Blockchain 

TRON (TRX) Drops After Meeting Between Warren Buffett & Justin Sun Fails

TRON (TRX) has enormous potential, but in the last 24 hours, things have been rough, and the altcoin dropped by over 22%. The drastic drop is a result of the latest developments that involve Justin Sun and the botched lunch with Warren Buffett. Botched Lunch Meeting Hurting TRON Price Most of the time, the value of altcoins drops when Bitcoin price is also dropping. Although it is sometimes hard to ascertain why the value of Bitcoin is declining, when it comes to altcoin dips, things tend to be more clear.…

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Blockchain 

Crypto Exchange Blockport Bankrupt After STO Fails to Meet Expectations

Amsterdam-based crypto exchange Blockport is facing uncertainty and has declared bankruptcy after its security token offering (STO) failed to meet minimum expectations, ending up in disaster. Blockport Files for Bankruptcy After STO Failure Between April 16 and May 15, Blockport launched a token sale in which the exchange sought to raise $5.62 million, but things didn’t turn out as planned. The company’s Chief of Product and Founder Sebastiaan Lichter announced last month through a blog post that the STO project failed to hit its soft cap of $1.13 million. Shortly after,…

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Blockchain 

JPM Coin Fails to Impress Ripple’s Brad Garlinghouse… Again

Ripple CEO Brad Garlinghouse has spoken out about JPM coin once again. This time, he gave the major US bank some praise for its new venture. Garlinghouse participated in a fireside chat yesterday at the 4th annual DC Blockchain Summit in Washington D.C. where he further discussed his views of the new bank coin. Brad Garlinghouse and JPM Coin DC Blockchain Summit March 6th 2019Brad Garlinghouse talking about JPM Coin#xrp #ripple #xrpcommunity #crypto #blockchain #xrpthestandard #0doubt #xrparmy pic.twitter.com/J2H1FZh2wu — ༜༝🅂🅃🅄🄰🅁🅃🅇🅁🄿💧⚡ (@stuart_xrp) March 6, 2019 In the chat yesterday, Ripple’s CEO…

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Cryptocurrency 

Fake Bakkt Website Emerges but Fails to Scam Crypto Investors

A new Bitcoin (BTC) scam website has emerged. Back in 2017, when the cryptocurrency market hit mainstream news, scam sites began blowing up. Since everyone was so desperate to get their hands on digital currency or invest in a project that could give them 10X the return, the scammers often won. Now, cryptocurrency investors are much more cautious, and this new fake Bakkt website was easily identified. Fake Bakkt Website Caught In August of 2018, the Intercontinental Exchange (ICE) announced Bakkt would be launched in late-January 2019. ICE currently operates…

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ICOs 

Token Sale Fails | Why Some ICOs Don’t Have a Chance

Last year was quite a run for cryptocurrencies. Led by a crazy run by Bitcoin but also boosted by ICO funding craze. The media kept the eye-popping amounts some of these companies were raising via token sales in the headlines which created a feeding frenzy that hasn’t really slowed down yet. To many, it certainly must have seemed like a quick, easy way to raise funding. The reality is that it’s difficult and very expensive to run a successful ICO, and with each passing month, it gets even tougher. Fortune…

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