A cryptocurrency startup named LoopX has pulled an exit scam after collecting around $4.5 million from users during an ICO (Initial Coin Offering) held for the past weeks.
Hundreds of users fell victims to email scams over the past week, sending over $1 million worth of Ethereum to a scammer who sent fake emails posing as the Bee Token ICO (Initial Coin Offering).
The US Securities and Exchange Commission (SEC) has taken action against the fourth Initial Coin Offering (ICO) in the past four months, effectively signaling the end of an era on the cryptocurrency market where shady ICOs have dominated this year's news cycle.
Hackers disrupted the Etherparty ICO (Initial Coin Offering) after they hijacked the platform's website on Sunday and displayed their own Ethereum address, tricking some ICO participants into sending funds to the wrong wallets.
Bitcoin price took a huge fall on Friday after Caixin, a Chinese financial magazine, reported that Chinese Central Bank officials are working on rules to ban the trading of Bitcoin and all other cryptocurrencies on Chinese exchanges.
An unidentified hacker (or hackers) has taken control of the Enigma Project website, Slack channel, and mailing list, and tricked users into sending funds to a wrong Ethereum account.
Veritaseum has confirmed today that a hacker stole $8.4 million from the platform's ICO on Sunday, July 23. This is the second ICO hack in the last week and the fourth hack of an Ethereum platform this month.
An unknown hacker has taken over the official website of the CoinDash platform and modified an Ethereum wallet address during the company's ICO (Initial Coin Offering).