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ICO LIST - ICOLINK.COM

CRYPTOCURRENCY & ICO NEWS || BLOG || ICOLINK

Here we publish the latest news about Cryptocurrencies, Blockchain Technologies and ICOs

In less than two months in 2018, ICO projects raised $ 2 billion

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In less than two months in 2018, ICO projects received $ 2 billion in funding, while for the entire 2017, the total amount invested in the initial placements of tokens was $ 5.7 billion. However, as the structure of these sales is now more and more focused on large investors, ordinary users had to try to take part in buying tokens and get benefits from it. The data show that 84% of all ICO fees this year were received from large investors and during preliminary sales of tokens. When the method of collective financing only appeared in the cryptocurrency industry, it was a democratic way of raising funds, helping to unite the emerging crypto-exchange community. However, in 2018 the situation seems to have changed.

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Hackers used Tesla cloud servers for mining

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The American company Tesla, the manufacturer of electric vehicles and power storage solutions, became a victim of hackers: having found a vulnerability in the Tesla account on Amazon, scammers got access to the cloud infrastructure of the company and used its resources for the cryptocurrency mining. The hackers found the company specializing in cyber security company RedLock. Hackers took advantage of a vulnerability in the Kubernetes service available from the Internet due to lack of password protection, which contained information for accessing the Tesla cloud store in the Amazon Web Service.

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Tezos project plans to release tokens in the next few weeks

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At the Cyber Days conference held on Sunday, co-founder of the Tezos blockchain project, which raised a record $ 232 million, Kathleen Breitman said the project is preparing to release tokens: "We plan on releasing the token and going rogue in the next few weeks. We're able to release the token on our own terms. For awhile I felt like I was being 'gaslit,' but then I unburdened myself of the morality of it. Things needed to move forward. It's unfair, but we need to ship the code".

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South Korea will support the "normal" cryptocurrency trade

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South Korea, it seems, is softening its position regarding the trade in cryptocurrencies. According to Yonhap News, Choe Heung-sik, head of the Financial Supervision Service, said that the government "will support crypto-trade in the performance of normal transactions." Cho also said at a meeting with representatives of crypto-exchanges that the government would "encourage" banks to work with stock exchanges.

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$ 850 million already invested in Telegram ICO (GRAM)

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ICO messenger Telegram, has not yet officially begun, but already set an absolute record on the size of the collected investments. Founder Telegram Pavel Durov reported to the Securities and Exchange Commission (SEC) about attracting of $ 850 million from 81 investors. According to reports, two companies registered in the British Virgin Islands – "Telegram Group Inc." and "TON Issuer Inc.", managed by the brothers Pavel and Nikolay Durov, provided the placement of securities. The receipt of investments began on January 29 and ended on February 13, with the amount of applications received exceeded the planned amount by more than 6 times: instead of $ 600 million, investors expressed a desire to invest $ 3.8 billion in a messenger and payment network on the TON project. As a result, applications for $ 850 million were approved.

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