Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’ belated decisions to oppose the motion stems from growing concerns that such a declaration would give liquidators too much power. Before the latest counter applications, only Clynton and Cheri Marks — the co-masterminds of MTI — had opposed the…

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Is Bitop the Asia’s Best Crypto Exchange?

Nowadays, more than 10,000 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website. Cryptocurrency trading is fast becoming one of the most popular ways to make income trading.  But first, you need to choose a reliable cryptocurrency exchange. Many beginner traders make the mistake of signing up on any crypto website they find, which is an error that can expose you to scams and cost you a fortune. Bitop aims to become one among the world-renowned digital assets trading platafrom, with the simple interface and diversified financial…

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Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms

Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices. In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race.  Bitcoin is undoubtedly the market leader when it comes to network security, active users and market capitalization value, while Ethereum has thus far established itself as…

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