News
The entities behind Telegram and its $1.7 billion ICO were hit by an emergency action and restraining order by the SEC for failing to register its Gram token as a security. The U.S. Securities... 2 min read →
Blockstack PBC, a decentralized computing network, announced that it has raised $23 million in two of the first token offerings approved by the SEC. SEC-regulated token offering In July, Blockstack made headlines by becoming... 2 min read →
After months of anticipation, messaging app Telegram is inching closer to launching its Gram token. The “first batches” of the cryptocurrency are set to be delivered to investors ahead of the Oct. 31 deadline,... 2 min read →
The Securities and Exchange Commission (SEC) is ramping up its efforts to combat crypto fraud. The Commission filed an emergency legal action against the owner of Veritaseum, Reggie Middleton, whose ICO raised almost $15... 2 min read →
Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that cryptocurrencies will bring about significant changes to the world of investing. The industry has created new ways of raising... 2 min read →
ConsenSys founder and Ethereum co-founder Joseph Lubin was summoned to court in a $13 million lawsuit connected to failed ConsenSys spinout Token Foundry. Charges levied against Lubin by the startup’s former CEO, Harrison Hines,... 3 min read →
Algorand, a Boston-based blockchain company, raised over $60 million in a token sale held on CoinList. When combined with the Algorand Foundation’s token distribution fund of 2.5 billion Algos it would have a market... 3 min read →
Telegram, one of the fastest growing messaging apps in the world, will for the first time make its Gram token available to retail investors through Liquid exchange. The exchange said that the limited listing... 2 min read →
The U.S. Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO for its KIN token. Officials allege that the ICO constituted an unregistered securities offering. Steven Peikin, co-director of... 3 min read →
US regulatory agency FinCEN released new guidance on whether certain crypto businesses are regulated as money services businesses. Those who qualify fall under the scope of the agency and must comply with (sometimes costly)... 3 min read →
The rapid growth of cryptocurrencies and other digital assets in recent years, combined with seemingly unlimited potential applications for blockchain and distributed ledger technologies across a range of industries, has led to an unprecedented... 6 min read →
Initial coin offerings—once the favorite method to raise money from investors and crypto enthusiasts—is being ousted by newer, more promising initial exchange offerings. How do the two methods differ and who exactly benefits? The... 3 min read →
The SEC chairman Jay Clayton provided additional clarity on the securities treatments for cryptocurrency—more specifically by addressing his stance towards William Hinman’s statements about Bitcoin and Ethereum potentially being non-securities. Congressman Asks for Clarity... 4 min read →
Bittrex International, a US-based cryptocurrency exchange headquartered in Seattle, announced that it will be hosting the first Initial Exchange Offering (IEO) for RAID’s XRD token later this month. According to the company’s official blog... 2 min read →
The SEC filed a complaint against Blockvest and its founder for allegedly making unregistered securities offerings and using the SEC seal without permission. On Feb. 14th, the US District Court of California entered in a... 2 min read →
The Philippines has become the latest nation to issue a cryptocurrency regulatory framework through the Cagayan Economic Zone Authority (CEZA), with the Asia Blockchain and Crypto Association (ABACA) becoming the self-regulatory organization to enforce... 2 min read →
In its January report, the Organisation for Economic Co-Operation and Development (OECD) explained some of the intricacies of ICOs in modern finance. Although ICOs still offer advantages for startups, it comes at a steep... 5 min read →
Binance Launchpad, the token launch platform of Binance, conducted an ICO of TRON’s BitTorrent tokens (BTT) on Jan. 28th., with tokens selling out in less than 15 minutes. Almost 60 billion tokens were sold,... 2 min read →
Over the past two years, crypto has often been referred to as the Wild West, and for good reason. Cryptocurrency has been an unregulated digital frontier where the fringes of society speculated feverishly—and some... 5 min read →
The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on Jan. 23rd as part of its next step on working with crypto assets. It sets out details on where different types of... 2 min read →
