Decred: An Innovative Cryptocurrency or A Well Arranged Scam?
An alliance of developers have already begun work on a new cryptocurrency, Decred. The new currency is based upon the same Bitcoin model that was previously used with all other cryptocurrencies. However, Decred is saving the main technical features of Bitcoin and fixing all of the issues that Bitcoin had. While the only clear contributors to the project are community-based such as are Github users, it can be assumed that the developers have a large amount of experience with Bitcoin development, and may even be the original Bitcoin Core developers. Decred will serve as a hybridized....
Related News
The upcoming Decred hard fork also plans to increase DCR rewards for PoS validators from 30% to 80%. Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners. Key Decred network upgrade in three weeksDCR rallied by nearly 45% to over $86 in one day, its highest level in four months. Moreover, the massive upside move accompanied a similarly huge spike in its trading volumes, confirming that most traders backed the intraday bullish momentum.DCR/USD daily price chart. Source:....
Decred (DCR) has surged seriously higher over the past day. According to Coin Gecko, a top data source in crypto, the price of the coin is up 50% in the past 24 hours. The coin is currently trading at its highest price since the 2018 crash in November of that year. DCR is up over […]
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. Class-Action Lawsuit to Stop a Crypto Scam in India A representative lawsuit has reportedly been filed in order to stop a cryptocurrency scam from continuing to dupe Indian investors. The Delhi court last week directed a notice to be published in....
A group of Bitcoin developers along with the makers of btcsuite have, in an announcement today, revealed that they are building Decred, an alternative digital currency. The project, according to the press release, is seen as one to address "the issues of project governance and development funding" that is seen as prevalent in Bitcoin today. Citing concerns of an increasing centralization of power in the Bitcoin project and the prioritization of interests of those who fund the project, a group of Bitcoin developers and the creators of btcsuite have started building a new, alternative....
An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged Kingpin of Crypto Scam Arrested An alleged mastermind of a cryptocurrency scam, Umesh Verma, was arrested at the Indira Gandhi International Airport on Thursday as he arrived from Dubai. Local media reported that he was arrested “on charges of duping at least 45 people to the tune of Rs 2.5....