Podcasts about bitclub network

  • 20PODCASTS
  • 30EPISODES
  • 59mAVG DURATION
  • ?INFREQUENT EPISODES
  • Aug 20, 2024LATEST

POPULARITY

20172018201920202021202220232024


Latest podcast episodes about bitclub network

WHAT : DE HEK
Escape MLM Crypto Schemes: Avoid Unrealistic Returns And Recruitment Traps

WHAT : DE HEK

Play Episode Listen Later Aug 20, 2024 85:05


Hey there, crypto enthusiasts and curious onlookers! It's your boy, Danny de Hek, aka The Crypto Ponzi Scheme Avenger, back with another episode we will be reviewing an Article that is part of a series called "Dumb Ways to Lose Money by Xoinx. "Today, we're diving deep into the murky waters of MLM (Multi-Level Marketing) crypto schemes. You know the drill: someone promises you'll get rich quick if you just invest a bit and recruit your friends. Sounds like a dream, right? Well, it's more like a nightmare where you wake up with your wallet empty. In this video, I'll break down:What MLM Crypto Schemes Are: They're like regular MLMs but with the added allure of cryptocurrency. You invest, recruit, and hope your pyramid doesn't topple over.How They Operate: From investment tiers to recruiting downlines, I'll show you the mechanics of these schemes.Red Flags: Learn to spot the signs that scream "SCAM!" before you invest your life savings.Real-Life Horror Stories: Remember BitClub Network and OneCoin? Yeah, those were MLM crypto schemes that left investors in tears.Protection Tips: How to safeguard your investments and your sanity in the wild west of crypto.This isn't just about me ranting; it's about saving you, your mum, and your dad from losing your kids' inheritance to these multilevel marketing bottom feeders. So, grab your popcorn, but not your wallet, and let's expose these scams together. Remember, the only thing you should be investing in is your own education about these schemes. Stay vigilant, stay informed, and let's keep the crypto space scam-free, one video at a time.#CryptoScams #MLM #TheCryptoPonziSchemeAvenger #StaySafeBuy Me a Coffee I'm on @buymeacoffee. If you like my work, you can buy me a coffee and share your thoughts.Support the Show.

Daily Crypto Report
"Hardware wallet vulnerability disclosed" September 5, 2020

Daily Crypto Report

Play Episode Listen Later Sep 5, 2020 2:31


Today's blockchain and cryptocurrency news Bitcoin is down 3% at $10,141 Ethereum is down 10.5% at $340 and XRP is down 5% at 24 cents Top gainers in the last 24 hours: Bitshares up 20% ShiftCrypto discloses potential ransom attack method for Trezor and KeepKey hardware wallets. Joseph Frank Abel pleds guilty to his involvement with the BitClub Network a ponzi scheme. Chainalysis takes a look at the trade route between East Asia and Latin America.

The Evan Brand Show
EP053 - Bitclub Network - When a deal is too good to be true

The Evan Brand Show

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

The Evan Brand Show
EP053 - Bitclub Network - When a deal is too good to be true

The Evan Brand Show

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

School for Startups Radio
EP053 - Bitclub Network - When a deal is too good to be true

School for Startups Radio

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

School for Startups Radio
EP053 - Bitclub Network - When a deal is too good to be true

School for Startups Radio

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

The Unconstrained Podcast
EP053 - Scams in the Bitcoin world

The Unconstrained Podcast

Play Episode Listen Later Aug 30, 2020


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

The Unconstrained Podcast
EP053 - Bitclub Network - When a deal is too good to be true

The Unconstrained Podcast

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

TRS-80 Trash Talk
EP053 - Bitclub Network - When a deal is too good to be true

TRS-80 Trash Talk

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

DDOcast
EP053 - Bitclub Network - When a deal is too good to be true

DDOcast

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

DDOcast
EP053 - Bitclub Network - When a deal is too good to be true

DDOcast

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

TRS-80 Trash Talk
EP053 - Bitclub Network - When a deal is too good to be true

TRS-80 Trash Talk

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Teacher Affirmations
EP053 - Bitclub Network - When a deal is too good to be true

