Hidden cap is an unknown limit to the amount of money a team elects to receive from investors in its initial coin offering (ICO).

The purpose of a hidden cap is to even the playing field by letting smaller investors put in money, without the large investors forming an accurate understanding of the total cap and adjusting their investment as a result.

#hiddencap #ico #ido #cryptonews #token $ETH $SOL $ETH

In a surprising turn of events, an Ethereum ICO participant, dormant for over three years, has reemerged into the crypto scene, making waves by transferring a substantial amount of Ethereum (ETH). The whale, holding a hefty 20,000 ETH valued at approximately $42.4 million, orchestrated a series of transactions, raising eyebrows within the cryptocurrency community.The dormant wallet, silent since its participation in an initial coin offering (ICO) more than three years ago, recently came to life with a series of transactions that involved the movement of a significant amount of Ethereum to various destinations. One notable transfer included a 10 ETH deposit to the popular Kraken exchange, adding an intriguing layer to the whale's sudden activity.The revival of dormant wallets in the cryptocurrency space often sparks speculation and analysis, as the motives behind such movements remain a subject of interest. The sheer scale of the transferred assets, combined with the choice to deposit a portion on a prominent exchange like Kraken, has fueled discussions and theories within the crypto community.Experts and enthusiasts alike are closely monitoring the situation, attempting to decipher the potential reasons behind the whale's actions. Speculation ranges from profit-taking and portfolio rebalancing to a strategic move in response to evolving market conditions. The timing of the transactions, against the backdrop of a dynamic crypto market, adds an element of intrigue to the whale's decisions.The deposit of 10 ETH to Kraken has drawn particular attention, as exchanges often serve as gateways for large-scale trading activities. The move to initiate a deposit on Kraken could be indicative of the whale's intention to either liquidate a portion of their holdings or strategically position themselves for future trading opportunities.While the crypto community eagerly awaits further developments, it's essential to approach such situations with a degree of caution. The inherent volatility of the cryptocurrency market, coupled with the anonymity surrounding wallet holders, makes it challenging to accurately predict the motives behind large-scale transactions.This event serves as a reminder of the unique dynamics within the crypto space, where large transactions can swiftly capture attention and influence market sentiment. As the Ethereum whale's activities continue to unfold, the broader crypto community remains vigilant, ready to analyze and interpret the potential implications of this significant movement in the world of digital assets.In conclusion, the awakening of a dormant Ethereum ICO participant, transferring $42.4 million worth of ETH and initiating a deposit on Kraken, has sparked intrigue and speculation within the cryptocurrency community. As analysts and enthusiasts delve into the motives behind these transactions, the event highlights the dynamic and ever-evolving nature of the crypto market, where large movements can have a profound impact on sentiment and market dynamics.$ETH ~ #EthereumWhales #ico

The United States Securities and Exchange Commission (SEC) has fined Coinme, a crypto exchange, almost $4 million for allegedly issuing unregistered securities and making “misleading statements” about its UpToken (UP) cryptocurrency token. The SEC reached a settlement on April 28th with Coinme, its subsidiary Up Global SEZC, and their CEO, Neil Bergquist.The SEC alleged that the ICO of UP conducted between October and December 2017 was an investment contract under the Howey test and was an unregistered securities offering. The ICO raised around $3.6 million, which Coinme planned to use to expand its fleet of Bitcoin ATMs. UP holders were offered benefits such as discounted fees and a 1% cashback paid in UP when using the ATMs.Coinme partnered with Coinstar in January 2019 to use its cash-counting kiosks to facilitate cash-to-crypto transactions, effectively shutting down all of its own ATMs by July 2019. The SEC noted that there is no longer any use for UpToken, and its holders cannot use it to obtain the benefits that were described in the offering materials.The price of UP has dropped significantly since then, with its market cap also falling to around $50,000 and 24-hour trading volumes topping just over $180. Bergquist and Up Global also made “false and misleading statements” about the demand for UpToken and the amount raised in the offering, according to the SEC.The SEC claimed that Coinme sent 160 BTC, worth over $1 million at the time, to an Up Global wallet used to receive investor funds in the ICO. Up Global sent back around 14.5 million UP at a discount to Coinme, and the transaction “knowingly or recklessly” created the impression that a third party made a large purchase.The SEC also claimed that Bergquist negotiated a 500 Bitcoin round-trip transaction of UP tokens with an unnamed Hong Kong company, with Coinme borrowing the funds to purchase further UP at a discount. The transaction was used to create an impression of demand for the tokens.Up Global said Coinme’s purchasing of UP to fund its ATM rewards program would create constant demand for the token, but the SEC claimed that Bergquist and Up Global took steps before and throughout the ICO to obtain an UpToken supply that would substantially reduce Coinme’s need to purchase UpToken after the ICO for the ATM rewards program.The SEC imposed a $3.52 million penalty on Up Global, for which Coinme was also liable. The regulator also imposed separate penalties of $250,000 and $150,000 on Coinme and Bergquist, respectively, both of whom agreed to pay the penalties.In settling the charges, Bergquist did not admit or deny the regulator’s findings but was barred from acting as an executive of a public company for three years. Cointelegraph contacted Coinme for comment but did not receive an immediate response.The SEC has continued its crackdown on ICOs and cryptocurrencies over the past few years, with several high-profile cases resulting in significant fines and penalties. The SEC has emphasized that ICOs and other token offerings must comply with federal securities laws, including registering with the SEC or qualifying for an exemption.

