Category: ICO

ICO Former IBM Salesman Loses $2 Million After Hacker Hijacked His Accounts

Former IBM Salesman Loses $2 Million After Hacker Hijacked His Accounts

Hackers appear to be targeting YouTubers exposing details about their trades such as usernames and addresses and the tools they use. Balina, Saddington and Bosak lost cryptocurrencies by way of their accounts being hacked. They say they have learned their lessons to not expose their trades and the tools they use, on YouTube through vlogs …

Read Article Read More

Shares 0
ICO Cambridge Analytica Planned to Raise Money Through Own Cryptocurrency

Cambridge Analytica Planned to Raise Money Through Own Cryptocurrency

Cambridge Analytica is the company behind recent Facebook’s massive data leak scandal. It is now planning to issues its own cryptocurrency and aiming to raise funds through ICOs. It is also tried to promote Dragon Coin associated with a Macau gangster. The company tried a variety of technologies including blockchain.   The Own Cryptocurrency: Cambridge …

Read Article Read More

Shares 0
ICO South Korea Is Likely Focusing on Overseas Listings for Local Trading

South Korea Is Likely Focusing on Overseas Listings for Local Trading

South Korea banned ICOs in the local market in September last year to follow China’s footsteps. Companies are finding another route in the overseas but it presents its own challenges: it is costlier. After South Korea prohibited ICOs in its local jurisdiction last year, then prohibited anonymous crypto trading January this year, ICO projects are …

Read Article Read More

Shares 0
ICO Bermuda Planning to Embrace ICOs and Crypto Regulations

Bermuda Planning to Embrace ICOs and Crypto Regulations

Bermuda is already attracting more cryptocurrency related businesses that want to come into the country. The friendly regulation will act as a catalyst. Companies will have required adhering to anti-money laundering and terrorist financing regulations. Bermuda, a British overseas territory in the North Atlantic Ocean, is considering a bill proposal that could allow the country …

Read Article Read More

Shares 0
ICO Japan Is Planning To Legalize Initial Coin Offerings

Japan Is Planning To Legalize Initial Coin Offerings

Japan is moving ahead to legalize initial coin offerings while other countries like the US and China are restricting the fundraising technique to save their investors from the existing risks. Japan has a well-known standing as a global home for cutting-edge tech and innovation. It was the only important economy to present legitimacy on digital …

Read Article Read More

Shares 0
ICO SEC arrested a racket of cryptocurrency scheme, endorsed by celebrities

SEC arrested a racket of cryptocurrency scheme, endorsed by celebrities

The co-founders of Centra Tech Inc. Sohrab Sharma and Robert Farkas were incarcerated with the charges of fraud after purportedly duping investors through Initial Coin Offering. On Monday, Securities and Exchange Commission disclosed fraud charges against founders of Centra Tech.  Sharma and Farkas are claimed to offer unregistered investments in the company through the sale of CTR virtual tokens. Thus, which are similar to Bitcoin, Ethereum and digital coins. SEC asserts that Sharma and Farkas were a part …

Read Article Read More

Shares 0
ICO John McAfee Charges $105,000 for Cryptocurrency Promotions

John McAfee Charges $105,000 for Cryptocurrency Promotions

Founder of the software company McAfee, John McAfee is now promoting cryptocurrency for $105,000 per tweet to his 810,000 direct followers. Some of the countries like Venezuela developing their own cryptocurrency. Other countries like China stand against the use of cryptocurrency. Recently, the top giants like Google, Twitter, and Facebook have banned the crypto-related advertisement. …

Read Article Read More

Shares 0
ICO Telegram Raised $1.7 Billion in Its Second Initial Coin Offering

Telegram Raised $1.7 Billion in Its Second Initial Coin Offering

Telegram wants to build a system with a cryptocurrency called Gram. It will have faster transaction speeds than Ethereum and Bitcoin and possibly be competing with Visa and Mastercard.   Telegram Group Inc. has raised $1.7 billion according to a regulatory filing, to see it build its own cryptocurrency. The company raised $850 million in …

Read Article Read More

Shares 0
ICO John Mcafee Is Now Offering Advice to a Cryptocurrency Startup

John Mcafee Is Now Offering Advice to a Cryptocurrency Startup

John McAfee is advising CryptoSecure, which is working on a blockchain-based hack-proof solution. Key Capital, the company leading development at the blockchain startup, had its shares shoot by 400 percent after the announcement.   John McAfee of the McAfee antivirus is back again in the crypto arenas, this time advising a cryptocurrency startup called CryptoSecure …

