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Ponzi Schemes

All articles tagged with #ponzi schemes

cryptocurrency2 years ago

Bitcoin Maintains Strong Position Above $30.5K After Calm Weekend

Bitcoin remains above $30,000 as markets stay quiet during the long weekend in the U.S. Trading volume and open interest are down, reflecting decreased activity. Meanwhile, Yat Siu, co-founder of Animoca Brands, dismisses concerns about GameFi being perceived as a Ponzi scheme, arguing that it is a misunderstanding of the industry. However, critics argue that the prevalence of Ponzi schemes in GameFi hinders its growth and adoption.