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Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People


Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....

This Coin’s Supply Goes Down as the Price Rises


This crypto exhibits no correlation with Bitcoin; it was designed to behave differently from every other currency — crypto or fiat, with a money supply that expands or contracts depending on demand

Coincheck Revenues Down, Operator Launches Crypto Lending in US


Coincheck, one of Japan’s leading crypto exchanges, has reported that its revenues are down by over a third on last year’s figures – although its operator has launched crypto lending services in the United States. Per a financial report from its operator the Monex Group, Coincheck said that...

ADA Follows Market Down Despite Cardano ‘Reaches Orbit’


Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance Despite Cardano carrying out a hard fork last night that launched Shelley – the next version of the network – the successful upgrade failed to excite ADA traders, who are selling the news in the crypto market that is in...

Bitcoin Mining Difficulty Drops, While Miners Slow Down BTC Sale


Tonight (UTC time), Bitcoin (BTC) mining difficulty dropped for the first time in two months almost as estimated. Meanwhile, after selling more BTC than was generated in the past week, it seems that miners started to hoard more. BTC mining difficulty, the measure of how hard it is to compete...

US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines


The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agreed to plead guilty and is facing up to 30 years in prison. US Dismantles...

5 Most Common Developer Portfolio Mistakes (Sponsored)


A portfolio site is one of the best marketing and sales tools you as a web developer have in your arsenal. And if it’s set up right, it’ll save you a bunch of time having to:  Chase down new clients,  Spend time convincing them to work with you, Answer questions about your experience as...

Tradeoffs and Shifting Complexity


This is a masterclass from Dave: After you hit the wall of unremovable complexity, any “advances” are a shell game, making tradeoffs that get passed down to the user … you get “advances” by shifting where the complexity lives. You don’t get free reductions in complexity. In CSS land...

BitMEX's Parent Goes '100x,' Doubles Down On Exchange's Growth


Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz HDR Global Trading, the operator of major crypto derivatives platform BitMEX, is creating a new holding company structure, branded 100x, "to pursue a broader vision to reshape the modern digital financial system,"...

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