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With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market cap lost 23% over the past … Read more
The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more
At the peak of the ICO bubble it was a common tactic for project promoters to use big name announcements to pump their tokens. Every day we would hear about a new venture that supposedly signed a partnership with a global brand such as Microsoft or Google, to make us think that these tech giants … Read more
AUGUST 28, 2019 – The HYPE Project (https://hypetoken.io) has announced the end of its initial distribution phase and has officially began its social tokenomics experiment built on the Ethereum blockchain. This free-for-all experiment, created to test the crowd’s ability to collectively control and manage a token’s supply, allows users to vote for the token’s inflation … Read more
AUGUST 22, 2019 – The HYPE Project (https://hypetoken.io) has launched a social tokenomics experiment to test the crowd’s ability to collectively manage and control the inflation and deflation of a tokenomy. This free-for-all experiment is currently in its initial distribution (airdrops) phase and users are encouraged to participate in the experiment by voting for the … Read more
Over the past few years, a fair few things have changed in the cryptocurrency industry. Currencies have come and gone, as have projects, blockchains, and noteworthy figures. One trend which will always remain is the cryptocurrency scam, in many different shapes and forms. One might start to wonder why such ventures remain so successful even … Read more
The hype surrounding blockchain and cryptocurrency has simmered to a dull roar. Last December, the markets spiked as traders drooled over the thought of lining their pockets. They believed they would be billionaires. They had erotic dreams of lambos, mansions, hookers and blow. Many of them embraced a get-rich-quick, shit-brained mentality. They put speculation over … Read more
Cryptocurrency scams take many forms. But one thing they all share is the goal of enriching their founders at the expense of investors. If a crypto project is “investing” a large portion of its capital into lavish parties, PR stunts and marketing, there’s a strong chance that it’s a scam. Also read: Debit Card Issuer Bitnovo … Read more
It has been a testing year for ICOs. Market conditions have made launching a tokensale more challenging than a year ago, when even the most ludicrous project was virtually guaranteed a $10 million raise. Several of 2018’s most successful ICOs, based on millions raised, have degenerated into its most disastrous, after plotting a journey from … Read more
Gartner, Inc., a research and advisory firm specializing in the financial and IT industries, recently published a report that asserts blockchain has entered the “trough of disillusionment” with regards to the technology’s lifecycle of hype and adoption. Also Read: Bitmain Unveils New 18 Terahash Water-Cooled Bitcoin Miner Blockchain Enters “Trough of Disillusionment” According to Gartner “Hype … Read more