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BTC59,966-0.91%ETH1,580.07-0.73%SOL71.70-1.23%BNB554.58-1.59%XRP1.05-1.38%ADA0.1446-2.56%DOGE0.0737-2.81%AVAX6.32-4.33%LINK7.29-1.44%DOT0.8088-4.20%BTC59,966-0.91%ETH1,580.07-0.73%SOL71.70-1.23%BNB554.58-1.59%XRP1.05-1.38%ADA0.1446-2.56%DOGE0.0737-2.81%AVAX6.32-4.33%LINK7.29-1.44%DOT0.8088-4.20%

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LayerX ICO Closes $420M Hard Cap in Fifteen Minutes, Rekindling 2017 Flashbacks
ICOApr 11

LayerX ICO Closes $420M Hard Cap in Fifteen Minutes, Rekindling 2017 Flashbacks

A zk-rollup with a three-page whitepaper and no working testnet sold out a nine-figure raise before most participants finished reading the terms. Regulators are already asking questions.