Teacher Affirmations

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Teacher Affirmations
EP053 - Bitclub Network - When a deal is too good to be true

Teacher Affirmations

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Next Without For
EP053 - Bitclub Network - When a deal is too good to be true

Next Without For

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Next Without For
EP053 - Bitclub Network - When a deal is too good to be true

Next Without For

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Progressive Podcast Australia
EP053 - Bitclub Network - When a deal is too good to be true

Progressive Podcast Australia

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Progressive Podcast Australia
EP053 - Bitclub Network - When a deal is too good to be true

Progressive Podcast Australia

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Chica and The Boy
EP053 - Bitclub Network - When a deal is too good to be true

Chica and The Boy

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Chupacabra Radio Network
EP053 - Bitclub Network - When a deal is too good to be true

Chupacabra Radio Network

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Chupacabra Radio Network
EP053 - Bitclub Network - When a deal is too good to be true

Chupacabra Radio Network

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Chica and The Boy
EP053 - Bitclub Network - When a deal is too good to be true

Chica and The Boy

Play Episode Listen Later Aug 30, 2020 63:43


In this week's episode, I'm going to talk about the Bitclub Network. This was one of the many scams that hit the Bitcoin community back in around 2015 and how it took what I believe to be a very good business model, a cooperation based system and ability to pool resources to mine and help keep the Bitcoin protocol safe, and turned that into a MLM scam, and now three of the four founders are in jail in New Jersey, and the fourth one was scooped up on an Interpol warrant in Indonesia.

Bitcoin Informant - Tägliche Bitcoin & Krypto News
#905 Deutsche verschlafen Kryptowährungen, Bitclub Network Co-Found Russ Medlin verhaftet & Bitcoin Wale

Bitcoin Informant - Tägliche Bitcoin & Krypto News

Play Episode Listen Later Jun 17, 2020 12:03


Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 905. Heute sprechen wir über folgende Themen: Deutsche verschlafen Kryptowährungen, Bitclub Network Co-Found Russ Medlin verhaftet & Bitcoin Wal Population nimmt weiter zu. Die heutige Show wird gesponsert von VeraCash.com - Das goldgedeckte Konto, mit dem Du überall bezahlen kannst - www.veracash.com/ & www.veraone.io - 100% goldgedeckter ERC20 Token. 1.) Internationale Studie: Deutsche verschlafen Kryptowährungen https://bitcoin-kurier.de/internationale-studie-deutsche-verschlafen-kryptowaehrungen/ 2.) Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault https://cointelegraph.com/news/bitcoin-ponzi-scammer-arrested-by-jakarta-police-for-sexual-assault 3.) Bitcoin Whale Population Spikes to 1,882 - Highest Level in Three Years https://news.bitcoin.com/bitcoin-whale-population-spikes-to-1882-highest-level-in-three-years/ Telegram Kanal: https://t.me/bitcoininformant LBRY.tv: https://lbry.tv/$/invite/@bitcoininformant:e Steemit: https://steemit.com/@denniskoray HIVE: https://hive.blog/@denniskoray Instagram: https://www.instagram.com/denniskoray/ Facebook: https://www.facebook.com/btcinformant/ Top 10 Kryptowährungen am 17.06.20 um 09:00Uhr Sonnige Grüsse Dennis "Bitcoin Informant" Koray

The Clark Howard Podcast
2.13.20 Insurance companies are ripping teachers off; Bitcoin ponzi scheme; Jobs that don't require a college degree

