Tag: cryptocurrency

Slovenian consumer agency issues scam alert on Onecoin
Scams

Slovenian consumer agency issues scam alert on Onecoin

After Nigeria, Germany, Italy and a host of other countries, Slovenia has also issued a scam alert on OneCoin pyramid scheme marketed as a genuine cryptocurrency. In an official statement, the Slovenian Consumer Association said OneCoin is been marketed as an investment opportunity that it is not. It also warned […]

Bitstamp launches XRP trading on its exchange
Bitcoin

Bitstamp launches XRP trading on its exchange

Bitstamp, Bitcoin exchange has launched XRP trading on its exchange. Bitcoin is the most widely accepted cryptocurrency in the world. According to Bitstamp, XRP is an independent digital asset that is native to the Ripple Consensus Ledger. XRP trading will be available from 17 January 2017, with 0% fees for […]

Malta raises red flag on CoinSpace cryptocurrency scam
Global

Malta raises red flag on CoinSpace cryptocurrency scam

In an apparent reaction to a red flag issued by the¬†Malta Financial Services Authority, CoinSpace has reportedly taken down its website and the domain cannot be reached. CoinSpace runs a typical Ponzi Scheme where its members earn S-Coin ponzi points. The warning that sparks CoinSpace ‘hide and seek’ mode was […]

Entercrypto Bitcoin Ponzi Scheme collapses
Scams

Entercrypto Bitcoin Ponzi Scheme collapses

After perpetrating its Bitcoin scam in less than two months, Entercrypto has finally collapsed. Entercrypto was a purported Bitcoin investment for savvy investors promising about 10% on every Bitcoin invested into the scheme daily. The Ponzi Scheme has a London registered address but its domain name was registered in France […]

How genuine is Entercrypto.com Bitcoin investment?
Scams

How genuine is Entercrypto.com Bitcoin investment?

For many people fascinated and interesting in buying and or ‘investing’ in Bitcoin, Entercyrpto (Entercrypto.com), a self-acclaimed professional Bitcoin investment platform has surfaced on the Internet. Entercrypto has many mouth-watering promises to an average visitor. First is that the website promised its members and prospects that they can “earn 10% […]

Italy bans the promotion of OneCoin
Global

Italy bans the promotion of OneCoin

After many challenges faced by OneCoin and its One Network Services, Italy has joined the deluge of countries, banks and organisations moving against the Ponzi cryptocurrency. The state of Italy has banned any form of promotion of OneCoin across the country. The Italian Antitrust and Consumer¬†Protection Authority, AGMC has therefore […]