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02/06/2018 / By Ethan Huff

India announces determined plan to “eliminate” Bitcoin… cryptos tumble

Yet another country, India, has announced plans to try to squelch the growth of Bitcoin. As reported by Zero Hedge, the government of the seventh largest country in the world now admits that it wants to eliminate the cryptocurrency entirely, as it doesn’t see the digital currency as acceptable. In a recent announcement, India’s finance […]

02/05/2018 / By Ethan Huff

Before it collapsed, BitConnect hucksters thought they were the masters of the universe… hilarious video shows the insanity

Carlos Matos, the shameless scammer behind the infamous BitConnect Ponzi scheme, has become one of the internet’s latest and most hilarious “memes.” That’s because just months prior to the cryptocurrency exchange’s demise, Matos was seen on stage at a New York event screaming and wailing about how great BitConnect supposedly was, which has since earned […]

02/01/2018 / By Ethan Huff

Bitcoin prices artificially pumped up by Bitfinix “Tether” fraud?

Cryptocurrency woes seem to be on the rise as more and more online exchanges come under fire for what some say are questionable business practices. The latest one to land in the regulatory crosshairs is Bitfinex, a cryptocurrency exchange that’s being accused of artificially propping up the price of Bitcoin through the issuance of its […]

01/31/2018 / By Ethan Huff

Bitcoin created by the CIA and NSA, warns co-founder of Kaspersky security software firm

One of the co-founders of a Russian cybersecurity firm recently gave a presentation in which she alleged that the popular cryptocurrency Bitcoin is a project of American intelligence agencies to fund their covert spying operations throughout the world. Natalya Kaspersky, president of the “InfoWatch” group of companies and co-founder and ex-CEO of antivirus security software […]

01/16/2018 / By Ethan Huff

The Health Ranger was right: Bitcoin’s usefulness as a payment system COLLAPSES

High fees, slow transaction times, and unpredictable volatility are among the main reasons why some companies are reportedly deciding to abandon ship when it comes to using Bitcoin. As Mike Adams, the Health Ranger, has been predicting, Bitcoin’s future as an everyday method of payment is on the ropes as trends could be moving towards […]

01/15/2018 / By Ethan Huff

Cryptocurrency is now breaking the power grid of a U.S. county as electrical consumption for Bitcoin mining reaches “insane” territory

The amount of electricity required to mine and transact Bitcoin is now so high that a small county in Washington state is having to kick production into overdrive. According to reports, Douglas County, located in almost the dead-center of the state, has some of the cheapest electricity rates in the country, and this has created heavy […]

11/13/2017 / By Ethan Huff

Online cryptocurrency wallet accidentally torches $300M worth of Ether coins … Crypto cultists PANIC

A buggy blockchain appears to have been responsible for the recent accidental loss of more than $300 million worth of “Ether” cryptocurrency, new reports indicate. It was actually a series of bugs that supposedly led an Ethereum developer to mistakenly take control of and permanently lock up – vanishing into thin air! – this mass […]

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