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In the race to be the world's crypto capital, European countries are crushing peers in the US and Asia. The value of "token sales" in Europe is about $4.1 billion, far above the $2.6 billion in the US and $2.3 billion in Asia.
Ethereum is closely intertwined with initial coin offerings (or ICOs). Monday's decline comes as hundreds of those projects cash out of the digital ledger network after propping it up through thousands of fundraisers on the ethereum blockchain in the past year, Bloomberg reported.
Scandal-hit political consultancy firm Cambridge Analytica offered itself for sale to more than 18,000 parties after going into administration. A report filed to the UK's Companies House outlines how administrators tried to drum up as much cash as possible by selling the company.
A company targeted at new mothers is facing a fine for selling data to Labour for its general election campaign
The Information Commissioner's Office (ICO) said it planned to fine Emma's Diary £140,000 for selling information about its users illegally to data broker Experian for use by the Labour Party in its general election campaigning.
It would take Facebook just 18 minutes to pay off its £500,000 fine for the Cambridge Analytica scandal
Calculations by Business Insider show that Facebook makes such huge profits that the fine is little more than a drop in the ocean, and could be offset by normal business in less time than it takes to eat a meal.
The UK’s privacy watchdog has fined Facebook £500,000 — the maximum amount — over Cambridge Analytica
Facebook is being fined the maximum amount possible after being accused of breaking the law twice over the scandal.
Gorgeous women, Vladimir Putin, and fluffy buzzwords: 6 clues the blockchain project you’re thinking about investing in is a scam
"Sometimes they'll use models to make fake LinkedIn accounts. When you go to check out who's involved in the company, you'll see photos of all of these beautiful people."
Steve Bannon, President Donald Trump's former chief strategist, invested in bitcoin and is considering a slew of cryptocurrency ventures including a possible ICO for a "deplorable coin."
A $4 billion dollar cryptocurrency startup gave a hacker $120,000 to fix its ‘buggy, flawed’ technology days after launch
The biggest token raise in history is having some troubling issues with its product's core technology, says a man who found several bugs in Eos's source code.
This woman made a business out of hooking up cryptocurrency holders with yachts and $4 million cars — now she’s launching a currency named...
Elizabeth White trades cryptocurrencies in for luxury cars. Now, she's launching a "stable coin" to facilitate even bigger deals.