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Every country produces its share of underperforming altcoins. They’re called shitcoins for a reason. But China has a track record for creating altcoins that are shittier than most. The country has spawned a slew of talented developers, and has made a huge contribution to cryptocurrency adoption and innovation as a whole. But when it comes […]
The post Chinese Altcoins Can’t Stop Failing appeared first on Bitcoin News.
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It has always been assumed that a large number of ICOs will fail, be it at the fundraising stage or when it comes to delivering the actual project. It’s hard to settle on a precise figure, however, as most dubious ICOs don’t exit scam: they slowly tiptoe away, like a sneak thief rather than a […]
The post 46% of Last Year’s ICOs Have Failed Already appeared first on Bitcoin News.
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The future was meant to involve flying cars and jetpacks. Instead, it involves tokenizing yourself on the blockchain. It was Andy Warhol who famously observed that in the future everyone will be famous for 15 minutes. That fame, it now appears, may come in the form of the ultimate crypto vanity project: tokenizing yourself and […]
The post You Can Now Tokenize Yourself appeared first on Bitcoin News.
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Despite the quality of this year’s initial crowd offerings being patchy at best, investors’ appetite for them remains unsated. $2 billion has been raised already, placing 2018 on course to comfortably surpass 2017’s total of $5.7 billion. But with the structure of these sales now geared increasingly towards private investors, the public have been left […]
The post ICOs Have Raised $2 Billion This Year – Mostly from Private Sales appeared first on Bitcoin News.
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Steven Seagal is eyeing up a cryptocurrency to replace bitcoin. Bitcoiin – count those I’s – may look and sound similar to bitcoin, but is very different. It runs on the Ethereum network, confusingly, and boasts “zen master” Steven Seagal as its brand ambassador. To add to the confusion, Bitcoiin with two I’s sports a […]
The post ”Zen Master” Steven Seagal Eyes Up a Replacement for Bitcoin appeared first on Bitcoin News.
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ICO scams can take many forms. There are phishing scams, perpetrated by impostors. There are the straight-up take-your-money-and-run exit scams. And there are the pointless ICO scams which will rob investors by failing to deliver a viable working product or shipping vaporware. In the long run, these are every bit as pernicious, for not only […]
The post The ICO Scam Train Arrives in Sweden – Meet “Starflow” appeared first on Bitcoin News.
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The hype surrounding the profit-potential associated with initial coin offerings (ICOs) is continuing to attract participation from Australian investors. Despite the potential to incur fast losses just as easily as fast profits, many Australians appear to be dabbling with casual cryptocurrency investment. Also Read: US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto Australian […]
The post ICO Craze Lures Australian Investors appeared first on Bitcoin News.
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For generation X-ers, old enough to remember a time when photographs were analogue and games consoles were 16-bit, brands such as Kodak and Atari evoke fuzzy nostalgia. Nothing perfect lasts forever though, and those companies which once dominated their respective spheres have not aged well. Many assumed these 80s stalwarts had already given up the […]
The post Atari Joins Growing List of Old Brands Trying To Revitalize Through Cryptocurrency appeared first on Bitcoin News.
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The ICO was hailed as the new IPO, offering a more egalitarian way of raising funds. The fact that crowdsales bring in millions of extra dollars and create an active community from day one doesn’t hurt either. In 2017, the initial coin offering was the fundraising model that had venture capitalists looking on enviously. 2018 […]
The post Many Token Crowdsales No Longer That Open to the Crowds appeared first on Bitcoin News.
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The Bee Token, 2018’s most eagerly anticipated and oversubscribed ICO, has had a disastrous start to its crowdsale. Over 100,000 people had applied to be whitelisted, and the anticipation in the group’s Telegram channel was palpable. The moment the public sale launched on Monday, everything fell to pieces as phishing emails successfully stole over $400,000 […]
The post The Bee Token Crowdsale Stung by $400k Phishing Scam appeared first on Bitcoin News.
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