November 4, 2024 at 02:40 PM GST updated: November 4, 2024 at 11:09 AM 2 mins read News Early wealth accumulation by founders often leads to the collapse of crypto projects. Founder-controlled tokens with poor decentralization contribute to unsustainable crypto growth. 72% of crypto projects failed since 2020, highlighting major flaws in tokenomics and project…
October 10, 2024 at 03:45 AM GST updated: October 9, 2024 at 01:27 PM 2 mins read News The top 5 ICOs cover gaming, IoT, project initiating, digital payments solutions, and smart economy platforms. Every ICO provides its technological solutions, starting from IOTA’s Tangle and ending up with NEO-friendly regulations smart contracts platform. These ICOs…
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics…
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder…