Smart Valley launches an ICO

Smart Valley - a decentralized platform for project assessment and development - has announced the start of its ICO. The token sale, which started on May 14, is the first ICO of a Russian project conducted in full compliance with Swiss law. Switzerland is the first Western European country to develop a clear legal framework for ICOs. The token sale…

Continue Reading

Ads Coming to Facebook Stories

Here come the ads within Facebook Stories. With 150 daily users, Facebook has made the decision to begin testing ads within Stories, and while they aren't clickable now, they will be soon.  With Stories about to surpass News Feed postings, this move comes just in time for Facebook to take more advertising money away from Snapchat. Users in the US, Mexico and Brazil…

Continue Reading

ICO Funding for May up 200%

The month of May has already seen over $560 million in ICO funding, despite having less overall deals taking place.  While the figure may seem pretty puny when compared to the $3 billion raised in March 2018, we still have a couple of weeks to go in the month. In addition, ICO funding for May 2018 has already seen a raise…

Continue Reading

Founders of Centra Tech ICO Indicted for running Fraudulent ICO

The three co-founders of the ICO Centra Tech have been formally indicted for running a fraudulent ICO, according to a statement from the U.S. Department of Justice. All three are facing charges of securities fraud, wire fraud and two conspiracy counts. The defendants, Sohrab Sharma, Robert Farkas, and Raymond Trapani,  raised $32 million from investors in 2017. They apparently misled investors by falsely claiming that their company…

Continue Reading

SEC Launches Fake ICO to Educate People on Fraud

You have to give them credit, the SEC is at a minimum becoming more entertaining. The Office of Investor Education and Advocacy at the US Securities and Exchange Commission has launched a fake ICO site,  according to a press release on May 16. The fake site, HoweyCoins.com, is supposed to represent a fraud ICO which even comes with a fake whitepaper and guaranteed investment returns.…

Continue Reading