Fomo3D and PoWH3D Dominate Ethereum DApp Volume

First sparked by CryptoKitties, the Ethereum community has taken a liking to a motley crew of decentralized applications (DApps) built on the network. Recently, the network has seen huge volume spikes due to an unlikely niche: Ponzi DApps. At the time of writing, Fomo3D and PoWH3D were leading 24-hour DApp activity by a massive margin, with approximately … Read more

Did BitConnect Shutdown Merely Redirect Funds?

Shortly after receiving cease-and-desist letters from the State of Texas and North Carolina, BitConnect (BCC) discontinued its lending platform, effectively shutting down the Ponzi scheme and leaving investors with stacks of worthless BCC tokens as compensation for their dollars lost. When BitConnect announced the shutdown, the coin instantly dropped 90% and has since continued to depreciate. … Read more