nftstudio24.com

#security #sec #ico #uptoken

Stepping into the world of Crypto, besides encountering quality projects with high growth potential, you also inevitably face a reality that cannot be avoided, and that is the existence of scam projects. So, what is a scam? Let's find out!

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Stepping into the world of crypto, besides encountering quality projects with growth potential, you also inevitably face a reality that cannot be avoided: the existence of scam projects. The primary purpose of these projects is to lure investors to pour money in, after which the development team will abscond with the investors’ funds. Read the article below from @Àża 1  to understand what scams are and how to prevent them!
What is a Scam?

What Is A Scam
Scam is a term used to describe fraudulent actions, deceiving others to obtain money, personal information, or assets. There are various types of scams, including phone scams, email scams, phishing websites, or even direct transactions. Scams are often built to target the trust of others and can cause significant losses to the victims.
In the Crypto market, scams often refer to fraudulent activities related to coins. Scam coins may also be associated with fake exchanges, where users buy and sell cryptocurrencies but do not receive actual funds or cannot withdraw funds from their accounts after completing transactions. Scam coins pose a threat to the Crypto community, eroding trust and causing financial losses to those affected.
Common Scam Types in Crypto
Hack

Hack
Hack scams in the crypto world may include attacks on exchanges, seizing control of users’ accounts, and stealing cryptocurrencies. Attackers may also attempt to hack users’ wallets, using malware to steal personal information or cryptocurrencies.
Airdrop Scams
Airdrop scams are a common form of deception in the cryptocurrency community. Scammers create fake airdrops from promising projects and advertise them through social media channels or email, promising free tokens or high-value rewards. However, when users participate, they may have to provide personal information or even transfer cryptocurrencies to receive the rewards.
ICO Scams

Ico Scams
In this strategy, scammers create fake ICO projects and make promises about potential or promising projects within the cryptocurrency community. They often create attractive websites or advertising materials, promising high profits or attractive investment opportunities for investors.
Phishing Attack

Phishing Attack
Phishing attacks in the crypto world are a form of network attack designed to deceive users and take control or steal their personal information or cryptocurrencies. In phishing attacks, attackers typically use means such as email, online messaging, fake websites, or social media to make victims believe they are communicating with a trustworthy entity, such as a cryptocurrency exchange or an ICO project.
Ponzi Scheme

Ponzi Scheme
The Ponzi scheme in cryptocurrencies is a form of fraud, named after Charles Ponzi in the 1920s. In this scheme, fraudsters promise high profits to investors by paying from new money instead of from actual profits. Often through investment projects or fixed interest systems, investors are promised stable or large profits in a short period.
Rug Pull

Rug Pull
Rug pull is a common phenomenon in the world of cryptocurrencies, where projects or cryptocurrency transactions withdraw all or a significant portion of funds or liquidity without prior notice. This often happens after the project has attracted a large number of users or investors and creates a sense of security for them.
How to Recognize a Scam Project

How To Recognize A Scam Project
Unrealistically High Profit Promises: If a cryptocurrency project promises huge profits, far beyond the market or too attractive, it could be a sign of a scam.
Lack of Information about the Development Team: A cryptocurrency project with little or no information about the development team or the people behind it could be a red flag.
Fraudulent Advertising Methods: If a cryptocurrency project uses fraudulent or spam advertising campaigns to attract investors, it could be a sign of a scam.
Lack of Transparency: Projects that do not disclose information about token distribution or do not allow verification on the blockchain could be suspect.
Lack of Technology or Solutions Information: If a project does not provide detailed information about the technology or solution they are developing, it could be a warning sign.
8 Ways to Avoid Scams

