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Previous SEC Chief Calls IEOs “Uncontrolled Crypto-Casino Fundraising Anomalies”
In 2017, the explosion of initial coin offerings (ICOs) – a new fundraising method where startups could issue tokens in exchange for early capital they otherwise wouldn’t have access to – helped fuel the crypto mania alongside Bitcoin’s meteoric rise. The new opportunity for crowdfunding rewarded investors who were able to get in on the…
Crypto Guideline: SEC Personnel Publish Standards on Digital Assets
Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment…
Eos to Be Utilized by 300 Million Users on Tapatalk, Real Mainstream Usage Case
Those questioning the blockchain projects for their underlying utility should look at EOS. The smart contracts platform recently paved its way into the working model of Tapatalk, a Reddit-like forum application. Per an announcement published February 21, Tapatalk will utilize the EOS blockchain to power its Gold Point reward system. The integration would allow Tapatalk…
Binance Overwhelmed by BitTorrent Token Need, 60 Billion Sold in 15 Minutes
As crypto markets tumbled yesterday the BitTorrent token sale kicked off and promptly overloaded the world’s largest exchange where it was hosted. BTT Gone in 15 Minutes … The BitTorrent token sale started on Binance Launchpad yesterday amid another crypto market rout which dumped $7 billion in a few hours. Binance posted an announcement with…
Security Token Offerings (STOs) Might be Huge For Korean Crypto Market
If 2017 and early 2018 were seen as the year(s) of the ICO then 2019 could well be the year for the STO, security token offering, according to latest research from South Korea. Security Tokens Still Need Regulation Initial coin offerings were seen as a great way to launch a project by selling tokens for…
BitTorrent Announces BTT Airdrops for Tron TRX Holders
The BitTorrent token sale is one of the largest and most talked about ICOs of the year. In an effort to boost sales for the new token and the price of Tron, the company has announced a series of airdrops. Incoming BTT for Tron Hodlers Starting on February 11 this year and ongoing until 2025…
Malaysia to Prison Prohibited ICO and Crypto Exchanges Operators for 10 Years
Running an unregistered crypto exchange or an initial coin offering (ICO) in Malaysia could land the operator in jail for a maximum of 10 years. $2.43 Million in Fines Securities Commission Malaysia (SC), the country’s top financial watchdog, has announced that it would categorize cryptocurrencies such as Bitcoin as securities. The commission confirmed in a press…
Crypto Goes Narcos as Escobar Estate Launches New Stablecoin ICO
The late Pablo Escobar is infamous for a number of reasons but crypto has not been among them, until now. An ICO for a dollar pegged stablecoin has been launched by the brother of the drug lord and Colombian cult hero in an effort to impeach US president Donald Trump. Anti-Trump ESCOBAR ICO Gathers Momentum…
Estate of Columbian Cartel Kingpin Claims Tether Crypto Is Unreliable
The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question. Escobar Inc. plans to launch an initial coin offering (ICO) for…
Binance Continues Broadening With New Token Sales on ‘Launchpad’
Crypto exchange Binance has shown no sign of slowing down during the year-long bear market as it continues to innovate and nurture projects to foster the embryonic industry. Its latest offering is called Launchpad which has been described as a token launch platform which helps blockchain projects raise funds and increase their reach in the…