Category: ICOs
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Algorand token sale implies $6 billion market cap, ranking above Binance Coin and below EOS
Algorand, a Boston-based blockchain company, raised over $60 million in a token sale held on CoinList. When combined with the Algorand Foundation’s token distribution fund of 2.5 billion Algos it would have a market cap of $6 billion, putting it at seventh above Binance Coin and below EOS. Algorand’s token sale implies a $6 billion…
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Telegram Open Network (TON) tokens will finally be available to retail investors
Telegram, one of the fastest growing messaging apps in the world, will for the first time make its Gram token available to retail investors through Liquid exchange. The exchange said that the limited listing will be available from July 10 and that a full public sale is planned for October. Gram will finally be available…
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SEC sues Kik for unregistered securities offering
[youtube https://www.youtube.com/watch?v=rqN7srwqRf8&w=560&h=349] The U.S. Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO for its KIN token. Officials allege that the ICO constituted an unregistered securities offering. Steven Peikin, co-director of the SEC’s Division of Enforcement that Kik “deprived investors of information to which they were legally entitled, and prevented…
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Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech
SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities. Meanwhile, the SEC has targeted startup cryptos for increased scrutiny. Also Read: SEC Commissioner Says Time Is Right for Bitcoin ETFs —…
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Digital assets—why offshore?
The rapid growth of cryptocurrencies and other digital assets in recent years, combined with seemingly unlimited potential applications for blockchain and distributed ledger technologies across a range of industries, has led to an unprecedented period of innovation and the emergence of some of the most disruptive technologies in decades. One of the most disruptive aspects…
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Could the IEO be the new ICO?
Initial coin offerings—once the favorite method to raise money from investors and crypto enthusiasts—is being ousted by newer, more promising initial exchange offerings. How do the two methods differ and who exactly benefits? The Downfall of ICOs Raising money was among the first thing cryptocurrency entrepreneurs figured out as the young industry developed. Initial coin…
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Online Bank Mistertango Offers Crypto Companies Multiple Accounts and Ibans
Mistertango is a platform that provides crypto users and businesses with access to traditional finances. Its services are open for exchanges, investors and others involved in the industry. The crypto-friendly payment processor offers both personal and business accounts that come with the option to create multiple Ibans. Also read: Cryptoradar Finds Best Prices Across Exchanges…