Category: Ponzi Scheme

Cryptocurrencies such as bitcoin are video games with no more reality than a “Minecraft” village. The value of the real energy consumed to record and…

View More Opinion | The idea of a currency is not a currency

It’s been a tough six months to be a crypto investor. Whipsawing markets, faltering assets and economic pressures have all combined to shock the nascent market.…

View More $1B Crypto Ponzi Scheme Revealed by Regulators

Robinhood’s shares jumped. It can thank FTX’s CEO.  Protocol Read more…

View More Robinhood's shares jumped. It can thank FTX's CEO. – Protocol

NBA Playoff Commercial Power Rankings There’s plenty of places you can find power rankings for the NBA playoff teams or players, but today we are…

View More Boban Marjanovic leads the NBA commercial power rankings

Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity. Called Smooth Love…

View More Crypto Pokémon Clone’s Currency Plunges To Less Than A Penny

Image: Sky Mavis Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity.…

View More Crypto Pokémon Clone’s Currency Plunges To Less Than A Penny

Tesla chief Elon Musk on Friday said that his plan to buy Twitter for $44 billion is currently on hold temporarily citing pending details on…

View More Elon Musk: ‘Vast carelessness’: Twitter isn’t happy with Elon Musk putting temporary hold on $44 bn buyout deal

When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black…

View More Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

But its fanboy president can’t help but buy more of it While the Bitcoin ponzi scheme has been crashing and burning, one of its key…

View More El Salvador discovered that Bitcoin really is a ponzi scheme

The crypto economy is known for seismic price fluctuations. Prices of cryptocurrencies and non-fungible tokens (NFTs), blockchain-based digital assets, can swing wildly throughout the day.…

View More Why Terra is crashing — Quartz