8 Ways To Avoid Scams
Thorough Research on the Project: Never invest in a coin you don’t understand. Read the project’s whitepaper to understand its goals, technology, and development plans. Check if the project has a supportive and developing community.
Check the Development Team: The development team is the foundation of a successful project. Learn about the experience and work history of each member of the team. Consider their transparency and openness in sharing information about the project.
Check the Team and Community Support: An active community can be a positive sign for the project’s development. Join cryptocurrency forums and social media channels to learn opinions and feedback from the community.
Detect Warning Signs: Be cautious with cryptocurrency projects that promise unrealistically high profits or are overly attractive. Check if the project has a real product or application and consider the feasibility of the project’s goals.
Use Reliable Sources of Information: Don’t rely on news and information from a single source. Use reputable cryptocurrency news websites and join online communities to get an overall view and make accurate assessments. You can visit reliable information sites like CoinMarketCap to search for official links of each project.
Be Cautious with ICOs and IDOs: Initial Coin Offerings (ICO) and Initial DEX Offerings (IDO) can be good investment opportunities, but they are also significant risks. Check the terms and conditions of the ICO or IDO before investing, and don’t allocate a large portion of your investment capital to new projects.
Check the Exchange: Ensure that the coin is listed on reputable and influential #exchanges . Reputable exchanges usually have a careful selection process for listing coins.
Keep Personal Information Safe: Avoid sharing sensitive personal information with anyone, especially with non-transparent or unidentified projects. Be careful and keep your personal information safe.
Some Famous Scam Coins

Some Famous Scam Coins
Bitconnect (BCC): Bitconnect is considered one of the most famous scam coins in cryptocurrency history. The project promised high profits through investment in a lending and daily interest system. However, after a series of criticisms and suspicions, the Bitconnect system collapsed in 2018, causing investors to lose millions of dollars.
OneCoin: OneCoin was advertised as a promising cryptocurrency and considered the “new Bitcoin.” However, this project has been considered a fraudulent scheme by many countries and is one of the largest scams in cryptocurrency history.
LoopX: LoopX was an #ico project advertised as an automated trading system with high profits. This project attracted millions of dollars from investors before disappearing in 2018. Investors lost all their money, and there was no information about the development team or the actual technology of the project.
Conclusion
Above is all the information about what scams are and how to prevent being scammed when stepping into the virtual financial path. Scam coins pose a significant challenge to investors in the #cryptocurrencymarket , but it is not an insurmountable issue. By grasping knowledge and being vigilant, you can protect your investment from these threats. Most importantly, always prioritize safety and transparency when investing in any project. Always research thoroughly, check, and verify the accuracy of the information.
Reminder: Give a tip if this content help you with some knowledge to avoid scams.
#ETFvsBTC #BTC

Token generation event (TGE) adalah suatu acara yang digelar oleh perusahaan dengan tujuan untuk menghasilkan atau meluncurkan token di bursa populer. Konsep pelaksanaan TGE pada dasarnya hampir sama dengan ICO, yakni kampanye penggalangan dana.
Fungsi TGE pada Crypto
Mengumpulkan Dana
Pertama, fungsi token generation event (#TGE ) bagi perusahaan adalah untuk mengumpulkan dana dari investor. Melalui penyelenggaraan TGE, perusahaan akan memperkenalkan token sebagai sekuritas, dan selanjutnya berlaku konsep pertukaran sebagaimana halnya antara investor dan perusahaan.

