South Korea to Prolong ICO Ban

Watchdog believes investments in ICO are “extremely risky” and isn't going to lift the ban
01 February 2019   334

The Financial Services Commission of South Korea (FSC) has announced its refusal to lift the ban on conducting campaigns on initial coin offers (ICO) conducted by cryptocurrency projects. This is reported by CoinDesk.

Representatives of the regulator said that investments in ICO are “extremely risky” and called on the public to exercise extreme caution when investing in projects that offer tokens.

It is reported that the decision was taken on the basis of a survey conducted by the Financial Supervision Service of South Korea.

It's data show that some ICOs that were conducted outside South Korea illegally attracted funds from local investors.

Binance to Conduct Unplanned BTT Airdrop

"One tester inadvertently clicked an airdrop button for BTT" as head of the exchnage reported
20 February 2019   122

Binance, the largest cryptocurrency exchange, inadvertently implemented BitTorrent airdrop. Because of this, the wallets of some users of the trading platform were replenished with BTT tokens.

While doing testing for , one tester inadvertently clicked an airdrop button for BTT, giving some BTT launchpad buyers extra BTT tokens. We are resolving the issue now. No other people are affected.

Changpeng Zhap

CEO, Binance

One commentator joked that getting some extra tokens is not a problem at all. The head of Binance answered him that this question is now being resolved and, most importantly, all means are safe. Another Twitter commentator joked that he inadvertently pressed the Sell button and sold BTT tokens very cheaply. 

Also today, Changpeng Zhao reminded that only one day remained before the launch of the test network of the decentralized Binance DEX exchange.