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Bitcoin, titcoin, ponzicoin: jokes and scams fuel a cryptocurrency gold rush Early last month, the San Francisco-based software developer Rishab Hegde launched a cryptocurrency he called ponzicoin. Its website described "the world's first legitimate Ponzi scheme" and encouraged people to buy and then "shill this coin heavily to your family and friends like a fucking sociopath".
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Over $100 billion wiped off global cryptocurrency market in 24 hours The New York Times reported Wednesday that an increasing number of digital currency investors are worried the price of bitcoin and other digital currencies have been inflated by cryptocurrency exchange Bitfinex, which is included in CoinDesk's price index. Bloomberg reported Tuesday that in ...
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