OneCoin: We’re Totally Not A Scam

OneCoin, whose leaders have been indicted on wire and securities fraud as well as money laundering, took umbrage with a recent report by the Central Bank of Samoa calling the crypto project a “hybrid ponzi-pyramid scheme.”

Ripple’s Performance During Q1 2019

A breakdown of how the XRP stablecoin performed during the first three months of 2019, significant events for Ripple, and what can be expected during the the next three months.

Tether Not Fully Backed

In an affidavit containing the subheading “Tether Holders Are Not at Risk,” Stuart Hoegner, a lawyer representing Tether, admits that the company only has the fiat reserves to back about 74 percent of its coins. However, Zoe Phillips, another attorney representing Tether, claims the platform does not need to back every token it issues.

Microsoft Outlook Hackers Stole Crypto

In early April, hackers attacked Microsoft Outlook email accounts and gained access to users’ metadata and content. However, several victims have come forward, claiming their crypto was stolen as well.

Bitfinex Allegations Affecting Crypto Markets

According to data from CoinMarketCap, the allegations brought against Bitfinex by the New York attorney general’s office seem to have affected Tether’s backing by the US dollar and caused massive sell-offs of ETH and XRP.