An inter-ministerial committee in China plans to reward individuals who report illicit ICO fundraisers. The decision could likely boost China’s crackdown on the regional cryptocurrency industry. ICOs are operating freely…
Maksim Zaslavskiy, who ran two fraudulent ICO projects, received a year and a half-long prison sentence this Monday which made his case one of the first ones to apply federal…
A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. As Financial Magnates reported on Nov. 18, the Comisión Nacional del Mercado de Valores warned the…
Several firms that collectively raised about $40 million through unregulated initial coin offerings (ICOs) in 2017 missed their deadlines to repay investors following charges by the United States Securities and…
Earlier this week, a story published by Chinese state-run media outlet Xinhua featured some pro-Bitcoin comments that referred to the flagship digital currency as being the world’s “first successful application…
The Interchain Foundation (ICF) raised $17 million in April 2017 to shepherd the development of the Cosmos network, a system for making blockchains talk to each other. Following the sale…
During the initial coin offering boom and the height of the crypto hype bubble in 2017, Ethereum’s price ballooned to as much as $1,400 per ETH at its peak.VIEW ORIGINAL…
The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally,…
At the peak of the ICO bubble it was a common tactic for project promoters to use big name announcements to pump their tokens. Every day we would hear about…
After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently…
The ICO sales of 2017 managed to achieve high returns despite the bear market, but projects that launched in 2018 saw a harsher fate. Recent research by Messari Crypto unsurprisingly…
2. Exchanges, businesses, wallets and people that aren’t what they say they are. For example, there might be a crypto exchange that looks like it offers fantastic rates and low…
On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a…
MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin token On…
The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength…
Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing…
The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new trend — the…
The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15,…
Blockchain education platform Longhash has analyzed data from crowd-sourced sites to assess why certain cryptocurrency projects have wound up in the industry’s graveyard. Examining 700 crowd-sourced entries spanning 8 years…
Blockchain research platform, LongHash, analyzed the list of the so-called dead crypto coins. It found out that the most common reason behind their decline was abandonment from investors. Scam Projects…
Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. In an official tweet…
Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered…
Following a recent red flag from United States. regulators, a private Telegram channel for Telegram Open Network (TON) is taking a break. Temporary halt for more clarity On Oct. 12,…
The long-awaited crypto token sale from the Russian messaging platform Telegram has hit a wall in the form of the US Securities and Exchange Commission. The regulator has filed an…
The United States Securities and Exchange Commission (SEC) has announced that Telegram and the forthcoming GRM token constitute an unregistered digital token offering. Per an Oct. 11 press release, the…
SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s securities regulator.…
Security token offerings, or STOs, have more or less taken the mantle from their semi-defunct counterpart, the initial coin offering (ICO). Still, the extreme rise and subsequent fall of the…
The United States Securities and Exchange Commission (SEC) has entered settlement talks with alleged fraudulent cryptocurrency firm Veritaseum. Initial conference adjourned After filing a complaint against Veritaseum CEO Reginald Middleton…
On Sept. 30, the United States Securities and Exchange Commission (SEC) announced that it had reached a civil settlement with EOS parent company Block.One following an investigation into violations of…
The Chinese government is indirectly participating in a security token offering (STO). The Nervos Network STO kicks off on Oct. 16, aiming to raise an undisclosed amount within two weeks…
2019 has proven a challenging year in which to launch a crypto startup, with the most successful tokens recording only modest returns. Investors chasing the sort of double-digit returns that…
It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of Bitcoin (BTC) and altcoins as…
Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up…
The Takeaway Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. Karatbars previously…
The initial coin offering (ICO) is all but dead, new data covering the past two years of the crypto fundraising phenomenon has concluded. ICO Proceeds Drop To $338M Collated by…
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities…
Blockstack, the company that recently completed a registered and compliant token sale, may stand at a disadvantage to projects that exploited the Wild West market for ICOs. The US Securities…
The German bank partially owned by blockchain firms Nimiq, TokenPay and the Litecoin Foundation is planning to process cryptocurrency payments for retailers starting in 2020. WEG Bank AG CEO Matthias…
The Securities and Exchange Commission has come to a settlement agreement with blockchain company Block.one over the yearlong token sale for EOS. It was the largest token sale of the…
The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties. Falsely obtained qualification…
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