Dalam hal ini, perusahaan akan memperoleh dana investasi dari investor dan sebaliknya, investor mendapatkan fitur kepemilikan dan hak suara atas proyek yang diselenggarakan perusahaan.
Menciptakan Komunitas
Tidak hanya mengumpulkan dana, fungsi kedua penyelenggaraan TGE bagi perusahaan adalah menciptakan komunitas yang memiliki ketertarikan terhadap proyek yang tengah dijalankan oleh perusahaan.
Dalam hal ini, semakin banyak investor yang tertarik untuk memberikan dana investasi mereka dengan membeli token yang diluncurkan, maka artinya semakin tinggi pula antusiasme mereka terhadap proyek yang dijalankan.
Hal tersebut juga berarti semakin luas pula skala komunitasnya.
Komunitas merupakan hal yang sangat esensial bagi proyek perusahaan. Adanya komunitas ini menjadi orientasi hasil yang menunjukkan seberapa sukses proyek yang dijalankan oleh perusahaan. Semakin besar skala komunitas investor yang terlibat, maka semakin tinggi potensi kesuksesan proyek tersebut saat diluncurkan.
Meningkatkan Awareness Proyek Bersangkutan
Penyelenggaraan TGE bagi perusahaan juga berfungsi untuk meningkatkan kesadaran (awareness) masyarakat tentang keberadaan token dan proyek yang tengah digarap oleh perusahaan.
Hal ini pula yang mendorong perusahaan untuk memilih platform atau bursa yang dianggap strategis pada saat melakukan listing token. Pasalnya, pemilihan platform atau bursa untuk pemasaran nantinya akan berdampak signifikan terhadap harga, reputasi, dan popularitas token di mata investor.
Tak hanya itu, TGE juga umumnya dilakukan perusahaan dengan mendaftarkan token di bursa terdesentralisasi (DEX) atau terpusat (CEX) yang populer. Hal tersebut dikarenakan pemasaran token, likuiditas, dan kemampuan pertukaran sangat mempengaruhi tingkat keberhasilan dan adopsi oleh investor.
Perbedaan TGE vs ICO
Terakhir, kita akan membahas tentang apa perbedaan token generation event (TGE) dan initial coin offering (ICO). Nyatanya, meskipun keduanya sering dianggap identik bahkan TGE kerap disebut sebagai metode penggalangan dana (crowdfunding) alternatif dari ICO, namun keduanya memiliki perbedaan yang signifikan. Perbedaan inilah yang mendorong beberapa perusahaan belakangan ini lebih memilih menyelenggarakan TGE ketimbang melakukan peluncuran token melalui #ico Apa saja perbedaanya?
Regulasi dan Aspek Perpajakan

Salah satu alasan utama mengapa banyak perusahaan mulai beralih dari ICO ke TGE adalah terkait permasalahan dalam regulasi dan aspek perpajakan. Dalam hal ini, regulasi biasanya menganggap ICO sebagai sekuritas sehingga akan dikenakan pajak. Lain dengan TGE yang tidak dianggap sebagai objek pajak karena tidak diperlakukan sebagai aset sekuritas.
Marketing dan Publikasi

TGE sendiri memainkan peran penting dalam publikasi dan marketing suatu proyek. Dalam hal ini, TGE bisa meningkatkan antusiasme komunitas investor secara konstan berikut minat mereka terhadap proyek tersebut.

Risk Disclaimer : Harga mata uang kripto memiliki risiko pasar dan volatilitas harga yang tinggi. Anda sebaiknya hanya berinvestasi pada produk yang Anda kenal dan memahami risiko terkait. Anda harus hati-hati mempertimbangkan pengalaman investasi Anda, situasi keuangan, tujuan investasi dan toleransi risiko dan berkonsultasi dengan penasihat keuangan independen sebelum melakukan investasi apa pun. Materi ini tidak boleh ditafsirkan sebagai nasihat keuangan. Kinerja masa lalu bukan merupakan indikator yang dapat diandalkan untuk kinerja masa depan. Nilai investasi Anda bisa turun dan naik, dan Anda mungkin tidak mendapatkan kembali jumlah yang Anda investasikan. Anda sepenuhnya bertanggung jawab atas keputusan investasi Anda.

According to multiple sources, including NewsBTC, Daily Truth Report, and CoinCodex, the price of Polkadot (DOT) has surged above the $4.50 resistance level against the US Dollar. If it clears the $4.80 resistance level, the price could surge towards $5.5. Inside #Bitcoins predicts that an increase above the channel could trigger intense buying to the resistance levels of $5.00, $5.20, and $5.40.
It is worth noting that #Polkadot is a sharded blockchain that connects several different chains together in a single network, allowing them to process transactions in parallel and exchange data between chains without sacrificing security. The $DOT token serves three key functions in Polkadot: providing governance for the network, operating the network, and supporting the networks.
The Polkadot #ico started on October 15, 2017, and ran until October 27, 2017. During the ICO, 5 million #DOT tokens were sold, representing 50% of the initial DOT supply (10 million tokens). The Polkadot price reached as high as $55 in November 2021. DOT’s price reached a peak of $6.30 shortly after it launched in May 2020, then wavered between $4 and $5 for the remainder of 2020. In May 2021, DOT’s price hit an all-time high of $49.80. During the Q4 bull run of 2021, DOT’s price hit another peak of $44.41 in October.

It is important to note that cryptocurrency prices are highly volatile and subject to change rapidly. Therefore, investors should always do their own research and exercise caution before investing in any cryptocurrency.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their research and make informed decisions.