Cryptocurrency Archives -

What are Initial Coin Offerings (ICO)? What To Know Before Investing

By Jeff| 2018-03-27T17:02:29+00:00 March 6th, 2018|Categories: Cryptocurrency, ICO|

On February 28th, the New York Times reported that the Securities and Exchange Commission (SEC) has sent subpoenas to dozens of people and companies behind the rise of initial coin offerings. While “cryptocurrency” has finally entered the public lexicon, ICOs are largely still a mystery. So what is an ICO? An initial coin offering (ICO) is [...]

BitConnect, Cryptocurrency Ponzi Scheme, Shuts Down BCC Exchange

By Jeff| 2018-03-27T17:02:29+00:00 January 17th, 2018|Categories: BitConnect, Cryptocurrency, ICO, Multi-Level Marketing|

Earlier today, the anonymous leaders of Bitconnect announced that they would be shutting down their lending and exchange platform that was based on the cryptocurrency BCC (or BitConnect Coin). BitConnect has promised to pay out remaining wallet balances in, you guessed it, BCC which as of writing has lost 90% of its value. Given that the [...]