The Clark Howard Podcast

Play Episode Listen Later Feb 13, 2020 38:58


Teachers, non-profit workers and some hospital workers are shuttled into inferior 403b retirement plans. 401ks have gotten more affordable with steadily lower costs for employees, lead by Vanguard and Fidelity. Teachers on the other hand get cheated repeatedly. 403b plans are often sold by insurance company sales reps, selling ultra high cost plans often wrapped in annuities. A WSJ investigation has uncovered just how dirty this system is, rife with horrendous kickbacks paid for by the 403b workers without disclosure. Worse still, an analysis reveals the same contributions over time in a typical 401k adding up to $250K in retirement savings, would only yield $155K in a comparable 403b, ravaged by expenses. A private sector 401K with $500K is equivalent to a 403b of $310K - all contributions being equal, typical expenses on both. A 401k One million vs $620K in a 403b having made the same contributions - all because of rip off fees in 403bs. While members of the House and Senate indulge in partisan fits, they could be stopping the rip off of teachers by insurance companies. Allegedly, $722 million has been stolen in a cryptocurrency Ponzi known as BitClub Network, which for 6 years solicited funds from would-be investors to go into cryptocurrency mining pools. There were big money incentives to recruit others into the network. 5 men are charged with running a scheme "built off the backs of idiots" - to use their words, NBC reports. Recall the cryptocurrency mania of recent years. That money evaporated as it became hot with con artists. Be careful jumping on bandwagons.   New federal data shows the change in the nature of work is so extreme, you ignore it at your peril. College is not a normal path in every family. The latest data shows nearly half of all factory workers have a college degree. As recently as a generation ago, factory and manufacturing jobs did not require higher education, but the nature of manufacturing has changed. The manufacturing industry has roared back in the U.S. But employment in this sector is minimal as advanced robotics and computer tech is increasingly engaged. The human jobs in factories now require highly skilled workers with advanced tech educations. Well-paying jobs require thoughtful, strategic levels of education - not necessarily college. The idea that education ends isn't compatible with the pace of technological change. We need to be prepared for the nature of work to steadily morph. To sit still is to fall behind. Stay in an education and training cycle through your working lifetime to maintain career mobility. State technical colleges should design curriculum in concert with what employers are looking for, anticipating where jobs are and where they're going, and offering affordable training for those jobs.    Learn more about your ad choices. Visit megaphone.fm/adchoices

BitcoinMeister- Bitcoin, Cryptocurrency, Altcoins
The 1 Bitcoin Show- Mark Cuban BTC fail, Coinbase & the BBB, Keepkey issue, BitClub busted, Stellar exaggerations!

BitcoinMeister- Bitcoin, Cryptocurrency, Altcoins

Play Episode Listen Later Dec 11, 2019 25:08


Coinbase has a lot of complaints filed with the BBB, and I have a theory on why. Mark Cuban is no fan of BTC and I have some thoughts about his reasoning. Kraken talks about a Keepkey issue and Shapeshift replies. The Stellar airdrop was hype. Cloud mining era 2016 flashback- BitClub Network is busted! More! Recorded in Baltimore, MD! Watch the show here- https://www.youtube.com/watch?v=HCX8ILhv-TM Follow Adam on Twitter- https://twitter.com/TechBalt All of the BitcoinMeister videos are here at http://DisruptMeister.com Financially support the podcast here: https://anchor.fm/bitcoinmeister/support --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/bitcoinmeister/support

Bitcoin Feniks - 90% Bitcoin
#DDK 11.12.2019 BITCLUB NETWORK - PIRAMIDĄ FINANSOWĄ UWAGA NA KEEPKEY SPADKI MATIC

Bitcoin Feniks - 90% Bitcoin

Play Episode Listen Later Dec 10, 2019 31:03


Wszystkie dobre podcasty o kryptowalutach https://darmowekrypto.org.pl/podcasty————————————————————

Audiopreneur Podcast | Ton | Mikrofone | Mischpulte | Audio | Hifi
#37 AP - BitClub Network am Ende? Der "verbotene" Podcast.

