ICO Wrap – Initial Coin/Token Offering News Summary for May 29, 2018

ICO News | May 29, 2018 By:

Taylor Crypto Trading App Suffers Massive Hack, May Be Out Of Business

Cryptocurrecy trading app Taylor has suffered a massive hack that will likely put the company out of business, as almost all of its assets have been drained.

SEC Halts Alleged Fraud ICO From Titanium Blockchain That Has Already Raised $21 Million

The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S.

Crypto’s WankCoin Seeks To Solve Adult Entertainment Market Transaction Problems

Adult entertainment has long been known as a venue for emerging technology. Now, technology company Foshan, which spearheaded projects in online dating, webcam streaming and virtual reality in the multi-billion dollar sector, has dipped into the cryptocurrency market with the cheeky WankCoin,