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Here are all the latest stories related to cryptocurrencies Thursday June 3, 2021.
CoinGeek Switzerland
Dogecoin
Dogecoin is now on Coinbase and they’re giving away $1.2 million in DOGE to celebrate. Opt in and then buy or sell $100 in DOGE on Coinbase by 06/10/2021 for your chance to win. Limit one entry per person.
The canine-themed digital currency that began as a joke soared more than 25% Wednesday to about 40 cents after it was announced that the exchange would let users of its Coinbase Pro service buy and sell dogecoin.
Scams
Three of Israel’s largest and most hyped ICOs were outright scams, according to their former employees. The three projects raised over $250 million in their respective token sales, but according to the employees, the operators directed the funds to their own personal expenses.
The three—Sirin Labs, Stx Technologies Ltd (Stox) and Leadcoin—conducted their ICOs in 2017 and 2018. Of the three, Sirin Labs was the most famous, grabbing headlines with its promise of the world’s first fully blockchain-powered smartphone. It raised $158 million in July 2017, leveraging celebrity promotion, including by soccer icon Lionel Messi. Source: CoinGeek
