We often smirk at mainstream media's coverage of Bitcoin and cryptocurrency. But an article on a supposed scaling solution called "Bitcoin United" in the Huffington Post last week was a real head-scratcher. Also read: If the Bitcoin Scaling War Is Over, Why Is Everyone Still Fighting? A number of different Bitcoin clients have appeared to challenge Bitcoin Core over the … [Read more...] about Why Is Huffington Post Promoting Dubious Altcoin Investments?
The infamous Josh Garza -- CEO of the now-defunct Gaw Miners -- has pleaded guilty to wire fraud related to PayCoin, his company’s digital currency. Also read: Bitcoin Price Roars Back in Bull Rally Following Scaling Resolution Josh Garza the PayCoin Scammer Brought to Justice The US Department of Justice (DOJ) reported the plea this afternoon, saying that Garza waived … [Read more...] about GAW CEO Josh Garza Pleads Guilty to Fraud, Faces 20 Years in Prison
As news breaks that Onecoin's much anticipated Macau event is getting shut down by Chinese authorities, the beleaguered company has gone on the offensive by initiating legal action against a number of bloggers, developers and even some of their own former affiliates. Also read: Should Anyone Worry About Bitcoin’s Market Cap Share? Bjorn Bjercke, the Norwegian blockchain … [Read more...] about Onecoin Threatens Critics as Chinese Authorities Shut Down Event
Multiple arrests, criminal investigations, community revolt and the closure of their last remaining bank accounts -- the Onecoin saga continues down a well worn path as further details emerge on their attempt to implement an actual blockchain. Also read: Anonymous Member Launches Decentralized Investigation of FBI It wasn’t until 2016 that the Bitcoin community really began … [Read more...] about Cocaine, Women and Crime Bosses: How Onecoin Became One of the Biggest Scams in Crypto History
Following in the footsteps of its Southeast Asian neighbors, Vietnam is laying the groundwork for new regulations covering the young fintech and cryptocurrency businesses in their country. Also read: Debt and Credit Soar in China, Mainly Outside the Banking System During a March meeting of the Vietnam Fintech Club, a non-profit organization composed of local entrepreneurs … [Read more...] about Vietnam to Dramatically Overhaul Financial Regulations With Help from Development Bank