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 […]
It appears the days of John McAfee promoting initial coin offerings (ICOs) are over. In a tweet on June 18, 2018, McAfee announced his decision to no longer work with ICOs.MCAFEE BACKS OUT OF ICO PROMOTIONS ‘DUE TO SEC THREATS’McAfee’s tweet was a response to a question posed by one of his followers, asking him […]
Jay Clayton, the chair of the US Securities and Exchange Commission (SEC), believes that Bitcoin (BTC) is not a security since it acts as a replacement for sovereign currencies, CNBC reports today, June 6.Clayton, when speaking about the “incredible promise” of distributed ledger technologies driving efficiencies in markets, clarified during today’s CNBC interview his thoughts […]
The Securities and Exchange Commission (SEC) has come out guns blazing in the fight to combat ICO fraud and protect small investors.As we know, cryptocurrencies stole the headlines in 2017, with Bitcoin’s biggest milestones, such as reaching an all-time high value of $20k, a definite topic of conversation around the investor dinner table.Potential investors could […]
Ah, McAfee, you’ve done it again.John McAfee, the antivirus software pioneer whose bio includes a murder accusation, has let it be known that he’s charging $105,000 per tweet promoting a cryptocurrency or an initial coin offering (ICO).Using his lucrative Twitter account, the self-proclaimed “crypto visionary” tweeted to his 811,000 followers a link to The McAfee […]
Last 12 months have seen an unprecedented influx of ICO’s, that have transformed the fintech market and the way new companies fund their future business plans. 2017 brought a new breed of investor into the cryptocurrency landscape – one with minimal experience and knowledge, but the willingness to invest in a product, or service that […]
Securities and Exchange Commission (SEC) Chairman Jay Clayton went on FOX Business yesterday to inject some fear into investors — particularly those interested in Initial Coin Offerings (ICOs).‘WE ARE WATCHING’SEC Chairman Jay Clayton has issued a serious threat to the cryptocurrency space and, in particular, to ICOs.Clayton — who was nominated by President Donald Trump […]
Overstock CEO Patrick Byrne sat down with Business Insider’s Sara Silverstein to discuss the company’s ICO — tZERO — passing $100 million, the tokenization of Wall Street, and what people get wrong about blockchain. Following is a transcript of the video.Silverstein: Anything you can tell me about tZERO? Any new announcements coming out?Byrne: Well I […]
Have you ever wondered what you would do if you had all the money in the world? Everyone has. But we take it to be just daydreaming.According to researchers, at least in the US, while entering the top 20% income distribution can be achieved through education and hard work, entering the top 1% is almost […]
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