Telegram Cancels Initial Coin Offering: What It Means for ICOs

Thus far, 2018 has largely been a period of uncertainty regarding the state and future of Initial Coin Offerings. With the US SEC taking an increasingly active role in the regulation of ICOs, and an increasingly controversial perception of this funding method, it is unclear what sort of role ICOs will serve in both the short and long run. Earlier this week, … Read more

Telegram Cans Its ICO Plans, but No One Knows Exactly Why

Telegram shocked the world when the company announced its plan to host an initial coin offering. It quickly became apparent this would not be an ICO in the traditional sense, but rather a glorified IPO with a unique token. It now seems the firm has canceled its fundraising plans altogether. The real reason remains unclear, although SEC … Read more

Tempers Flare at Milken Institute Cryptocurrency Conference

Tempers flared during a cryptocurrency panel hosted at the Milken Institute 21st Global Conference, in Beverly Hills, California with discussions degenerating to profanity as Nouriel Roubini, also known as ‘Dr. Doom,’ described bitcoin’s purported decentralization as “bullshit.” In addition to the comedy of Mr. Roubini, the United States Commodity Futures Trading Commission (CFTC) chairman offered … Read more

46% of This Year’s ICOs Launched with Nothing More Than an Idea

They say that everyone has at least one brilliant idea; it’s just that most people never do anything with it. It’s one thing to have a eureka moment, but implementing it requires time, effort, and capital. Thanks to the advent of ICOs, at least one of those problems has now been solved. Almost half of … Read more

Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token

The Wall Street Journal reported Telegram has raised $1.7 billion in anticipation of an initial coin offering (ICO). However, the company has instead decided to scrap its much publicized ICO in favor of beefing up its popular messaging service and expanding into tokenization. Also read: Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew … Read more

Australia Cracks Down on Misleading and Deceptive Initial Coin Offerings

Australia’s financial regulator is cracking down on deceptive and misleading initial coin offerings (ICOs), citing “a serious breach of the Australian law.” As a result of the regulator’s inquiries, some issuers have halted their token sales or are modifying their structures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ASIC Takes Action Against ICOs … Read more

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