Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June The post Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding appeared first on CCN

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Dan Larimer Releases Draft Proposal of New EOS Constitution

After proposing that the EOS project scrape its original Constitution, as CCN reported earlier today, Daniel Larimer, the creator of EOS, has now released a revised proposal. In the blog release, Larimer clarifies the premise “Code-Is-Law” as it relates to arbitration bodies. When 21 block producer’s froze several EOS accounts one week after the mainnet The post Dan Larimer Releases Draft Proposal of New EOS Constitution appeared first on CCN

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Cryptocurrency Market Drops to $241 Billion, EOS Takes a Huge Beating

From $260 billion to $241 billion, the valuation of the cryptocurrency market has dropped by over $19 billion in the past 24 hours, as major cryptocurrencies including bitcoin, Ethereum, Ripple, Bitcoin Cash, and EOS fell by large margins. For a third day in a row, EOS, the delegated proof-of-stake (PoS) network based on the Ethereum The post Cryptocurrency Market Drops to $241 Billion, EOS Takes a Huge Beating appeared first on CCN

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Pump and a Ponzi? Bithumb Criticized For Prematurely Listing a Cryptocurrency Created by its Developers

Earlier this week, Bithumb, South Korea’s second-biggest cryptocurrency exchange – behind UPbit – that is known for its rigorous verification process for new cryptocurrencies, announced the airdrop of Popchain, a cryptocurrency which the global community has not heard about previously. Two Weeks Into Development Hankyung, one of the leading mainstream media outlets in South Korea, The post Pump and a Ponzi? Bithumb Criticized For Prematurely Listing a Cryptocurrency Created by its Developers appeared first on CCN

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EOS Price Soars 30% as Airdrop Nears amid Wider Market Rally

The EOS price leaped by more than 30 percent on Wednesday, headlining a rally that saw the cryptocurrency market cap swell by more than $6 billion. EOS Price Headlines Market Rally with 30 Percent Surge On Wednesday, the EOS price exploded by an eye-popping 33 percent, outpacing every other top 100-cryptocurrency. At present, EOS is The post EOS Price Soars 30% as Airdrop Nears amid Wider Market Rally appeared first on CCN

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