bitcoincollapse
bitraped
financial collapse
01/24/2022
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By Ramon Tomey
Russia plans to ban crypto mining and trading – regulator report
Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. 20, via […]
02/10/2019
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By Ethan Huff
Indy media starting to admit Adams was right: Crypto industry “riddled with con artists, scammers and fraud”
A Canadian cryptocurrency exchange is reportedly filing for bankruptcy following the highly questionable “death” of its CEO and corresponding “loss” of nearly $200 million worth of customers’ crypto assets, once again raising the question: Is there anything legitimate going on in the crypto world that isn’t a total scam? QuadrigaCX, which had been Canada’s largest […]
06/19/2018
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By Ethan Huff
As Bitcoin wastes the world’s electricity, Bitcoin mining now a money-LOSING proposition
The market price of the popular online cryptocurrency Bitcoin has sunk so low in recent days, compared to the all-time highs it reached last Christmas, that “mining” the digital “money” is no longer a profitable endeavor, new reports indicate. Because “digging up” Bitcoins from cyberspace requires an incredible amount of computing power and constant technology […]
09/07/2017
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By News Editors
There’s literally a ‘token’ called F*ck that’s up 370% in the last 24-hours
I vividly remember having a conversation several years ago with a woman about her real estate investments in the United States. (Article by Simon Black republished from SovereignMan.com) It must have been around 2005 or 2006… the peak of the property bubble. She was a psychologist from somewhere in the midwest, telling me about how […]
06/24/2017
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By Russel Davis
Ethereum crypto-currency flash crashes then recovers following panic selloff caused by technical glitch
A technical glitch has resulted in a brief but monumental crash in the price of ethereum, an alternative digital currency to bitcoin, demonstrating the apparent volatility of the cryptocurrency market. According to recent reports, the price of etherium flash crashed in a matter of seconds from around $319 to 10 cents on cryptocurrency exchange GDAX. This, following a multi-million […]
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