Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says

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The head of the World Bank likened cryptocurrencies to” Ponzi programmes ,” the most recent business utter to raise questions about the legitimacy of digital currencies such as Bitcoin. ” In periods of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I’m told the vast majority of cryptocurrencies are […]

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Bitcoin’s Brutal Week Is Even Worse in South Korea

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The extending selloff in cryptocurrencies has just claimed another martyr: Bitcoin’s kimchi premium. Prices for the virtual currency in South Korea have scrambled back in line with those on overseas exchanges for the first time in seven weeks, deleting a gap that had swelled to 51 percent in early January. The premium had been so […]

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So you’re thinking about investing in bitcoin? Don’t

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A collective insanity has sprouted around the brand-new province of cryptocurrencies, compelling an preposterous gold rush. I know youre allured, but dont has become a fool Bitcoin A collective manium has budded around the new battlefield of’ cryptocurrencies ‘, justification an absurd gold rush. I know you’re dared, but don’t be a fool Share on […]

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‘$300m in cryptocurrency’ accidentally lost forever due to bug

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User erroneously makes command of several hundred wallets containing cryptocurrency Ether, destroying them in a panic while trying to give them back More than $300 m of cryptocurrency has been lost after a series of imperfections in a popular digital pocketbook busines produced one curious make to inadvertently take control of and then lock up […]

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Ads don’t work so websites are using your electricity to pay the bills

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Pirate Bay and Showtime turned to pressuring unknowing visitors to pit cryptocurrency, use computers rather than eyeballs on ads to generate money With the continuing breakdown in online publicize revenues, websites are turning now to other methods to pay their hosting proposals- including utilizing pilgrims’ information technology and telephones to quarry cryptocurrency. It’s a contentious […]

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Bitcoin is a fraud that will blow up, says JP Morgan boss

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Jamie Dimon demands cryptocurrency is simply is suitable for apply by drug dealer, assassins and people living in North Korea Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital money was only is suitable for implementation by drug peddler, assassins and people living in […]

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