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Papertrade accused of Ponzi scheme after collecting $5.5M fees and going offline
Papertrade, a platform targeting crypto users, collected $5.5 million in fees and sold $200,000 worth of pants before changing its rules amid Ponzi scheme concerns and going offline. The Crypto Business Bureau (CBB) labeled Papertrade a Ponzi scheme,...
Bitcoin trades at a discount on Coinbase for 44 days, signaling weaker U.S. demand or stronger selling.
The Coinbase Bitcoin Premium Index stayed below zero for the 44th straight day as of November 7, indicating Bitcoin was priced lower on Coinbase Pro compared to Binance. This persistent discount suggests weaker buying interest from U.S. investors or ...
Crypto address boosts Ether short by $3.2M, total short now $14.56M with $21.77M gains
A crypto address increased its short position in Ether (ETH) by about $3.2 million, bringing the total short to 6,543.11 ETH, valued at approximately $14.56 million. This position has generated cumulative gains of roughly $21.77 million. The update w...
