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Nalezeno "raised": 708

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case


The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...

NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million


NBA player Spencer Dinwiddie has finished the token sale of his contract that is hosted on the Ethereum blockchain. The sale of Dinwiddie’s tokenized contract raised $1.3 million which was only a tenth of what the project hoped to sell ($13.5 million). Even though the Brooklyn Nets guard...

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round


A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...

No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis


Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...

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