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03/13/2018 / By David Williams

Ethereum co-founder Vitalik Buterin: Cryptocurrency not ideal for long-term investment

Many people have fallen for the foolish notion that cryptocurrencies can serve as a great option for investing money. There are those who think the opposite, but cryptocurrency supporters are much more vocal. For this reason, one of the biggest names in the cryptocurrency community has spoken out against this view, saying in no uncertain […]

01/17/2018 / By David Williams

BitConnect shuts down after accusations it was running a cryptocurrency Ponzi scheme

While it may have been fun – and profitable – for some people while it lasted, the leading Bitcoin investment platform BitConnect has finally announced that it is shutting down. It announced its decision via a blog post on the official BitConnect website titled, “Changes coming for the Bitconnect system – Halt of lending and exchange platform.” The […]

10/27/2017 / By Robert Jonathan

Saudi billionaire warns Bitcoin will implode like Enron

Influential Saudi billionaire Prince Alwaleed bin Talal is predicting that the digital currency Bitcon will implode along the lines of what happened to Enron, the infamous Texas energy company that was implicated in a systemic accounting fraud in 2001 and subsequently went bankrupt. Alwaleed is the CEO and 95 percent owner of Kingdom Holding Company, a huge Riyadh, Saudi Arabia-based firm […]

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