Tag Archive: ICO

• Altcoin News, Altcoins, Legislation, News, News teaser

  John McAfee Quits Promoting ICOs ‘Due to SEC Threats’

  It appears the days of John McAfee promoting initial coin offerings (ICOs) are over. In a tweet on June 18, 2018, McAfee announced his decision to no longer work with ICOs. McAfee Backs Out of ICO Promotions ‘Due to SEC Threats’ McAfee’s tweet was a response to a question posed by one of his followers, asking him to recommend a viable ICO investment. McAfee responded by stating he would no longer promote any ICO “due

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  Osato Avan-Nomayo · June 19, 2018 · 12:00 pm
• Blockchain Technology, Companies, News, News teaser, Sponsored Article

  Keplertek: Gearing Up for Extra Sale

  Do you have at least 0.2 Ethereum in the cryptocurrency wallet of your choice? If the answer is no, you have some preparation to do, as Keplertek is holding one final phase of its Pre-ICO. Keplertek decided to hold one final phase of its Pre-ICO — namely, its Extra Sale, which will start on June 19th (8 PM UCT+4) and last until June 21st, 2018 (8 PM UCT+4). In those 48 hours, investors from all

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  Bitcoinist.net · June 18, 2018 · 8:00 pm
• Altcoins, Bitcoin, Bitcoin Regulation, News, News teaser

  Russia to Classify Cryptocurrencies as ‘Digital Rights’

  Following an earlier push for legislative measures to regulate cryptocurrencies, Russia moves to determine how they would be classified by law. Head of State Duma Committee says they will be regarded as ‘digital rights’ rather than cryptocurrencies. Digital Currencies to be Reclassified as ‘Digital Rights’ Back in May, regulations were proposed to eliminate the risks associated with the unregulated nature of cryptocurrencies. Now, Head of State Duma Financial Market Committee, Anatoly Aksakov, confirmed that the drafts

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  Georgi Georgiev · June 14, 2018 · 10:00 am
• Bitcoin, Bitcoin Regulation, Blockchain Technology, News, News teaser

  Lithuania ICO Guidelines: ‘Brave New Crypto Economy Is Here To Stay’

  Lithuania’s finance ministry has unveiled new ICO guidelines, continuing its efforts to unite sections of the country’s finance sector and nascent blockchain economy. Lithuanian Govt: ICOs ‘Should Be Regulated’ The document, released June 11, comes in the form of a multidimensional “interpretation” of securities laws, and explains under what circumstances they would apply to ICO tokens. In a commentary on the release, Minister of Finance Vilius Šapoka notes: We do believe that certain usage of it,

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  Wilma Woo · June 11, 2018 · 4:00 pm
• Blockchain Technology, Companies, News, News teaser

  Tezos Co-Founder On KYC Demands: It’s ‘Not My Call’

  Tezos co-founder Arthur Breitman has said the decision to perform last-minute know-your-customer (KYC) checks on ICO investors was “not his call.” ‘Counter To Everything You Stand For’ In posts on social media following the news — which cryptocurrency commentators had previously forecast — Breitman appeared resigned to the fact that anyone who purchased tokens in Tezos’ July 2017 ICO must now reveal their full identity before receiving them. An official statement and accompanying FAQ from the

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  Wilma Woo · June 11, 2018 · 10:00 am
• Altcoin News, Altcoins, Bitcoin, Bitcoin Acceptance, Bitcoin Regulation, Legislation, News, News teaser

  Thailand Unveils New Detailed Cryptocurrency, ICO Regulations

  Thailand’s Security and Exchange Commission has released a comprehensive framework for the regulation of the country’s cryptocurrency market. The laws cover ICOs, approved cryptocurrency trading pairs, and licensing fees for market operators. The regulations which were announced on June 8, 2018, come into effect later in the month. ICO Regulations In May 2018, Thailand banned ICOs while waiving the previously planned 7 percent VAT on cryptocurrency transactions. The new ICO regulations reverse the ban while

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  Osato Avan-Nomayo · June 10, 2018 · 11:00 am
• Altcoin News, Bitcoin, News, News teaser

  SEC ‘Underwhelmed’ by Lack of Enthusiasm for Regulation

  Cryptocurrency exchanges dealing with ICOs are now required to register with the SEC, though one director at the independent agency claims the response has been weaker than expected. He also noted that a statement on either Ethereum or Ripple will be coming in the future.  ‘We’re underwhelmed by the enthusiasm’ The US Securities and Exchange Commission (SEC) has already defined initial coin offerings (ICOs) as securities. In doing so, the independent regulatory agency requires cryptocurrency exchanges

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  Adam James · June 8, 2018 · 3:00 pm
• Altcoin News, Altcoins, Bitcoin, Blockchain Technology, EOS, News, News teaser

