Two blockchain companies, JoyToken and RepuX, have been dissolved, according to UK business records. Both companies were founded and ICO-funded on the direction of the same people. A Reddit user broke down the scandal for r/CryptoCurrency, hoping someone might have more information.ANDREW MACDONALD’S JOYTOKEN WINNINGSJoyToken was to be an “ecosystem” for gambling development. Game developers […]
The price of BitTorrent Token (BTT) is closing in on six times the price of its initial coin offering (ICO), which occurred just one week ago.59.8 billion BTT tokens were sold through Binance’s token sale platform on Jan. 28 at a price of $0.00012 per token, according to sale information provided by the exchange.Up nearly […]
One year ago, I wrote an article for CoinDesk in which I humbly argued that the price of ether didn’t matter and what everyone in the blockchain community should focus on is building useful applications instead.Hate to say I told you so, but… I did.A few short months later, CryptoKitties were chased away by the […]
The cryptocurrency market has been in a bear trend since the beginning of the current year. Most of the virtual currencies are registering a price decrease of more than 80% since their all-time highs.During 2017, there was a lot of hype around virtual currencies and blockchain technology. They entered the market trying to create a new […]
The price of Bitcoin has dropped by 10 percent over the last 24 hours following a severe sell-off. Yet, several low market cap crypto and tokens have plunged by twice that amount, posting losses in the range of 20 percent.ERC20 tokens launched on top of the Ethereum blockchain network have performed especially poorly against both […]
Andrew Wong, a senior executive at International Digital Currency Markets (IDCM), believes the likes of Bitcoin and Ethereum are going to be around for the foreseeable future, as well as many of the altcoins challenging their position.However, he said the mass adoption of cryptocurrencies is “still at least a decade away” – and even if […]
Investing into blockchain startups can be rather challenging for small investors. Nevertheless, working with funds can open new opportunities for them.It is obvious that investing (regardless of which type of market we are talking about) can be a rather difficult task, especially for those who still haven’t gained enough experience and knowledge in this sphere. […]
CFTC tells investors that digital tokens promoted by businesses may either be categorized as securities, derivatives, and commodities, depending on how they are structured.Once again a U.S regulatory body has issued a new advisory asking ICO investors to do their own homework before putting their hard-earned money into it. This time it is the Commodity […]
About half of the existing crypto-asset market today – numbering some 1,500 – functions on top of an existing blockchain like ethereum, according to a new report.The study from Satis Group, which forms part of a five-entry series analyzing the state of the cryptocurrency ecosystem, explores the state of what it calls “platform networks,” honing […]
While over 4,000 ICO projects have managed to raise a combined total of around $12 billion to date – and most since January 2017 – a majority of them fail within four months of their token sales, a new study suggests.The research, conducted by a small team at Boston College in Massachusetts, found that a […]
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