PR: GymCoin Announces First Fitness ICO That Allows Digital Currency to Be Accepted at Gyms Worldwide

GymCoin has positioned itself to change the landscape of the fitness industry by offering a global platform that will allow users to pay gyms, dance studios, personal trainers, supplement stores, and health apps using digital currency. This one of kind Pre-ICO Sale offers investors the chance to get in before the GymCoin token hits the … Read more

Benebit ICO Does a Runner with $2.7 Million of Investor Funds

Benebit, one of this year’s most hyped ICOs, has pulled an exit scam, making off with a reported $2.7 million of investor funds. Other estimates put the figure as high as $4 million. The fraud only came to light after someone noticed that the team photos had been stolen from a school website. Once the … Read more

SEC Chairman Signals a Storm Coming for Fly-by-Night Blockchain ICOs

There may a storm brewing for shady companies intent on jumping on the blockchain bandwagon. Startups with no working product seeking to raise millions, or traditional companies rebranding themselves as blockchain connoisseurs are liable to attract the ire of the U.S. Securities and Exchange Commission. In a speech delivered in Washington on Monday, SEC chairman … Read more

Everyone’s Talking About Blockchains But Hardly Anyone’s Using Them

We live in an era in which everything is on the blockchain and there’s a blockchain for everything. From bananas to sex, there’s a token for that and a blockchain to match. There are now over 600 blockchains in existence, with dozens more dreamed up every month via ICOs. Given the current craze for all … Read more

New Research: 10% of Funds Raised in ICOs Lost or Stolen

Close to $400 million USD raised from initial coin offerings have been lost or stolen, a new research has found. The embezzled funds constitute more than 10% of what had been collected for the projects covered by the study. Meeting fundraising goals is getting harder for companies conducting new ICOs. Also read: Hackers Steal $400k … Read more

What Is a JOBS Crypto Offering?

Most people in the cryptocurrency industry are familiar with the ICO concept. An initial coin offering allows companies to raise money by issuing a native token which may appreciate in value over time. It now seems a new business model has emerged which is known as a JCO. The JOBS Crypto Offering is a very interesting … Read more

Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid”

The drama from Tezos just keeps coming. A top attorney in the cryptocurrency space, once involved with setting up the Tezos Foundation, has issued sharp cautionary notes for those who wish to dabble within the burgeoning initial coin offering (ICO) market.  Also read: Samourai Wallet Introduces Bitcoin via SMS Text Message for Censorship Resistance Swiss foundation … Read more