Read Article Read More

Shares 0
ICO Venezuelan President: Petro Cryptocurrency Earned $5 Billion During Pre-Sale

Venezuelan President: Petro Cryptocurrency Earned $5 Billion During Pre-Sale

The president of Venezuela, Nicolas Maduro said Petro cryptocurrency had raised $5 billion during Pre-ICO. He also noted that this cryptocurrency had strengthened the country’s international reserves. The Petro, the world’s first national cryptocurrency developed by the government of Venezuela made available in pre-sale through an ICO. Formerly, Venezuelan president Nicolas Maduro said that it …

Read Article Read More

Shares 0
ICO SEC CEO Jay Clayton Ensures They Adhere with Securities Laws

SEC CEO Jay Clayton Ensures They Adhere with Securities Laws

SEC believes cryptocurrencies are here to stay and wants to open dialogue with leaders in the space regarding regulation. Chairman Jay Clayton has asked ICOs and crypto companies to comply with a law saying they are watching them Many ICOs and cryptocurrencies so far held or being held can be categorized as securities according to …

Read Article Read More

Shares 0
ICO Estate of Wu-Tang Clan Rapper Ol’ Dirty Bastard to Launch Cryptocurrency

Estate of Wu-Tang Clan Rapper Ol’ Dirty Bastard to Launch Cryptocurrency

Wu-Tang Clan is taking a second shot on cryptocurrencies after last year’s launch of Cream Capital. However, which did not manage an ICO finally. The crypto will support rapper son’s album launch and be using to buy merchandise and access events  The estate of the late Wu-Tang Clan rapper Ol’ Dirty Bastard is teaming up …

Read Article Read More

Shares 0
ICO Swiss Stock Exchange Chairman Romeo Lacher Wants Cryptocurrency Version

Swiss Stock Exchange Chairman Romeo Lacher Wants Cryptocurrency Version

Switzerland is already attracting many crypto projects launching ICOs. It issued a regulation that divides ICO into securities and non-securities Switzerland should launch a cryptocurrency version of the franc in order to gain a competitive lead in digital technologies. This is according to the stock exchange chairman Romeo Lacher. The new cryptocurrency will boost the …

Read Article Read More

Shares 0
ICO Tezos Foundation appoints two new members to its board

Tezos Foundation appoints two new members to its board

The replacement of members is not the first since infighting in the startup since last year after ICO.  The Founders stepped down as a member in support for Tezos foundation. Tezos has new members on its Tezos Foundation board. Ryan Jesperson and Michel Mauny will replace Johann Gevers and Diego Olivier Fernandez Pons who stepped …

Read Article Read More

Shares 0
ICO Hollywood actor Steven Seagal is Become the BRAND AMBASSADOR OF BITCOIIN2GEN

Hollywood actor Steven Seagal is Become the BRAND AMBASSADOR OF BITCOIIN2GEN

Hollywood action film star Steven Seagal has become the brand ambassador of the Bitcoiin2Gen. Today, Segal announced his engrossment with ‘Bitcoiin’, a token made on the Ethereum and has nothing to do with Bitcoin. Behind Bitcoiin ICO Steven Seagal is a man of miscellaneous character whose spiritual trust and mortality are woven into every aspect …

Read Article Read More

Shares 0
ICO Berkeley City Council Plans to Launch Initial Coin Offering to Fund Affordable Housing

Berkeley City Council Plans to Launch Initial Coin Offering to Fund Affordable Housing

Berkeley, California to explore the launch of ICO funding for affordable housing and support services for the city’s growing homeless population. The city of Berkeley could be the first in the U.S. to hold an ICO to fund its operations and reduce reliance on federal funding. The city is contemplating on selling tokens backed by …

Read Article Read More

Shares 0
ICO Prodeum, ICO scam leaves after pulling down its website and social media

Prodeum, ICO scam leaves after pulling down its website and social media

You could invest in anything today through an ICO depending on where your interest is. For the love of bananas and vegetables, you could have exchanged Ethereum for Prodeum coins hoping these guys would “revolutionize the fruit and vegetable industry”. However, Prodeum is no more, and it turns out they were deceiving people into this …

