Amazing Crypto

Category: ICOs

  • UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

    UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

    The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of open source and zero-knowledge software. Also Read: McAfee to Launch Decentralized…

  • Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

    Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

    After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western sanctions, needs alternative sources of revenue…

  • Blockstack raises $23 million in first SEC-approved token offerings

    Blockstack PBC, a decentralized computing network, announced that it has raised $23 million in two of the first token offerings approved by the SEC. SEC-regulated token offering In July, Blockstack made headlines by becoming the first company in history to be qualified by the U.S. Securities and Exchange Commision under Regulation A+ to conduct an…

  • Telegram’s Gram token could go live in October (after $1.7 billion ICO)

    After months of anticipation, messaging app Telegram is inching closer to launching its Gram token. The “first batches” of the cryptocurrency are set to be delivered to investors ahead of the Oct. 31 deadline, according to a report from the New York Times. Anonymous investors reveal Telegram actively working on Gram tokens The amount of…

  • Veritaseum ICO issuers facing SEC legal action for alleged fraud, VERI drops 60%

    The Securities and Exchange Commission (SEC) is ramping up its efforts to combat crypto fraud. The Commission filed an emergency legal action against the owner of Veritaseum, Reggie Middleton, whose ICO raised almost $15 million—obliterating the price of VERI. Combating fraudulent ICOs The SEC is ramping up actions against unscrupulous ICOs. Although the Commission has…

  • Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks

    Tokens Built on Bitcoin Cash Are Cheaper to Send Than Those of Rival Networks

    Satoshi Nakamoto’s Bitcoin technology has inspired a lot of innovation spawning a myriad of tokens representing digitized assets. There are now token creation systems on blockchain networks like Omni Layer, Counterparty, and Ethereum. Each framework comes with the cost of sending tokens and right now the Simple Ledger Protocol is one of the cheapest most…

  • Former Coinbase CTO believes crypto will transform venture capital

    Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that cryptocurrencies will bring about significant changes to the world of investing. The industry has created new ways of raising capital, allowing it to come off the sidelines and “flow like water.” What’s next for crypto? Blockchain and cryptocurrencies have infiltrated…

  • Research Reports Show Positive Crypto Industry Growth in H1 2019

    Research Reports Show Positive Crypto Industry Growth in H1 2019

    More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest and regulatory crackdowns. A variety of cryptocurrency research reports analyzing…

  • Large Regulated Token Sales Indicate ICOs May Be Coming Back

    Large Regulated Token Sales Indicate ICOs May Be Coming Back

    Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding through token sales has a chance of becoming a mainstream instrument…

  • Consensys Inner Conflicts Spark Legal Action Against Founder

    Consensys Inner Conflicts Spark Legal Action Against Founder

    Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust enrichment, and breach of contract. Also Read: Another Self-Proclaimed…