ICO

The co-founder of a fraudulent ICO project that duped more than $25 million from investors, Sohrab Sharma, has received a sentence of eight years in prison for his role.The project itself, dubbed Centra Tech, was previously backed by several celebrities, including the boxing legend Floyd Mayweather and the producer DJ Khaled.Centra Tech Co-Founder Behind Bars for 8 YearsFounded in 2017, Centra Tech marketed itself as a debit card provider that supposedly allowed purchases with...

[Featured Content]Cryptocurrencies are growing in popularity as the market has entered a parabolic state, attracting more investors by the day.This is true for both retail and institutional participants as the interest from both is skyrocketing. As CryptoPotato reported earlier in February, “buy crypto” searches on Google have reached a new all-time high record and it continues to grow.With the above in mind, CoinLoan is a comprehensive platform that offers a variety of tools targeted at...

[Featured Content]The cryptocurrency industry is booming throughout the past year, and the increase in the total market capitalization is definitive proof.The market is, at the time of this writing, valued at about $1.5 trillion. The same can be said about the DeFi industry. The total value locked in various protocols exceeds $39 billion, and the direction has been up only for quite some time.However, this has also brought certain inefficiencies in different solutions, including Ethereum....

[Featured Content]Cryptocurrency trading is growing in popularity as the interest in digital assets, especially in Bitcoin, has skyrocketed over the past few months.This doesn’t come as a surprise, given its parabolic increase. After all, Bitcoin’s price reached almost as high as $60,000. Moreover, various institutional funds started considering the opportunity behind BTC while major public companies already jumped on the bandwagon.The latest to do so was Elon Musk’s Tesla. The company...

[Featured Content]The field of decentralized finance (DeFi) is booming over the past year. There are hundreds of decentralized apps (dApps) built on top of a multitude of networks, with the predominant currently being Ethereum.In fact, the industry has expanded so much that it’s even hard to comprehend the magnitude. Last year at around this time, there were less than $600 million locked in various DeFi protocols, where the total TVL right now is around $40 billion. There’s a clear demand for...

[Featured Content]The Gleec team recently announced the launch of a new top-up Visa cryptocurrency card and accompanying beta version of the Gleec card app.Both products allow users to request virtual and physical Visa crypto cards, load digital assets and transact with a cryptocurrency of choice in more than 170 countries along with over 40 million retailers.Physical Gleec Visa cards feature a modern, high-end design and stand apart from other offerings in the space by functioning completely...

[PRESS RELEASE – Please Read Disclaimer]After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts.With all the issues that came with bank services, no wonder people are so hyped over the idea of crypto payments – which provide users with data and financial security.Tokenization got its spotlight due to all the solutions they offer in...

After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts.With all the issues that came with bank services, no wonder people are so hyped over the idea of crypto payments – which provide users with data and financial security.Tokenization in particular got its spotlight due to all the solutions they offer in terms of fair payments, loans,...

[Featured Content]At this point, it’s undeniable that the cryptocurrency market is becoming a factor to be considered as digital currencies, in general, boom in value.This has also caused the interest in them to spike tremendously over the past few months, as more and more people are looking for means to buy, sell, and hold cryptocurrencies. This is clearly supported by data from Google Trends. As CryptoPotato reported earlier, retail interest is soaring as ‘buy crypto’ Google searches...

[Featured Content]The Unicrypt network is pioneering the field of DeFi with an innovative approach to establish user trust. The platform works in tandem with liquidity pools on Uniswap to reward yield farmers while facilitating startup projects to launch swiftly and successfully.Unicrypt utilizes its UNCX token as a means for developers to pay fees and access presales in advance. Unicrypt currently has $94.57 million in liquidity locked across 2700 liquidity lockers, well-known projects such...