Philippines Probes Potential Pyramid Scheme

It has been a while since we last saw any major developments in the Philippines cryptocurrency industry. Although crypto is still very popular in the Philippines, it has become evident that criminals are also paying closer attention to this ecosystem. Justice Secretary Vitaliano Aguirre II wants to investigate one cryptocurrency company falsely claiming to have partnered with the country’s senate. Malicious … Read more

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan. It’s an indisputable fact that if the cryptocurrency space were cleansed of scammers, the web would be a … Read more

Ethereum Now Has Its Own Self-Sustaining Pyramid Scheme

In the world of cryptocurrencies, there are plenty of scams, pyramid schemes, and Ponzis to be aware of. Unsurprisingly, there are also honest pyramid schemes which make no bones about what they are doing exactly. The PoWHCoin project, for example, positions itself as the world’s first autonomous and self-sustaining pyramid scheme. It’s an interesting idea and … Read more