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Recent Updates

Johnny McCript caused the hashrate flash crash
Don't ask me how I know this, even if I explained myself to minute detail I wouldn't be able to prove it to you anyway. I'm revealing this to the community just to clear my own co...
ELI5 USI Tech / Eyeline Trading / Wealth Boss. Scam? Ponzi? What’s the deal?
USI Tech was a MENA region (UAE-based) cryptocurrency exchange which has been accused of operating a ponzi scheme. As of this writing, USI Tech's website is unreachable. There ...
“King of Brazilian Bitcoin” Claudio Oliveira owes investors U$ 125 million
According to news site UOL, Claudio Oliveira, president of Brazilian Bitcoin exchange Bitcoin Banco owes U$ 125 million to 6445 investors. Known in Brazil as "the king of Bitco...
Bitcoin is faster than credit cards, SWIFT and Western Union
There's been a lot of criticism about Bitcoin on the Internet lately. Since November 2017, the unconfirmed transactions pool had been spammed by certain groups who invested hea...
Brazil’s second highest Court rules that banks can unilaterally close cryptocurrency-related accounts
Brazil's second highest Court, STJ, has decided in favor of Itaú Bank in a lawsuit started against them by Mercado Bitcoin, one of Brazil's largest and oldest Bitcoin exchanges. ...
e-Franc: Is Switzerland about to release a cryptocurrency version of CHF?
A statement by Romeo Lacher, chairman of the Six Swiss Stock Exchange, has generated much buzz in the cryptocurrency space today. Switzerland could soon adopt the e-Franc - a b...
ELI5 What was the Black Goblin market [BGM]?
Black Goblin was a short lived and relatively unknown darknet market. It ran at Tor address ua4aptglh45m5p6b.onionand was announced on Reddit in the DarkNetMarkets subreddit, w...
ELI5 What is an ASIC miner?
ASIC stands for Application Specific Integrated Circuit As the name implies, an ASIC miner is a cryptocurrency mining machine built around a circuit designed solely for one spe...
ELI5: Paradigm and Deribit OTC trading
Paradigm is a new chat platform that aims to take over from Telegram as the de-facto cryptocurrency chat/trading platform. Telegram's success in the crypto community was organi...
ELI5 Cryptocurrency futures trading
As the name implies, futures trading involves buying and selling something that will happen (or come to exist) at a later time. Futures are traded using contracts. Cont...