Crypto News

The market for money has been distorted by The State for so long, it came to hardly exist before Bitcoin arrived. This is an opinion editorial by Niko Jilch, a financial journalist based in Vienna, Austria who runs the Fixthemoney Substack and a German podcast called "Was Bitcoin bringt." Alright. It seems like we have decided to spend the "cryptowinter" arguing about who is the coolest kid on the block: Bitcoin Maximalists or altcoiners. This isn't a new debate but the recent defection of Nic "rising star" Carter and some others from the camp of "toxic maxis" has restarted it. Then there was this thread by Bitcoin core dev Matt Corallo. Now I'll gladly start here. Obviously Matt knows what he is talking about regarding Bitcoin. He knows way, way, way more than I do when it comes to the technical side of things. Compared to him I'm nobody. But still, I'd call myself a Bitcoin Maximalist. And I disagree that they are a &qu

Onecoin Victims Petition Bulgaria for Seizure of Assets and Compensation

A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional Ombudsman, Jonathan Levy accuses officials in Sofia of failing to provide justice to the victims while seemingly protecting “the most notorious criminal organization.” Lawyer Slams Bulgarian Authorities for ‘Misfeasance’ in Onecoin Case In the petition , Dr. Levy points out that Onecoin has been recognized as a criminal enterprise by a number of countries including the United States, Argentina, and Germany, and classified as a pyramid scheme by law enforcement agencies such as the FBI. At the same time, the €20 billion cryptocurrency scam allegedly maintains several offices in the Bulgarian capital, uses a number of corporate identities, continues its operations unabated, and has even held a recruitment event this pas

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