Embezzlement, Burglary, and Insider Trading Allegations Send Skycoin Crashing Down

Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of US$35 in response to its … Read more

May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs

Estimates are indicating that the total sum of capital raised by initial coin offerings (ICOs) in May exceeded the total sum raised in April – comprising the first month-over-month increase in the total sum raised by ICOs in 2018 so far. Also Read: Markets Update: Slight Comeback Shows Cryptocurrencies Press Forward  Month-Over-Month Performance of ICOs Up … Read more

ETH Round-Up: Parity Unfreeze Shot Down, Casper Code Made Public, Vitalik Slams Greedy Market Sentiment

A number of significant events have occurred pertaining to the Ethereum ecosystem in recent days. Last week, the code for the proposed first step of Ethereum’s technical transition toward the adoption of proof-of-stake mining, Vitalik Buterin made disparaging comments regarding 2017’s explosion in the initial coin offering (ICO) industry in an interview with Financial Times, … Read more

Hydro-Quebec Turns Down New Applications for Crypto Mining Operations

The premier of the Canadian province of Quebec, Philippe Couillard, has temporarily halted the approval of new mining operations partnering with the province’s state-owned power company, Hydro-Quebec. Also Read: Dutch Court Rules That Bitcoin Has “Properties of Wealth”  Hydro-Quebec Halts Approval of New Mining Operations From Offshore Applicants The company states that “Although [it has] a … Read more

Chinese Stock Exchanges Crack Down on Companies Falsely Claiming “Blockchain”

It appears that China’s stock exchanges are seeking to prevent companies from issuing misleading information in order to drive hype around blockchain technology – potentially influencing their share price. Also Read: China’s First Central Bank Governor in 15 Years Likes Bitcoin Blockchain Mania Sweeps China’s Stock Exchanges China’s Shenzhen Exchange has announced its intention to crack … Read more

Anecdotal Reports Suggest Google is Cracking Down on ICO Advertising

According to the anecdotal reports of several companies operating in the initial coin offering (ICO) industry, Google is taking steps to restrict the visibility of ICO advertising on its platforms. The reports come months after Facebook banned adverts promoting cryptocurrencies or ICOs on both Instagram and Facebook. Also Read: Bitcoin Sports Betting Site Under Investigation in … Read more

Market Tumbles as Bitcoin Price Approaches US$11,000

For some investors, these past 24 hours have represented a state of panic, as cryptocurrency markets are experiencing a major drawback after an explosive December and first half of January. With Bitcoin down over 20%, only one coin on the top 100 outside of Tether (USDT) has maintained its dollar value in the wake of … Read more