Thats very unfortunate 75 crypto exchange platforms are already eliminated in the competition how about the users that were using those exchange is their funds are safely withdrawn I hope it does.

I think ICO's are slowly fading away because many other fundraising methods have been introduced with more secure compared to the existing ones that prone to scams and fraudulent activities I believe that in the coming Years ICO will be gone away and replace by another form of fundraising method.

Just take precaution on some Defi projects because it's very clear that most of them are not legit, instead, a fly by night project that was only after with our money the proliferation of Defi base tokens nowadays is comparable to the 2017 crypto Bubble that was driven by HYPE. 

What happened?

I was joined Digitalbits Bounty Promotion a year ago
But until now still not received our payment. They also collect our KYC data twice
1st by Bounty Manager ( all is clear because we can see who’s being approved with green mark)
2nd by Digitalbits team and they did not provide a spreadsheet who’s being approved with bounty token final calculation.

Scammers Profile Link:

https://bitcointalk.org/index.php?action=profile;u=2361099

https://bitcointalk.org/index.php?action=profile;u=2595002

Reference Link:

Bounty Thread: https://bitcointalk.org/index.php?topic=5112064.0
ANN Thread: https://bitcointalk.org/index.php?topic=5026550.0

Amount Budget Pool: 28.000.000 XDB (https://www.coingecko.com/id/koin_koin/digitalbits)
Payment Method: XDB Token
PM/Chat history and evidence: https://drive.google.com/folderview?id=14yqVXpmRlj0_kmFtBcSIZKexcjX-2jDk

Additional Notes:
I advise you to take extra precautions in dealing with this project and if possible don’t invest. They can't keep their promise. They always lie every time they make a promise. Everyone who asks for payment is always blocked. I don't know what is the reason as an investor to invest in this big liar project? How can we trust them if they do not keep their promises? Please take care of everything. Stay away from the DigitalBits (XDB) project.

The False promises and drama for distribution dates:

- 1st promise: After listing
(After listing at IDEX still, no distribution was happening)

- 2nd promise: Q1 2020
(Still No Distribution)
- 3rd promise: 30 April 2020
(Listed on Kucoin But still No distribution)

-4th promise: 11-14May 2020
(Still No distribution But there is an Announcement)

- 5th promise: June 2020
(They officially announced that they won't pay us anymore and they don't care about it. This arrogance of a startup project like DigitalBits is unacceptable we are working for almost 3 months to promote their project spending a lot of time effort and resources(Internet Bills) Help us to expose this kind of abuse*

- Proof and evidence in screenshots follow the link: https://drive.google.com/folderview?id=14yqVXpmRlj0_kmFtBcSIZKexcjX-2jDk

- They assume that all participants as cheaters.
- Like Translators, in 4 different languages
- Chinese, Japanese, Russian, South Korean

- Article writers even the community chat moderators were not paid too!
 
- It is possible to say that all of the 1000+ participants were all cheaters?
- The fact is that they made an excuse not to pay since in the very beginning.

- The Truth about 375 XDB distribution to calm the anger of the participants:
- If we look at this contract address seem they only sent 375 XDB for each bounty hunter
- https://etherscan.io/tx/0x9c9528c2929fbf56318c39d0cec95f064ead849c1c1b720551d507da32965f0e

- NOTE: We should get exact amount regarding bounty spreadsheet
https://docs.google.com/spreadsheets/d/17lCE7ZNnqinz25fL0AwXd4aDIZUQe784wbn4u_0UKRc/htmlview#

Note: This Thread was created to warn everyone about the DigitalBits Untrusted Behavior including fulfilling a promise.
The participants are already filling a complaint:

- https://www.sec.gov/oiea/Complaint.html

- https://www.usa.gov/stop-scams-frauds

- https://www.ic3.gov/complaint/default.aspx

- https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/internet-fraud

- https://ico-class-action.org/

- others will follow and DigitalBits will be in Spotlight soon!

Banks needs to be Innovative to coup with the rising popularity of the cryptocurency or else be disrupted adopt blockchain and compete.

Lately i notice that there are too many cryptocurrency exchange that came out of nowhere Maybe DEX or CEX Question is there any effect on the Market??!

Recently many "Market Spectators" are puzzled about the recent "Spikes from the Major Cryptocurrencies" in the market, since no major news can influenced the pump! other says its only an artificial pump from the whales, is this true? whats your opinion about it, kindly drop below.

The main reason why the crypto market was green is because of the confidence of new investors and old investors that recently back to the market.