After raising $4 billion through a record-breaking token sale, the Block.one team now claims that they have solved the scalability issue, leading the EOS-based platform to be the most scalable and highest performing blockchain platform in the world. The claims regarding Block.one’s ultra-high performance come just months after the platform first went live and closely…
The People’s Bank of China (PBoC) has issued a new warning to citizens regarding investments in initial coin offerings (ICOs) and cryptocurrencies, amidst reports detailing how Chinese citizens were bypassing the cryptocurrency restrictions. This latest warning comes more than a year when China’s central bank first released their unprecedented ban on ICOs. In the notice,…
As funding for ICOs drops amidst a regulatory crackdown by the US Securities and Exchange Commission, investors are turning to a new type of cryptocurrency investment vehicle in order to invest in projects: security tokens. ICO Fervor Wanes Following the surge in the ICO markets that occurred towards the end of 2017 and into 2018,…
The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes as the U.S. government and regulatory agencies step up their crackdown on cryptocurrency-related…