Bitconnect Lawsuit Saga Continues: Legal Fees Pass $750,000

By Leslie Ankney   Bitconnect faces a mounting series of lawsuits and regulatory action following it’s quick rise and fall as one of the most notorious exit scams in crypto. It’s the blockchain the crypto community loves to hate, first known for its Ponzi scheme as a lending platform offering 1% daily interest. Today, it’s … Read more

Meet Bitcoin XT, the Precursor to Bitcoin Cash

Since its inception and launch last summer, Bitcoin Cash has maintained the attention of everyone in the cryptocurrency community. For better or worse, the Bitcoin hard fork has assumed a major role as the leading dissenter to the Bitcoin protocol. While most individuals currently involved in cryptocurrency have some knowledge of the sentiments and events associated with Bitcoin … Read more

Korean Government Officials De Facto Banned from Holding and Trading Crypto

The South Korean government has reportedly de facto banned all government officials from holding and trading cryptocurrencies. Even if their crypto activities are not related to their jobs, public officials can still be subject to disciplinary actions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Public Officials De Facto Banned from Crypto South … Read more

Russian Supreme Court to Decide the Fate of Bitcoin Sites

The Supreme Court of Russia has taken upon itself the responsibility to decide a case that may become a precedent for the crypto sector. The highest judicial authority in the country has accepted an appeal against the blocking of a popular Russian analytical portal – Bitcoininfo.ru. Its decision will affect dozens of crypto websites with … Read more

Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate

South Korea’s real-name system for cryptocurrency trading has been enforced for over a month, but most accounts have not been converted to the new system. Banks are still not converting accounts for most crypto exchanges and the government will not force them or investors to use the new system. Also read: Indians Look to Buy Bitcoin … Read more

MasterCoin+ May Be the Next BitConnect

BitConnect was one of the biggest scams in the cryptocurrency world over the past few months. Unfortunately, it is not the only project that people need to be very wary of right now. MasterCoin+ shares a lot of similarities with how BitConnect operated, even though it seems the projects are not directly related. The Worrisome Signs of MasterCoin+ … Read more

Bullish Momentum Will Return to Bitcoin Sooner Than People May Think

All cryptocurrency markets are going through an interesting phase right now. There is a clear desire for bullish action, yet it’s failed to materialize in any significant manner. Even though things may not look as bullish as some people may want them to, it is only a matter of time until the Bitcoin price returns to higher … Read more