The Cointelegraph team talks about their experiences in handling the coronavirus pandemic. The coronavirus pandemic has been changing the global economy, our lifestyle, our ways of interacting with each other and our vision of the future. The Cointelegraph team keeps working from home offices, and all the events we planned to participate in have been […]
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New Zealand’s financial regulator, the Financial Markets Authority, issued a warning against a suspected Bitcoin investment platform. Amid the apparent global surge of cryptocurrency-related scams, New Zealand’s financial regulator has warned the public against another suspected Bitcoin (BTC) investment scam scheme. In an April 6 statement, the country’s major financial watchdog, the Financial Markets Authority […]
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The victims of an alleged $35 million crypto Ponzi are suing Wells Fargo for failing to enforce reporting requirements on an employee accused of co-masterminding the scam. Q3 Investment Recovery Vehicle (Q3IRV), an entity representing the more than 100 victims of the alleged $35 million Q3 Ponzi scheme, has filed a class-action lawsuit against Wells […]
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A fresh breakout by Bitcoin Monday may yet prove temporary as a Cointelegraph Market analyst warns of major downside potential. Bitcoin (BTC) finally retook $7,000 on April 6 after days of posturing culminated in a sudden surge as the new week began. Cryptocurrency market daily overview. Source: Coin360 BTC price exits $6K… again Data from […]
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A former Christian pastor targeted his African-American parishioners with fake investments in ‘the first black-owned alkaline water company.’ The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business. According to […]
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The CFTC has pushed for a default ruling after failing to locate the alleged director of a $147 million crypto Ponzi scheme. The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default. On April 3, the CFTC filed for […]
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Top crypto exchange Binance has hinted that it will soon be launching Bitcoin options trading. Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of […]
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Cybercrimes are on the rise amid the global coronavirus pandemic, and scammers are using crypto to facilitate some of their attacks. As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware […]
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The Philippine SEC has warned of a fraudulent investment scam offering 9,000% returns through its ‘Bitcoin Revolution’ trading software. The Philippines Securities and Exchange Commission (SEC) warned of a crypto Ponzi scheme targeting Filipino, Australian, and European investors on March 30. The scheme, Bitcoin Revolution, comprises a classic Ponzi in which investors are offered exorbitant […]
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9% daily gains are encouraging, but the mood among traders remains one of caution, with one analyst arguing that Bitcoin is not “ticking enough boxes.” Bitcoin (BTC) hit its highest level in a week on April 2 as fresh upside followed more misery for the world economy thanks to coronavirus. Cryptocurrency market daily overview. Source: […]
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