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The cryptocurrency project, OneCoin has defended accusations earlier this week of being a Ponzi scheme. The claims were made by the Central Bank of Samoa, whose exact wording was “hybrid ponzi-pyramid scheme. ” They also claimed that they had helped to “launder money through New Zealand to Samoa.” Anti-Money Laundering Naturally, this hasn’t sat well […]
Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]
EXMO have announced that they will no longer be going through with the listing Tkeycoin on their service, citing reliability as the option. Back in April, we announced the news that Exmo would be listing the Tkeycoin on their platform but via a blog post shared on their site, they revealed this would no longer […]
After reading our guide on crypto jargon and a beginner’s guide to trading Bitcoin you are probably ready to invest in cryptocurrency for the first time. At this exciting time, it is a good idea to consider these seven facts which can help you achieve your trading goals. It’s a Volatile Market Cryptocurrencies have made […]
New research has shown that the native currency of blockchain powerhouse, Ethereum is owned by less than 400 people. The users, which are known as whales, were revealed by crypto researchers, Chainalysis who were exploring the impact such users have on the industry. According to the research, that number was actually higher before in previous […]
In the wake of last week’s hack, Binance are showing no signs of slowing down operations and have quickly set about the launch of their fifth Launchpad project of the year, Harmony. While some may have decided to keep a low profile following such a large-scale hack, Binance clearly are not letting it break their […]
This guide is the second in a two-part series about the most common terminology used in the cryptocurrency industry. If you haven’t yet, be sure to also check out Part 1. ICO – meaning Initial Coin Offering, this is the crowdfunding mechanism of the industry which allows businesses to issue their own cryptocurrency in exchange […]
The cryptocurrency industry is a relatively new one, yet it includes a variety of specific keywords and phrases which any serious trader or investor should know. The following list is the first in a 2-part segment on crypto jargon which you should definitely know. Altcoin – any cryptocurrency which is not Bitcoin, including popular ones […]
EXMO exchange, the largest platform in Eastern European, is the latest in a line of exchanges to join an initiative set up by CoinMarketCap, to improve their reliability. The Data Accountability and Transparency Alliance initiative (DATA), was founded earlier this month, following criticism from a report that CoinMarketCap were basing their valuations on inaccurate information […]
New Zealand exchange platform has been forced into liquidation following a hack in January of over $16 million. The decision was taken after it became apparent that recovery from the hack would not be possible and that they were unable to run the business profitably. After refunding their users and relaunching the website, it was […]