ICO exit scams made off with $60M in investors’ money in August: report
In the first two weeks of August alone, an estimated $68 million of investors’ money were lost in initial coin offering (ICO) exit scams, according to a Diar report.
In the first two weeks of August alone, an estimated $68 million of investors’ money were lost in initial coin offering (ICO) exit scams, according to a Diar report.
The SEC’s recently published ICO regulation draft was the subject of a lively discourse within the Philippine community of blockchain and crypto industry movers.
Thai authorities say they have received 20 applications for crypto exchange licenses, and another 50 applications from ICO issuers interested in securing licenses to raise money in the country.
Initial coin offerings (ICOs) have raised a landmark $8.3 billion in the second quarter of 2018, despite a majority of campaigns failing to reach their fundraising targets, according to ICORating data.
Börse Stuttgart will set up a new trading venue that allows the exchange of tokens from initial coin offerings (ICOs) it will host, in addition to other established cryptocurrencies, according to reports.
Securities regulators in the U.S. state of Colorado has issued a cease and desist order halting the initial coin offering (ICO) of Linda Health Coin (LNDA), which they deemed an unregistered security.
The SEC has released a 37-page document outlining its proposed rules for local ICOs. According to the memorandum, any entities planning to conduct initial coin offerings must file applications to the SEC and include detailed documents outlining their operations and how their tokens function.
Modulus CEO Richard Gardner, like many professionals in the space, has had just about enough of these multi-million dollar hack saga. Referring to the recent KickICO meltdown, Gardner, while acknowledging the team’s commitment to reimbursing users for the loss, wants to put an end to the “bad headlines.”
Withcoin, a cryptocurrency designed for casinos, has been accused of propagating lies, according to a class action lawsuit filed in Japan.
Another day and another hack in the crypto space with the latest victim being Kickico, which experienced a staggering loss of 70 million KickCoin tokens valued at an estimated $7.7 million.
McAfee is taking another ‘bullshit walk.’ This time, to help a start-up called Bitfi sell some wallets.
FOMO3D simulates how pump and dump ICOs work: people dump money, and somebody runs away with it while the rest are left with nothing.