News
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 →
Binance will be holding initial coin offerings (ICOs) on the firm’s token sale platform Launchpad nearly every month in 2019. TRON’s BitTorrent and Fetch.ai are two of the ICOs slated to be offered in... 3 min read →
Americans and their Christmas lights consume a staggering amount of energy. For December alone, these glowing ornaments consumed 4.5 terawatt-hours of electricity, more than the annual consumption of Laos. Fortunately, the new Festivus ICO... 1 read →
In just the last few months, the SEC has brought successful enforcement actions against EtherDelta, Paragon, Airfox, DJ Khaled and “Money” Mayweather himself, all predicated directly or indirectly on unregistered Initial Coin Offerings (“ICOs”).... 5 min read →
These are turbulent days for crypto. The price of Bitcoin on Coinbase dipped to $3300 in early December, its lowest point since August 2017. The amount of capital raised through ICOs has declined in... 6 min read →
In a press release today, professional boxer Floyd Mayweather and music artist DJ Khaled were charged by the SEC for failing to disclose payments received for promoting an allegedly fraudulent ICO. These are the... 3 min read →
Securities Exchange Commission Chair Jay Clayton is reluctant to add digital currency ETFs, including Bitcoin ETFs, over fears of market manipulation, centralization, and custody security. Speaking at Consensus Invest in New York, Clayton said... 3 min read →
