Jimmy Wales, founder of Wikipedia expressed his opinion on the modern financing of business projects using ICO, calling such methods "fraudulent." In an interview with the American CNBC television channel, he said that he believes that many projects that use ICO to finance their projects by selling their tokens are "absolute fraud". There are quite a few of these primary placements of coins, which, in my opinion, are absolute fraud, and people should be very cautious about things happening in this area, said Jimmy Wells.

One of the participants in the hip-hop group Wu-tang Clan, Ghostface Killah, seems to be connected to a venture crypto-cash company that wants to raise $ 30 million with its Cream token to finance a network of crypto-ATM ATM terminals. Ghostface Killah will assume the role of the chief branding specialist within ICO Cream, which seeks to raise $ 30 million. In a recent interview, Brett Westbrook, CEO of Cream Capital, said: Its efficiency will create a structure, thanks to which crypto-currencies will become closer to ordinary people. Both met at Reddit during a special session during which users can ask questions and communicate with a certain person, in this case it was Ghostface Killah.

Representatives of the Swedish government for the first time settled the repayment of debts with the help of bitcoin. This is the first time when law enforcement bodies officially accepted bitcoin as payment of arrears to the state.
One of the employees of Kronofogden (Swedish Bailiff Service) noted that bitcoin is a new asset that provides his organization more opportunities to resolve various issues and problems. Bitcoin is an alternative method of payment for citizens.

The position of China against public crypto-currencies is becoming more aggressive. But perhaps it has strategic rationale? For example, "clearing" the market for the introduction of state crypto currency, controlled by the People's Bank? Director of the Digital Currency Research Institute, created under the People's Bank of China, Yao Qian, very clearly outlined his vision of this issue in his statement at a meeting organized by the International Telecommunication Union.

The Ethereum Foundation confirms that the planned hardfork will be activated on the block 4 370 000, which will be produced, roughly, on Monday October 16, between 12:00 and 13:00 UTC (16:00 to 17:00 Moscow time). The same hardfork was activated in the test network Ropsten on September 19 on the block 1,700,000. The countdown timer can be viewed here. To date, in the Etherium, there have already been four hardfork, and only one of them led to the creation of an alternative blocker Ethereum Classic. Given that Byzantium is included in the development plan of the Etherium since 2015, it is unlikely that there will be problems with the update. Byzantium can be considered as a conservative update, which will include 9 proposals for changes (EIP - analog BIP) in the platform. The essence of the change is that they need to make the platform easier and faster, improving the speed of transactions, the security of smart contracts and, possibly, confidentiality.

Air France KLM, a holding company that owns one of the largest airlines in the world, intends to test the technology of blockade and decentralized applications to automate the chain of aviation supplies.
The webinar, which was attended by Microsoft and the software company Ramco Aviation, the head of the innovation department of Air France KLM James Kornberg (James Kornberg) spoke about the company's plans to explore the potential of blockade technology, as well as options for the use of decentralized technology for the chain of aviation supplies.

Today's growth of bitcoins above $ 5,000 again returned the world's first crypto currency to the dominance of capitalization in the crypto currency market, which in the course of 2017 was seriously shaken. In the summer months, due to the sharp increase in the popularity of ICO, the capitalization of the Ethereum and other major altokones has grown significantly, and the rate of their growth is much more than the growth of bitcoin. Therefore, in May, the Index of Bitcoin's dominance by the Coinmarketcap version fell below 50%, and in June briefly even fell below 40%.

ICO Etherparty briefly became a victim of a cyber attack, as a result of which some investors sent their funds to the attacker's address. The blocking startup Etherparty launched its ICO campaign to raise funds for the implementation of the platform for the development of smart contracts on October 1. According to a blog post, the attacker successfully entered a fraudulent purse address on the Etherparty website about 45 minutes after the start of the ICO. The team noticed the violations almost immediately, and within 15 minutes the site was disconnected. Offline site was about 90 minutes, during this time the team rebuilt it and transferred to a new server.

In the United States, tokens issued under the ICO were equated to release of ordinary shares. Now, issuers will need to register for the issue of virtual shares. The decision of the regulator will make it difficult for investors in the US market to invest in the crypto currency, but the organizers of ICO will have to seriously assess the risks that can reduce the number of fraud cases.

The tenth part of the Ethereum crypto currency invested in the ICO was stolen by fraudsters who used phishing sites and social network accounts for this. The amount of cyber-theft is already approaching the amount of funds stolen by the usual way. Participation in the initial placement of the tokens (Initial Coin Offering - ICO) on the Ethereum blockbuster platform (crypto currency ether) assumes that in one of ten cases a participant will become a victim of fraud. This is reported by Bloomberg.