Blockchain research and development pioneer nChain has announced that it will provide technical support to build on Bitcoin Unlimited’s client software, and explore further collaboration to help the bitcoin network scale. To solve bitcoin’s current capacity problem, both nChain and BU share the vision to lift the artificial 1MB block […]
JPMorgan Chase & Co said it has nothing to do with DIT Financial, a publicised blockchain that claimed it was partnering with the investment bank on a project. It would be recalled that DIT Financial has claimed in a press statement that it was working JPMorgan on a blockchain project […]
Another Bitcoin scam has landed on the Nigerian Internet space. If things go as planned, owners of Boonbuy Network Bitcoin Ponzi will have another ‘home run’ like its predecessors that wrecked millions. However, for all it is worth, owners of Boonbuy Network aka BBN will make you believe they are […]
The prospects of blockchain startups are getting brighter as Stratumn said it has raised EUR7 million in a Series C funding round. Stratumn provides network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography. The latest funding was raised from the Corporate Venture arm of […]
Former GAW Miners creator, Joshua Garza is currently facing a USD12 million fine for operating what has been termed a ponzi scheme that used the lure of quick riches from virtual currency to defraud investors. Garza, had earlier been charged with securities fraud in 2015 and is also facing separate criminal proceedings […]
Bitcoin has been in the news for both positive and negative reasons lately, here comes Sennator, a Ponzi venture that promotes investment through cryptocurrency. Sennator, says it offers weekly returns on investment which sounds more like other typical Ponzi schemes that have gone into extinction. Since it appears that Ponzi […]
Following the recent Wannacry Ransomware attack, Bitcoin recorded the highest hit last week to below USD1,700 after cyber attackers locked up data in 200,000 computers Friday and demanded ransom in the digital currency. Bitcoin fell more than USD200 from an all-time high of about USD1,848.75 reached just a day before […]
A UK water company is reeling in huge loss as a fraud ring have been discovered to have disappeared with at least USD645,000 from the coffers of the company. Using various tactics and tools, the funds were taken from the company’s account and converted into Bitcoin. According to The Merkle, […]
Latest monitoring of the market capitalisation of Bitcoin shows that it is now sitting pretty on USD30 billion. Bitcoin is the most accepted cryptocurrency used for payments and other transaction across digital platforms. From Monday till now, the most popular digital currency has gained about USD30 billion According to TheMerkle.com, […]
BTC Investments is a Ponzi site touting as a group providing help to the needy in terms of philanthropic works. The promoters say it is focused on making a difference in the world, one cause at a time with a goal of creating a community of like-minded individuals who also have a desire […]