The London-based Monolith just added DAI to its crypto debit card product. But the startup itself has long used DAI to manage its treasury.
The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO.
Following the ruling, PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest.
Canadian instant messaging company, Kik, has hit back at the US regulator trying to sue its ICO with a giant public document. Kik Implies ICO Trial Was SEC Publicity Stunt Following that news that the Securities and Exchange Commission (SEC) was taking Kik to court in June, the company has now released a response in […]
Coinspeaker IEO: the Replacement for ICO Raised a Total of 262 Million in 2019 Though only half of the projects that participated in IEO in 2019 were profitable, the research indicates that the cumulative returns to be garnered over the span of 6 months could amount to 44% ROI. IEO: the Replacement for ICO Raised […]
The year of 2018 gave birth to a myriad of new blockchain projects, of which many chose the route of an Initial Coin Offering [ICO] to get funded. When examining the substantial number of ICOs that emerged during the past year, you obviously stumble across thousands of ICOs which promised to provide creative solutions to […]
A partner at a law firm working with startups that have raised funds using via an initial coin offering is calling on the CEO of Kik to stand down in his case against the SEC. The expert in crypto law believes that Ted Livingston might well do more harm than good to the industry. The […]
Getting into this kind of business is a bit expensive, on average you need about $60,000 to lunch a single project. Keep in mind the starting capital varies depending on the intensity of the project and the goals to be met. In 2017, this market witnessed a large number of people investing or even running […]
Doubts were raging over Italy’s plans to issue a new currency called ‘mini-bots’ this week after it appeared it would have nothing whatsoever backing its value. Italy’s Paper Backed By Nothing Italy, which is suffering from a crippling debt crisis, is constantly seeking a way out of the red, but its populist government has failed […]
By CCN: Kik might very well have good intentions by inviting a fight with the U.S. Securities and Exchange Commission. If the litigation, which the securities regulator has filed against the company, goes Kik’s way, it will set a precedent for other blockchain startups that have taken a similar approach to raise funds in an […]
In a complaint filed Tuesday, the SEC laid out where Kik allegedly ran afoul of U.S. securities law with its $98 million ICO in 2017. It also revealed a lot more.
The SEC seems to have a strong case on the facts in its complaint against Kik and its 2017 token sale, according to legal experts.
The U.S. Securities and Exchange Commission has filed suit against Kik over its 2017 initial coin offering.
A new report from ICObench claims that the initial coin offerings sector is showing signs of an uptick due to positive investor sentiment. The initial coin offerings (ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally. The data was revealed in a new […]
Coinspeaker Panxora Safeguards ICO Assets with Crypto Treasury Management Service Panxora has announced a new Treasury Management Service which will not only helps ICOs survive but thrive within the current market conditions. Panxora Safeguards ICO Assets with Crypto Treasury Management Service Continue reading at Coinspeaker
Thailand is opening up to crypto, operating an ICO portal and considering the possibility of regulating security tokens. Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the […]
Significant layoffs at Ambisafe tell the tale of another ICO services startup that got too big in 2018.
Next-generation Artificial Intelligence Startup PowerBrain.Shop® announced its new AIPBS token release on Ethereum Blockchain to be traded by investors on the open market Eindhoven, April 15, 2019 /PowerBrainShop/ — PowerBrain.Shop®, the Artificial Intelligence software Startup company founded by Samuel T. Stähle and Christian Kramer, today announced it has joined forces with distinguished software industry leaders […]
CZ, the CEO and founder of Binance, has emphasized that crypto exchange-hosted token offerings are no less subject to regulatory hurdles than their ICO predecessors. Changpeng Zhao, the CEO and founder of top crypto exchange Binance, has underscored that exchange-hosted token offerings are no less subject to regulatory hurdles than their initial coin offering (ICO) […]
A couple years ago, a person named Nick Ayton and his partner, David Lofts, launched an ICO to fund a television show. They then went on to found Chainstarter, which helps ICO-backed projects get off the ground. Chainstarter’s Use of 21 Million ICO Money A deep-dive by Cointelligence paints a much darker picture of the […]
Jared Rice, former AriseBank CEO, pleaded guilty to securities fraud and could face as much as 20 years in prison.
The Thai SEC has approved the first ICO portal in the country, and may reportedly later issue criteria that allows companies to tokenize securities and other assets. Thailand’s securities regulator has approved the first initial coin offering (ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12. The Thai […]
Emaar Group, which owns the Burj Khalifa, is developing a “community token” for a loyalty program, with an ICO planned next year.