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Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
The State Encourages ICO Fraud. The Free Market Minimizes It
11.12.2019
Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...
How to Turn a $17 Million ICO Into $104 Million: The Cosmos Story
11.11.2019
The startups building Cosmos don't own it or rely solely on it for income. And that's the point
Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
23.10.2019
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
4.10.2019
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud
24.9.2019
The U.S. SEC has charged the CEO of an online adult entertainment marketplace with running a fraudulent initial coin offering scheme
How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business
7.9.2019
Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits
Indian Government’s New Report Views Crypto Positively
4.9.2019
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian...
This Crypto Is Worth Less Than 1 Cent. VCs Are Betting Millions on Its Future
13.8.2019
This healthcare startup is still growing, and attracting investment, long after raising $7.2 million in a 2017 token sale
Co-Founder Sues Israeli Blockchain Firm for Breach of Contract
5.8.2019
An Israeli ICO company is facing a multi-million dollar lawsuit following a founding partner's ejection from the firm
Large Regulated Token Sales Indicate ICOs May Be Coming Back
28.7.2019
Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding...
Bancor Raised $153 Million and Found Actual Users. Why Did Its Token Tank?
25.7.2019
Bancor raised $153 million as one of the top initial coin offerings of 2017. With its BNT token trading near all-time lows, here's an update on the project
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
This Rare ‘Physical’ Bitcoin Can Be Yours for $99,000
5.7.2019
A physical bitcoin is selling on eBay for $99,000
Kik vs SEC – The Lawyers Speak
14.6.2019
The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the story. Watch more here as three lawyers discuss the case, its merits and its potential impacts for the crypto industry as a whole
Kik vs SEC: The Lawyers Speak
14.6.2019
The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the story. Watch more here as three lawyers discuss the case, its merits and its potential impacts for the crypto industry as a whole
Messaging Giant Telegram’s ICO Token Is at Last Going on Public Sale
11.6.2019
Telegram's gram token, previously sold to accredited investors in the biggest-ever ICO in early 2018, is at last to be offered to the public
$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot
5.6.2019
Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion