Jan 06, 2021 at 14:52
News
5 Biggest Flaws of Cryptocurrency Industry in 2020
2020 was quite a controversial year for the cryptocurrency industry. It started with the bearish sentiment, triggering the collapse of the market. However, the second half of the year turned out to be positive for cryptocurrency, as COVID-related lockdown triggered a significant interest in it.
Sep 14, 2020 at 12:21
News
Famous Rapper Fined for Endorsing Fraudulent ICO
While scammers take advantage of celebrities’ names without them knowing about this, some of the stars willingly take part in fraudulent projects. Thus, a famous US rapper known as T.I. agreed to pay a fine amounting to $75,000 for promoting a fraudulent ICO.
Aug 27, 2020 at 13:59
News
Ripple in Trouble: Is the Altcoin Legitimate?
Talks about Ripple being a scam pop up every now and then. The altcoin’s runner, Brad Garlinghouse even had to handle several lawsuits concerning registration problems. Nevertheless, XRP remains the third-largest by market cap.
Aug 25, 2020 at 14:29
News
Ryanair CEO Compares Bitcoin to a Plague. Why?
The CEO of Ryanair, an Irish budget airline, Michael Kevin O’Leary (59-years of age), was involved in promoting another cryptocurrency scam without even knowing it. That made him turn extremely bearish and compare Bitcoin (BTC) itself to a scam.
Aug 17, 2020 at 12:38
News
New Crowdfunding Scam Holds Funds and Cuts Communication with Investors
Back in July 2020, CoinIdol, a world blockchain news outlet, received an email from one of its readers that wished to stay anonymous saying one was scammed by a project called PrepayWay. Later on, another reader, Sempiira Joseph Nyagwa claimed he was also scammed by the project runners.