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Cryptocurrency exit scams have made off with almost $100 million: report

Cryptocurrency exit scams have made off with almost $100 million: report

A up to date exit rip-off in China raised a whopping US$60 million, making it the most important ICO exit rip-off so far. Coming off the again of a vital virtual forex rip-off in China, involving 3 other preliminary coin choices (ICOs), new analysis has printed that cryptocurrency exit scams …

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Overstock completes tZERO security providing, raises far less than anticipated

Overstock completes tZERO security providing, raises far less than anticipated

A Chinese personal fairness company will purchase as much as US$270 million in tZERO fairness at a US$1.five billion valuation. American web store Overstock printed that its Security Token Offering (STO) for subsidiary tZERO raised US$134 million, which is somewhat over part of the company’s original financial goal of US$250 …

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ICO market more than doubles in Q2 2018, yet more than half failed: report

ICO market more than doubles in Q2 2018, yet more than half failed: report

The main initiatives throughout the second one quarter 2018 raised, on moderate, US$50 million inside two months. A brand new report has discovered that the worldwide initial coin offering (ICO) market has swelled to more than two times its dimension in comparison to remaining 12 months. ICOs have already raised …

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Tezos ICO class action lawsuit will go ahead

Tezos ICO class action lawsuit will go ahead

However, the courtroom pushed aside cryptocurrency brokerage Bitcoin Suisse as a defendant within the case. The Tezos Foundation just lately filed a movement to push aside a class action lawsuit that says the corporate violated US securities rules. This week, a federal courtroom pass judgement on denied the movement, that …

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WSJ: At least $825m of crypto pump and dump schemes in 6 months

Bitcoin and cryptocurrency round-up 18 July 2018

The Wall Street Journal has discovered loads of teams, cash and thousands and thousands of bucks concerned in the rip-off. Analysis from the Wall Street Journal (WSJ)has recognized at least $825 million of cryptocurrency pump and dump buying and selling process during the last six months, from 175 other pump …

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New world first: High Times to accept cryptocurrency in its IPO

Is bitcoin over, or will it skyrocket once more?

A contented compromise between beside the point ICO and leaving crypto cash at the desk. It’s a contented compromise, says Adam Levin, CEO of High Times, some of the world’s best-known and most-venerable marijuana and counterculture media corporations, of the selection to accept cryptocurrency for its preliminary public providing (IPO). …

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Wind-powered bitcoin mining site takes shape in Morocco

How different cryptocurency projects are staying two steps ahead

The peculiar undertaking presentations how token sale fundraising fashions can paintings the place conventional financing can not. There’s a rather small piece of land in Southern Morocco, in regards to the measurement of Manhattan. It has the respect of being considered one of few “Class 1” wind turbine places in …

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Gibraltar Stock Exchange launches ICO-focused crypto exchange

CFTC: Hedge funds overwhelmingly going long on bitcoin futures

The exchange intends to supply “pre-screened” ICOs, with early get right of entry to for GBX token holders. The Gibraltar Stock Exchange (GSX) now has a brand new arm within the type of Gibraltar Blockchain Exchange (GBX). After a small comfortable release trial duration, of 300 volunteers to check the …

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What if an ICO runs out of tokens? Distribution is a balancing act

Bitcoin and cryptocurrency round-up 28 May 2018

Oversold ICOs most certainly are not excellent information for somebody, and strictly following onerous caps is sensible. U Network has been installed a concurrently awkward, profitable and costly place by running out of tokens mid-ICO. It’s very uncommon for ICOs to seek out themselves on this place and U Network …

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78% of ICOs in 2017 were scams, but got only zero.three% of funds raised

78% of ICOs in 2017 were scams, but got only zero.three% of funds raised

Only zero.three% of ICO fundraising is going to scams, relying on how you need to measure it. A brand new record from Satis Group, Cryptoasset Market Coverage Initiation: Network Creation, has recognized 78% of ICOs in 2017 as scams. This was once outlined as “any project that expressed availability of …

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