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China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged

China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged

A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%

SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.

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