Audiopreneur Podcast | Ton | Mikrofone | Mischpulte | Audio | Hifi

Play Episode Listen Later Aug 31, 2019 23:04


Dieses Interview wurde schon im Oktober 2018 aufgezeichnet. Jetzt scheint alles zu Ende zu sein. Seit einer Woche kein Mining mehr und die Webseite ist nicht mehr zu erreichen. Die Zeichen mehren sich, dass alles aus sein könnte... Interview am 15.10.18: Spot on BitClub Network Mit Christoph Dotzauer. Hallo Christoph, für alle die Dich nicht kennen, erzähle doch ein bisschen was von Dir. Wie bist Du mit Kryptowährungen das erste Mal in Kontakt gekommen? Du warst ja selber im BitClub Network? Was ist der BitClub, für alle Hörer die das nicht kennen? Wie bist Du dazu gekommen? Wurdest Du angeworben? Warum bist Du ausgestiegen? Was waren Deine Gründe? Welche Versprechungen werden von den „Leadern“ gemacht? Welche Erfahrungen hast Du gemacht? Man hat sich nun entschlossen, auszusteigen. Wie gehe ich vor, damit ich mein Geld nicht verliere? Was soll ich machen, wenn mein Konto bereits dicht ist? Es gibt ja bereits Ermittlungen, wer ermittelt und warum? Eine Rechtsanwaltskanzlei bietet Hilfe an. Welche Kanzlei ist das? Siehst Du eine Chance „sein Geld“ noch zurück zu bekommen? Glaubst Du, dass es am Markt überhaupt seriöse „Cloud“-Mining MLM-Anbieter gibt? Widerspricht MLM seriös? Christoph, danke für das Interview.

Moringa School Podcast
Episode 002 - Bitcoin Mining Explained ft. Jerry Bogonko Orina and Whitney Odumbe

Moringa School Podcast

Play Episode Listen Later Dec 15, 2018 116:45


We are joined by Jerry Orina & Whitney Odumbe, Kenyan members of The Bitclub Network (www.bitclubnetwork.com) and they demystify bitcoin mining. Your hosts are Leo, Michelle & Melissa, alumni of Moringa School. Contact Jerry on orinajerry@gmail.com, +254 732 031 181, (bitclub.bz/jbo), or at his office in Kenrail Towers, 3rd Floor, Southern Wing, Nairobi. Whitney’s email is whitneyaki98@gmail.com, +254 770 884 661, (bitclub.bz/bosskikky).

floor nairobi kenyan bitcoin mining orina bitclub network moringa school
Quantum Mindfulness Radio
The Bitcoin Revolution

