Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%

Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%

Digital currency luminaries such as Vitalik Buterin have called Bitconnect a Ponzi scam and the project is in trouble with Texas and North Carolina regulators. Bitconnect has responded by closing the majority of its operations.

_{Read more: cointelegraph.com}

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Ponzi Scheme BitConnect Plummets 90%

For naive investors who invested in BitConnect (BCC), today marks an exponentially bigger loss than the general cryptocurrency downtrend. After discontinuing its “lending” program, BCC instantly plummeted over 90% from the day’s high, dr...

_{Read more: themerkle.com}

Vitalik Buterin Leaves China-Based VC to Focus on Ethereum Development

The post Vitalik Buterin Leaves China-Based VC to Focus on Ethereum Development appeared first on CCN
Vitalik Buterin, the co-founder of Ethereum, has left China-based venture capital firm Fenbushi Capital according to TechCrunch, to focus on the developm...

_{Read more: www.ccn.com}

Bitconnect Shuts Down Its Exchange Citing a String of Excuses

In a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states...

_{Read more: news.bitcoin.com}

Full Speed Ahead with The North American Bitcoin Conference in Miami

January is Bitcoin month in Florida, and The North American Bitcoin Conference in Miami is the main event. Attendees and speakers are coming from all over the world for networking, presentations, and to learn more about cryptocurrencies. In fact, this is ...

_{Read more: bitsonline.com}

Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires

Just recently news.Bitcoin.com reported on the company Metropolitan Bank Holding Corp (NYSE: MCB) allegedly ceasing international cryptocurrency transfers. The bank is well known for being called the “Bitcoin Bank” and responded today to “errone...

_{Read more: news.bitcoin.com}

Other hot crypto news today

• Ethereum crashes 30 percent on Coinbase in 24 hours; Bitcoin tumbles 25 percent
• Japan’s Largest Bank to Launch Cryptocurrency Exchange
• NBA’s Dallas Mavericks Will Accept Bitcoin For Tickets, Mark Cuban Promises
• China’s Alibaba Launches Crypto Mining Platform Despite Restrictions, Say Local Sources
• Bitcoin Price to Hit $100,000 in 2018, Predicts Saxo Bank Analyst
• Bitcoin sinks 20%
• Mark Cuban: Dallas Mavericks to Accept Bitcoin, Ether 'Next Season'
• BitConnect Shutters Crypto Exchange Site After Regulator Warnings
• Is This the Beginning of the End of the Bitcoin Bubble?

_{Follow me @cryptonized for the latest cryptocurrency news...}