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Belgian Regulator Warns of Crypto Scammers That Target Male Tinder Users With Fake ICOs
10.12.2020
The Belgian regulator, the Financial Services and Markets Authority (FSMA), says scammers are employing new techniques which target Tinder and Facebook users. Using what the FSMA terms an “emotional scam,” criminals are targeting male users of the dating app Tinder with promises...
Report: ICOs left retail investors in the dark
1.12.2020
New, small-scale research from Xangle takes a look at investors' reflections on their initial coin offering investments between 2017 and fall 2020
The SEC collected $1.26 billion from unregistered ICOs in 2020
12.11.2020
In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms
Kik, SEC Propose $5M Settlement Over 2017 ICO, Ending Yearlong Battle
20.10.2020
Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year
SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months
9.10.2020
The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the regulatory structure and how these...
This Is How John McAfee Made USD 23m For Shilling ICOs (According to SEC)
6.10.2020
Source: Twitter, @officialmcafee, @money_alotta
The US Securities and Exchange Commission (SEC) said that the controversial cybersecurity entrepreneur and former Bitcoin (BTC) bull, John McAfee, was promoting initial coin offerings without disclosing that he was paid to do so.
Yesterday, the...
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
5.10.2020
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape...
Kik Loses Against SEC As Judge 'Shreds' ICOs - Expect More Cases
1.10.2020
The "predictable" court ruling against Canadian social media startup Kik Interactive might provide a glimpse into what is waiting for some of the initial coin offerings (ICOs).
Yesterday, US District Court Judge Alvin Hellerstein ruled in favor of the US Securities and Exchange...
Stop F***ing Around With Public Token Airdrops in the United States
18.9.2020
The SEC’s slowness in ruling on DeFI's legality "is not a waiver of its enforcement power," says our columnist
Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining
17.9.2020
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of...
Crypto Esports Startup Unikrn to Pay $6.1M in SEC Settlement Over 2017 ICO
15.9.2020
Unikrn has agreed to settle the charges, without admitting or denying them, by paying a $6.1 million penalty to be distributed among investors
SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICO
11.9.2020
The SEC alleged film producer Ryan Felton misappropriated funds from two separate initial coin offerings, and charged rapper TI with boosting one of them
Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives
11.9.2020
While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs. One particular scheme crypto enthusiasts are discussing these days...
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Tezos Investors Win $25M Settlement in Court Case Over $230M ICO
1.9.2020
A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million
A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her
19.8.2020
Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit
Cosmos’ Founding Team Broke Up Early This Year. The Project Didn’t
10.8.2020
How Cosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, survived the breakup of its founding team
Adam Back: Some ICOs Funded Useful Research Despite Being Unethical
8.8.2020
Adam Back admitted that some ICOs might have funded useful research, but still contends that they are deeply unethical
Investors Suing Over Status ICO Can’t Find Execs to Serve Papers
6.8.2020
Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means
Novel Charts Dark Side of ICO Mania
18.7.2020
Haydn Wilks' latest novel examines the cryptomania of the 2017 ICO boom