Initial Coin Offering (ICO) – DIGIT INFO

Researcher Cracks 9-Year-Old Bug, Frees $2M in Ethereum Locked Since 2016 ICO

DIGIT — Mon, 01 Jun 2026 16:17:32 +0000

A security researcher known as 0xflorent recovered roughly 1,003.62 ETH, worth approximately $2 million, that had been trapped inside a failed 2016 Ethereum ICO smart contract for nearly nine years. A 2016 ICO That Never Paid Back The funds originated from Hongcoin, also referred to as “The HONG,” a 2016 Ethereum-based project pitched as a […]

Go to Source

Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million

DIGIT — Thu, 14 May 2026 00:05:11 +0000

A dormant ethereum genesis address holding 790 ETH since block zero was activated on Wednesday, moving roughly $1.78 million after more than a decade of complete inactivity. Dormant Ethereum Genesis Address Moves 790 ETH Worth $1.78M After 10.8 Years of Inactivity The address, labeled on Etherscan as a “Genesis Address” and identified by the string […]

Go to Source

Pump.fun Burns $370 Million in PUMP Tokens and Locks 50% of Revenue Into Buybacks

DIGIT — Wed, 29 Apr 2026 12:30:52 +0000

Pump.fun burned approximately $370 million worth of PUMP tokens on April 29, reducing circulating supply by 36%, and committed 50% of all net platform revenue to an irreversible smart contract that will continue buying back and burning PUMP for the next 12 months. Key Takeaways: Pump.fun burned roughly $370 million in PUMP tokens on Wednesday, […]

Go to Source

Ethereum ICO Participant Moves $22.88 Million in ETH After 11 Years of Dormancy

DIGIT — Wed, 29 Apr 2026 08:55:35 +0000

An Ethereum initial coin offering ( ICO) participant transferred 10,000 ETH worth $22.88 million to a new wallet on Wednesday after the address sat dormant for over a decade, converting a $3,100 investment into a 7,381x return. Key Takeaways: Wallet 0xCD59 transferred 10,000 ETH worth $22.88 million after lying dormant for 10.8 years. The Ethereum […]

Go to Source

PUMP Ignites: Meme Coin Exchange Token Rockets 87% After Solana-Based ICO

DIGIT — Sun, 13 Jul 2025 13:35:21 +0000

After the initial coin offering (ICO) of Pump.fun’s token PUMP, crypto market trackers like coinmarketcap.com (CMC) show the coin has climbed more than 87% above its debut price. PUMP Token Frenzy: From Mint to Billions in 48 Hours Pump.fun, the decentralized platform built on the Solana blockchain that lets anyone spin up and launch their […]

Go to Source

Solana’s Pump.fun Nets $500M as PUMP Token ICO Sells out in 12 Minutes

DIGIT — Sat, 12 Jul 2025 15:10:07 +0000

Pump.fun’s public token sale for its PUMP cryptocurrency raised $500 million after selling out rapidly in roughly 12 minutes. PUMP Token Sale Sells out, Raising $500 Million for Platform Expansion The initial coin offering (ICO) — a crowdfunding method for new digital tokens — launched July 12 at 2 p.m. UTC. Pump.fun, a leading meme […]

Go to Source

Ethereum ICO Time Capsule Cracks Open: Dormant Wallet Awakens After Nearly 10 Years

DIGIT — Fri, 13 Jun 2025 20:30:03 +0000

According to data tracked by Whale Alert, a long-dormant Genesis pre-mined ethereum wallet just stirred to life, moving 230 ETH for the first time in nearly a decade. From $71 to $590K: Forgotten Ethereum Wallet Wakes Up in 2025 Back in July 2015, roughly 8,893 distinct wallets were directly credited with ETH from the Genesis […]

Go to Source

Coinbase Ventures Debuts Base Ecosystem Group on Echo Platform

DIGIT — Sat, 15 Mar 2025 08:30:35 +0000

Base has become Ethereum’s top layer two (L2) across several metrics and Base projects will now have access to onchain startup capital on Echo. Echo Hosts Coinbase Ventures’ New Base Ecosystem Group to Expand Crypto Development Projects building on Ethereum’s largest L2 network Base will now have access to early startup capital via the Echo […]

Go to Source

Balaji Srinivasan Predicts Shift From IPOs and M&As to Crypto Era

DIGIT — Wed, 19 Feb 2025 11:30:44 +0000

In a recent social media post, former Coinbase CTO Balaji Srinivasan highlighted a potential shift in the tech landscape, suggesting that the era of traditional Initial Public Offerings (IPOs) and mergers and acquisitions (M&A) may be coming to an end, while the crypto era could be just beginning. He pointed out that new regulatory policies […]

Go to Source

US Court Sentences Another Centra Tech Co-Founder to 8 Years in Jail

DIGIT — Mon, 08 Mar 2021 10:32:49 +0000

Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has ordered Sharma to forfeit $36,088,960. Material Misrepresentations Prior to Sharma’s sentencing, the U.S. Department of […]

Go to Source