カテゴリー: BCC

Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims

Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect VictimsYoutube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. This case might be used by Google and others to justify their bans on crypto ads, arguing that their algorithms can not distinguish between legitimate projects and frauds.   Also Read: No […]

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Canadian Regulator Warns Investors of Five Cryptocurrency Firms

Canadian Regulator Warns Investors of Five Cryptocurrency FirmsThe Ontario Securities Commission has issued a warning against five unlicensed crypto companies involved in schemes to encourage investors to trade or invest in cryptocurrencies. The regulator started gathering information about these platforms after receiving complaints about them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Warning to Investors The Ontario Securities Commission (OSC) […]

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Bitcoin Cash Adoption Continues: Crypto Cafebar, Gold Vendor, Concealed-Carry Clothing

Bitcoin Cash Adoption Roundup: Crypto Cafebar, Gold Vendor, Concealed-Carry ClothingAn increasing number of stores have started accepting bitcoin cash (BCH) and a few other cryptocurrencies. This bitcoin cash adoption roundup features five vendors that recently started accepting the digital currency including a brand new cafebar dedicated to 15 cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coins Crypto Cafebar Japan is a […]

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Token Overload Is Causing Confusion

Token Overload Is Causing ConfusionWith thousands of cryptocurrency tokens tradable on exchanges, and thousands more registered as ERC20s, confusion is inevitable. Many share extremely similar names and some have identical abbreviations. On Wednesday, one token pumped by 300% after a group of traders mistakenly bought it, thinking they were purchasing a different asset entirely. Also read: Canadian Multinational Bank BMO […]

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12 Reasons Bitcoin Cash is the Real Bitcoin

12 Reasons Bitcoin Cash is the Real BitcoinThe following opinion piece was written by Jonald Fyookball. So you’ve heard of Bitcoin Cash — one of the top cryptocurrencies along with BTC and Ethereum. But why does it exist? Is it a cheap copy of Bitcoin? A pump-and-dump scheme? An attempt to hijack the brand and attack Bitcoin? In my estimation, the opposite […]

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Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”

Bitconnect Faces Lawsuit for Operating "Wide-Reaching Ponzi Scheme"Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss […]

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Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”

Bitconnect Faces Lawsuit for Operating "Wide-Reaching Ponzi Scheme"Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss […]

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Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICO

Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICOThe fall of Bitconnect was as certain as night follows day. A pyramid scheme wrapped inside a Ponzi with a side order of WTF, Bitconnect was as crazy as it was calamitous. The only miracle was that the racket lasted so long. When the ringleaders shut up shop on Wednesday, causing the token to plummet […]

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Bitconnect Shuts Down Its Exchange Citing a String of Excuses

Bitconnect Shuts Down Its Exchange, Citing a String of ExcusesIn a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states. Immediately after the firm declared its intention to wind things up, […]

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Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip

Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets DipBitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC). […]

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