The Interchain Foundation (ICF) raised $17 million in April 2017 to shepherd the event of the Cosmos community, a system for making blockchains speak to one another. Following the sale of its ATOM token, the ICF has funded a forged of supporting gamers, like Agoric Systems Operating Company (which the ICF invested in for conventional […]
Russian Firm “ICO Rating” Fined $268,998 by the SEC
ICO Rating has been fined $268,998 by the US Securities & Exchange Commission (SEC). This was after the Russian based mostly analytics firm hid details about the earnings it acquired from promoting digital choices. According to a Press release by the SEC dated August 20, 2019, the Initial Coin Offering (ICO) middle generated studies of […]
This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank
The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of belongings by driving the bull market of 2017 then taking out DAI loans. This DAI technique is more and more widespread amongst ethereum-centric startups. MakerDAO and Monolith at the moment are collaborating to join DeFi loans to a European Visa debit card. Ether […]
SEC targets Decentralized Exchanges and ICO Projects
The U.S. Securities and Exchange Commission (SEC) continues its drive to “clean up” the cryptocurrency sector and has entered into settlements with EtherDelta founder Zachary Coburn in addition to the previous ICO tasks Airtoken and Paragon. The subsequent rulings have forged doubt on the legitimacy of comparable ICO tasks and on the way forward for […]
How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year
BlockEx’s treasury couldn’t cease taking hits in 2018 – and for the London-based startup, it has meant vital delays, scaled-back ambitions and layoffs. CEO Adam Leonard confirmed to CoinDesk that “staff reductions” had taken place. “Some of it naturally as products finished and additionally to reduce burn,” Leonard stated by way of e mail, declining to […]
ICO Treasuries Offloaded the Most ETH in November and December This Year
News Over the course of 2018, failing preliminary coin choices that raised billions final yr have continued to dominate the information cycle. Despite ethereum dropping greater than two thirds of its worth, ICO tasks have been liquidating large quantities of ETH. ICO treasuries cashed out 433,000 ETH ($52.4M) in December, surpassing each different month this […]
ERC-20 Co-Author Out to Tackle Fraudulent Tokens with Secure ICO Model
Initial Coin Offerings (ICOs) began with a growth – serving to finance many blockchain and cryptocurrency startups, bringing buyers to decentralized purposes, but in addition attracting many fraudulent actors. One of the primary and commonest requirements for ICO tokens is the Ethereum based mostly ERC-20 token format, and to clear scams and different fraudulent actions […]
Taiwan Drafting National ICO Standards
Regulation The Taiwanese Financial Supervisory Commission is drafting a set of nationwide requirements for preliminary coin choices. The regulator reportedly goals to make tokens as straightforward to take a position and as liquid as shares. The fee emphasizes that it “has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are […]
Korean Government Expected to Announce ICO Stance in November, Official Says
Regulation The South Korean authorities is predicted to announce its place on preliminary coin choices in November, in accordance to a high-ranking official. The determination will comply with the result of the survey which the nation’s Financial Supervisory Service lately despatched out to home blockchain corporations. Also learn: RBI Argues Supreme Court Should Not Interfere With […]
Successful ICO Roundup – 1st Week October
Welcome to October’s profitable ICO roundup collection the place we deliver you the success tales of each week all through the month. Today, we can be taking a look at tasks which have efficiently accomplished their fundraisers within the first week of October. We created and accomplished a collection in September and other people have […]
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