10 Warning Signs Of A Ponzi Scam

BETAThis is a BETA experience. You may opt-out by clicking hereI cover personal finance, taxes, retirement, nonprofits, scandals and other stuffBettmann / Corbis Mr. Ponzi, Meet Mr. Madoff In a Ponzi fraud (so named for the infamous 1920s Boston scamster pictured here) a con man pays off earlier investors with funds from newer investors rather than […]

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200% OmiseGo Pump and Dump Raises Eyebrows

Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward.Currently a topic of interest on social media, Coinbase’s listing of OmiseGo (OMG), the 34th ranked cryptocurrency by market capitalization, also sparked familiar accusations of insider trading.Coinbase ‘premium’ reaches 80%“OmiseGO (OMG) is launching […]

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Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day

Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the Memorial Day holiday, meaning traditional […]

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Coinbase hits top spot on Apple’s US App Store despite struggling to handle bitcoin demand – TechCrunch

Ignoring recent price rises for a second, if you can — there’s no greater sign of bitcoin fever than an app that lets you buy the cryptocurrency becoming the most downloaded app in the App Store. That’s exactly what happened on Thursday when Coinbase, the $1.6-billion-valued company behind what is arguably the world’s best-known exchange for […]

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