Altcoins
DeFi Project, Polychain-Backed Paradigm Labs, Shuts Down For Lack Of Product-Market Fit
Disappointing moment for the DeFi sector as the ambitious DeFi liquidity project, Paradigm labs shut down Paradigm CEO believes capital constraints were at the heart of the decision to dissolve the company DeFi is set to grow in 2020 as more industries embrace its ability to boost operational efficiencies On March 10, 2020, decentralized finance […]
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Understanding the Tezos Ecosystem in Depth
Whenever the topic of blockchain and cryptocurrencies comes up, the word mining is bound to appear. This is, however, not always the case, as proven by Tezos, the unique blockchain network that does not support mining of its digital token known as Tez (XTZ) or Tezzie. Tezos rewards it, holders, with Tez for participating in […]
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IOTA Co-Founders Could Engage In Legal Battle Over Allegations of $7.7M embezzlement
On February 3, 2020, IOTA co-founder Sergey Invancheglo threatened legal action against fellow co-founder David Sønstebø, in a tweet accusing him of embezzlement. The rift reportedly involves an alleged 25,000,000 MIOTA, worth about $7.7 million at current prices. Sergey, popularly known as “Come from Beyond,” revealed that the accusation is connected with the funding for […]
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Uganda’s Dunamiscoins Directors Charged Over $2.7 Crypto Scam
On January 8, 2020, Ugandan news sources reported that a pair of suspects were charged over an alleged crypto scam that defrauded 4,000 Ugandans out of $2.7m. Samson Lwanga, 37, and Mary Nabunya, 53, appeared in court on January 6 and were charged with 65 counts tied to obtaining money by false pretense, according to […]
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Telegram Dodge a Bullet as US Court Declined SEC’s Motion for Them to Disclose Bank Records
On January 6th, 2020, the US District Court for the Southern District of New York issued an order to dismiss SEC’s court order seeking to compel Telegram to explain how funds generated from an Initial Coin Offering (ICO) have been spent. This year started on the wrong foot for Telegram, as the SEC requested the […]
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Muir Glacier Hard Fork
Ethereum Block Times Reduced By 25% Following Muir Glacier Hard Fork According to recent statistics, Ethereum block time is said to have dropped by 25 percent after the Muir Glacier hard fork. Data reported on ETH block explorer “Etherscan” shows that from Jan. 1 to Jan. 4, 2020, the daily average block time on the […]
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VeChain buyback address compromised for 1.1 billion VET
VeChain Foundation Announcement: December 13, 8:27pm (UTC+8), the VeChain Foundation buyback address was compromised. Approximately 1.1 billion VET tokens in this address were transferred into 0xD802A148f38aBa4759879c33E8d04deb00cFB92b, the hacker’s address. All the addresses associated with the said hacker’s address have been tagged on VeChainStats, the list is automatically updated as soon as the hacker sends any […]
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China Releases Latest Crypto Ranking – Chinese coins dominate once again
The Center for Information and Industry Development (CCID) established by China’s Ministry of Industry and Information Technology has released its fifteenth crypto ranking report. The latest edition of the highly inconsisten rankings sees Chinese coins dominating the charts once more with EOS (1st), TRON (3rd), NULS (4th), Lisk (5th), NEO (6th) and BitShares (8th) all […]
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Matic pump and dump or exit scam via Binance?
Today we awoke to see an epic dump from Matic which within an hour dumped from $0.043 down to $0.011. The coin currently sits at just under $0.02 following a brave recovery from the epic drop. One could predict this is the calm before the storm where the token takes another large scale drop. Matic […]
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Smartlands Expand into the U.S. Whilst Planning For Security Token Offering
Security token platform Smartlands plans to tokenize their Holding company, Smartlands Holding Ltd., and for the first time, offer shares tokenized on the Smartlands platform to U.S investors. Valued at about $28. 6M, Smartlands will make 3.5% of its equity stake available to investors worldwide, including accredited investors in the U.S. This means that Smartlands […]
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