Tagged: ico

State of Massachusetts Issues “Cryptocurrency ICO Sweep” Regarding Alleged Securities Violations

The State of Massachusetts Securities Division, under the direction of Secretary William Galvin, has issued a series of Consent Orders pertaining to five different initial coin offerings (ICOs). The following issuers received the orders: 18Moons, Inc Across Platforms, Inc. DBA ClickableTV SparkCo Inc, DBA Librium… Read More

France Wants to Become the First Major Financial Center to Have a Framework that Facilitates Initial Coin Offerings

Some large countries are blocking initial coin offering, some are observing and others are creating rules by enforcement action, France wants to become “the first major financial center to propose an ad hoc legislative frame work that will allow companies initiating an ICO to demonstrate their seriousness to potential… Read More

Updated: Bancor Says Private Token Sale a Scam

Bancor, a company that launched one of the largest initial coin offerings (ICOs) of 2017, has sent an email out to its community notifying users of a phishing scam In June of 2017, the Bancor Foundation raised more than $153 million in its ICO. The “Token Generation… Read More

Initial Coin Offerings: Why the SAFT is DEAD …

Investment in the cryptocurrency industry is currently dominated by the use of Simple Agreements for Future Tokens (SAFTs). While SAFTs were a somewhat novel approach when they were introduced, now that cryptocurrency assets have become almost universally deemed “securities” by the SEC, the use of… Read More

LendingBlock Expects LND Tokens to Trade on HitBTC in May Following April ICO

LendingBlock, a cryptocurrency lending platform that we covered earlier this month, has revealed it will see its tokens (LND) trade on HitBTC this coming May. Lending Block’s crowdsale will kick off on with the pre-sale beginning on April 7th and the main sale starting a… Read More

Kodak 10-K Shares Insight into KodakCOIN Cryptocurrency and Relationship with Wenn Digital

Earlier this month, Kodak (NYSE:KODK) filed a 10-K with the Securities and Exchange Commission (SEC). Buried within the Kodak Annual Report was further details into Kodak’s relationship with Wenn Digital, KODAKOne and the KODAKCoin initial coin offering. According to the filing, Wenn purchased a license… Read More

Following $25 Million Silent ICO, Proxeus Partners with MOUNT10 Data Center Providing “Military Grade Security” using Blockchain

Swiss Fintech Award winner Proxeus has announced an interesting partnership with data storage facility MOUNT10. Proxeus recently won recognition as the “early stage startup of the year” as it seeks to disrupt data storage by using Blockchain tech. This partnership with MOUNT10 is said to… Read More

Report: Telegram Initial Coin Offering Expected to top $1.7 Billion

This should come as no surprise to anyone who has been following Telegram. One of the fastest growing messaging / social media platforms in the world is poised to top $1.7 billion with its initial coin offering. This is according to a recent report in… Read More

Crowd Machine ICO: Like Filecoin but with Functional Technology in Place

Crowd Machine is gearing up for their public crowd sale on April 1st. The private sale is ongoing with minimum participation of $100,000. Accredited investors only. Same holds true for the public sale for US investors – you must be accredited. But the FAQ appears… Read More

Aspiring Crypto Bank Crypterium Appoints James Davies as CFO

Crypterium, the “crypto bank for everyone”, has hired James Davies as their Chief Financial Officer (CFO). Davies will oversee the payment partner and exchange integration and the all of the company’s finance functions. Crypterium launched an initial coin offering (ICO) last October for a crowdsale… Read More

Free ICO? Social Media site Empowr Says 500 Million Coins to be Airdropped Beginning April 15th

Empowr, a social media startup, says it will airdop 500 million digital coins beginning on US tax day, April 15th. Each month, empowr says it will distribute 10 million coins through its Bounty Program. This “free” initial coin offering (ICO) is said to be a… Read More

Russia Follows USA to Tighten Cryptocurrency Regulation

The Russian Parliament has started finalizing a draft bill on cryptocurrency and digital tokens recognising them as assets that cannot be used in exchange for goods and services. The draft aims to define the scope of the regulations of cryptocurrencies, not their prohibition, according to… Read More

Twitter Set to Join Google & Facebook in Banning Cryptocurrencies & ICOs Advertisements

Social media giant Twitter is set to ban almost all cryptocurrencies and initial coin offering (ICOs) advertisements. According to SkyNews, Twitter may release a new advertising policy in two weeks that will prohibit advertisements for ICOs, token sales, and cryptocurrency wallets globally. The media outlet also revealed that… Read More

Mr. Wonderful Says Big Name Hotel to Launch $400 Million Initial Coin Offering (Video)

Kevin O’Leary, one of the sharks on Sharktank who calls himself Mr. Wonderful, was visiting with the team at CNBC Squawk Box yesterday when he discussed a forthcoming initial coin offering for a “very prestigious hotel brand” with the security being offered to global investors. … Read More

Behave Yourself! Global Digital Finance Simon Taylor Develops Cryptoassets Code Conduct, Enlists OECD’s Expertise

Step in line, crypto platforms. Global Digital Finance (GDF) has launched to drive a code of conduct for cryptoassets. Non-profit GDF has convened key stakeholders to develop a global code of conduct and a taxonomy for cryptoassets, comprised of global distributed ledger and cryptoasset space… Read More

KODAKCoin to Issue SAFT, Seeks $176.5 Million ICO

In a filing with the Securities and Exchange Commission, KODAKCoin indicated its intent to raise up to $176.5 million in an initial coin offering. The Reg D 506c filing also indicated that KODAKCoin will be using a SAFT structure or a Simple Agreement for Future… Read More

No Surprise: SEC Enforcement Division Co-Director Stephanie Avakian Says Dozens of Investigations Ongoing in Cryptocurrency Space

The Securities and Exchange Commission (SEC) first launched investigations into initial coin offerings (ICOs) and the gatekeepers that have been facilitating these offerings several months back. The news of these investigations was first published by Crowdfund Insider in late February. Chatter regarding investigations had been building… Read More

Vice Industry Token: Penthouse Launches Blockchain Platform & ICO for Adult Entertainment

Penthouse Global Media, publisher of the Penthouse magazine, has announced it will create a Vice Industry Token (VIT) for visitors to be able to pay and earn tokens across Penthouse’s original content, as well as comment on and vote for content. The Vice Token is a… Read More

What are Cryptocurrencies and Blockchain? 2018 Joint Economic Report from Congress Explains

Last week, the 2018 Joint Economic Report from the House Representatives was published. The 334 page document attempts to encapsluate the current state of the economy while addressing challenges and policy issues. The Congressional report outlines an improving economy that is creating jobs while economic… Read More

Liquid M Capital Tells House Committee: We Believe it is Critical for Regulators to Foster the Value of Innovation in Fintech Without Stifling it Through Unclear Regulations

Last week, during a meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities, and Investment, Members of the Committee peppered cryptocurrency / initial coin offering experts with questions regarding the emerging method of online capital formation. While the overall tenor of the discussion… Read More

Send this to a friend