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Category Archives: News

GGT, A Crypto Ponzi Scheme Went Bust in China

Aug 8, 2019

Vincent He

GGT, a crypto Ponzi scheme went bust in China after converting USDT assets deposited in its crypto wallet ‘G-Wallet’ to GGT without being approved by investors. GGT's price in the secondary market has long been unsatisfactory before it went bust. After the "mandatory exchange"...

Is Libra a Paper Tiger?

Aug 8, 2019

Benjamin Gu

Of course, Libra is not a paper tiger. Otherwise it won’t cause the immediate concern of global financial regulatory bodies and central banks, as well as the hearings by United States congress. But, this project indeed has inherent risks which make it very vulnerable. There is a good chance ...

How to Build a Stablecoin to Compete with Libra

Aug 7, 2019

Benjamin Gu

In my Libra project analysis report (A Business Analysis of the Libra Project), I pointed out that there is still a very good opportunity to develop a new stablecoin that competes with Libra. The Libra project is definitely not the end of the stablecoin project, but a milestone in thi...

Grin ASIC Miner is Coming Soon at Price Around $20000

Aug 7, 2019

Vincent He

It is reportedly that crypto miner manufacturers including Vidtoo, Innosilicon, Obelisk are planning to launch ASIC miner for Grin this summer. Known as a crypto without ICO, pre-mining and investors, Grin was in its heyday in the early 2019. Since January 16th, Grin’s price hav...

UN: North Korea Funds Weapons Program Through Crypto Hacks

Aug 7, 2019

Bitcoin Magazine

The United Nations has claimed that the government of North Korea has managed to drum up some $2 billion for its missile and nuclear weapon programs, using only a series of advanced cyberattacks that regularly targeted crypto asset exchanges. According to a Reuters report on August 5, 2...

Bitcoin Price Surge: Maybe Not Trade War But Whales

Aug 6, 2019

Olusegun Ogundeji

The impact of the superfluous trade war between the US and China may be widening on a scale that is seeing investment diversified into global assets but it may not be responsible for the surge in Bitcoin price, a crypto insider said. Amidst the rising tension between the two largest economi...