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Experts say, “Kik’s ICO case appearing strong”

June 05, 2019

The messenger app maker, Kik has been sued by the US Securities and Exchange Commission (SEC) for its $100 million ICO on the grounds of running an unregistered securities sale. The regulatory body has built up a strong case in its initial court move...

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South Korean lawmaker triggers hope for ICOs

May 13, 2019

Back in 2017, South Korea banned all forms of ICOs and early this year, they took a call to sustain the decision. This followed a lengthy period of deliberation.

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Early Spotify investor invests in blockchain art registry funding round

April 23, 2019

Artory, a blockchain-based art registry startup has raised over $7 million in series A funding round. The contributors involve a group of investors including an early Spotify investor.

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Velocity Ledger ICO Has Been Approved By The Bermuda Ministry Of Finance

April 11, 2019

An initial coin offering (ICO) of trading firm Velocity Ledger Holdings Limited (VLHL) has been approved by the Bermuda Ministry of Finance. The firm has now sent in an application to the Bermuda Monetary Authority to acquire the required license to...

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Here’s Why The QN Utility Token Can Be A Game-Changer

April 10, 2019

A blockchain compliant mobile telecommunication network, Quanta Networks, is set to launch its Ethereum based ERC20 utility token April 15, 2019, called the QN Utility Token. After a successful private sale period that ended on 31st March, 2019, this...

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US Court Ruling To Change How ICOs Are Perceived?

April 04, 2019

Even if the ATB coin didn’t entitle buyers to profits, a federal judge recently ruled that ATB Coin was deemed to be an unregistered security. The Howey Test doesn’t actually require a security to be shared in a profit-gaining enterprise.

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Here’s why ICOs Haven’t Really Made A Comeback In 2019

April 01, 2019

Despite the hype, in Q1 2019, a mere $118 million has been raised via initial coin offerings (ICOs), which is 58 times less than the $6.9 billion raised in the same period last year. Data from the ICO analytics website TokenData was cited in the repo...

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Bank Accounts Frozen, Luxury Cars Seized In Vanbex ICO Probe

April 01, 2019

According to the latest ICO news, Canadian police have recently conducted an investigation into a fraud ICO that raised $22 million in 2017. The police have frozen the assets owned by the founders of Vanbex, a blockchain services company. The documen...

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FINMA On Its Toes To Fight Illegal ICOs

March 29, 2019

Switzerland's Financial Market Supervisory Authority (FINMA) has spotted Envion AG guilty of running an ICO without a statutory license. It violated the supervisory law by doing so. The legal proceedings against the company began sometime in July 201...

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Celer Network ICO A Success On Binance Launchpad

March 20, 2019

Binance stated that it has completed its token sale for the Celer Network (CELR) within 17 minutes and 35 seconds. As the largest cryptocurrency exchange in the world, Binance is among the more popular networks for crypto-asset afficandos.

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