  EOS Futures Contracts Added To BitMEX

  Cryptocurrency exchange BitMEX recently added EOS futures contracts to its platform. Futures traders are now poised to either cash out big or go home broke in this first round of speculative EOS trading.  ‘The Real Deal Holyfield?’ BitMEX CEO Arthur Hayes announced that his platform would officially begin offering EOS/XBT futures contracts, starting this month. (Note: Bitcoin, traditionally known as ‘BTC,’ is denoted by the symbol ‘XBT’ on the BitMEX platform.) Hayes took to Twitter

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  Kyle Baird · June 8, 2018 · 1:00 pm
• Altcoin News, Bitcoin, Bitcoin Regulation, News, News teaser

  SEC Appoints First ‘Crypto Czar’ Valerie Szczepanik

  In a move viewed by some as a sign that the Securities and Exchange Commission (SEC) is furthering its legislative oversight of digital assets, the agency appointed a new senior advisor – already being called the first ‘crypto czar’ – tasked with overseeing digital asset technologies, including ICOs and cryptocurrencies. The SEC announced yesterday that Valerie Szczepanik has been appointed as the Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets

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  Georgi Georgiev · June 5, 2018 · 8:00 pm
• Altcoins, EOS, News, News teaser

  50% of All EOS Tokens Are Held By Only 10 Addresses

  Ten addresses are currently in possession of almost half of all tokens distributed in the year-long EOS initial coin offering (ICO). The fundraising event sold a total of one billion EOS tokens while raising a staggering sum of $4 billion.  A Concentration of Power Nearly 50 percent (49.67 percent) of all EOS tokens are currently distributed among just 10 wallets, according to a report from Trustnodes. Block.one, the company behind the EOS project, holds 100 million

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  Georgi Georgiev · June 4, 2018 · 3:00 pm
• Altcoin News, Blockchain Technology, Companies, News, News teaser

  Tezos Launch Sees Investors Panic Over Lost Passwords

  Tezos took investors by surprise again over the weekend as many appeared to realize they did not have access to a crucial password needed to claim funds.  Your Private Key Is Not Enough The issue, which has gained significant traction on social media, became apparent after Tezos developers announced an incoming beta release of the platform. As part of the announcement, developers requested those who contributed to Tezos’ July 2017 ICO to “verify” their stake

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  Wilma Woo · June 4, 2018 · 9:00 am
• Companies, FinTech, News, News teaser

  Monster Inc. Desperately Launching $300 Million ICO

  Monster Inc, the company which notoriously lost out on Beats By Dre headphones, is planning on launching its very own cryptocurrency. The offering is slated to be called the “Monster Money Token,” according to documents filed with the U.S. Securities and Exchange Commission. Monster also plans on revamping its e-commerce website to let users purchase Monster products with the cryptocurrency.  Need Money? Launch an ICO! Monster Inc is launching an initial coin offering (ICO) and a new

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  Matthew Hrones · June 4, 2018 · 5:00 am
• Altcoins, Blockchain Technology, News, News teaser

  ICOs ‘All Scams Until Proven Otherwise,’ Says BitTorrent Creator

  BitTorrent creator Bram Cohen has become the latest high-profile cryptocurrency industry figure to urge explicit caution over all ICOs. Cohen: No Need For ‘Benefit Of The Doubt’ In comments on social media, Cohen, who stopped short of criticizing the ICO crowdfunding model itself, implied industry journalists in particular should not involve trust when rating an investment opportunity. “As a journalist you shouldn’t give any ICO the benefit of the doubt that they’re a ‘good project,’”

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  Wilma Woo · June 1, 2018 · 6:00 pm
• Bitcoin, Blockchain Technology, News, News teaser

  Bobby Lee: 95% of ICOs Are Database Projects

  China-based cryptocurrency exchange BTCC co-founder Bobby Lee continued the persisting narrative on centralized blockchains May 30, likening them to “databases.” ‘Complete Intellectual Dishonesty’ In a series of tweets, Lee echoed recent comments by cryptocurrency speaker and educator Andreas Antonopoulos on the lack of appeal of blockchains which are not decentralized. “People don’t realize that Blockchain should be distinct & different from Databases, invented decades ago!” he wrote. Bitcoin’s real Blockchain was only invented in 2009.

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  Wilma Woo · May 30, 2018 · 9:30 pm
• Altcoins, Blockchain Technology, News, News teaser

  Tezos Confirms Beta Release As Bitcoin Suisse Adds To Lawsuit Controversy

  Decentralized application and smart contract platform Tezos has announced “final preparations” for its beta release. Tezos Beta, Mainnet On Horizon The embattled project, which has faced multiple delays, infighting and even consumer lawsuits since its $232 million ICO ended in July 2017, pledged to debut its mainnet release following the successful beta rollout. The custodial Tezos Foundation confirmed the move in a press release and on social media May 29. The betanet is coming! It

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  Wilma Woo · May 30, 2018 · 3:30 pm
• Altcoin News, Altcoins, Ethereum, News, News teaser

