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Posts published in “ICO”

Kin Announces Developer Program to Build Out Kin Ecosystem

Coming off its $100 million USD ICO in 2017, the Kin ecosystem has announced that forty teams have been selected to participate in its inaugural developer program. These developer teams will be rewarded with up to $60,000 each to launch Kin-related applications or integrate Kin into an existing consumer app. Also read: AT&T Hit With $224 …

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These 5 ICO Exit Scams Cost Investors $100 Million

These 5 ICO Exit Scams Cost Investors $100 Million

ICO exit scams over the last two years have left people $96.8 million out of pocket, according to data compiled by blockchain intelligence firm Diar. However, this is only a drop in the ocean with regards to the influx of investment the cryptocurrency space is receiving. For context, blockchain start-ups have raised over $6.8 billion from ICOs in 2018 alone. Nonetheless, $100 million is an eye-watering amount. Let’s look at the top 5 ICO exit

The post These 5 ICO Exit Scams Cost Investors $100 Million appeared first on Bitcoinist.com.

Ethereum Tumbles 17%, Investors Blame It On An ICO Sell-Off

In today’s crypto market drop-off, a majority of cryptocurrencies posted horrendous losses, including Ethereum, which fell further than many of its altcoin brethren. This came to the surprise of many, as Ethereum is normally a force to be reckoned with in ‘normal’ market conditions. Ethereum Moves Under $300 For The First Time In 9 Months Over its...

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SUP-X 2018 Startup Pitch Competition: Fortr3ss Have a Go at Blockchain

SUP-X is a conference that is focused on the needs and interests of the startup community. One of the features of the conference is its startup pitch competition. A panel of judges votes on pitches, with entrants having a chance to win thousands of dollars in cash and prizes. In this year’s competition, one of …

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Soaring ICO Failure Rate Sees Investors Flock to ‘Bigger Players’

ICO

ICO failure rates are increasing. However, there seems to be a trend of fewer projects receiving bigger sums. Due to regulatory pressure, ICO bans, and a bear market, investors seem to be taking a new strategy to funding blockchain projects. ICO Failure Rates Surge There is new evidence to suggest that one in two Initial Coin Offerings (ICOs) failed in Q2 of 2018, while those that succeeded suffered huge loses. This is according to the

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Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News?

There has been widespread reporting of recent ether liquidation by ICO teams. A number of cryptocurrency news outlets have reported the dumping of over 100,000 ether — worth around $40 million USD — over the past month. But is it true? And if it is true, is it significant? Also read: Turkish Lira Acutely Nosedives, Putting …

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SUP-X 2018 Crypto Panel: Exploring Blockchain Entrepreneurship

SUP-X is primarily a conference for general startup interests, but in 2018 it is difficult to ignore the impact that cryptocurrency and blockchain tech have had on entrepreneurship. Accordingly, the conference had a crypto panel this year. The discussion included what gives value to tokens, examples of tokens that are not money or representative of …

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Former Australian Cricket Captain Michael Clarke Slammed for Promoting ICO

Former star Australian cricketer Michael Clarke is the latest celebrity to leverage his online popularity to promote a forthcoming Initial Coin Offering (ICO). And, like others, he’s now been raked over the coals for doing so.  Also read: Facebook Execs Meet with Stellar While Pursuing Crypto Strategy Subscribe to the Bitsonline YouTube channel for great videos featuring industry …

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Twitter Takes a Swing at Former Cricketer for ICO Endorsement

Twitter Takes a Swing at Former Cricketer for ICO Endorsement

Another day, another celebrity-endorsed ICO. This time, it’s one of Australia’s most well-known cricketers, Michael Clarke. However, cricket fans on Twitter have their own take. Many believe that celebrities lend a certain degree of credence and authenticity to the brands that they endorse. This authority will, in theory, encourage the masses to whip out their wallets and buy the product. This seems to be the modus operandi of certain ICO platforms as well. Criticism for ICO

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Former Australian Cricket Star Receives Criticism for Endorsing ICO

A former Australian cricketer has received criticism over his decision to publicly endorse an initial coin offering (ICO) platform. Michael Clarke tweeted his support for Brisbane-based Global Tech earlier this week. Clarke Should “Buy Sandpaper” Instead of Endorsing ICOs Two days ago, the former Australian cricket team captain took to Twitter to promote a company...

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