On Tuesday, November 12, most of the cryptocurrency markets were showing sideways trading. Most of the price changes for the day did not exceed 1 percent for the top 20 coins. Bitcoin traded sideways for nearly all of the day. It kept circling the $8,800 price point. As the…
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The Netherlands Is Cracking Down on Fraud Related to Cryptocurrency
Komodore64 is the name of a video game and blockchain development company based in The Netherlands, but it appears to have been an intricate facade for a scam that collected more than $80 million from duped investors. Police officers in The Hague have arrested an individual identified as Sam N.…
This Is What Bitcoin Had for Value Changes This Week
A person who is a new investor in digital coins might look at the recent price increase of Bitcoin to the $9,141 mark and get quite excited. The price jump was a 3.5 percent increase for the day. However, a person who has been around even for a…
Turkey's Cryptocurrency News Heats Up With Fraud, Fandoms And More
Last week was a busy week in Turkey's cryptocurrency industry: A Scammer Steal 500 Bitcoins Safiye Gökçen Yüce of Aydin, Turkey is accused of defrauding investors who wanted to earn high dividends from Bitcoin investments. Yuce allegedly defrauded 40 people, some of whom started a Saf Safiye Gökçen…
Electric Coin Company and ZCash Form New and Interesting Partnership
The Electric Coin Company, which trades under the moniker of ECC, has made a donation of the Zcash trademark to the Zcash foundation. The Electric Coin Company created and released the privacy-focused digital coin Zcash (ZEC) in 2016. It will now own the trademark alongside of the foundation. Electric Coin…
Singapore's Matthew Ho Defrauds Riot Games Co-Founder Marc Merrill
Marc Merrill, who is a millionaire game developer, is a recent victim of a man from Singapore who stole multiple identities in order to make use of cloud computing power for cryptocurrency mining. The perpetrator used Amazon Web Services and Google's cloud computing systems along with the stolen…