Tag: ICO

Developing an ICO Project in Russia Can Cost as Little as $1,500

Crowdfunding The average cost to develop an ICO job in Russia is hovering around $18,000 USD however the cost can go down to as small as $1,500, according to a study that investigates the market for these services. The hourly fee for a blockchain programmer is averaging a bit over $44, the writers discovered after […]

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Michelle Mone’s ICO Ends in Disarray as Equi Capital Fiasco Turns Ugly

Crowdfunding Equi Capital’s ICO has ended in acrimony, with bounty hunters claiming to have been given a pittance of what they had been promised. The project is directed by Baroness Michelle Mone, that describes himself “one of the United Kingdom’s most celebrated entrepreneurs”. The fallout sheds light on the plight of low income workers who […]

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Judge Issues Default Judgment in ICO Fraud Lawsuit

CORRECTION (8/16/18): This article has been amended to reflect that the default judgment named Monkey Capital LLC and Monkey Capital Inc., not Daniel Harrison. CoinDesk regrets the error. A federal judge ruled against a blockchain startup after finding that several victims were defrauded out of potentially more than $1 million in cryptocurrencies. U.S. District Judge Donald […]

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Notes From the Brink: Reasons Behind the Crypto Bear Market

Crypto is notoriously a “tough neighbourhood,” as even evergreen Bitcoin bull Tom Lee has put it. After per week wherein double-digit losses wreaked havoc on many high-profile cryptos, and Bitcoin (BTC) momentarily fell by means of the $6,000 assist, pitiless bearish sentiment has been circling, with some accusing the highest coin of being “exhibit A” […]

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Thai SEC: Only Seven Crypto Firms Authorized to Legally Operate in Thailand

Regulation The Thai Securities and Exchange Commission (SEC) has announced the names of seven cryptocurrency companies which were licensed to lawfully operate in the nation. Five of these are crypto exchanges; 2 are cryptocurrency traders. The Thai SEC has declared the names of those cryptocurrency companies which were approved to run in the nation while […]

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