According to Jared Tate, the DigiByte founder, the TRON project is “the biggest scam in crypto history”. Jared wants to warn the public that it was developed and promoted by the Chinese government. If the U.S. will allow operations of 18 “bad” cryptocurrencies like TRON on Binance.US, then an “unprecedented loss of faith in lawmakers” will occur. Jared is sure that the coin’s purpose is to “dupe unknowing American citizens”. The ICO financial trap already did that, but apparently, Jared feels...
Read More »Hydra Dark Web Set to Begin Its ICO This Coming Monday
Russian dark web marketplace Hydra says it is seeking nearly $150 million in bitcoin to continue its operations.Hydra Is Looking to Become GlobalThe platform has announced an initial coin offering (ICO) set to begin next Monday on December 16. This is odd in the sense that most dark web marketplaces are looking to potentially hide or limit their presences, whereas an ICO with such a large goal is likely to let everyone in on the secret.This, according to the Russian media, is a giveaway that...
Read More »Mark Yusko: BTC Will Reach $100K Within Two Years
Mark Yusko, a former bitcoin and crypto skeptic, thinks the BTC price is likely to hit $100,000 by the time 2021 rolls along.Mark Yusko Has Gone From Hater to BelieverAs the chief executive and chief investment officer at Morgan Creek Capital, Yusko was – at one time – not a believer in crypto and held more faith in traditional fiat. At the time of writing, however, some of that sentiment seems to have switched, with Yusko showing a little more interest in the digital asset and acknowledging...
Read More »Tania Amador Foils Crypto Scammer Through Some Very Simple Steps
Crypto scammers are wrought throughout the space, and people are consistently on edge hoping they don’t fall victim to these malicious individuals, but when a thief’s plans go awry, the victim is likely to get a nice feeling inside. Such feelings are likely being experienced by Tania Amador, a 28-year-old resident of Grand Prairie, Texas.Tania Amador Stops a Hacker in His TracksAmador claims that her Ring security system was hacked by a cryptocurrency scammer who demanded a bitcoin ransom of...
Read More »NYOAG Plainly Says It Will Blow Up Bitfinex for Defrauding Investors
According to the documents released by the New York Office of the Attorney General, the judgment day finally comes to the castle of Bitfinex and the tower of Tether. Both companies were cheating with financial laws. And the development of their case only shows that Bitfinex is having some major troubles.The U.S. Supreme Court has destroyed Bitfinex, now it is the time to start packaging the inner functionaries.While examining the document, we can see that the Attorney General wants to dig...
Read More »Matic Cryptocurrency Has Lost Two-Thirds of Its Value
Matic – an alleged competitor of bitcoin – has reportedly sunk into oblivion and lost most of its value in just a matter of minutes.Matic: One of the Space’s Biggest DroopsThis is something that many crypto enthusiasts get stuck dealing with in one way or another. After all, even mega currencies like bitcoin can fall unexpectedly. BTC dropped from more than $9,500 to about $8,100 in just a few minutes during late September following the dismal opening of Bakkt.However, what makes Matic unique...
Read More »Bitfinex and Chainalysis Work Together to Battle Money Laundering
Cybersecurity firm Chainalysis is unveiling its new compliance platform for Bitfinex, one of the world’s leading and most popular cryptocurrency exchanges.Chainalysis and Bitfinex Working TogetherThe platform is designed to detect money laundering before it can occur and monitor any illicit activity that some customers may be looking to perform with cryptocurrency’s help. White-collar crimes like these have long been serious concerns of politicians like those in the United States...
Read More »VeChain Official Buyback Address Hacked, Funds Stolen, According to the Announce
The VeChain Hack announced by the Foundation Medium official page. It claims that the hacker took around 1.1 billion tokens (~$6,500,000) and transferred them onto this address. The coins associated with the hacker were marked on the VeChainStats website. Anytime the hacker will transfer the coins, the website will update the labels.VeChain Foundation is Tracing the CoinsAccording to the short report, VeChain is using special software to track the coins. They have sent notifications to many...
Read More »Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?
In an ongoing report, Bank of America (BoA) said that Ripple’s cross-border presentation was innovative and praised it. As a fan of XRP, known under the online nickname BankXRP, pointed out on Twitter, BoA commended Ripple on the deposits of transitional payments.Bank of America : Ripple cross‐border solution Ripple’s distributed ledger solution remedies legacy correspondent banking infrastructure challenges and provides bi‐directional messaging to enhance payment tracking, data...
Read More »Ross Ulbricht: BTC Will Hit the Six-Figure Mark Next Year
Ross Ulbricht – the man who’s serving a life sentence for developing the notorious black marketplace Silk Road – is writing letters from prison and trying to guess where bitcoin’s price will head within the next year.Ulbricht Tries to Tell Us Where BTC Will GoAccording to Ulbricht’s latest letter, the world’s primary digital currency by market cap is set to reach $100,000 by the year 2020. Thus, he now joins figures such as Charles Hoskinson, Tim Draper and John McAfee to believe that the...
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