Philippine SEC Exposes Fraudulent ‘Abundance-Based’ Crypto Investment Scheme

The Philippines Securities and Exchange Commission has flagged its third cryptocurrency scam this month, warning investors against a scheme dubbed “The Billion Coin.” The Philippines Securities and Exchange Commission (SEC) has flagged its third cryptocurrency scam this month, warning investors against a scheme dubbed “The Billion Coin” (TBC). Marketed as a so-called “abundance-based cryptocurrency,” the […]

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Libra Stablecoin is Still a Major Threat to Bitcoin: Economist

Economist and academic John Vaz believes that Facebook’s Libra stablecoin is still shaping up to be Bitcoin’s strongest competition. Economist and academic John Vaz believes Bitcoin (BTC) still faces stiff competition from Facebook’s troubled Libra project. Vaz told Cointelegraph that Bitcoin has scaling challenges in terms of payments and was used disproportionately as a vehicle for […]

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China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members

Over 100 well-known global enterprises joined China’s new blockchain innovation alliance in megacity Chongqing. China has welcomed its first provincial-level Blockchain Innovation Alliance on April 14, according to ChinaNews.  Major enterprises settles  More than 100 well-known enterprises, both domestic and foreign, have joined the alliance. Members include Inspur, Tsinghua Unigroup, Huawei, IBM, Tencent, Alibaba and […]

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