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CRYPTO INSIDER: Prices rise despite being called 'Ponzi schemes' by World Bank president
Everything you need to know about bitcoin and cryptocurrencies today.
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World Bank Group President Jim Yong Kim compared cryptocurrencies to Ponzi schemes at an event in Washington on Wednesday night.
"In terms of using Bitcoin or some of the cryptocurrencies, we are also looking at it, but I'm told the vast majority of cryptocurrencies are basically Ponzi schemes," he reportedly said.
- Ethereum (ETH)
- $806 (+8.0%)
- : $1,183 (+24.7%)
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What else is happening:
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