cryptocurrency
BitConnect, Anonymously-Run Crypto Exchange, Crashes After States Issue Cease and Desists

BitConnect, an anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist orders from authorities in Texas and North Carolina. Read More >>

wtf
Wait, It Turns Out KodakCoin Is Not the Only Crypto Trick Kodak Has Up Its Sleeve

Yesterday, camera manufacturer Kodak—whose stock was previously hovering around $3.10 a share—announced that it was forming its own cryptocurrency, an ambiguously blockchain-based project called “KodakCoin.” As has happened with a number of smaller stocks, Kodak’s stock immediately skyrocketed as soon as the words “blockchain” left its lips. Read More >>

cryptocurrency
The Founder of Litecoin Says He No Longer Owns Any Litecoin

Currently the fifth most valuable cryptocurrency, Litecoin has enjoyed a massive surge of late: While a single Litecoin traded for approximately $4 in March, they're now listed at over $300 a piece. But in a surprise move, the coin’s founder Charlie Lee announced in a Reddit post early this morning that he had divested his entire stake in Litecoin (except for a few physical Litecoin collectibles), citing an effective conflict of interest. Read More >>

bitcoin
Man Who Threw Away a Fortune in Bitcoin Now Looking to Dig Up a Landfill 

James Howells is a British IT worker and an early investor in Bitcoin. He also has every right to be the most furious man on Earth. Read More >>

crime
Today’s Cryptocurrency Gaffe: Hacker Makes Off With £22.64 Million in Tether 

While many cryptocoins seek to transcend conventional currency, the cryptocurrency Tether claims to back each of its issued tokens with an equal amount of redeemable cash held in a private reserve. That keeps its value predictable, but presents a problem if a token is stolen from one of the company’s “treasury” wallets. Today, Token’s development team has exactly 30,950,010 problems. Read More >>