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Half of the ICO Money in Russia Went to Pyramids

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Russian ICOs attracted a total of $300 million last year but half of the funds went to financial pyramids, according to the Russian Association of Cryptocurrencies and Blockchain. The organization that represents the crypto community in the country is now working on an ICO standard to help investors distinguish real projects from fraudulent schemes. Russian … Read more

Third Centra Co-Founder Charged With Fraud as Team Never Planned to Deliver the Goods

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Things are quickly going from bad to worse for the Centra ICO. While it’s a well-known project with celebrity backing, the team running the show has a lot of explaining to do. Three of the co-founders have been charged with fraud despite raising $32 million through the initial coin offering. The Centra Plot Thickens Again In the world … Read more

PR: Decentralized Exchange Decoin Launches Its Initial Coin Offering – Profit Sharing by Proof of Stake

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Decoin is proud to announce after months of build-up their Initial Coin Offering (ICO) is now officially live! Decoin is a decentralized coin and trading platform exchange that is set to disrupt the current norm in the industry. With plans for a state of the art exchange platform, a decentralized coin that will be utilised … Read more

Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO

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Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO … Read more