Korean Crypto Exchange Sued for Controversial Token Schemes

A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals The Lawsuit South … Read more

ICO Activity Down 90% This Year, Research Shows

An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto … Read more

Top 6 Cryptocurrencies Gaining Market Cap Positions – 2018 Week 41 Edition

Crypto rankings tend to shift weekly, especially when looking beyond the top 20. In fact, interesting things tend to occur quite regularly. The following six currencies gained the most market cap ranking positions this past week. Rest assured things will look very different next week, as trends seldom remain constants in this industry. #6 Santiment … Read more