  Hacked: $1.35 Million Stolen from Taylor Cryptocurrency Trading App

  Taylor, the cryptocurrency trading app, reportedly suffered a cyber attack on May 22nd. According to a post on the app’s Medium account, a hacker stole all of the funds raised by the project’s ICO as well as the native TAY tokens. There are indications that the same hacker was responsible for the CypheriumChain attack that took place in March. This is the latest in a series of hacks gripping the cryptocurrency market in 2018. Details

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  Osato Avan-Nomayo · May 29, 2018 · 10:30 pm
• Altcoin News, Bitcoin, Bitcoin Regulation, Markets and Prices, News, News teaser

  China Blames Poor Investment Choices on Crypto Industry

  China has shockingly (not really) issued yet another warning about the so-called perils that come along with investing in the cryptocurrency industry. This time, it’s in the form of a news report run by its state TV channel. The Bubble Chant Continues According to China Banking News, the report, titled ‘Blockchain Cryptocurrency Bubble Accumulates’, is an alleged investigative piece on how dangerous crypto speculation can be. The seemingly in-depth report appears to focus on one

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  Nikita Blows · May 23, 2018 · 3:00 am
• Altcoins, Emerging Markets, News, News teaser

  New Study: 20% of ICOs Are Scams, But Investors Aren’t Fazed

  Initial Coin Offerings (ICOs) have become the hottest way of raising capital, but at least one in five has turned out to be a scam, according to a new study. 1 in 5 ICO Projects are Scams The number of Initial Coin Offerings (ICOs) has gone through the roof throughout the last year as their underpinned technology, the blockchain, received mass media exposure and starts to see widespread adoption. Yet, being comparatively easy means of

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  Georgi Georgiev · May 21, 2018 · 7:00 am
• Altcoins, Bitcoin Regulation, News, News teaser

  US Securities and Exchange Commission Launches ‘HoweyCoins’ ICO

  In a surprising turn of events, the US Securities and Exchange Commission has launched its own initial coin offering dubbed HoweyCoins. ‘A Hot Investment Opportunity’ Anyone looking for a hot new initial coin offering (ICO) should look no further than the US Securities and Exchange Commission’s brand new token sale for HoweyCoins. States the regulatory authority in an official press release: If you’ve ever been tempted to buy into a hot investment opportunity linked with

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  Adam James · May 17, 2018 · 8:00 pm
• Altcoin News, Bitcoin, Bitcoin Regulation, News, News teaser

  Feds Eyeing Regulations to Hit Anonymity of Cryptocurrency

  The feds are contemplating the potential for regulations which would essentially erode one of the most popular aspects of cryptocurrency – its anonymity. During a panel discussion, three United States government officials expressed their sentiment on the potential for future regulations that could seriously affect the way Bitcoin, as well as other cryptocurrencies, are perceived and exploited. Hinting that the government is contemplating a regulatory hit towards the anonymity offered by some virtual currencies, Sujit

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  Georgi Georgiev · May 17, 2018 · 3:00 am
• Altcoin News, Altcoins, Emerging Markets, Markets and Prices, News, News teaser

  83% of Exchange-Listed Coins Traded Below ICO Price, Research Shows

  Almost half of the projects who started an Initial Coin Offering (ICO) didn’t have any development work done prior to the fundraising event, research shows. The majority of projects which got listed on a cryptocurrency exchange traded below the ICO price.  ICOs have become an increasingly popular way of raising capital throughout the last year. A lot of people, including the CEO of the world’s largest cryptocurrency exchange – Zhao Changpeng, recognized them as viable

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  Georgi Georgiev · May 11, 2018 · 9:00 am
• Bitcoin Businesses, Blockchain Technology, News, News teaser

  ‘100 Times Easier Than VC’: Binance CEO Plugs ICOs

  The CEO of the world’s largest cryptocurrency exchange has released dedicated support for ICOs, saying they are “100 times easier” for fundraising than venture capital. Zhao: Experience Favors the ICO In a blog post dated May 7th, Binance’s Zhao Changpeng sought to alleviate the increasingly tepid reception towards ICO campaigns as the fundraising model struggles with regulatory scrutiny and bad actors. He writes: Through my own experience, and watching hundreds of other projects at a close

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  Wilma Woo · May 7, 2018 · 11:30 am
• Altcoin News, Altcoins, Bitcoin, Bitcoin Businesses, Bitcoin Regulation, Bitcoin Regulatory Map, Bitcoin Regulatory Map, Blockchain Technology, FinTech, News, News teaser

  South Korea Set to Legalize ICOs Under New Conditions

  The government of South Korean appears to be on the verge of legalizing ICOs after the 2017 ban. According to the Korea Times, a coalition of lawmakers are looking to obtain a consensus in the National Assembly to pass a bill making ICOs legal in the country. Details of the Proposed ICO Bill Rep. Hong Eui-rak is leading the move to legalize ICOs in the country. He is a member of the South Korean ruling

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  Osato Avan-Nomayo · May 3, 2018 · 3:00 pm