Quantum Mindfulness Radio

Play Episode Listen Later Jul 25, 2017 113:58


Special Guest: Korey Rowe is the producer of the controversial documentary Loose Change 9/11: An American Coup, a film by Dylan Avery. Rowe was born in Oneonta, New York and currently lives in Long Beach, CA. He is a former US soldier who served six months in Kandahar, Afghanistan and one year in Kuwait and Iraq. Rowe enlisted in the 101st Airborne Division in August 2001 and left in June 2005, then joining the production of Loose Change. Additionally, Korey is a strong proponent for the Cryptocurrency Revolution and is now a co-founder of the Bitclub Network based in Iceland.“I am a self starter, a laborer, a veteran, a husband, a business owner and a Californian. I love life and am excited to wake up everyday with hopes to make a positive measurable progressive movement forward in my life and the life of all humans. I have two rules, be kind and if you can't be kind be honest. I have made more mistakes than most and paid terribly for those choices however these moments taught me more about what it is to be alive than anything I would consider a good experience. I am shaped by this world and am a direct byproduct of it. I am interested in technology, social media, sciences and free thought. I am progressive yet conservative. I am a lover and have long put down my arms. I served with the 101st Airborne Division 187th Infantry Regiment in the Afghanistan Invasion as well as the Iraq Invasion. I lived in the Middle East for most of 2002 - 2004. In countries such as Pakistan, Oman, Turkey, the aforementioned Afghanistan and Iraq with quick stop in Syria, Germany, and Saudi Arabia. I have also traveled the western world with stops in South and Central America, and most of Europe. Then things got a bit crazy but that is a story for another time. I currently live in Los Angles and own Prism Pictures, LLC. I specialize in communication in all forms but specifically in video form. I produce, shoot, edit, and act in videos from Narratives, shorts, docs, short form advertisement, YouTube Series, as well I am an Instructor and Mentor to students of Photography. I am a social media guru and can help you with your next project if needed. I don't bite so reach out!” (Korey Rowe) Hosted by: Joel Ayala Ayapana Produced by: Joel Ayala Ayapana Podcast Radio Network: Real Revolution Radio 2.0Network Link: http://www.realrevolutionradio.comArchives: http://www.realrevolutionradioarchive...BECOME A BITCOIN MINER:http://bitclub.network/realrevolution...CREATE YOUR OWN BITCOIN WALLET:https://www.coinbase.com/joinNOTICE: By accessing this Podcast, I acknowledge that the entire contents and design of this Podcast, are the property of Quantum Mindfulness Radio LLC and REAL REVOLUTION RADIO X.0, or used by Quantum Mindfulness Radio LLC (QMR) and REAL REVOLUTION RADIO X.0 (RRRX) with permission, and are protected under U.S. and international copyright and trademark laws. Except as otherwise provided herein, users of this Podcast may save and use information contained in the Podcast only for personal or other non-commercial, educational purposes. No other use, including, without limitation, reproduction, retransmission or editing, of this Podcast may be made without the prior written permission of QMR/RRRX, which may be requested by contacting the QMR/RRRX office via the following contact email: awaken@realrevolutionradio.com or by calling the studio by phone at: (216) 618-3252DISCLAIMER: By accessing this Podcast, I acknowledge that QMR and/or RRRX makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, QMR/RRRX does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of the QMR/RRRX. QMR and/or RRRX assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, QMR/RRRX makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

Crypto Basic Podcast: Teaching You The Basics of Bitcoin and the World of Cryptocurrency. CryptoBasic
Episode 216 - New Ethereum upgrade, India proposes banning crypto, and a vibrant week for scams.

Crypto Basic Podcast: Teaching You The Basics of Bitcoin and the World of Cryptocurrency. CryptoBasic

