Bitcoin’s 40+ Struggling Hard Forks Show Industry Has ‘Moved On’

Bitcoin now has over 40 hard forks resulting in spin-off tokens, new research reveals, while sentiment suggests most will suffer the fate of most historical altcoins. Bitcoin’s ‘Moved On’ From Hard Forks Being a ‘Bitcoin maximalist’ may not be as crazy as you think. In the latest installment of its market research, Hong Kong based trading platform BitMEX identified 42 struggling tokens, which “seem to have forked away from Bitcoin.” All coming after the network’s first

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New Study: 20% of ICOs Are Scams, But Investors Aren’t Fazed

Initial Coin Offerings (ICOs) have become the hottest way of raising capital, but at least one in five has turned out to be a scam, according to a new study. 1 in 5 ICO Projects are Scams The number of Initial Coin Offerings (ICOs) has gone through the roof throughout the last year as their underpinned technology, the blockchain, received mass media exposure and starts to see widespread adoption. Yet, being comparatively easy means of

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More Crypto Exchanges Set up Shop in India Despite RBI Ban

Despite the RBI ban, there are reports of more cryptocurrency exchange platforms springing up in India. The country’s apex bank issued a directive in April prohibiting banks from facilitating crypto transactions. New Local Exchange Platforms Beginning in July, India’s banks must comply with the RBI crypto ban. However, just two days after the proclamation, CoinDCX announced that it was beginning operations in the country. The platform will even provide trade tracking services for Indians in rupees.

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US Securities and Exchange Commission Launches ‘HoweyCoins’ ICO

In a surprising turn of events, the US Securities and Exchange Commission has launched its own initial coin offering dubbed HoweyCoins. ‘A Hot Investment Opportunity’ Anyone looking for a hot new initial coin offering (ICO) should look no further than the US Securities and Exchange Commission’s brand new token sale for HoweyCoins. States the regulatory authority in an official press release: If you’ve ever been tempted to buy into a hot investment opportunity linked with

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Blockchaineum 2.0 Conference Unveils Agenda & Speakers

The full agenda and speakers have been revealed for Blockchaineum 2.0 conference that will be held on May 23 in Budapest, Hungary. Biggest Blockchain Event in Central Europe Blockchaineum 2.0 is the largest dedicated Blockchain event in central Europe that will be held on May 23rd in Budapest, Hungary. Powered by sponsors Bitcoinist, Exolite and Shinrai, the event will focus on solutions from leading national and international players of the blockchain industry through innovative projects while

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Venezuela Leverages Russian Bank Stake To Bypass US Petro Sanctions

Venezuela is taking advantage of its 49% stake in a Russian bank, and using it to skirt US sanctions on its cryptocurrency Petro, according to reports. Buy Petro For €1k At Moscow Bank As the Associated Press (AP) reported May 14, Evrofinance Mosnarbank has become the only international partner willing to accept investments for purchasing Petro, which allegedly raised $5 billion during its ICO. The move reflects the continued involvement on Russia in the story

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