ICX – DIGIT INFO

Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them

DIGIT — Wed, 11 Aug 2021 04:29:53 +0000

A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens.

ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies

DIGIT — Sun, 05 Apr 2020 16:30:22 +0000

A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered […]

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Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders

DIGIT — Fri, 12 Oct 2018 19:00:18 +0000

Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You […]

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ICON Price: Big Gains Materialize as Crypto Momentum Turns Bullish

DIGIT — Mon, 27 Aug 2018 08:47:41 +0000

All cryptocurrency markets have found themselves in the green once again, with the exception of Tether. This positive momentum is primarily fueled by a small gain affecting the Bitcoin price. For most altcoins the current trend looks promising, and it appears the ICON price is benefiting a lot more from this bullish pressure compared to ... Read more

SEC Rules Ether not a Security, Markets Explode

DIGIT — Thu, 14 Jun 2018 18:19:29 +0000

Whether or not Ether is sanctioned as a currency under US jurisdiction has been a major point of speculation and uncertainty since the SEC first began its more active stance on cryptocurrencies and ICOs. As the Ethereum platform represents one of the first major ICOs, the future of platform rested majorly on the SEC’s interpretation ... Read more

Chinese Exchange Launching Southeast Asian Crypto Trading Hub

DIGIT — Fri, 25 May 2018 20:34:08 +0000

Chinese exchange Zb.com has set up a branch in Thailand with a plan to turn it into the regional crypto trading hub in Southeast Asia. The move came as the Thai government finalizes the country’s regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Creating Regional Hub […]

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Bithumb’s Revenue Last Year Jumps 171-Fold Compared to 2016

DIGIT — Wed, 11 Apr 2018 16:30:58 +0000

According to local reports, the South Korean exchange Bithumb has released the firm’s 2017 revenue and the exchange made 171 times more than the previous year. Also read: Japan Revises Registration Rules for Cryptocurrency Exchanges Bithumb’s revenue has increased 171-fold One of South Korea’s largest digital asset trading platforms has seen an increase in revenue that […]

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Price of Bitcoin Plunges Further to $7,500

DIGIT — Thu, 29 Mar 2018 16:45:30 +0000

In just the past week, the global market cap of all cryptocurrencies has fallen close to US$70 billion. In that same period, Bitcoin (BTC) has fallen 20% from a local high of US$9,000 to its current price of $7,500. Despite a number of bullish sentiments and news recently, the price of Bitcoin and cryptocurrencies across the board continues to fall. On the same day that Forbes called for a $20,000 Bitcoin, the price fell 5% further. Bitcoin currently sits at just above US$7,500, directly following a low of $7,410. With every passing dip, speculators and hopefuls call the bottom. While

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Ethereum Bleed Continues, Price Drops Below $450

DIGIT — Wed, 28 Mar 2018 18:25:33 +0000

Through this extended downtrend, one coin being challenged heavily is Ethereum (ETH). Ethereum has been subject to massive bleed since its peak prices earlier in this year. Today, ETH is trading below US$450, the lowest since December 7. Following December 7, Ethereum saw an explosion- tripling in value. Unfortunately, these gains have now been almost entirely erased. Beyond the overarching pressure of a global bear market, Ethereum has been subject to increased pressure due to the further developments of a number of cryptocurrencies and crypto-initiatives seeking to overtake the blockchain application platform. It can be argued that these competitors are

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Price of ICON Explodes Past $3.30

DIGIT — Wed, 21 Mar 2018 17:52:26 +0000

In the global downtrend that has extended for a majority of 2018, ICON (ICX) is among the coins that have taken the biggest hit, seeing a loss in value of more than 80% from January highs to recent lows. In the past week, however, ICX has more than doubled, and in the past day alone, has seen a price increase of over 40%. In the eyes of many speculators and supporters, ICON is a sleeping giant. While this is a large project, with a market cap of close to US$1.3 billion, many suggest the true value of the project seeking

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