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Posts published in “ICO”

North American Regulators Crack Down on ICOs in ‘Operation Cryptosweep’

Securities regulators in Canada and the United States revealed that nearly seventy coordinated investigations into fraudulent cryptocurrency investment schemes, focusing on ICOs, have been opened in the past month. Authorities from more than forty jurisdictions in North America were involved in what was dubbed “Operation Cryptosweep.” Also see: Old Mining Tech May Destroy ASIC Resistance in …

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US and Canadian Securities Regulators Unite for ‘Operation Cryptosweep’

Operation Cryptosweep was announced earlier today. The goal of the coordinated effort from numerous North American securities regulators is to clean up scams and fraudulent offerings from the cryptocurrency space. Regulators Share Resources to Crackdown on Scam ICOs The joint crackdown that will go by the name of Cryptosweep will see over 40 U.S. and...

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New Study: 20% of ICOs Are Scams, But Investors Aren’t Fazed

Initial Coin Offerings (ICOs) have become the hottest way of raising capital, but at least one in five has turned out to be a scam, according to a new study. 1 in 5 ICO Projects are Scams The number of Initial Coin Offerings (ICOs) has gone through the roof throughout the last year as their underpinned technology, the blockchain, received mass media exposure and starts to see widespread adoption. Yet, being comparatively easy means of

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Save the Date: AirPod’s Pre-Sale Prepares for Launch

The long-awaited AirPod ICO is finally taking off! The team has announced that its pre-sale is going to start on May 29, 2018. The project introduces a revolutionary sleeping pod intended to improve your travel experience while at the same time providing you with means for stable yet profitable passive income. A Breakthrough Sleeping Pod AirPod Sleeping Pods will provide you with a reprieve from the hassle and bustle of the airport, allowing for a

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The Numbers Behind Kepler Technologies

After receiving incredible and record-breaking rankings on all relevant listing platforms, more and more people have become intrigued by Kepler’s groundbreaking ideas and visions in regards to a future shaped by a combination of robotics, artificial intelligence, and the blockchain. There are only two more days until Kepler’s pre-sale finally begins — which will last from May 22nd until June 5th.  Invest in Innovative and Disruptive Ideas Everyone will be able to participate in Kepler’s

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This Cryptocurrency Is Funding An Autonomous Sea-Dwelling Community

For decades architects and futurists have dreamed of seasteading, a way of living in floating, green-tech cities on the high seas. Now, thanks to the help of a cryptocurrency, the world’s first pilot project is underway. The Seasteading Cryptocurrency A group of academics, investors, and philanthropists are launching a cryptocurrency to help fund the construction of 300 homes on an artificial island in French Polynesia. Inhabitants of the project will test the feasibility of seasteading while

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Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households

The government of French Polynesia, an overseas collectivity of France in the South Pacific, is supporting a pilot program aiming to develop an off-shore housing that uses its own currency and operates outside of government regulations. The project is funded by a company called Blue Frontiers, which is planning to launch an initial coin offering...

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Thailand Temporarily Bans ICOs, Waives Cryptocurrency Tax

Following new cryptocurrencies regulations that came into force Monday, Thailand is grappling with how to regulate and tax the burgeoning market as the public weighs in. Regulations on the Horizon The Thai government will waive the previously planned 7 percent value-added tax (VAT) for individual cryptocurrency investors and temporarily prohibit any new initial coin offerings (ICOs), national media reported Wednesday. “After the digital asset decree became effective on Monday, new ICOs cannot be launched until related regulations

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In Wake of Fakes Like ‘Gosling ICO,’ Indorse to Vet ICOs on ICOCrunch

The cryptocurrency space has seen its fair share of fake Initial Coin Offering scammer teams in recent weeks. It’s a problem that needs to be tackled resolutely. Cue in Indorse, a blockchain-based social network, which has teamed up with ICOCrunch to vet ICOs’ authenticity.  Also see: Almost One in Five ICOs Are Fraudulent, Says New Wall …

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Plagiarism, Identity Theft, and False Promises All Too Common in Cryptocurrency Market

A Wall Street Journal analysis of 1,450 cryptocurrency offerings has unveiled unchecked plagiarism, rampant identity theft, and false promises of impossible financial gains.  ‘Lies, Damn Lies, and Statistics’ Though it might not come as much of a surprise to those more intimately familiar with the cryptocurrency space, a Wall Street Journal review of 1,450 documents for digital coin offerings as unveiled 271 indicators of fraudulent tactics — including “plagiarized investor documents, promises of guaranteed returns and

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