Read more