Ethereum-based startup Confido, a little-known project that recently raised $374,000 in an ICO from investors in exchange for CFD tokens, has seemingly vanished from the internet, as all its social media profiles and website have been taken down. Investors are now looking into the situation, which points to a potential exit scam.
Confido pitched itself as a blockchain-based app that allowed for smart contracts that acted as an escrow between buyers and sellers during transactions.
The two leaders of the market continued to outperform, with BTC and XRP both rising meaningfully in the face of the broad decline in altcoins. Ripple is up by double digits yet again, and the coin reached our next target at $0.26 overnight, getting short-term overbought in the process. While we expect the currency to continue its uptrend and test the key $0.