The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder…
Read more
As Shiba Inu (SHIB) consolidates close to its 21DMA at $0.000029 after having pulled back nearly 40% from last month’s highs, Shiba Inu investors redirecting funds to a fresh ICO called Sponge (SPONGE) as they target 1,000% upside. Shiba Inu remains one of the leading crypto meme coins, second in market cap only to Dogecoin.…
Read more
As its amazing run higher continues, dogwifhat (WIF) investors are shifting to a viral new ICO called Sponge (SPONGE) as they seek 1000% return on income (ROI) gains. Dogwifhat pumped up over 26% on Friday as it hit fresh all-time highs above $2.30 per token. But with a market cap of now more than $2.0…
Read more
N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players to bet, wager, and win in the best games of skill and chance. The ecosystem’s platforms are already licensed in Uganda and Kenya. Li Aleksandr…
Read more
A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For context, ICOs typically refer to the raising of capital required to launch a new cryptocurrency-related product or service, similar to an…
Read more
An on-chain investigator, known as @BoringSleuth on X (formerly Twitter), has raised questions about the origin of the popular blockchain project Filecoin (FIL) and its initial coin offering (ICO). In a recent report shared on X, BoringSleuth detailed that they began their investigation by mapping out wallets associated with Filecoin and observed trends in funding transactions. … Read More:…
Read more
The EOS Network Foundation has called on plaintiffs to drop the $22-million settlement with Block.one weeks after initiating a new class action. Amid the approaching deadline for opting out of the current $22-million settlement with Block.one (B1), the EOS Network Foundation (ENF) has called on plaintiffs to drop the lawsuit. The ENF took to X…
Read more
Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years. Blockstream CEO Adam Back highlighted the juxtaposition…
Read more
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should be treated with nuance. Former SEC Chairman Jay Clayton Calls for…
Read more
A wallet dating back to the Ethereum (ETH) initial coin offering (ICO) in 2015 has caught the attention of the crypto community after it suddenly moved a significant amount of funds. The wallet, which has been completely inactive since the ICO, on Saturday transferred all of its 8,000 ETH to another newly created address, on-chain…
Read more
