ICOs

Recent ICOs Stories

SEC Charges ‘ICO Superstore,’ Digital Hedge Fund Manager with Registration Failures

The U.S. Securities and Exchange Commission is charging two crypto-related entities with registration failures, in what it considers a first for both enforcement actions. TokenLot Hit with Unregistered Broker-Dealers The first to be hit with charges is Michigan-based TokenLot,...

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Australian Securities Exchange Probes Conglomerate’s Upcoming ICO For Crypto Exchange

A Queensland-based investment company has come under the Australian Securities Exchange’s (ASX) radar after seeking over $15 million in an initial coin offering (ICO) for a cryptocurrency exchange. A Suspicious Expansion Earlier this year, Byte Power Group (BPG), a...

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Korean Lawmaker is ‘Upset to See South Korea Prohibit ICOs’

This week, South Korean lawmakers observed the government’s confusing stance on distributed ledger applications, with blockchain technology promoted across the board and ICO projects facing strict crackdowns. In response, Korean representatives have called for new, minimum guidelines on token...

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South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting

The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. Korea’s Cryptocurrency Push The...

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Sorry ICOs, Bitcoin and Cryptocurrencies will Gain Relevance with Starbucks and Kodak

Big name brands and retail conglomerates, not ICOs, will take Bitcoin and other cryptocurrencies to the next level, according to ICOx Innovations President Bruce Elliott. Traditional Players Will Propagate Cryptocurrency Usage While Elliott’s company helps introduce companies to the cryptocurrency...

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Switzerland: Largest Stock Exchange’s Head Unsure of Crypto Trading, Bullish on ICOs & “Token Ecosystem”

The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. While the news sparked a bounce in...

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Thailand Open for Business: 20 New Exchanges Aim to Establish Kingdom of Crypto

Thailand’s forward-leaning crypto policy has catalyzed rapid blockchain platform development, with the Thai SEC receiving 20 applications for new digital asset exchanges and more than 50 applications for token offerings since launching new regulatory framework in July. The crypto...

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Building Tools to Make the Blockchain Usable for Developers & Businesses

Outside cryptocurrencies, developers have created only a handful of useful applications using the blockchain. For example, industries in artificial intelligence, big data companies and logistics, are still trying to figure out how to use blockchain to bring about improvements...

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Chamber of Digital Commerce Proposes Regulations for Cryptocurrency Sector

The Chamber of Digital Commerce (CDC), an American advocacy group released a collaborative research effort on July 30, 2018, containing several proposed guidelines to ensure a “responsible growth” of the burgeoning cryptocurrency industry. CDC’s Digital Token Push As published...

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Exclusive: ProtonMail Refutes ICO “Unsubstantiated” Rumours, Confirms no Plans of Token Launch

Recent reports of privacy-email provider ProtonMail planning an Initial Coin Offering (ICO) for its product were widely circulated in cryptocurrency communities. However, the firm has since refuted such claims. ProtonMail ICO Rumors As per a job listing on ProtonMail’s...

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World’s First Legal Literature on ICOs Calls Out Fundraising Method

A University of Pennsylvania legal research report concluded Initial Coin Offerings (ICOs) have mostly “failed” to reflect on their contractual promises as described in their whitepapers. ICO Projects a Far-Fetched Endeavour Titled “Coin-Operated Capitalism,” the paper was released on...

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Switzerland Scrambles to Regain “Cryptocurrency-Friendly” Status As Banks Dissuade Crypto-Businesses

Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country. Switzerland Faces Brain Drain...

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Despite Crackdown, Ex-Chinese Mafia Raises $750 Million via Mysterious ICO

Despite China’s widespread crackdown on the burgeoning cryptocurrency sector, an influential, organized crime syndicate member seemingly circumvented strict regulations to issue digital tokens– which local reports estimate raised $750 million “in less than five minutes.” Ex-Triad Member Turns to...

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Stanford Students Built 16 Ethereum-Based dApps, Without an ICO

Stanford University students demonstrate how multi-million dollar initial coin offerings (ICOs) are not necessary to create working blockchain-related products and solutions. Stanford Focuses on Active Blockchain Development Since 2017, companies from the traditional finance sector and tech industry have aggressively...

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Crypto Market Bounces Back: SEC Declares Bitcoin and Ethereum are Not Securities

The US SEC has again clarified its position on both Ethereum and Bitcoin, stating that neither cryptocurrencies are securities. The announcement, made by SEC Corporate Finance Division head William Hinman, has addressed one of the most pressing issues in...

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Bitcoin, Ethereum, Ripple, and Litecoin Among 7 Cryptocurrencies Now Legal in Thailand

The Securities and Exchange Commission (SEC) of Thailand announced a regulatory framework for initial coin offerings and cryptocurrency. The details include a list of seven approved cryptocurrencies, fees, and licensing requirements. On May 14th, 2018 the Thailand SEC took...

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How SHOP is Decentralizing eCommerce and Empowering Shoppers [INTERVIEW]

Founded in 2017, SHOP is on a mission to decentralize e-commerce by empowering shoppers and brands through the tokenization of personal data. In an exclusive interview with CryptoSlate, Chief Executive Officer at SHOP, John Wantz shared his insights into...

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Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that...

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Operation Crypto-Sweep: Ethereum Token ShipChain Ordered Cease and Desist

The South Carolina Attorney General’s Office has just hit the blockchain startup ShipChain, with a cease-and-desist order. ShipChain is a freight logistics platform built on the Ethereum blockchain. The securities commissioner claims the company violated the state’s securities laws. The cease-and-desist order...

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FTC to Host “Decrypting Cryptocurrency Scams” Workshop in June

The thriving prevalence of cryptocurrency investing has become a topic unavoidable by regulatory agencies worldwide. The growing exposure of the cryptocurrency industry to the mainstream public has drawn the attention of investors and scammers alike, leaving many victims to deceptive...

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Disgraced Data Analytics Firm Cambridge Analytica Is Halting Its Plans for an ICO

Cambridge Analytica was responsible for compromising the data from 87 million Facebook profiles. Following the March scandal, the ex-chief executive bragged about using shell companies and they have been linked to gangsters in Macau for the questionable Dragon Coin project. Now, it has...

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South Korean Financial Regulator Heralds Blockchain as the Future of FinTech

According to latest reports, the South Korean FSC, Financial Services Commission, is planning to support the adoption of various blockchain technologies in order to foster innovation within the country’s FinTech sector. Korean newspaper JoongAng Daily reported that the nation’s...

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Congressional Hearing on ICOs Presents Fractured Stance on US Crypto Regulation

Cryptos came to Capitol Hill on Wednesday this week, with a subcommittee of the U.S. House of Representatives Financial Services Committee holding a hearing entitled “Examining Cryptocurrencies and ICO Markets.” The hearing, which marked the first time Congress tackled...

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