With the surge of thousands of ICOs each month, and the unbelievable growth of the digital currency industry, the next coin in line is not other but the SatanCoin. The SatanCoin was created to serve no real purpose except for the fun part of ICOs and tokens. The web page states:"Damned are thy mortal coins".…
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Chaineum, the first French ICO boutique, and Lightyear.io, an organization that supports partner activities for Stellar, an open source blockchain network, have announced a partnership to collaborate in the ICO space. Through the partnership, Chaineum will use the Stellar network to support some of its upcoming ICOs. Founded by Laurent Leloup, an expert in blockchain…
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One of the greatest investors of all time, Warren Buffet, has now mentioned several times that Bitcoin is a "bubble", an asset that does not produce any long-term value. The "Oracle of Omaha" does not seem to be very optimistic about the future and intrinsic value of Bitcoin. Buffet has warned multiple times that the…
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The well established Russian agricultural company, Khokholskaya, decided to turn to digital currencies and an ICO to boost production. The upgrade will be used for the funding of a dairy farm. The company is going to release the MilkCoin. Since the demand in Russia is significantly high for dairy products and agriculture, there is a huge…
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During one of the biggest Ethereum hackathons, ETHWaterloo, the founder of Ethereum, Vitalik Buterin, shared his views on the current situation with tokens and ICOs. Buterin compared the potential fail of 90% of all ICOs, or initial coin offerings, with the 90% fail rate of startups. In his opinion, it is inevitable that a large amount of…
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In view of the absence of specific regulations governing all new fundraising activity based on cryptocurrencies and Blockchain technology, the French Autorité des Marchés Financiers (AMF) informed that it wishes to gather the views of stakeholders on the different means of supervision and launches a programme involving the support and analysis of these transactions, called…
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The Wolf of Wall Street, whose securities frauds were recounted in the film of the same name - where Jordan Belfort was portrayed by Leonardo DiCaprio - told the Financial Times that ICOs were “the biggest scam ever” and that they would “blow up [in investors’] faces.” It is the biggest scam ever, such a…
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The cryptocurrency market has exploded over the last two years, with almost 1600%, and for the last 12 months - with around 600%. That is tremendous growth, especially for Bitcoin that is heating up discussions and "worries" from governments around the world about its plausibility and future in numerous industries. According to cybersecurity expert, John…
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Russian Miner Coin raised $43 million through an ICO to create a “next-gen ecosystem for miners and investors,” challenging China in this field, reported East-West Digital News. Although the company had previously set a target of $100 million, the amount currently raised is a new record high for the Eastern European ICO market. According to…
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The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). Distributed Ledger Technology (DLT) has extraordinarily wide application to financial services and markets as a whole. Virtual tokens, at their…
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