Play Episode Listen Later Dec 31, 1969 68:43


Welcome to Flagship Friday, where we go over the most important crypto news of the week. This time around we're talking about Ethereum's new Istanbul upgrade, about India proposing banning cryptocurrency, and we're going over scams. A lot of them. You'll have to tune in and see.Rapid FireJack Dorsey Tweet Thread For Open Sourced Social Media StandardsBitMex Gets Sued By Seed InvestorBasically saying their $30k investment should be worth $50M now, so they're suing for $300MCharles Hoskinson decided he wanted to fight Chico Crypto? Jesus. I think it's not happening now.In a very un-ripple move (at least for my bias) they are rolling out a digital marketplace for music where the creator gets 100% of proceeds. Called XSongsCoinbase's debit card has added a stablecoin.Craig Wright Tries To Avoid Paying $658k Legal FeesMatic Massive DumpAfter rising 180% in 2 weeks, Shed 70% of its value in minutes on TuesdayA trader pointed out holders of the coin "basically became 1% poorer every 15 seconds for 30+ minutes in a row"there was speculation of it being a p&d within the Matic Team but then CZ refuted that claim pretty quicklythe Matic COO tweeted out that he woke up to this nightmare and claiming it had nothing to do with them. They would post a detailed analysis and will come out stronger than ever" (He's indian, lost in translation slightly)Matic was one of Binances IEO's, initial exchange offering, and CZ raised the question on if exchanges should interfere in situations like this in the future. What do you guys think about that?Major bank ING looks to offer cryptocurrency custodyDutch Bank ING is working on plans to offer its customers secured cryptocurrency storageReuters relays that crypto custody will be among one of ING's many blockchain initiatives in the near future.Fidelity launched their custody service a few months ago too, but that was more for institutional investorsEthereum Has Successfully Upgraded to IstanbulThis is basically a group of 7 Eth Improvement protocols, the first of which just lists the rest of them.One will change how the storage of data is calculated, making smart contracts able to execute functions easier.One willOne will change some of the pricing to prevent spamming attacks.There are two protocols that allow cheaper use of the SNARK and STARK tech, which is the zero knowledge proof ability similar to zk-SNARKS like on Zcash or ZEN.They also add the ability to do atomic swaps of ZCash and Eth by allowing the chain to verify the Equihash Proof of work protocol (maybe this is to help secure the POS that is coming?)They mention that this will propel them above 3000TPS, which is "higher than visa" which might matter if they weren't trying to be a computer.We're not at 2.0 yet, and there will be a Berlin update in the future.Crypto Around the WorldProposed Cryptocurrency Ban In IndiaDuring recent monetary conference Reserve Bank of India reiterated its stance on banning privately-owned cryptocurrency in IndiaAccording to RBI governor Shaktikanta Das, issuing currency is a sovereign mandate and this should not be given to private companiesDas also revealed that RBI held internal discussions with Central banks and is considering the possibility of coming out with India’s own digital currency (but thats its very early)RBI had previously announced that no banks could deal with entities or consumers dealing with crypto, gave them 3 months to settle their servicesWorth noting that there are internal challenges to this ban at their supreme court, we'll see how it rulesTHAT'S A SCAMSEC Charges Shopin CEO With Fraud Over Unregistered $42mil ICOShopin CEO name is Eran EyalSo what was Shopin? It was one of the ICO craze companies that was built to track and store customer data across shopping platforms. Solving the problem of having 50,000 accounts I guess?They didn't build anything at all.They listed partnerships that they don't appear to have made, called them partnerships with "multiple retailers" and they even listed an advisory role with a "prominent Silicon Valley Blockchain Entrepreneur"So I'm not really sure how this works, but he has already pleaded guilty to fraud with another separate case that was brought by the NYAG in 2017. He had a previous company called Springleap that he defrauded of $600k, and he has to pay that back in the form of 125k in restitution and 475k in judgements. Apparently 450k of crypto has been seized to pay for this.The SEC lawsuit is significantly higher, and it expects to charge him with an unregistered security offering, as well as bar him from acting as an officer of any company in the future.He also took 500k in funds from the ICO for the following reasons, none of which were related to the thing. "Rent, shopping, entertainment, expenses, and a Dating Service"Three Men Arrested, 5 Charge in New Jersey $722 Million Cryptocurrency Ponzi SchemeDepartment of Justice, U.S. Attorney’s Office, District of New Jersey Releasedefrauded investors out of 722m promising huge returns if they joined investing clubwhile privately calling their clients “sheep” and “idiots,”defendants operated BitClub Network, which they promoted as "the most transparent company in the history of the world” and “too big to fail.”Looks like they were just promising a BTC mining setupThey got thousands of people according to Carpenting (US Attorney for NJ)One of the people arrested in Germany, the other in Colorado, the other in FL, and the last in Californiaindictment said the defendants operated BitClub Network from October 2014 until this monthThey would essentially show false figures and were told they were Bitcoin mining earningsFebruary 2015, for example, Mr. Goettsche directed one of his conspirators to “bump up the daily mining earnings starting today by 60 percent,”Person responded “That is not sustainable, that is Ponzi” territory and a “fast cash-out Ponzi … but sure,”Sep 2017 Goettsche (main dude) then told another conspirator to drop earnings significantlyin January 2015 that “we are building this whole model on the backs of idiots.”In one video they said $3,599 investment can yield...250k over 3 years! Conservatively!They never bought mining equipmentPlus Token Is A Top Ten Holder of ETHWe reported on Plus Token some time ago and thankfully it has been shut down but before it was all said and done the ponzi scam holds nearly 800k Ethereum worth close to $120mil. Still, Plus Token scammed nearly $3billion so this is a just a fraction of what was scammed.It's unsure if Chinese authorities has control of this address or not.