Initial Coin Offerings

BitTorrent Token’s Price Closes 6 Times Its ICO Price

BTT is up 565 percent since ICO, with a trading price of $0.0000797, according to Coinmarketcap data.

South Korea Sticks to ICO Ban After Discovering Some Projects Broke Rules

After discovering that some token projects have been violating rules, South Korea has decided not to lift the ban on local initial coin offerings (ICOs).

Multicoin Capital Leads $2.5 Million Funding Round for The Graph

Multicoin Capital has led a $2.5 million seed round in a firm that allows easier data gathering from public blockchains.

OECD Believes ICOs are Useful for Financing SMEs But aren’t Suitable for Mainstream Adoption

The Organization for Economic Cooperation and Development (OECD) believes that small and medium-sized businesses (SMEs) may benefit from Initial Coin Offerings (ICOs)—but the industry is not yet matured or duly regulated for the “mainstream.”

US SEC Targets ICO Projects and Decentralized Exchanges

The US Securities and Exchange Commission is targeting ICO projects and decentralized exchanges.

Pablo Escobar’s Estate Launches ICO for New Stablecoin

The brother of the late Colombian drug lord Pablo Escobar has launched an initial coin offering (ICO) for a dollar pegged stablecoin in a bid to impeach U.S. President Donald Trump.

French Crypto Banking Startup Vanishes Following Botched ICO

Hush founder Eric Charpentier has also deleted all his tweets about Hush, as well as his LinkedIn and Telegram accounts.

Ohio Congressman Proposes “WallCoin” Crypto to Fund Trump’s Mexico Border Wall

Congressman Warren Davidson of the state of Ohio believes that crowdfunding may give a possible solution to the proposed wall to be erected on the U.S.-Mexican border.

Ex AriseBank Officials Settle Charges with SEC in ICO Fraud Lawsuit

AriseBank’s former CEO and COO will pay a joint amount of $2.7 million in disgorgement and penalties, on top of $187,767 each.

SEC Chairman Sees ICOs as an “Effective Way” to Generate Capital

During last week’s speech focused on the SEC’s annual progress and agenda for 2019, Clayton stated that  “ICOs can be effective ways for entrepreneurs and others to raise capital.” 

ICOs Liquidate Over $17 Million ETH Amidst Crypto Market Collapse

Amid the cryptocurrency market’s recent collapse, blockchain developers have liquidated over $17.7 million worth of Ethereum tokens (ETH) in the past month, marking the largest withdrawal for this year.

FBI Arrests AriseBank CEO; Charged in Purported $4M ICO Scam

The Federal Bureau of Investigation (FBI) has arrested on November 28 AriseBank CEO Jared Rice Sr., charging him with six counts securities and wire fraud.

U.S. District Court Denies SEC Injunction Request Against ICO

A U.S. court has denied an injunction lodged by the Securities and Exchange Commission against blockchain-based assets exchange Blockvest.

Floyd Mayweather and DJ Khaled Faces Penalties Over ICO Endorsements

Professional boxer Floyd Mayweather Jr. and music producer DJ Khaled have recently settled charges filed by the U.S. Securities and Exchange Commission over failing to disclose that both were paid to serve as promoters of Initial Coin Offerings.

Malaysia to Regulate Cryptos and ICOs by Q1 2019

Finance Minister Lim Guan Eng has stated that Malaysia’s Securities Commission (SC), the country’s regulator, has informed him about a timeframe for the new rules.