Read Article Read More

Shares 0
ICO Ernst and Young says around $400 million lost from ICO funds

Ernst and Young says around $400 million lost from ICO funds

According to the accounting firm Ernst and Young (EY), around $3.7 billion was raised through ICO funds up to date, but hackers have stolen over 10 percent. Thus, roughly about $400 million has been lost. Ernst & Young said that hackers targeted ICOs because they allow raising millions of dollars within less time. They investigated …

Read Article Read More

Shares 0
ICO Telegram intends to raise $1.2billion in TON ICO

Telegram intends to raise $1.2billion in TON ICO

The world’s fastest messaging app, Telegram is entering the realm of ICO. A portion of Telegram ICO funds shall be spending on salaries, offices, and consultants. Business Insider reported that this cloud-based instant messaging service plans to raise around $1.2billion in a blockbuster ICO. However, the app put in sound social media engagement to companies …

Read Article Read More

Shares 0
ICO India investors falling scam victims due to lure of profits

India investors falling scam victims due to lure of profits

Thousands of Indians are being attracted into investing in cryptocurrencies because of the high profits, only for some to fall into scamster’s traps. These kinds of scams and Ponzi schemes started in India after ICOs became a trend in mid-2016. According to Kislay Chaudhary, who is a cybersecurity consultant in the country. However, they became …

Read Article Read More

Shares 0
ICO ICOs raised $4 billion in 2017; what’s there for 2018

ICOs raised $4 billion in 2017; what’s there for 2018

The era of cryptocurrency has shown the significant growth in 2017 which has raised crypto startups and ultimately ICO trends. ICOs raised $4 billion in 2017 Despite the number of regulations and ban from countries including China, ICO funding process counts for $4 Billion in last year. Consequently, countless startups have been emerged by relating …

Read Article Read More

Shares 0
ICO John McAfee’s Twitter account hacked and hacker recommends “coin of the day”

John McAfee’s Twitter account hacked and hacker recommends “coin of the day”

John McAfee’s Twitter account was hacked yesterday and the hacker posted recommendations of the ‘coin of the day’ leading to pumps and dumps of the said coins. McAfee later tweeted complaining of the hack and the tweet that recommended Siacoin and then NXT, PTOY, BAT and XRP saying Twitter had been informed of the hack. …

Read Article Read More

Shares 0
ICO SEC chairman urges ‘risky caution’ with cryptocurrencies

SEC chairman urges ‘risky caution’ with cryptocurrencies

Securities and Exchange Commission chairman Jay Clayton say that investors should be aware that returns from ICO investments are lower than anticipated. Besides, other risks such as the possibility of tokens being stolen. Speaking in a statement, he said the markets are prone to great manipulation amidst low regulation and investor protection. He also told …

Read Article Read More

Shares 0
ICO Israel Securities Authority will be easygoing to ICOs

Israel Securities Authority will be easygoing to ICOs

Israel Securities Authority (IAS) has said through its chairman Prof. Shmuel Hauser that Bitcoin was a bubble but at the same time asks Israeli authorities to take a friendly regulatory approach to ICOs. The news comes after his September statement that the commission was worried about cryptocurrencies’ bubbles. Although they regarded blockchain as a legit …

Read Article Read More

Shares 0
ICO Israeli binary options ex-operatives could turn to cryptocurrencies industry

Israeli binary options ex-operatives could turn to cryptocurrencies industry

Knesset passed a law on October this year to outlaw binary options following many fraudulent activities in the 10 years of the industry in the country and many people who were left jobless could look for opportunities in the cryptocurrencies industry. Binary options were a huge deal in the country with Ramat Gan alone attracting …

Read Article Read More

Shares 0
ICO Confido goes off after getting $374000 as ICO startup backed

Confido goes off after getting $374000 as ICO startup backed

Confido, which raised $374,000 from investors in an ICO and reached $10 million in market cap last week, has disappeared from Sunday this week. The company’s ICO ran from Nov 6 to 8 on TokenLot. TokenLot now says in a statement about Confido, that the lines of communications between them and Confido are also now …

Read Article Read More

Shares 0
ICO Ethereum co-founder and Ripple CEO disapproves ICO industry

Ethereum co-founder and Ripple CEO disapproves ICO industry

Recently, Brad Garlinghouse, Ripple chief executive officer, and Joseph Lubin, Ethereum co-founder have criticized the present state of ICO industry. Regulators need to catch up with ICO industry: Brad Gralinghouse Gralinghouse, belief that “a lot of what’s happening in the ICO market is actually fraud”. There is an increase in the number of ICOs facing …

Read Article Read More

Shares 0