BitConnect promoter Divyesh Darji is being sought by police in India after allegedly getting involved in a trio of cryptocurrency scams.
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Part of the header image on Brock Pierce's Twitter profile page shows him appearing heroically on fictitious money (via Twitter)Brock Pierce buys a million-dollar home with a crypto-backed loan
The controversial bitcoin investor’s use of Bitcoin as collateral has tax benefits, but also big pitfalls
Controversial Bitcoin investor Brock Pierce has used cryptocurrency to buy a $1.2 million house in Amsterdam. The wealthy former child star, known for his role in “Mighty Ducks,” used Bitcoin as collateral to obtain a $1.2 million loan from Swiss FinTech Nexo for a home.
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Opinion | What John Oliver left out about cryptocurrencies
The HBO comedian explained cryptocurrencies like bitcoin to the general public but missed the importance of blockchain technology
If it’s true that trends haven’t made it into the big leagues until John Oliver makes fun of them, then bitcoin is officially in the big leagues. On Sunday night, the Last Week Tonight comedian spent a full 25 minutes essentially knocking the popular cryptocurrency as nothing more than a huge gamble. Highlighting Bitcoin as well as a dozen other different cryptocurrencies—TitCoin, JesusCoin, and a few other choice offerings—Oliver implied that all coins are created equal, and he doesn’t seem to think particularly highly of any of them. He even made a comparison that strikes fear in the hearts of millennials everywhere: that bitcoin is as much of a speculative…
