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Financial Risk

02/18/2018 / By Ethan Huff

Roubini: Bitcoin is “much worse” than tulip bubble mania… “zero intrinsic value”

As excitement returns to the crypto world with Bitcoin rising in value to back over $10,000 per “coin,” as of this writing, a professor of economics at New York University (NYU) has a much gloomier perspective. According to Nouriel Roubini, Bitcoin is “the mother of all bubbles,” and one that he suspects is even worse […]

02/18/2018 / By Ethan Huff

Another Crypto Ponzi scheme collapses: DavorCoin caught defrauding investors who lost nearly everything

Yet another cryptocurrency startup promising massive financial returns to investors has kicked the bucket. Scottsdale, Arizona-based DavorCoins (DAV), which operated a lending scheme similar to the one that resulted in the recent collapse of BitConnect, reportedly left its investors with basically nothing after the value of its coin offering plummeted to almost zero. According to […]

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