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US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...
SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale
27.12.2020
The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...
Free TON Community Achieves Sufficient Decentralization With the Network Becoming a Defacto Mainnet
23.12.2020
The Free TON community declares achieving sufficient decentralization and mainnet status as a consequence on December 22, 2020. One of the Most Decentralized PoS Networks in the World Free TON was launched May 7, 2020 as a true community-driven, decentralized blockchain network. No ICO. No entity....
Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics
15.12.2020
Free TON is a community driven PoS network with a focus on decentralized governance. It is based on the open-source TON project which was previously developed by Telegram. Free TON never had an ICO and will never have a token sale. Instead the project implements a distribution model that will...
VaultSwap Announces Its Token Sales and Exchange Listings
15.12.2020
PRESS RELEASE. Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all the coins in one fold. VaultSwap – a project by Jason Wright, which is also the CEO zenomatrix.net – intends to offer a solution to this problem. It has several high-paying investment...
Meet Exchase.io: All-in-One Fintech Service Provider Announces Token Sale
8.12.2020
PRESS RELEASE. Exchase (Exchase OÜ) announced that it plans to build an all-in-one fintech solution that will bring the most popular fintech services and technologies under one umbrella. The Estonian based fintech company has been operating a cryptocurrency exchange, but now seeks to bring...
NFT Game Axie Infinity Raises $860K in Governance Token Sale
19.11.2020
A new game mode will also be launching on the platform in early 2021, where players can own pieces of land and farm governance tokens
IMCoin (IMC) Flies High
13.11.2020
PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history....
US Prosecutors Seek ‘Substantial’ Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale
4.11.2020
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service
The Graph Raises $12M in GRT Token Sale; Teases Mainnet Launch in 30-60 Days
28.10.2020
Decentralized data-indexing protocol The Graph has raised $12 million in a public sale of its native GRT token
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
19.10.2020
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations
Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP
13.10.2020
Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others
Dapper Labs Raises $18M in Token Sale for NFT-Centric Flow Blockchain
10.10.2020
Dapper Labs has closed an $18 million token sale on the strength of its latest collectibles game, NBA Top Shot
With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale
2.10.2020
2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial...
Video game legend Atari seeks public token sale in November
1.10.2020
The token sale could take as little as 1 second, according to the Atari CEO
Judge Rules Kik’s Token Sale Violated US Securities Law
1.10.2020
A federal judge has ruled that Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds
Why Top Global Brands Like the NBA and UFC Choose Dapper Labs’ Flow Blockchain
24.9.2020
Developed by the team behind some of the most successful crypto applications in the world, Flow is a blockchain re-designed from the ground up to be user- and developer-friendly as well as modular and future-proof. The network is already being used to develop digital collectibles offerings for...
Valentus Capital Plans $50M Token Raise for Credit Fund: Report
23.9.2020
The yet-to-be-registered asset manager hopes to launch its VAL1 token later this year
Presidential Candidate Brock Pierce Served With Lawsuit for Alleged ICO Fraud
16.9.2020
Former Disney child actor and U.S. Presidential candidate, Brock Pierce, was served with a lawsuit during a political campaign event held on Monday. The class-action lawsuit was filed in May and it claims the defendants, including Pierce, sold unregistered securities during the EOS initial coin...