Bitconnect Slapped with Securities Emergency Cease and Desist Order

Bitconnect Slapped with Securities Emergency Cease and Desist OrderOn Thursday the Texas Securities Commissioner (TSC) signed an Emergency Cease and Desist Order to stop Bitconnect from operating. The mysterious company is a popular bitcoin lending platform with a 4.1 billion USD market capitalization, and is long accused of being a scam. Also read: African Central Banks Told to Ditch Dollar and Buy Bitcoin […]

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The Ultimate HODL – BitConnect (BCC)

bitconnect logoMake your Bitcoin (BTC) work for you For all you hard-core believers in Bitcoin (BTC) out there, I have a simple proposition. As you wait your turn for Bitcoin (BTC) to explode alongside 2018’s new, much higher, coin market-cap (sitting comfortably over $750 Billion as I write these words), there’s another way to make serious gains with crypto’s original (and best known) HODL. BitConnect is a tried-and-true way to make interest on your Bitcoin (BTC) capital. Quite simply, BitConnect is a lending service on the blockchain, exclusively utilizing your stashed Satoshi’s as principal. As most of us sat and watched the

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Canadians Harness Wind to Mine Bitcoin – in Romania

Canadians Harness Wind to Mine Bitcoin – in RomaniaCanadian investors have decided to put money and effort into a wind-powered crypto mining undertaking in Romania. To make it happen, they have finalized a deal to acquire a wind farm capable of producing enough energy to light the bulbs in over 30,000 homes. Driven by enthusiasm about the project, they have even added “Blockchain […]

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Fantasy Football Giant Fanduel Launches ‘Bitcoin Bowl’ Contest

Fantasy Football Giant Fanduel Launches 'Bitcoin Bowl' ContestThis week one the largest fantasy football leagues, Fanduel, announced it’s having an NFL playoffs contest called “The Bitcoin Bowl.” The contest is giving away two BTC prizes consisting of a one bitcoin reward for its ‘free play’ match and two bitcoins for its tournament round. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with […]

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Facebook’s Mark Zuckerberg Resolution: “Give People the Power” via Cryptocurrency

Facebook's Mark Zuckerberg Resolution: “Give People the Power” via CryptocurrencyMark Zuckerberg, founder, chairman, and CEO of social media platform Facebook, has posted his annual challenge. It’s often a look back at major events, taking stock of the year, and appraising what’s ahead. This year, he ended his note with a pointed call to “take power from centralized systems” by employing uses for “encryption and […]

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BTCC Founder Positive the PBOC Will Remove China’s Exchange Ban

BTCC Founder Positive the PBOC Will Remove China's Exchange BanThis week the founder and CEO of the trading platform BTCC, Bobby Lee, was featured on the broadcast ‘Squawk Box’ and spoke about last year’s banning of Chinese bitcoin exchanges. Lee believes that it’s “only a matter of time” until the central bank will allow cryptocurrency exchanges to open up shop again. Also Read: These Dutch […]

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Bittrex Wallets Are Taken Offline as Companies Scramble to Patch the Intel Bug

Bittrex Wallets Are Taken Offline as Companies Scramble to Patch the Intel BugOn Wednesday, the tech world was rocked by revelations of a computer chip vulnerability that exposes critical data. Meltdown and Spectre are the names assigned to the newly discovered flaws which primarily affect Intel chips. From a security perspective, the bug concerns everyone who uses an Intel-powered device to connect to the internet, which is […]

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What Is EtherRacing?

TheMerkle EtherRacing Ponzi SchemeIt seems there will be a major influx of new Ethereum-based investment opportunities/semi-Ponzi schemes very soon. Following CryptoKitties and EtherTanks, we now have a new browser-based game called EtherRacing. All three concepts are virtually the same, although the gamification element is certainly a nice touch. Whether or not people will keep investing in projects like these remains to be determined, though. After all, people will quickly lose interest as more of these “opportunities” arise. EtherRacing Sells Virtual Racing Cars for Ether People who are familiar with the concept of CryptoKitties will immediately understand how EtherRacing works. The concept is very similar, as interested parties can purchase

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Tron Up More Than 130% Overnight, Breaches Top 10

tron logoCryptocurrency’s market cap top 10 has a newest addition – Tron.  The Chinese-based multimedia/entertainment platform jumped to record highs between the night of January 3rd and the morning of January 4th, cementing itself among crypto’s most valuable assets. Out With the Old, In With the New Come the morning of Thursday January 4th, Tron had supplanted Dash in cryptocurrency’s top ten rankings.  At time of writing, the asset is up 137% from its price 24 hours ago. This puts its coast at $0.19 per coin and a $12.8bln market cap. This impressive rise contributes to what had already been incredible

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