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YouTube has been named a defendant in a class-action lawsuit against the alleged BitConnect fraudulent scheme, recently published court documents have shown. On July 3, a group of plaintiffs accused Google’s video sharing platform of negligence and user protection failures as not deleting BitConnect promotional videos after receiving several complaints.


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Binance Crypto Exchange Foresees Profit Hit $1 Billion in 2018.


In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.

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Coinbase, the largest cryptocurrency exchange in the US, announced on Friday that it was planning to add five additional coins – Cardano (ADA), Basic Attention Token (BAT (LON:BATS)), Stellar (XLM), Zcash (ZEC), and Ox (ZRX). It would negotiate with local banks and regulators to list the tokens so that traders from as many jurisdictions as possible could trade them. However, as Cardano put it, it couldn’t guarantee that all the coins will be added.



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The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. Zebpay, one of India’s largest crypto exchanges, has also been called in to help with the investigation.


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