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Posts published in “ICOs”

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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Wikipedia Will ‘Absolutely Never’ Turn to Cryptocurrencies; Accepts Bitcoin Anyways

Wikipedia Will “Absolutely Never” Turn to Cryptocurrencies; Accepts Bitcoin Anyways

The founder of non-profit Wikipedia Jimmy Wales said that they have absolutely no interest in launching an Initial Coin Offering (ICO), or turning to cryptocurrencies in general. “Zero Interest” Jimmy Wales, founder of the popular free online encyclopedia, expressed his utter reservation towards the field of cryptocurrencies. When asked about whether Wikipedia even considers cryptocurrencies or the launch of a potential ICO, he said that they are “absolutely never going to do that.” Despite his

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Watch Out ICOs: Class-Action Lawsuits Against Offerings Growing

A new assessment released by San Francisco-based litigation consulting firm Cornerstone Research in collaboration with the Stanford Law School Securities Class Action Clearinghouse has called attention to the rise in legal actions against Initial Coin Offerings (ICOs). Also see: Novogratz’s Galaxy Digital Tops $52.5m Round for Crypto Lender Play BlockFi Subscribe to the Bitsonline YouTube channel for great …

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Opet Token Advances Vision of Global Education Inclusion

Opet Token Advances Vision of Global Education Inclusion

The struggle is real. When it comes to education, all stakeholders whether parents, guardians; students or teachers, face an uphill struggle with the system. This educational system has largely remained unchanged for centuries. High school and university students have no option but to pursue a widely paper-based education and learn in a classroom environment that has stayed largely untouched. During the course of their lives, today’s students have the recourse to the latest of technologies,

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Crypto Potential for 1.7 Million Unbanked Adults

Crypto Potential for 1.7 Million Unbanked Adults

Have you heard of the unbanked? According to The World Bank, “Globally, about 1.7 billion adults remain unbanked—without an account at a financial institution or through a mobile money provider.” Even doing something as simple as paying a water or gas bill can be very time consuming and stressful for the unbanked, especially if the region they live in is politically unstable. To illustrate, a person without a bank account would typically pay a utility

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Celebrity Endorsed ICO Projects – Where Are They Now?

Celebrity Endorsed ICO Projects - Where Are They Now?

Over the past year, we’ve seen the rise in popularity of ICOs as a fundraising tool in the cryptocurrency space. In order to stand out from the crowd, some ICOs have enlisted the help of celebrities in an attempt to boost their credibility. Here’s a quick look of some of the more notable celebrity endorsed projects. From Celebrities to Crypto Evangelists Floyd Mayweather was one of the first celebrities to endorse an initial coin offering.

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Cosplay Is a Hidden Gem for Crypto Investors

Cosplay Is a Hidden Gem for Crypto Investors

Cosplay is no longer a child’s play. It is an industry worth US$ 45 bln, which is growing at the CAGR of 15 percent each year. The growing acceptance of cosplay has transformed the perceptions and made cosplayers into a vital asset that helps fuel the global entertainment business. Cosplay platforms such as Cure WorldCosplay have had an important role to play in the transformation of the cosplay industry. They help bring players from all

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Disruption, Regulation and Funding: Startup Stories from Beyond Blocks Summit Seoul

Is South Korea really where the blockchain action is? Bitsonline attended the Beyond Blocks Summit Seoul last week to gain a direct perspective on how true that is, and chat with some of the attendees and exhibitors. Also see: Inside Crypto Exchange Ranks: Who’s the Fairest Exchange of Them All? Subscribe to the Bitsonline YouTube channel for great …

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A Shipwreck, a Sunken Treasure, and a Possible Crypto Scam

A Shipwreck, a Sunken Treasure, and a Possible Crypto Scam

A South Korean company has claimed to have discovered the 113-year old wreck of the Russian battleship Dmitrii Donskoii, reportedly containing more than $100 billion worth of lost gold. While the matter of who actually has salvage rights remains contested, a cryptocurrency exchange has emerged, offering to “share profits” from the wreck with its users. A $100 Billion Dollar Discovery? According to reports by Reuters and The Telegraph, on July 19, 2018, South Korea-based Shinil

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Ethereum ‘Catalyzed’ Crypto Bull Market, Says Circle CEO Allaire

Ethereum Regains Second Spot, Ripple Plunges

Circle CEO Jeremy Allaire has publicly praised Ethereum, countering cryptocurrency community criticism of the network and its perspectives this week. Allaire Bullish On Ethereum In comments to CNBC’s Fast Money segment, Allaire, whose Circle has renewed its thrust into the cryptocurrency industry this year, attributed 2017’s market success to Ethereum development. “One of the things that really catalyzed the [cryptocurrency] market last year was actually that Ethereum, in particular, kind of got to a place

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