Crypto Currency Alt Coins are Booming
Best period in crypto history ever.
Archive of posts filed under the Bitcoin Rip-Off and Scams category.
Half of EOS Tokens Will Be Lost In a Few Days
All owners of EOS must take these steps before June 1st, or they will lose their tokens [they will fail to transfer to the new blockchain]. US citizens are apparently unable to hold EOS tokens legally. 5 billion dollars is at risk of loss at the moment.
A Nice Paper About ICOs
Here it is, it covers primarily questions about regulation and investor protection. It stresses the fact that ICOs are transforming the way in which funding of new business ventures is done. Recommended for anyone interested in investing in ICOs or planning an ICO.
Bitcoin Crazy Ride Hits Wall Street
It is a big success for bitcoin and coincides with an incredible price rally where bitcoin has accomplished in 2017. In first days of 2017, bitcoin was worth 1000$. 5 months later in May it was at 2000$, 3 months later in August it was at 4000$, and after another 3 months in November it was at …
Storm is Brewing Over Bitcoin Future
If you read recent media reports about future of bitcoin, you wonder what is going on. For sure it is NOT clear which software or which blockchain we will be calling the “true” or “real” bitcoin in the future. Here is a selection of citations, all very recent, and all about the fork expected to …
AntMiner Scandal: Miner Tracing and Shutdown Backdoor
A proportion estimated to be as high as 70% of bitcoin mining chips used worldwide has a backdoor which allows one to trace the miners. In addition there is a malicious remote shutdown attack which could be triggered by a MITM attacker.
Name to Shame: Yahoo Finance
For the last few months Yahoo Finance have been promoting a criminal investment scam.They present it as if it was a legit company, while it is not hard to see that this is a scam run by some serial fraudsters. Shame on you, Yahoo Finance!
Controversy Around Profitability of AltCoin Investment
There is a considerable controversy around whether investing in a balanced basket of cryptocoins is a good idea. Two serious sources show that this sort of investment enjoys steady growth without a lot of downturns, cf. DLT10 Index and a recent detailed study which concentrates on a shorter period with excellent returns since Jan 2016 (cf. also …
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Bitcoin Block Reward Halving
In a few minutes, cf. countdown, the amount of bitcoins attributed to each block mined will be divided by 2 in one single step. A rare event which happens once approximately every 4 years. This is an artificial shock which is tolerated by the bitcoin community in the name of misplaced ideology that whatever was decided …
DAO – Record Breaking Theft Worth 5OM$
Some 50 millions of dollars have been stolen from DAO token holders (including myself). The DAO is by the way, claimed to be closing [Tual]. Closing or not, it remains a smart contract which should allow DAO holders to get some of their initial ethers back. Now can the thief spend his Ethers without being caught (for now locked until 14 …